LexisNexis ( July 22, 2019, 12:03 PM EDT) -- Background. Roy J. Elizondo is an attorney in Houston. A putative international client solicited Elizondo via email for representation in a purported collection action. Elizondo agreed to represent the client. Almost immediately the debtor agreed to settle the dispute. The client informed Elizondo that the debtor would mail him a cashier’s check in the amount of the settlement. The client instructed Elizondo to deposit the check into his law firm’s IOLTA and to wire a portion of the funds to a third party’s designated bank account in Japan. The client emphasized that time was of the essence, explaining that the dispute with the debtor had disrupted the client’s cash flow and caused it to fall into arrears with various entities with which it did business, including the Japanese holder of the designated Japanese bank account....