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Seller Must Pay For Embezzlement By Buyer's Attorney (access required)

Even though a home buyer's attorney embezzled the sale money from his escrow account, the seller must nevertheless shoulder the loss, the Court of Appeals ruled April 19. The case is GE Capital Mortgage Services Inc. v. Avent (North Carolina Lawyers Weekly No. 4-07-0546, 8 pages). Judge John Martin wrote the opinion. Judges Clifton E. Johnson ...

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