Federal authorities and several private attorneys are working to undo the damage that was done by a Utah attorney who admitted this week in federal court that he embezzled millions from his clients.
2News first reported last week that Calvin Curtis, 61, was charged with fraud and money laundering for an alleged scheme that diverted funds from his clients’ trust accounts into his own personal accounts.
Prosecutors estimate Curtis took at least $9.5 million from 23 clients to fund his own "lavish lifestyle," according to the charges.
The family of 79-year-old Glenn McConkey, a prominent Utahn and mother of the late world-famous skier Shawn McConkey, allege Curtis took $13-million from a trust account. Glenn is disabled and requires full-time attention in an Alzheimer’s care center.
“How do you uproot a woman and take her to a place that could be potentially be cheaper? No, you can’t do that, she’s well taken care of,” said Sherry McConkey, the widow of Shawn. “Calvin Curtis strung me along for quite a few years.”
The McConkey’s attorney, Laura Milliken Gray, said she and other trust attorneys in Utah are looking at options for recouping funds from Curtis.
Curtis is in the process of selling his mansion on South Temple Street in the Avenues neighborhood of Salt Lake City, according to his defense attorney Greg Skordas.
“He has his home under contract which will yield over $1 million to the victims. We fully acknowledge this amount represents less than 10% of the total losses,” Skordas said.
Victims of Curtis’ fraud have told 2News that they have been meeting the FBI over the last five days.
Attorney Kelly White is representing five victims, including the Hess Family, who were featured in a story on 2News last week. The Hess family received money from a medical malpractice settlement to care for their daughter with cerebral palsy and planned to use the money to put a wheelchair access ramp in their house.
“That money is intended to be used for their healthcare for the rest of their lives. Some families aren’t going to be able to afford to make their homes handicap accessible,” White told 2News on Friday.
White said it’s not clear yet how much money the 23 victims will be able to recoup from Curtis. Federal prosecutors have ordered Curtis to repay $9.5 million as part of his plea agreement, but White and Gray both acknowledged it’s not likely Curtis has assets to cover the restitution upfront.
“Unfortunately, it doesn’t look good,” White said.
White said the attorneys are looking at options with the Utah State Bar and malpractice insurance to help the victims.
“It does look like Mr. Curtis does have malpractice insurance, what that coverage entails, we don’t know yet,” White said.
Curtis entered a guilty plea to fraud and money laundering this week as part of a plea agreement with prosecutors. The stipulated sentence of the agreement is 73 months in prison, along with restitution.
Curtis is scheduled to be sentenced in March 2022.
Victims of Calvin Curtis are asked to contact the FBI Salt Lake City at 801-579-1400.