In re Schutrum

*144OPINION OF THE COURT

Respondent is an attorney and counselor at law admitted to practice in New York State. The petition alleges that in April, 1978 he was retained by Clifford and Nancy Faille to represent them in the sale of their real property; that the sale was completed and on July 3, 1978 proceeds of $13,227.77 were paid over to respondent for delivery to his clients; that despite numerous requests by them respondent failed to deliver the proceeds to his clients but instead repeatedly and falsely represented to them that the proceeds had been forwarded to them at their new residence in…