Ex-Sky Capital CEO Tries To Discredit Fraud Trial Witness

Law360, New York (July 6, 2011, 3:31 PM EDT) -- A lawyer for former Sky Capital LLC CEO Ross Mandell on Wednesday sought to discredit a key government witness in a New York trial over an alleged $140 million investment fraud, accusing him of bribery.

Former Sky Capital broker Philip Akel, who helped gather evidence for the case against Mandell and associate Adam Harrington, told the former CEO's lawyer in federal court that he gave money to a friend for customer leads.

“You were paying him a bribe in cash?” asked Mandell's attorney, Jeffrey C. Hoffman...
To view the full article, register now.

Related

Sections

Case Information

Case Title

Related  Case: 


Case Number

1:09-cr-00662

Court

New York Southern

Nature of Suit

Date Filed

June 30, 2009

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.