Lawyer’s fraud case moving towards resolution: defence

Published on February 26, 2014

A resolution may be on the horizon for a disbarred lawyer who once represented a company linked to a massive fraud case.

That’s according to the lawyer for William J. Parsons, 61, who is facing 38 counts of fraud over $5,000 and a single count of conspiracy to commit fraud.

Parsons was not present in St. John’s Provincial Court Wednesday morning, but defence lawyer Arnold Hussey told Judge Pamela Goulding he was optimistic about the prospect of moving towards some sort of resolution with the case. The matter will return to court April 15.

The accused was first charged in December 2012 following a lengthy investigation by the RCMP's commercial crime section.

Parsons, whose law practice was based in Mount Pearl, is not in custody. Myles-Leger Ltd. operated as a construction company in St. John’s, developing residential subdivisions and condominiums.

The fraud allegations stem from events spanning a four-year-period from  January 2000 to May 2004. The company declared bankruptcy in 2004.

The Law Society of Newfoundland and Labrador first suspended Parsons in May 2004 and then disbarred him in December of the following year.

Company co-owners Randall Myles Clarke, 53, and William Leger Clarke, 54, and former company comptroller Terrence M. Reardon, 52, are also facing charges of fraud over $5,000 and conspiracy to commit fraud. Their case is due back in court April 7.