A 75-year-old Laguna Beach man was sentenced Monday to four years in federal prison for embezzling nearly $6 million while serving as the executor of wealthy clients’ estates.
David Robert McDonnell embezzled the funds through his Laguna Beach-based company, McDonnell Business Services, which managed client estates and distributed assets to heirs after a client’s death, prosecutors said.
Authorities reported that McDonnell embezzled $5,909,220.15 from four trusts between 2018 and January 2024…