An attorney discipline board in Washington is recommending Daryl Hudson III, the head of a debt financing company in Washington and former counsel with the U.S. Securities and Exchange Commission, be disbarred over his wire fraud conviction.
The Board on Professional Responsibility earlier this month recommended disbarment. Hudson was convicted of a crime of "moral turpitude," the board said, warranting automatic disbarment—if the conviction survives appeal.
A federal jury in New Mexico found Hudson guilty of wire fraud in September 2012. Hudson is serving a 70-month sentence in prison. The District of Columbia Court of Appeals is not expected to rule on Hudson's status with the D.C. Bar until his appeal wraps up.