In re Hackney

On June 25, 1999, respondent James Y. Hackney was convicted in federal court of four counts of wire fraud in violation of 18 U.S.C. § 1343. The indictment indicates that respondent knowingly defrauded investors by urging them to invest in certain ventures in South Africa, collecting monies for that purpose, and then spending the monies on himself rather than investing them.

On December 13,1999, this court temporarily suspended respondent pursuant to D.C. Bar R. XI, § 10(c). We directed the Board on Professional Responsibility to institute a formal proceeding to determine the nature of the…