Get the latest gossip

Erica Jayne's ex Tom Girardi ran a 'massive Ponzi scheme' to defraud clients out of millions, prosecutor tells LA court in Real Housewives' 'trial of the century'


Disgraced lawyer Tom Girardi was accused in court on Monday of running 'a massive Ponzi scheme' to defraud clients out of millions of dollars.

Disgraced lawyer Tom Girardi ran ‘a massive Ponzi scheme’ to defraud clients out of millions of dollars, a prosecutor told jurors Monday on the final day of the now-disbarred attorney’s nearly three-week trial at Federal court in Los Angeles. The one-time super lawyer - looking tired and somber Monday and wearing a blue and white striped shirt, khaki pants and the same rumpled gray jacket he’s worn for much of the trial - built the powerful law firm, Girardi Keese, after his fight against a California utility giant inspired the Oscar-winning movie Erin Brockovich. In rebuttal of the Girardi defense closing argument, Assistant U.S. Attorney Scott Paetty said the case is ‘a simple and sad story of trust violated and greed’ in which the once exalted lawyer ‘was buying private jets (he had two worth a total of $12 million) while his clients weren’t getting paid.

Get the Android app

Or read this on Daily Mail

Read more on:

Photo of Ponzi

Ponzi

Photo of Erica Jayne

Erica Jayne

Photo of Real Housewives

Real Housewives

Related news:

News photo

Erika Jayne's Ex Tom Girardi Breaks Silence On Witness Stand -- DENIES Stealing Clients' Money In Tense Standoff With Prosecutor!

News photo

I fear my maid was plotting to kidnap my boy and hold him for ransom with group of men, reveals Real Housewives star

News photo

Teresa Giudice was NOT asked to leave Real Housewives Of New Jersey amid show's potential 'reboot' and cast tensions