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: Law Blog - WSJ.com

Joseph Collins, Former Refco Lawyer, Gets Seven Years in Prison

By Ashby Jones

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collinsThis just in: Joseph Collins, the former Mayer Brown lawyer who served as outside counsel to collapsed hedge fund Refco was earlier Thursday sentenced to seven years in prison.

In July of last year, Collins was convicted on five counts of fraud and conspiracy. Prosecutors had accused the former Mayer Brown partner of having knowledge of the Refco scam that cost investors $2.4 billion. (For previous LB coverage of Collins click here, here, here, and here.) A mistrial was declared on nine other counts.

We’ll link to a news story on Collins’s sentence when one becomes available.


Full post as published by Law Blog - WSJ.com on January 14, 2010 (boomark / email).

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