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Tag Archives: Fraud

Jury finds lender liable for civil fraud and tortious interference – $75,668 Verdict (access required)

Quantum Money LLC was formed in 2009 by a novice real estate investor. The plaintiff identified an attractive investment property and applied for financing through Equity Development Corporation, which at the time was engaged in the business of “hard money” ...

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Navy vets fund raiser captured by feds

The elusive “Bobby Thompson,” who allegedly used that fictitious identity to run a fraudulent Navy veterans support group that collected millions in donations, has been captured in Oregon, authorities say. A news release from the U.S. Marshal Service said “Thompson,” ...

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Man posed as clinical psychologist in child sex abuse case – $15,400,000 Verdict (access required)

The sexual abuse victim was 13 to 14 years old at the time of the sexual abuse against him by his 47-year-old “counselor,” James W. Davis, who was posing as a clinical psychologist. On two occasions during the course of ...

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The faces of law firm financial impropriety (access required)

Financial fraud should, in theory, never be a concern for a law firm, where ethical considerations must predominate. After all, Rule of Professional Conduct 8.4 states clearly that “[i]t is professional misconduct for a lawyer to … commit a criminal ...

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Eight-figure fraud verdict returned in Bonn bonds case – $96,400,000 Verdict (access required)

An Alexandria federal jury returned a verdict on Oct. 27, 2011 of $96,400,000 in favor of Honua Investment Management, Inc. and its bondholders who were defrauded by Man Ki Kim, a McLean businessman. The case was tried over a period ...

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