Judge Bars Defenses In Real Estate Fraud Suit

Law360, New York (April 27, 2011, 11:06 PM EDT) -- A California federal judge on Wednesday barred a real estate tycoon and his co-defendant accused of using $23 million held in clients' tax deferral accounts to prop up a faltering company from relying on two defenses to which prosecutors had objected.

Real estate mogul Ezri Namvar and Hamid Tabatabai, controller of a company that held proceeds from real estate transactions, had sought to tell jurors that they intended to repay alleged victims and that not all clients were defrauded. But U.S. District Judge Percy Anderson indicated...
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Case Information

Case Title

USA v. Namvar et al


Case Number

2:10-cr-01055

Court

California Central

Nature of Suit

Date Filed

September 21, 2010

Law Firms

Government Agencies

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