Timber Scam Case Built On Falsities, Baker Donelson Says

Law360 (June 21, 2021, 3:56 PM EDT) -- A receiver for a multimillion-dollar timber business Ponzi scheme exaggerates the scam's impact on victims and unfairly blames Baker Donelson for the actions of an "unaffiliated" investment fund headed by two law firm employees, the firm recently told a Mississippi federal judge.

Putting distance between itself and a duo tied to the firm who are facing criminal fraud charges, Baker Donelson Bearman Caldwell & Berkowitz PC argued Friday in an answer to the receiver's complaint that it never represented Arthur Lamar Adams, the now-imprisoned timber executive who spearheaded the scam.

The firm also said it never made a dime off a...

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