On January 12, 2007, the Board of Disciplinary Appeals signed a judgment of disbarment against Austin attorney W. Allan Craig III, 64, Texas Bar Card No. 04986600. On or about September 19, 2006 Craig pled guilty to conspiracy to commit mail fraud, wire fraud and bank fraud in violation of 18 U.S.C. §1349 and 2, Intentional Crimes as defined in the Texas Rules of Disciplinary Procedure in Cause No. A-04-CR-180(8)-LY, styled, United States of America v. William Allan Craig III, United States District Court, Western District of Texas, Austin Division. Craig was sentenced to 18 months in the federal penitentiary to be followed by five years of supervised release. He was also ordered to pay an assessment in the amount of $100 and restitution in the amount of $3,451,805.02. Mr. Craig did not answer or appear in this disciplinary proceeding.