Sky Founder Fails To Nix $140M Fraud Conviction

Law360, New York (November 3, 2011, 12:52 PM EDT) -- A New York federal judge on Wednesday refused to overturn the conviction of Sky Capital LLC founder Ross Mandell, who was found guilty in July of running a $140 million investment scheme.

U.S. District Judge Paul A. Crotty said he had no trouble seeing how the jury could convict Mandell based on the government's accusations and that the defendant's attempts to rationalize and explain his behavior did nothing to alter the truth — that he lied to investors to get their money.

Judge Crotty reached the...
To view the full article, register now.

Documents

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

Companies

Government Agencies

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.