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: Bodily Injury BlogJury to Consider Financial Fraud Case
By Edward Bills
An attorney representing clients defrauded in a multimillion-dollar investment scam argued Monday that a Boston bank should have recognized misconduct by a former financial advisor who is currently serving 11 years in prison for money laundering and mail fraud. Plaintiffs are seeking damages against Sovereign Bank for breach of fiduciary duty in connection with the scam. The former advisor, Bradford C. Bleidt, admitted to defrauding 125 clients of $32.6 million from 2000 to 2004.
Full post as published by Bodily Injury Blog on December 24, 2008 (boomark / email).
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