Disbarred Columbus attorney accused of stealing over $1M from clients pleads in federal court - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 23, 2021 Newswires
Share
Share
Post
Email

Disbarred Columbus attorney accused of stealing over $1M from clients pleads in federal court

Columbus Ledger-Enquirer (GA)

Jun. 23—A disbarred Columbus attorney accused of stealing insurance settlements from his clients pleaded guilty to a federal charge Wednesday in U.S. District Court.

George William "Bill" Snipes pleaded to mail fraud before Judge Clay Land.

Federal authorities assumed the investigation into Snipes after Columbus police in 2018 charged him under state law with 18 counts of theft involving nine former clients who together claimed Snipes stole more than $1.2 million from them.

Clients, in complaints to the state bar, alleged Snipes settled cases involving automobile accidents without telling them, forged their signatures on settlement documents, and had the settlement checks sent to him, for his own use.

In federal court Wednesday, Snipes pleaded guilty to mailing a Sept. 18, 2017, letter demanding the USAA Insurance Company send him settlement checks totaling $48,000 for two clients injured in an automobile accident. Neither client saw or signed the checks, and Snipes "converted the funds to his own personal use," according to the plea document.

The document cited other instances in which Snipes defrauded clients out of settlements, in amounts ranging up to $450,000. He was ordered to pay more than $1.6 million in restitution.

Doing business as "G. William Snipes, Attorney at Law," Snipes had what's called a "defendant's interest on lawyers trust account" where settlements were deposited to accrue interest before being paid out to clients. Snipes had an account that showed unauthorized distributions to himself, his business rental company, storage facilities and parent-teacher associations, according to his plea.

Cash withdrawals from that account totaled $468,750, and $167,600 in checks were written directly to Snipes, said Assistant U.S. Attorney Melvin Hyde.

Judge Land set Snipes' sentencing for 10:30 a.m. Oct. 19. Now 68 years old, Snipes is facing up to 20 years in prison and a $250,000 fine. He will remain free on an unsecured bond of $10,000, said Land, who ordered him to remain in the United States as he awaits sentencing.

Snipes was represented by defense attorney Jerry Froelich, who also served as Snipes' counsel when Snipes was arrested on state charges, before federal agents took on the investigation.

Earlier charges

Columbus police financial crimes detectives started investigating Snipes in January 2018, and got warrants for his arrest the following April. Snipes did not surrender until late May.

"You stole all my mama's money," a woman declared during Snipes' bond hearing in Columbus Recorder's Court on May 30, 2018. "You can do whatever you want to me!" she shouted as deputies escorted her from the courtroom.

Several victims or their family attended the hearing, and some yelled at Snipes' attorney outside.

The Georgia Supreme Court disbarred Snipes on June 4, 2018, for violating rules of professional conduct by exceeding his authority, failing to act with reasonable diligence and collecting fees without accounting to his clients. Snipes did not contest the disbarment.

Snipes had his own law practice since January 2012, at a 1300 Wynnton Road suite. He earlier was in a firm with two brothers.

___

(c)2021 the Columbus Ledger-Enquirer (Columbus, Ga.)

Visit the Columbus Ledger-Enquirer (Columbus, Ga.) at www.ledger-enquirer.com

Distributed by Tribune Content Agency, LLC.

Older

QuadMed Adds Accomplished Health Care Executives to Leadership Team

Newer

RV Insurance Market Next Big Thing : Major Giants National General, Good Sam, RVinsurance.com

Advisor News

  • The DOL wants to open the gates to private equity in 401(k)s. Good idea?
  • How to manage credit card debt in retirement
  • Reynolds signs temporary tax hike
  • Gov. Kim Reynolds signs temporary tax hike to address Iowa Medicaid shortfall
  • Reynolds signs temporary tax hike to address Iowa Medicaid shortfall
More Advisor News

Annuity News

  • Three ways the Corebridge/Equitable merger could shake up the annuity market
  • Corebridge, Equitable merge to create potential new annuity sales king
  • LIMRA: Final retail annuity sales total $464.1 billion in 2025
  • How annuities can enhance retirement income for post-pension clients
  • We can help find a loved one’s life insurance policy
More Annuity News

Health/Employee Benefits News

  • Meals, mortgage or medicine? Floridians on Obamacare are facing tough choices
  • Barack Obama Reflects on the Affordable Care Act as a Top Achievement and Highlights Its Successes. A Ton of People Vehemently Disagree
  • Hawai'i's Top Employers Profiles 2026
  • Amesbury FD receives grant for cardiac screenings
  • Findings on Managed Care Detailed by Researchers at Harvard University School of Dental Medicine (Did the Affordable Care Act Increase Medicaid Coverage for Isolated Facial Trauma? A National Cohort Study): Managed Care
More Health/Employee Benefits News

Life Insurance News

  • Hawai'i's Top Employers Profiles 2026
  • Corebridge, Equitable Merger Creates $1.5tr Platfrom
  • AM Best Removes from Under Review with Positive Implications and Affirms Credit Ratings of Sompo Seguros Mexico S.A. de C.V.
  • Corebridge, Equitable merge to create potential new annuity sales king
  • Aflac adds new long-term care rider
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Press Releases

  • RFP #T01525
  • RFP #T01725
  • Insurate expands workers’ comp into: CA, FL, LA, NC, NJ, PA, VA
  • LifeSecure Insurance Company Announces Retirement of Brian Vestergaard, Additions to Executive Leadership
  • RFP #T02226
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet