Philly Businessman Seeks Leniency Over Investment Fraud

Law360, New York (October 11, 2013, 7:23 PM EDT) -- A Philadelphia businessman convicted of teaming up with a New Jersey attorney on investment schemes that bankrolled a Sean "Diddy" Combs performance asked a New York federal court Friday for a sentence below the applicable guidelines based on his community work and other factors.

A jury in February found Tyrone Gilliams Jr. and attorney Everette L. Scott Jr. of Elam & Scott LLP guilty on charges of securities and wire fraud. Last month, Scott was sentenced in New York federal court to 30 months in prison,...
To view the full article, register now.