Judge Rips Alleged $16M Ponzi Schemer’s Dismissal Bid

Law360, New York (January 23, 2012, 7:47 PM EST) -- A Georgia federal judge on Monday denied as "frivolous" an accused $15.8 million Ponzi schemer’s motion to dismiss a fraud suit against him because his name had been spelled in all capital letters in the complaint.

Eldon A. Gresham Jr., who is representing himself, submitted a handwritten motion to dismiss on Dec. 29, claiming the U.S. Commodity Futures Trading Commission's spelling of his name meant he had been wrongly considered a corporation, not an individual.

“If you spell the defendant's name in all capital letters, then...
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Case Title

U.S. Commodity Futures Trading Commission v. Gresham et al


Case Number

3:09-cv-00075

Court

Georgia Northern

Nature of Suit

Securities/Commodities

Judge

Thomas W. Thrash, Jr

Date Filed

July 2, 2009

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