NY Jury Quick To Convict Marketing Pro In Snack Food Fraud

Law360, New York (August 13, 2019, 6:06 PM EDT) -- A Manhattan jury needed a mere 90 minutes Tuesday to find a marketing professional guilty of helping a California woman steal $2.8 million from snack and pet food investors, with prosecutors pointing to an "avalanche" of forgeries he created.

The jury of eight women and four men wasted no time convicting Joel Margulies, 74, on counts of securities and wire fraud, conspiracy, identity theft and illegally transporting a gun after a trial before U.S. District Judge Jed S. Rakoff that opened Aug. 5.

Judge Rakoff set a Dec. 16 sentencing date for Margulies, who must also resolve a drug charge that...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS