A federal jury has awarded $2.45 million to the bankruptcy estate of a man who is currently serving jail time for running a Ponzi scheme, finding that his accountants helped him to carry out the scheme, which affected a number of victims including several lawyers.
The seven-member jury late on March 18 found in favor of plaintiff Lynn E. Feldman, trustee for the bankruptcy estates of Ira Pressman and PJI Distribution Corp. The lawsuit against accounting firm Raggi & Weinstein and its individual partners arose from a Ponzi scheme.
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