The U.S. Securities and Exchange Commission has filed suit against a Dunwoody attorney who lost a bid for a DeKalb County Superior Court judgeship last fall, claiming that he and the company that he controlled, Four Five LLC, operated a fraudulent prime bank scheme in violation of federal securities laws.
According to the SEC, Dunwoody attorney Michael L. Rothenberg transferred at least $210,000 that he secured from investors into a bank account he had designated for contributions to his judicial election campaign. Rothenberg used another $190,000 in investors’ funds for personal expenses, according to the SEC.
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