In Re Kraemer

The opinion of the court was delivered

Respondent pleaded nolo contendere in the United States District Court for the District of New Jersey to an indictment charging him with embezzlement and.misappropriation of funds belonging to a bankrupt estate. He was sentenced to five years imprisonment; the sentence was suspended and he was placed on probation for five years.

In addition, the Essex County Ethics Committee, after a hearing at which respondent entered no defense, filed a presentment with this Court based upon a finding that, as charged, respondent had drawn four checks to his order in a…