Bay Roberts lawyer Doug Moores has been suspended from practising law by the Law Society of Newfoundland and Labrador for a period of three months.
An adjudication tribunal of the society’s disciplinary panel, following a hearing, found Moores guilty of “conduct deserving of sanction.”
Moores entered a guilty plea to allegations concerning his role in 11 real estate transactions in which there were indicators of potential mortgage fraud.
According to a notice published by the society, the complaint did not allege that Moores knowingly participated in assisting for facilitating mortgage fraud by others.
The misconduct arose from the degree by which Moores delegated responsibility for the real estate transactions to his legal assistants, and associated with that, his failure to ensure that he retained and properly exercised responsibility when requests were made for credits against the purchase prices of the properties.
The tribunal ordered that Moores be suspended from practising law for three months starting Oct. 19; that for two years following the expiry of the suspension the society’s executive director can order audits of the real estate files of Moores at any time; and that Moores pay costs in the amount of $40,000 plus HST, to be paid prior to Moores resuming practicing law.