Recent and Notable Criminal Matters

The BPA Case charged eight individuals, including the former Deputy Nassau County Executive with bribery, money laundering and tax fraud before the Federal Court in Central Islip. Our client, a prominent CPA in the Long Island business community, was acquitted of seven of the eight counts, including charges of money-laundering and tax fraud. The United States Supreme Court reversed the sole conviction, and the indictment was dismissed. The case ended a fiercely fought battle that lasted six years before the client's vindication.

The Stock Fraud Case charged that our client had manipulated small-cap stocks by dominating the market with the cooperation of other NASD firms. After a hard fought trial before the Federal Court in New York City, the client was found guilty, and received a sentence of 57 months imprisonment.

The Cooking-the-Books Case alleged that our client had "jacked-up" monthly production records for a public company that provided processing services for banks. Banks outsourced the job of processing checks through the Federal Reserve System. After a hard fought trial before a jury in the Federal Court in Manhattan, the client was found guilty, and sentenced to serve 37 months imprisonment.