### THE STATE OF SOUTH CAROLINA In The Supreme Court

In the Matter of James R. Jones, II, Respondent.
Appellate Case No. 2015-000535

Opinion No. 27544 Submitted June 16, 2015 – Filed July 8, 2015

DISBARRED

Lesley M. Coggiola, Discip linary Counsel, and C. Tex Davis, Jr., Senior Assistant Disciplinary Counsel, both of Columbia, for Office of Disciplinary Counsel.

Desa Ballard, of Ballard & Watson, of West Columbia, for Respondent.

PER CURIAM: In this attorney disciplinary matter, respondent and the Office of Disciplinary Counsel (ODC) have ente red into an Agreement for Discipline by Consent (Agreement) pursuant to Rule 21 of the Rules for Lawyer Disciplinary Enforcement (RLDE) contained in Rule 4 13 of the South Carolina Appellate Court Rules (SCACR). In the Agre ement, respondent admits mi sconduct and consents to the imposition of any sanction in Rule 7(b) , RLDE. He requests that the sanction be imposed retroactively to November 27, 2007, the date of his interim suspension. In the Matter of Jones , 375 S.C. 493, 654 S.E.2d 271 (2007). Respondent further agrees to enter into a restitution plan with the Commission on Lawyer Conduct (the Commission) to repay persons and entities harmed as a result of his misconduct. Finally, in the event he is reinstated to the practice of law, respondent agrees to complete the Legal Ethics and Practice Program Ethics School and Trust Account School with twelve (12) months of the da te of his reinstatement. We accept the Agreement and disbar respondent from the practice of law in this state, not retroactively to the date of his interim susp ension. Further, within thirty (30) days of the date of this order, respondent shall enter into a restitution plan with the Commission to pay restitution as directed hereafter in this opinion. Finally, in theevent he is reinstated to the practice of law, respondent shall complete the Legal Ethics and Practice Program Ethics Schoo l and Trust Account School no later than twelve (12) months from the date of his rein statement. The facts, as set forth in the Agreement, are as follows.

Facts

Matter I

On March 29, 2007, respondent took possession of $1,400,000 for Complainant A from the sale of property in Horry C ounty. Respondent agreed to hold the proceeds from the transaction in trust on behalf of Bogey Exchange Company, Inc., which was created by respondent to act as a Qualified Intermediary.

In June 2007, respondent issued a check from the Bogey Exchange Company trust account to Complainant A's sister that wa s returned for insufficient funds. Within approximately fourteen (14) days, res pondent made the ch eck good. After June 2007, respondent failed to return repeat ed messages from Comp lainant A regarding the monies in the trust account.

On November 7, 2007, respondent i ssued two checks for $ 158,721.58 and $135,000 from the Bogey Exchange Comp any trust account made payable to Complainant A. Before depositing the check s, Complainant A was able to verify with the bank that there were insufficie nt funds in the Bogey Exchange Company account to cover the checks. Respondent admitted to Co mplainant A that he could not account for the missing funds that he was holding in trust.

Matter II

In May 2005, respondent took possession of monies belonging to Complainant B and agreed to hold the monies in trust. Respondent placed the monies into a trust account styled as "Complainant B Tr ust." The Complainant B Trust held $1,300,000 at the time respon dent created the trust.

On November 28, 2007, respondent closed the account. Respondent failed to return several calls from Complainant B seeking information relating to the monies, as well as copies of bank stat ements and other financial information relating to the Trust. Respondent admits he cannot account for the missing funds placed in Complainant B's Trust.Matter III

At some point after the death of Jane Do e in June 2005, res pondent was appointed as co-personal representative with Jame s S. Pope, Esquire. An agreement was reached between respondent and Mr. Pope that respondent would handle the legal and tax work for the Esta te of Jane Doe.

In January 2007, respondent took possession of two checks in the total amount of $ 13,002.00 from a payor on behalf of the Estate of Jane Do e. Respondent opened an estate account with a bank shortly after receiving the two checks and deposited the entire amount into the account. Resp ondent admits he cannot account for the Estate of Jane Doe's funds.

Law

Respondent admits that by his conduct he has violated the following provisions of the Rules of Professional Conduct, Rule 407, SCACR: Rule 1.4 (lawyer shall provide prompt communication to client and promptly comply with reasonable requests for information); Rule 1.5 (lawye r shall not charge or collect unreasonable fee or amount for expenses); and Rule 1.15 (lawyer shall safekeep client funds; lawyer shall promptly deliver to client or third person any funds or other property that client or third person entitled to re ceive; upon request by client, lawyer shall promptly render full accoun ting regarding client's f unds). Respondent further admits he has violated the provi sions of Rule 417, SCACR.

Respondent also admits he has violated the following Rules for Lawyer Disciplinary Enforcement, Rule 413, SCACR: Rule 7(a)(1) (it shall be ground for discipline for lawyer to violate Rules of Professional Conduct).

Conclusion

We accept the Agreement for Discipline by Consent and disbar respondent from the practice of law in this state. The di sbarment shall not be made retroactive to the date of respondent's interi m suspension. Within thirty (30) days of the date of this order, respondent shall enter into a restitution plan with the Commission to pay restitution to the following persons and entity: Complainant A - $1,400,000; Complainant B - $1,300,000; and the Estate of Jane Doe - $13,002. Payments may be offset by any amount paid by respondent 's malpractice carrier and the Lawyers' Fund for Client Protection (Lawyers' F und) and any amounts previously paid by respondent. Respondent shall fully reimbur se the Lawyers' Fund for all claimspaid on his behalf as required by Ru le 411(c)(2), SCACR, prior to his reinstatement to the practice of law. In th e event he is reinstat ed to the practice of law, respondent shall complete the Lega l Ethics and Practice Program Ethics School and Trust Account School no later than twelve (12) months from the date of his reinstatement. Within fifteen ( 15) days of the date of this opinion, respondent shall file an affidavit with the Clerk of Court showing that he has complied with Rule 30 of Rule 413, SCACR, and shall also surrender his Certificate of Admission to the Practic e of Law to the Clerk of Court.

DISBARRED.

TOAL, C.J., PLEICONES, BEATTY , KITTREDGE and HEARN, JJ.,

concur.