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Fraudtrial

All articles tagged with #fraudtrial

politics2 years ago•2 min saved

New York AG Pursues $370M Fine, Real Estate Ban for Trump in Fraud Case

New York Attorney General Letitia James is seeking to bar former President Donald Trump from the New York real estate industry and fine him and other defendants $370 million for alleged fraudulent practices. The state's legal team claims Trump inflated asset values to secure favorable loan and insurance terms, a charge Trump's lawyers deny as "unconscionable" and unsupported. The case, which has already seen Trump and his adult sons found liable for fraud, is awaiting a final ruling after closing arguments scheduled for January 11.

via CBS News|

##fraudtrial #letitiajames

legalcrime2 years ago•1 min saved

"Disgraced Attorney Tom Girardi to Stand Trial, Declared Competent by Court"

Tom Girardi, the estranged husband of 'RHOBH' star Erika Jayne, has been declared competent to stand trial for allegedly embezzling millions from clients. Facing multiple counts of wire fraud, Girardi could receive up to 20 years in prison for each count. The indictment accuses Girardi and his law firm's accountant of a decade-long scheme to defraud clients, which has been highlighted in the Hulu documentary "The Housewife and the Hustler." The case is particularly notable as Girardi was the attorney in the famous case against Pacific Gas & Electric, which was depicted in the film "Erin Brockovich."

via Yahoo Entertainment|

##erikajayne #fraudtrial

legalcrime2 years ago•1 min saved

"Disgraced Attorney Tom Girardi Confirmed Competent for Trial Amid Legal Scandal"

Tom Girardi, the estranged husband of 'RHOBH' star Erika Jayne, has been declared competent to stand trial for allegedly embezzling millions from clients. Facing multiple counts of wire fraud, which could result in a 20-year prison sentence per count, Girardi and his firm's accountant are accused of a decade-long scheme involving over $15 million. The case has previously been highlighted in the documentary "The Housewife and the Hustler."

via Deadline|

##erikajayne #fraudtrial

politicslegal2 years ago•3 min saved

"Trump's Challenging January: Court Dates Clash with 2024 Primaries"

Former President Donald Trump is facing a tumultuous start to the New Year with a series of legal battles that could impact his 2024 presidential campaign. He is currently leading the Republican nomination race despite a civil fraud trial and a defamation trial set to begin in January. Trump also faces four criminal trials, including charges related to the 2020 election and mishandling classified documents. Additionally, his eligibility to appear on state primary ballots is being challenged in multiple states under the insurrection clause of the Constitution. Despite these challenges, Trump maintains a strong lead in GOP polls and is also polling well against President Joe Biden for a potential 2020 rematch.

via Newsweek|

##2024election #defamationcase

legalfinance2 years ago•3 min saved

"Prosecutors Drop Second Trial Plans for FTX Founder Bankman-Fried"

Sam Bankman-Fried, the former CEO of the bankrupt FTX cryptocurrency exchange, will not face a second trial on charges including campaign finance violations, despite being convicted of fraud and conspiracy. Prosecutors have decided that the public interest in a swift resolution and the evidence already presented at the first trial, which can be considered during sentencing, outweigh the need for a second trial. Bankman-Fried, who has been convicted on all seven counts he faced, could spend decades in prison and is expected to appeal his conviction. The sentencing is set for March 28, where issues of forfeiture and restitution for victims will be addressed.

via Daily Mail|

##campaignfinanceviolations #cryptocurrency

legalfinance2 years ago•2 min saved

"Prosecutors Drop Second Trial Against Crypto Mogul Sam Bankman-Fried Amid Controversy"

U.S. prosecutors have decided not to pursue a second trial against Sam Bankman-Fried, the founder of the now-bankrupt FTX cryptocurrency exchange, who was convicted on all seven counts of fraud and conspiracy last month. The decision was made in the interest of a prompt resolution and because a second trial would not impact the sentencing, which is set for March 28, 2024. Bankman-Fried, who could face decades in prison, is expected to appeal his conviction. The additional charges, including campaign finance violations and conspiracy to operate an unlicensed money transmitting business, will not be pursued at this time, partly because the evidence was largely presented during the first trial.

via Yahoo! Voices|

##cryptocurrency #fraudtrial