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A Law Society of B.C. disciplinary panel has found a West Vancouver lawyer guilty of professional misconduct for flowing $26 million through his trust account.

In the face of an overheated real estate market and public concerns about foreign capital last year, the society cited Donald Gurney over his involvement in four questionable, three-year-old transactions.

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The panel found he ignored “a sea of red flags” and allowed $25,845,489.87 of offshore cash to pass through his trust account between May and November 2013.

He charged a tenth of one per cent of the amount given “the risk involved.”

But the panel did not find Gurney a credible witness, particularly when it came to what he knew and the calculation of his fees.

“He was evasive in that he would not answer questions put to him and was self-serving with regard to his knowledge of the Law Society accounting rules,” it said.