Sky Capital Defendants Are 'Family Of Criminals': US

Law360, New York (July 20, 2011, 6:55 PM EDT) -- Federal prosecutors told a New York jury during closing arguments Wednesday that Sky Capital LLC founder Ross Mandell masterminded a massive securities fraud scheme and broker Adam Harrington was his "golden boy," but Harrington's lawyer said the evidence was weak.

"Ross Mandell and Adam Harrington scammed investors with lies," Assistant U.S. Attorney Katherine Goldstein told the jury. "The defendants committed their crimes for one reason: money."

The remarks came as the four-week trial of self-described Wall Street "bad boy" Mandell and his "golden goose," Harrington, nears...
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