Attorneys sentenced to decades in diet drug fraud
COVINGTON, Ky. — Two former attorneys have been sentenced to decades in federal prison and ordered to pay $127 million in restitution for defrauding hundreds of clients in a diet-drug settlement.
U.S. District Judge Danny Reeves also on Monday ordered 58-year-old William Gallion and 54-year-old Shirley Cunningham Jr. each to pay a $30 million forfeiture.
Gallion was sentenced to 25 years and Cunningham to 20.
The men were convicted of scamming clients out of $94.6 million while representing them in a case involving the diet drug fen-phen. They were found guilty in April of eight counts of wire fraud and one count of conspiracy to commit wire fraud.
Gallion and Cunningham also once owned 2007 Horse of the Year Curlin, further adding notoriety to the case.
Filed under Legal Proceedings, News | Tags: Covington, Drug-related Crime, fraud, Fraud And False Statements, Kentucky, North America, Settlement, United States | Comment Below
Related?
Lawyers found guilt for stealing settlement money of their clientsApril 6th, 2009 Two Kentucky lawyers William Gallion and Shirley Cunningham Jr. were found guilty of stealing from a $200 million fen-phen diet-drug injury-lawsuit settlement fund that was established for their clients.
Lawyer Dreier set to plead guilty to $700 million fraudMay 11th, 2009 Lawyer set to plead guilty to huge fraudNEW YORK — A prominent lawyer accused of defrauding hedge funds of at least $400 million is expected to plead guilty Monday to charges that carry a potential sentence of decades in prison. Attorney Gerald Shargel told U.S.
Prison asks judge to toss Nichols' prison food lawsuit for failure to make plausible claimJuly 28th, 2009 Prison asks judge to toss Nichols' suit over foodDENVER — Prison officials are asking a judge to toss out a lawsuit filed by Oklahoma City bombing conspirator Terry Nichols over prison food. Nichols has complained about the lack of whole grains and fresh food in the prison diet, and says it violates his religious beliefs
His lawsuit filed in March claims Jews and Muslims are provided with special food in prison, and so should he.
Class Action Lawsuit Filed Against Anna Nicole Smith and TrimSpa Inc. Over Diet DrugFebruary 7th, 2007 A class action lawsuit has been filed in Los Angeles Superior Court by Janet Luna and three people identified as her guardians against Anna Nicole Smith and TrimSpa Inc. alleging the company's marketing of a weight-loss pill is false or misleading.
Oklahoma City bombing conspirator Terry Nichols loses 1st round in lawsuit over prison foodApril 24th, 2009 Nichols loses 1st round in suit over prison foodDENVER — Oklahoma City bombing conspirator Terry Nichols has lost a round in his lawsuit seeking more whole grains and fresh food in his diet at a federal prison in Colorado. A federal judge in Denver on Thursday denied Nichols' request for a preliminary injunction.
Victims' lawyer visits Madoff in NC prison, hears apology and details of massive fraudJuly 29th, 2009 Victims' lawyer: 'Candid' Madoff explained fraudNEW YORK — A lawyer for victims of Bernard Madoff's Ponzi scheme says the financier told him during a 4 1/2-hour prison interview plenty of details about the fraud, including how it took place and how securities regulators missed catching him. The San Francisco lawyer, Joseph Cotchett, said he planned to use what he learned Tuesday to add defendants to a lawsuit to be filed in Manhattan this week on behalf of investors harmed by the multibillion-dollar scam.
Madoff gets 150 years for US's biggest financial fraudJune 29th, 2009 NEW YORK - Bernard Madoff, the mastermind of biggest financial fraud in American history, was sentenced Monday to 150 years in prison, the maximum sentence possible,
New York Judge Denny Chin said the 71-year-old Madoff's $65-billion financial fraud that affected hundreds investors around the world was "unprecedented in this century". His victims, nine of whom testified in the New York court ahead of the sentencing, called him a "beast" and "monster" and demanded the maximum punishment.
Colombia drug lord sentenced in NY to more than 31 years in prison after apologizingApril 22nd, 2009 Once-powerful Colombia drug lord sentencedNEW YORK — One of Colombia's once most feared drug lords has been sentenced to more than 31 years in prison after he apologized for his crimes. Federal Judge Richard Berman also ordered Diego Murillo to pay $4 million in fines as he sentenced him for conspiring to import cocaine into the United States.
