Law360, Boston (November 21, 2016, 5:21 PM EST) -- A former banker admitted in Massachusetts federal court Monday to a Ponzi scheme involving false or overstated loans to pro athletes, a week after her co-defendant, a former National Football League player, did the same.
Susan C. Daub pled guilty to conspiracy, two counts of wire fraud and money laundering in a 23-count indictment against her and former football player Will Allen. Prosecutors will recommend a sentence of four years and two months for Daub, below the recommended guideline of 78 to 97 months.
Daub told U.S. District Judge William Young that she was pleading guilty because she was guilty....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!