Posts Tagged asset recovery
Lance Armstrong Named In Whistleblower Suit
Posted by admin in Fraud Recovery on May 9, 2013
by Brian Mahany Almost 2 years ago, Floyd Landis filed a false claims act (whistleblower) suit against teammate Lance Armstrong. That complaint remained under seal for over two years while the government investigated. Several weeks ago, the government intervened and adopted the action against Armstrong. The government seeks return of some $17 million in sponsorship [...]
Ex San Diego Mayor Squanders $1 Billion But Too Ill To Stand Trial (Fraud Post)
Posted by admin in Fraud Recovery on April 20, 2013
by Brian Mahany Politicians can be greedy like anyone else. Unfortunately, society is filled with people who would rather steal, cheat and commit fraud… anything but a hard days work. Former San Diego Mayor, Maureen O’Connor, is a bit different. She inherited millions after her husband Robert Peterson died in 1994. (Peterson was the founder [...]
Success Trades Securities In Trouble? FINRA Says Yes (stockbroker fraud post)
Posted by admin in Fraud Recovery on April 14, 2013
by Brian Mahany Success Trades Securities has a great name. They also have the financial backing of many NFL and NBA players. Regulators say that some of these players invested in the company in exchange for a promised rate of return between 12 and 26%. Banking news source bank rate.com says the average interest rate [...]
In God We Trust, All Others Pay Cash
Posted by admin in Fraud Recovery on April 13, 2013
by Brian Mahany The headline in the Palm Beach Post says it all, “Ex Delray Beach Commissioner ‘Used God’s Name’ In Alleged $1.8 Million Ponzi Scheme.” Stories like this are far too common; fraudster’s using the Church or religious affiliations to steal from innocent victims. What makes this case so unusual is the age and [...]
Restitution Orders – Do They Have Any Value? Fraud Recovery Post
Posted by admin in Fraud Recovery on April 2, 2013
by Brian Mahany People ask why we frequently turn down “easy” cases. The answer is simple; there is more to winning than just winning in court and obtaining a judgment. On contingent fee cases (sometimes called “success” fees), neither the lawyer nor the client gets paid unless actual money is recovered. Suing someone already in [...]
Is this a type of white collar crime? – Bank Fraud Post
Posted by admin in Foreclosure Defense, Fraud Recovery on March 24, 2013
by Dwight Haskins [Ed. Note: The following post comes courtesy of Dwight Haskins and is published with permission. Dwight discusses the company hired to insure that the big banks were properly reviewing their mortgage loan files. His post is one of corporate incest and ineptitude.] Here is my nomination for what should be allowed to [...]
Victim Assaults Ponzi Scheme Promoter
Posted by admin in Fraud Recovery on March 20, 2013
by Brian Mahany Losing one’s life savings to a Ponzi scheme promoter would be devastating to anyone. We often see courtroom footage of victim’s families attacking defendants at sentencing hearings when emotions are the highest. Usually these assaults occur in connection with a homicide or sex crime. In Longwood, Florida it was the victim of [...]
Rich vs. Poor (Corporate Fraud Blog)
Posted by admin in Fraud Recovery, Legal Malpractice on March 17, 2013
by Brian Mahany As the Dow Jones industrial index pushes new highs and comes off the longest winning streak in 17 years, I paused to think today why our phones continue to ring off the hook with new fraud claims. When the markets and economy collapsed in 2007 & 2008, many Ponzi schemes were exposed. [...]
Mike Tyson Sues Investment Advisor – Celebrity Fraud Post
Posted by admin in Fraud Recovery on February 26, 2013
by Brian Mahany We have seen this headline far too many times, former star athlete or musician accuses agent or stockbroker of fraud. Although fraud occurs daily in our life, it makes headlines when a celebrity is the victim. Unfortunately, because of their celebrity status, many athletes, actors and musicians find themselves the target of [...]
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