Fraudster's Wife Agrees To Release $20M In Assets

By Nick Malinowski

Law360, New York (March 01, 2010, 5:39 PM ET) -- The wife of Mark Bloom, a relief defendant in litigation stemming from her husband's $20 million investment and tax fraud scheme, has agreed to a consent judgment that will free her from further claims against her property by the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.

Lauren Bloom signed off on a stipulation submitted for the judge's approval Friday by the CFTC in the U.S. District Court for the Southern District of New York. In the pact Bloom agreed not to contest...
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