Ex-Lancer Exec Loses Bid To Nix $200M Fraud Case

Law360, New York (January 26, 2011, 7:48 PM EST) -- A federal judge Wednesday denied a bid by former Lancer Group fund manager Michael Lauer to throw out an indictment linking him to a $200 million investment scam.

Judge Adalberto Jordan of the U.S. District Court for the Southern District of Florida ruled that the seven-count indictment filed against Lauer in 2008 was not barred by a five-year statute of limitations, despite the defendant's contention that the conspiracy ostensibly ended when his co-defendants became confidential informants for the U.S. Securities and Exchange Commission in 2003....
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Case Information

Case Title

USA v. Lauer et al


Case Number

1:08-cr-20071

Court

Florida Southern

Nature of Suit

Date Filed

January 29, 2008

Government Agencies

UK Financial Services

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