Lerach Still Enjoys Lap Of Luxury
May 28, 2010
This week Don Bauder of The San Diego Reader reviewed the recent book Circle of Greed, which chronicles the career of San Diegan ex-con William Lerach. In addition to providing the juicy details of how Lerach shook down corporations for hundreds of millions of dollars, Bauder reports that Lerach is comfortably enjoying life outside the pokey:
Now he is out, residing comfortably in one of the county’s most luxurious spreads, a cliffside villa in La Jolla. He is worth an estimated $700 million. The government made him pay a mere $7.5 million for his crimes. The profane, volatile, bullying Scotch guzzler and work addict — now on his fourth marriage — can no longer practice law but is preparing to teach a course at the University of California Irvine School of Law.
In describing the book, Bauder quotes co-author Patrick Dillon: “The book is not so much about the lawyers but about the business of the law.” And, Bauder writes, “It’s a tawdry business.”