Tom gerardi has been found guilty on all four counts of wire fraud after a several weeklong trial on Tuesday August 27th a Los Angeles Federal Court reached a verdict declaring the once renowned attorney guilty of embezzling more than $15 million from his clients the guilty verdict comes after gerardi the estranged husband of the Real Housewives of Beverly Hill star Erica Jane was accused of running a 10-year Ponzi scheme in which his clients were defrauded of millions of dollars in settlement funds throughout the intense trial prosecutors alleged the disgraced lawyer stole the money and used it to little lavish lifestyle claiming gerardi spent the fraudulent cash on private jets expensive jewelry of Pasadena California mansion and simply splurging in order to keep up with Jane's Celebrity Status more to come