Terre Haute attorney resigns license following accusations of misappropriating funds

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TERRE HAUTE, Ind. (WTWO/WAWV) – A Terre Haute attorney resigned his law license last week amid accusations of misconduct from his former firm.

WTWO/WAWV obtained a letter William Olah sent to his clients explaining the situation. 

“I resigned my law license upon being told that I may be going blind AND in the face of my old law firm accusing me of misappropriating law firm fee payments,” Olah wrote.

Olah worked for the law firm Wilkinson, Goeller, Modesitt, Wilkinson & Drummy, LLP for 32 years. According to the firm, he retired April 30. 

In a written statement, the law firm said that “without advance notice to us” Olah started his own law practice after retiring from the firm. 

“We learned thereafter that Mr. Olah engaged in serious financial misconduct while a firm partner by secretly diverting a substantial amount of the firm’s fees to a company he controls,” the law firm statement continued. “Our investigation has produced no evidence that he misappropriated any client funds. When Mr. Olah admitted some of his misconduct to our legal counsel, we demanded that he surrender his license to practice law.”

Olah claimed the firm was filing charges against him; however, the firm denies that, but did state that “our inquiry is ongoing, and we will consider all options, both civil and criminal.”

Olah finished his letter to clients stating that “You are going to hear a lot of bad things about me, but I still consider each client a friend. I always strove to do right by you in the services I provided. I feel I am like all other folks in that I’d rather be remembered for the best things I did than the worst.”

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