Hedge Fund Manager Convicted Of Lying To Former Professional Liar Anthony Scaramucci Gets New Trial Because Prosecutors Got All Caught Up In The Lying
This is not the kind of thing judges like to learn about after the fact.
Here’s the thing: It’s not a great idea to lie to a judge. Even if you really didn’t mean to, and likewise didn’t maliciously intend to withhold evidence from the defense, and even if it all didn’t really matter to the outcome, and even if the defendants were on trial for the near-capital offense of ripping off Anthony Scaramucci, and even if that august personage made his bones faking it ‘til he made it (and telling the occasional untruth himself), you shouldn’t, because judges really, really do not like being lied to. And you’d really better think awfully hard before it happens again, because next time, she’s not going to let you off as easily as simply ordering a new trial.
A hedge fund executive convicted of fraud should get a new trial because prosecutors withheld evidence that cold have helped him, a Manhattan federal judge ruled Friday, delivering a scathing rebuke to prosecutors for giving “misleading and flat-out incorrect” answers about what they had.
U.S. District Judge Katherine Polk Failla, who presided at the criminal trial, said Anilesh Ahuja and trader Jeremy Shor, stopped short of dismissing the charges Friday, saying that errors made by the government -- while “unacceptable” -- were not severe enough to warrant throwing out the case.
SDNY Judge Says Feds Misled Her In Hedge Fund Case [Law360]
Premium Point Employees Should Get New Trial, Judge Says [Bloomberg Law]
For more of the latest in litigation, regulation, deals and financial services trends, sign up for Finance Docket, a partnership between Breaking Media publications Above the Law and Dealbreaker.
Tagsterms:Neil AhujaLying Liars And The Lies They TellProsecutorsPremium Point InvestmentsfraudHedge FundsJeremy ShorKatherine Polk FaillaBy Jon ShazarSure, the final version was way more damning to the hedge fund managers it helped send to jail, but, like, pretty please?
Hedge FundsMan Gets Three-And-A-Half Years For Screwing The MoochAmong others.
Hedge FundsGeoffrey Berman Sure Was Bad At Turning Over Exculpatory EvidenceLuckily for (at least) one convicted hedge fund fraudster.
Hedge FundsFormer Hedge Fund Manager Self-Fulfills Prison ProphecyDan Kamensky may go from predicting jailtime to getting it in less than a year.
Hedge FundsEx-Hedge Fund Manager Better Hope The Next Judge He Sees Doesn’t Think He’s A Thief And A LiarBecause that judge will be the one fulfilling his prophecy about going to jail.
Hedge FundsWakes And Funerals Apparently Great Places To Recruit Victims Of Hedge Fund ScamsDean Mustaphalli knows what we’re talking about.
Hedge FundsHighland Capital Not Alone In Not Having To Pay Huge Judgments Against ItAlas, the former hedge fund’s not going to like this one as much as the others.
Hedge FundsHere’s A Thing You Probably Shouldn’t Do When Standing TrialEspecially if you’ve got a reputation for intimidation, like Platinum Partners’ Mark Nordlicht.
© 2021 Breaking Media Inc.ES by OMG
Euro-Savings.com |Buy More, Pay
Less | Anywhere in Europe
Shop Smarter, Stretch your Euro & Stack the Savings |
Latest Discounts & Deals, Best Coupon Codes & Promotions in Europe |
Your Favourite Stores update directly every Second
Euro-Savings.com or ES lets you buy more and pay less anywhere in Europe. Shop Smarter on ES Today. Sign-up to receive Latest Discounts, Deals, Coupon Codes & Promotions. With Direct Brand Updates every second, ES is Every Shopper’s Dream come true! Stretch your dollar now with ES. Start saving today!
Originally posted on: https://dealbreaker.com/2021/12/new-premium-point-trial-ordered