Ex-Mayer Brown Bigwig Convicted In Refco Fraud

Law360, New York (July 13, 2009, 12:00 AM EDT) -- After an acrimonious few days of jury deliberations, former Mayer Brown LLP partner Joseph P. Collins has been convicted of five counts for his alleged role in the massive fraud that brought one-time brokerage giant Refco Inc. to its knees.

Collins was found guilty Friday in the U.S. District Court for the Southern District of New York of one count of conspiracy and two counts each of securities fraud and wire fraud.

Collins, who is expected to be sentenced Nov. 3, could face up to five...
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