Criminal defense attorney pleads guilty to role in embezzlement

Fred Schraeder_20111026071214_JPG

Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Posted: 10/26/2011

TULSA - A Tulsa criminal defense attorney found himself in need of a lawyer of his own.

Fred Schraeder has pleaded guilty to helping embezzle more than $1 million from clients.  For his plea, a judge gave Schraeder a five-year deferred sentence.

He was ordered to pay more than $36,000 in restitution, among other fines.

The state attorney general alleges Schraeder and his partner, William Anton, embezzled money from 49 clients.

Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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