Matson’s lawyers conceded that his conduct “was and is inexcusable. Very little he has performed or will do likely ahead can at any time modify that actuality, and we do not endeavor to advise if not.”
But, they extra, “Mr. Matson took quick methods to atone for his misconduct. He voluntarily resigned from the bar … he directed [his lawyers] to disclose critical details about his carry out that was not then recognised to the govt, to cooperate thoroughly, and sooner or later to negotiate a resolution with the Workplace of the U.S. Attorney. Through that approach, and commencing prior to pleading guilty, Mr. Matson worked with the federal government to make selected that all restitution was made.”
“While his remarkable endeavours to fork out restitution do not excuse his conduct or reduce the seriousness of the offense, they present a sizeable mitigating component that the Court should think about,” his lawyers wrote.
Court docket data demonstrate that in 2019, Matson made false statements relating to allegations that he misappropriated funds as a courtroom-appointed trustee in the bankruptcy of LandAmerica Money Group. A federal investigation found circumstances of Matson’s embezzlement from the LandAmerica Have faith in involving 2015 and 2018, totaling approximately $800,000 in misappropriated cash, prosecutors said.
LandAmerica, a Henrico County-centered title insurance plan business that was one particular of the biggest in the U.S., submitted for Chapter 11 personal bankruptcy protection in 2008. In 2009, Matson was appointed the liquidation trustee by the U.S. Personal bankruptcy Court docket for the LandAmerica Financial Team Liquidation Have confidence in. Then in 2015, Matson was appointed to serve as the fiduciary of the wind-down money.