Sep 27, 2013 6:56 PM by Matthew Schwartz
James Murphy came to court in shame, a once prominent Tucsonan facing sentencing for stealing $100,000 from a charity. Roz Parkman came to court seeking justice for her late mother.
The News 4 Tucson Investigators first broke this story last month. Sixty-eight year old James Murphy was a Vice-President and financial advisor at Morgan Stanley. He handled the money for the Elizabeth Ann Parkman foundation, a non-profit started by Roz' mother that gave millions to countless groups.
Murphy had previously pleaded guilty to stealing from the foundation. Agents from the Arizona Attorney General's office raided his Foothills home in April, seizing dozens of expensive items, including two vintage cars and four boarding passes from a luxury cruise.
Ms. Parkman told Pima County Superior Court Judge Richard Nichols, "What an outage, your honor, what a breach of loyalty over so many years."
Murphy issued a brief apology before he was sentenced. He said, "I'm very remorseful I did it and I'm extremely sorry that I did it."
Murphy avoided jail time, as part of a plea deal. He showed no emotion when Judge Nichols read the sentence: two and a half years probation, ordered to pay full restitution of $115,000, fined $46,000 and ordered to perform 1,000 hours of community service. He paid both the full restitution and the entire fine today.
Murphy resigned months ago from Morgan Stanley, and voluntarily gave up his financial advisor's license. The prosecutor told us that the Attorney General's office does not believe that Murphy stole from any other accounts he handled.
Roz Parkman said she thinks it's better that Murphy isn't going to jail. She told the News 4 Tucson Investigators, "Hiding in a protective cell might not have been the best thing. There is an amount of shaming and shunning that will be happening for the rest of his time here."
Murphy's own lawyer, Skip Donau, said in court that Murphy "Will be known for this last bad act."