Rancho Santa Margarita - Peter David Nitschke, an Attorney who previously represented HOA Hero Michael Curtis and HOA activist Katie MacDaniel has been charged with embezzling over $720,000 from his client trust account from two elderly sisters after offering to assist them with their finances following the death of their mother.
In March 2010, the 95-year-old mother of 65-year-old Diane C. and 69-year-old Virginia C. died, leaving her daughters a home in Northern California and over $675,000 in bank accounts.
Nitschke, a then-Irvine-based attorney, is accused of being friends with the victim's family and was president of their church congregation, the Lutheran Church of the Cross in Laguna Woods. Nitschke is accused of offering to help Diane and Virginia C. settle the financial accounts and directed them to give him cashier's checks in the amount of all the funds left to them in the bank accounts by their mother. He is accused of stealing over $675,000 from the victims by depositing the money into his personal bank accounts instead of placing it in his client trust account as required by the California State Bar. The defendant is also accused of stealing an additional $46,000 from the victim by failing to return the funds to them from a real estate transaction. Nitschke is accused of then spending the money or hiding it by moving it into other accounts.
In early 2012, the victims' family inquired with the defendant about the money to assist Diane and Virginia C. with medical and nursing home expenses. Despite the account having been closed with a zero balance, Nitschke is accused of creating a fraudulent bank statement dated that month to falsely show that the funds were in his client trust account.
After becoming suspicious of the defendant's handling of the accounts, the victim's called IPD in May 2012.
June 26, 2011
“While the argument that the new OSCD leadership has changed the dynamics and the newly instituted processed have a positive impact is compelling, it fails to recognize that the major component in culture change in the department is the union's leadership. That is, we posit the culture will not change unless the union agrees to change. The auditor's conclusion can be misleading: "we changed management, therefore the culture has now changed" is disingenuous.
As you know, SOX legislation was passed in an attempt to prevent Enron-like debacles. The concept has three tenets: 1) Have management sign financial reports to certify reports are accurate. 2) Certify the report are accurate and a process is in place to make sure they are. We advocate something similar for OCSD management for any use of resources.”
Our response to Mr. Howar Sutter's disinigenous response