Brooks Loses Bid To Block Forfeiture Of Some Assets

Law360, New York (October 25, 2010, 2:07 PM EDT) -- A federal judge has refused to preclude the criminal forfeiture of a number of bank accounts, stocks and Krugerrands belonging to convicted fraudster David Brooks, former CEO of body armor maker DHB Industries Inc., but has reserved judgment on a number of other items.

Judge Joanna Seybert of the U.S. District Court for the Eastern District of New York on Friday rejected Brooks' argument that many of the items up for forfeiture, including the stock and bank accounts, are too commingled with funds that were untainted...
To view the full article, register now.