In re JAMES W. DEMIK

On January 24, 2008, the Board of Disciplinary Appeals signed a judgment of disbarment against Dallas attorney James W. Demik, 69, State Bar of Texas Card No. 05654500. On or about October 13, 2005, a judgment was signed against Demik finding him guilty of conspiracy to commit offenses against the United States in violation of 18 U.S.C. §371 [18 U.S.C. §1344(2)] (count 1); bank fraud and aiding and abetting in violation of 18 U.S.C. §1344(2) & 2 (count2); and money laundering and aiding and abetting in violation of 18 U.S.C. §§1956(a)(1)(B)(i) & 2 (counts 3-10), Intentional Crimes as defined in the Texas Rules of Disciplinary Procedure in Cause No. 3:04-CR-289-H(01) styled, United States of America v. James Demik, in the United States District Court, Northern District of Texas, Dallas Division. Demik was sentenced to 60 months in prison for each count, with the sentences to run concurrently. He was also ordered to pay restitution in the amount of $8,884,253.00 and an assessment in the amount of $1,000.00. Demik did not answer the petition for compulsory discipline or appear at the hearing.