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Published November 05, 2009 04:48 pm -

Tulsa attorney charged with embezzlement



OKLAHOMA CITY (AP) — Attorney General Drew Edmondson says a Tulsa attorney and a former attorney have allegedly embezzled more than $1.1 million from clients.

Edmondson says William J. Anton and Fred M. Schraeder are accused in Tulsa County District Court of racketeering, conspiracy and multiple counts of embezzlement, forgery and workers' compensation fraud.

Anton is a former lawyer who surrendered his law license in 2007 but continued to practice illegally. He and Schraeder are accused of embezzling from clients' personal injury and life insurance settlements and workers' compensation benefits claims.

The state alleges Anton is responsible for embezzling slightly more than $1 million and Schraeder helped him embezzle about $155,000 more.

Anton was arrested Thursday by attorney general investigators and the Tulsa Police Department. Schraeder is not in custody.



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