Tom Girardi, found guilty of embezzling more than $15 million from law firm clients

Published: Aug 27, 2024 Duration: 00:01:57 Category: People & Blogs

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Erica Jane's strange husband Tom gerardi found guilty of embezzling more than $15 million from Law Firm clients drop the news it's buzt toown times Tom gerardi has been found guilty of embezzling more than $15 million from clients of his now defunk Law Firm gerardi ke after less than a full day of deliberations a federal jury presented its verdict at a downtown Los Angeles courthouse Tuesday the former attorney and estranged husband of Real Housewives of Beverly Hills start Erica Jane was found guilty on all four counts of wire fraud which each carry a maximum sentence of 20 years in prison he will be sentenced in December gerardi was disbarred in July 2022 and indicted the following February during the 13-day trial Federal prosecutors told the jury that the once revered California lawyer ran a decade long Ponzi scheme by stealing and misappropriating tens of millions of dollars of his client settlements they said gerardi 85 would use the money to pay back other clients and fund a luxurious life for himself in Jane 53 his Federal public defenders however insisted that the firm's former Chief Financial Officer and Gerard's codefendant Chris Kaman was to blame for the missing and misappropriated money they claimed gerardi who was diagnosed with late onset Alzheimer's disease and dementia in March 2021 was incompetent and used as a pawn however gerardi was found fit to stand trial and took the stand last week to deny any wrongdoing the last thing I would do would be to take someone's money he testified I wouldn't think of it gerardi insisted he didn't intentionally ever tell anyone the wrong thing and claimed Kaman was very clever in stealing millions of dollars he also repeated several times during his testimony that he never gave himself a salary gerardi faces another trial on federal fraud charges in Chicago in March 2025 follow buzztone times because we keep you updated

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