Originally published Monday, September 21, 2009 at 9:48 AM
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Disbarred Gig Harbor lawyer arrested in fraud case
A disbarred Gig Harbor lawyer faces charges stemming from a credit card debt elimination business.
The Associated Press
A disbarred Gig Harbor lawyer faces charges stemming from a credit card debt elimination business.
The U.S. attorney's office says 50-year-old Bruce Hawkins was arrested Monday morning pending arraignment Monday afternoon in Tacoma.
Hawkins was charged with money laundering and mail fraud in an eight-count indictment that was returned under seal in April.
He is accused of using his status as a lawyer to promote a false legal theory that national banks could not lend credit. On that basis, he falsely claimed the consumers did not have to pay their credit card debt or abide by limits on who could arbitrate disputes with banks.
He set up an arbitration business is accused of raking in more than $880,000 from 2002 to 2005. The next year, 2006, he was disbarred.
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