Ex-Gryphon Rep Seeks Light Sentence In $20M Fraud Case

Law360, New York (August 10, 2011, 7:49 PM EDT) -- The attorney for a former sales representative for Gryphon Holdings Inc. on Tuesday asked a New York federal judge to show leniency, arguing that his client was not primarily responsible for an alleged $20 million fraudulent investment advisory scheme and deserved a lighter sentence.

In a letter to U.S. District Judge Jack B. Weinstein, Michael P. Padden of the Federal Defenders of New York Inc. argued that because the defendant, Baldwin Anderson, did not have a supervisory role in the alleged Gryphon fraud, and because there...
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