Business litigation news: South Dakota Ponzi victims recover $42 million judgement!
Legal news for Florida business litigation lawyers. South Dakota federal judge issues $42 million default judgment in Ponzi scheme. West Palm Beach, FL–On Thursday, a South Dakota federal court judge issued a $42 million default judgment in favor of 199 plaintiffs. The lawsuit was filed against, Jeff Lowrence, the currency trader who has failed to […]
Texas billionaire arraigned-Ponzi scheme!
Stanford arraigned in federal court on $7 billion Ponzi scheme fraud allegations. Houston, TX(JusticeNewsFlash.com)—Houston-based Stanford Financial Group’s (SFG) former financier, R. Allen Stanford and participating conspirators were arraigned Friday June 19, 2009 for their alleged involvement in a $7 billion investment fraud scandal. The U.S. Securities and Exchange Commission (SEC) http://www.sec.gov reportedly referred to the […]
New York Attorney General sues Gabriel Capital citing $2.4 billion fraud
New York AG, Cuomo, files $2.4 billion securities fraud suit naming Ezra Merkin. New York, NY (JusticeNewsFlash.com)–New York Attorney General Andrew Cuomo filed a lawsuit on Wednesday in New York state Supreme Court in Manhattan naming financier Ezra Merkin and his Gabriel Capital Corporation. Court documents claim Merkin secretly placed $2.4 billion, of Gabriel Capital […]
New York lawsuit claims Bank of America aided $380 million Ponzi scheme!
Recent lawsuit claims Bank of America set up branch in Long Island office for $380 million fraud. New York, NY (JusticeNewsFlash.com)–A lawsuit, filed in Federal District Court in Brooklyn, New York on Thursday, alleges Bank of America set up a branch in the Long Island office of Agape Merchant Advance. The investment firm is owned […]
SEC claims Stanford committed $8 billion Ponzi scheme!
Houston judge orders $300,000 bond for Holt and lawyers add charges in Dallas court. JusticeNewsFlash.com news by Dallas Business Litigation Lawyers Dallas, TX (JusticeNewsFlash.com)–Attorneys for the U.S. Securities and Exchange Commission (SEC) www.sec.gov charged Texas billionaire, Sir Allen Stanford, his college roommate, and three of their companies in a Dallas federal court on Friday. The […]
Florida hedge fund manager – New York court issues warrant
U.S. Court in New York demands jailed Florida hedge fund manger to face charges. West Palm Beach, FL (JusticeNewsFlash.com)–Reuters reported today, Arthur Nadel, the Sarasota, Florida hedge fund manager jailed last week on a possible multi-million dollar investor fraud allegation is to be extradited to New York. Nadel, an investment adviser based in Sarasota, managed […]
Judge denies Florida hedge fund manager bail
West Palm Beach, FL (JusticeNewsFlash.com)–Breaking News: Arthur Nadel surrendered to authorities this past week and was denied bail by a U.S. court judge on Friday. Nadel disappeared on January 14, 2009 amidst accusations of securities fraud and wire fraud charges from U.S. Federal regulators. Apparently, the 76 year-old hedge fund manager stole from investors. Nadel […]
Madoff fund manager found dead at his Madison Avenue office in New York
Madoff fund investor was found dead in his New York City financial office. CEO of Access International Advisors invested $1.4 billion with Madoff. December 23 2008, West Palm Beach, FL (JusticeNewsFlash.com)–Justice securities fraud news reporters and Palm Beach County securities fraud lawyers have just learned Thierry Magon de La Villehuchet, 65, was found dead. According […]
Madoff: Dangerous Cocktail Talk in Palm Beach – Attorney at law, Gary W. Roberts, Esq
Reckless cocktail party speech will no longer be countenanced in Palm Beach, as long as it deals with past referrals of wealthy investors to Ponzi scheme perfectionist, Bernard Madoff, stated Gary W. Roberts, Esq, an experienced Palm Beach trial attorney whose Florida litigation practice includes civil and criminal allegations and proofs of fraud and other […]