Miami Exec Wants Conviction Tossed In $40M Investor Scheme

Law360, New York (July 26, 2013, 3:24 PM ET) -- A Miami Beach-area executive who was convicted on charges that he and a colleague conned investors in bankrupt manufacturing company InnoVida Holdings LLC out of $40 million urged a Florida federal judge Thursday to overturn his conviction, saying he was unaware of the scheme.

Craig Stanley Toll, who was convicted July 12 by a federal jury on charges including conspiracy and wire fraud, says the charges should be overturned because the government failed to prove that he schemed with the company's president, who pled guilty to...
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