The legal and real estate communities in Pennsylvania and New Jersey have seen a major disciplinary shift regarding James J. “Jim” Vassallo Jr. (PA Bar ID: 69270). A career involving high-value property settlements and title insurance concluded with a permanent removal from the bar following severe allegations of financial misconduct and criminal theft.
Effective December 23, 2025, the Supreme Court of Pennsylvania ordered that Vassallo be disbarred on consent, a status that becomes effective in January 2026. This follows his voluntary resignation from the bar while facing multiple disciplinary investigations.
The Core Misconduct: Real Estate Fraud Allegations
The downfall of James J. Vassallo Jr. was accelerated by a series of criminal and ethical investigations in 2025. Prosecutors in Chester County, Pennsylvania, and authorities in New Jersey highlighted a pattern of predatory behavior:
1. Theft by Deception
In early 2025, Vassallo was arrested and charged with stealing tens of thousands of dollars from clients during a home purchase in Downingtown, PA.
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Misappropriated Escrow: Prosecutors alleged that Vassallo took funds intended for a property purchase but failed to record the deed or pay the necessary taxes and fees.
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Ignoring Victims: The victims reportedly made dozens of attempts to contact Vassallo, who allegedly ignored their pleas while the funds vanished from his accounts.
2. Unauthorized Practice of Law
At the time of his 2025 arrest, Vassallo was already on suspended status. Despite this, he allegedly continued to present himself as an active attorney and title agent to facilitate real estate scams, a violation of both criminal law and professional ethics.
A Decadelong Disciplinary History
The final 2025 disbarment was the culmination of an “ethical gremlin” track record, as some legal watchdogs have described it. His official disciplinary record includes:
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2018: A period of suspension following ethical violations.
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2020 (Public Reprimand): Reprimanded for creating a false deed to cover up the fact that he had lost an original document, a clear instance of conduct involving fraud and misrepresentation.
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2025 (Criminal Charges): Arraigned on multiple counts of theft and misappropriation of entrusted property.
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December 2025 (Disbarment): Permanent removal from the Pennsylvania bar upon his own consent.
Professional Background and Firm Leadership
Prior to his legal troubles, Vassallo was a prominent figure in the regional title industry:
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Firm Leadership: He served as the president of Leader Settlement Services, LLC, which operated offices in Mullica Hill, NJ, and various Pennsylvania locations.
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Education: He earned his Juris Doctor from Widener University School of Law in 1993 and a business degree from Temple University.
Despite these credentials, his practice eventually became synonymous with knowing misappropriation, leading to a loss of license that is almost impossible to reverse.
Conclusion: A Final Measure of Public Protection
The disbarment of James J. Vassallo Jr. represents the ultimate sanction for an attorney. In the eyes of the court, the intentional theft of client funds—particularly from homebuyers—is an unforgivable breach of the lawyer’s oath. For the public, his removal ensures that he can no longer use his legal credentials to facilitate fraudulent real estate transactions.
