An Alhambra lawyer could lose his license for embezzling nearly $5 million and falsifying bank records.

According to the California State Bar, Evie Pei Jeang has entered a “no contest” plea in her embezzlement case, which is considered an “admission of guilt” and is based on a clause recommending her disbarment.

“Jeang's conduct has caused significant harm not only to the parties, including her client whose funds she misappropriated, but also to the court, which has had to expend significant resources with the parties to resolve the fraud committed by Jeang through her disregard of court orders and her false statements to the parties and the court,” lead trial counsel George Cardona said in a statement.

Jeang admitted that she “improperly managed” $4.8 million in a client trust account between September 2015 and May 2017, as required by an August 2015 court order.

“Instead of properly distributing the funds to both parties involved and paying capital gains taxes, attorneys' fees and other legally required expenses, she used a large portion of the funds for personal and other purposes, all unrelated to the divorce,” the California Bar Association said. “This included cash withdrawals of over $500,000 and credit card payments of over $240,000.”

“Subsequently, Jeang misled her client, the opposing party and the court for nearly five years about the status of the money and attempted to cover up the embezzlement by providing the opposing counsel and the court with forged bank documents to prove that she had left the funds in her account as required, even though she had already embezzled almost all of the money,” the bar association added.

Following a March 2022 court order requesting a new attorney for Jeang's client, Jeang's bank transferred nearly $2 million from its trust account to the new attorney, and a week after receiving the funds, the new attorney filed a complaint with the bar when he learned of Jeang's false claims that $3.9 million was in the trust account.

The parties are still owed nearly $2.5 million, the bar association found.

Jeang's recommendation for disbarment will now be submitted to the California Supreme Court for a final decision.