San Diego Professional Fiduciary Trustee, Teresa Laggner sentenced to jail
Sept. 19, 2010 San Diego, California
SAN DIEGO—A woman appointed by a San Diego probate court to oversee estates and conservatorships has been sentenced to 18 months in prison for stealing some of those funds to support a gambling addiction.
The San Diego Union Tribune (http://bit.ly/oJhhta) reports private fiduciary Teresa Laggner was sentenced Monday. She pleaded guilty earlier this year to wire fraud and money laundering.
Federal prosecutors say Laggner drained hundreds of thousands of dollars from client trust accounts. Laggner used the money to feed a gambling habit that ate up more than $1 million in losses over the past four years.
Laggner was given the authority to open bank accounts for the trust assets under her management. She was overseeing $20 million in assets last year."
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See also: Teresa Laggner's professional fiduciary license has been revoked by the State of California. See documents at link above.
San Diego Professional Fiduciary Teresa Laggner
San Diego Professional Trustee Teresa Laggner
Teresa Laggner Professional Trustee Fiduciary
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