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<\/figure>\n<\/div>\n\n\nThe court issued an order Thursday granting Penrod\u2019s petition without the ability to seek readmission to The Florida Bar. The disciplinary revocation is tantamount to disbarment and is permanent, the court wrote in its order.<\/p>\n\n\n\n
The revocation is effective 30 days from Thursday\u2019s order. That interval allows Penrod to \u201cclose out his practice and protect the interests of existing clients,\u201d the court wrote.<\/p>\n\n\n\n
Suppose Penrod notifies the court in writing that he is no longer practicing law and does not need the 30 days to protect existing clients. In that case, the Supreme Court will enter an order making the revocation effective immediately. The order prevents Penrod from accepting any new business.<\/p>\n\n\n\n
The order is not final until time expires for Penrod to file a motion for a rehearing, the order said.<\/p>\n\n\n\n
The Polk County Sheriff\u2019s Office\u00a0announced Penrod\u2019s arrest\u00a0in September on grand theft, a first-degree felony with a maximum penalty of up to 30 years in prison and a fine of $10,000. Sheriff Grady Judd said at the time that Penrod could face additional charges.<\/p>\n\n\n\n
Penrod, 47, was released Sept. 10 on house arrest conditions. He has entered a plea of not guilty.<\/p>\n\n\n\n
The founder and owner of Family Elder Law, Penrod was accused of stealing nearly $1.8 million from a client\u2019s trust fund. The offices of\u00a0Family Elder Law\u00a0in Lake Wales, Lakeland, and Sebring closed abruptly in July with no warning to clients.<\/p>\n\n\n\n
Penrod petitioned the Supreme Court in August for disciplinary revocation with the option of applying later for readmission. He later changed that petition to one not allowing readmission to The Florida Bar.<\/p>\n\n\n\n
The Florida Bar’s pending investigations of Penrod have been closed in light of his revocation, spokesperson Jennifer Krell Davis said Friday.<\/p>\n\n\n\n
Penrod faces a civil lawsuit from the grown children of a deceased Polk County man alleging that he diverted nearly $1.8 million from the client\u2019s trust fund into Penrod\u2019s personal account and then lost the money gambling at the Seminole Hard Rock Casino in Tampa.<\/p>\n\n\n\n
The lawsuit, filed on behalf of the son and daughter of David D. Anderson, says that Penrod admitted the theft and proposed a plan for gradually repaying the money. In a letter included with the complaint, purportedly written by Penrod, he described himself as \u201ca raging addict\u201d and \u201ca broken man.\u201d<\/p>\n\n\n\n
Penrod wrote that anxiety and depression, resulting from unresolved childhood trauma, led him to isolate himself and become a compulsive gambler.<\/p>\n\n\n\n
PCSO detectives confirmed that Penrod visited the Seminole Hard Rock Casino multiple times and lost more than $1.7 million gambling, Judd said. Copies of Penrod\u2019s bank records showed that he had wired more than $1.2 million to the Hard Rock and had withdrawn more than $24,000 from ATMs at the casino, PCSO said.<\/p>\n\n\n\n
Penrod, a Vanderbilt University Law School graduate, moved to Lake Wales in 2004. He formed Family Elder Law in 2013, with its main office in Lake Wales. The firm specializes in estate planning, asset protection, Medicaid and nursing home care, probate and estate administration, and special needs protection and planning.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Florida Supreme Court has granted Jason Penrod’s petition for disciplinary revocation. Penrod is a Lake Wales lawyer accused of stealing from clients. The court issued an order Thursday granting… <\/p>\n","protected":false},"author":2,"featured_media":52004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"14","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2,"attached_media":[{"id":52004,"url":"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2024\/11\/PENROD-JASON-A.webp","type":"image\/jpeg"}]},"_wpas_customize_per_network":false},"categories":[14],"tags":[10362],"class_list":["post-52003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-fl-supreme-court-orders-effectively-disbar-lake-wales-lawyer-accused-of-stealing-from-clients"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/52003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/comments?post=52003"}],"version-history":[{"count":1,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/52003\/revisions"}],"predecessor-version":[{"id":52005,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/52003\/revisions\/52005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/52004"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=52003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=52003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=52003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}