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SEC Charges Top Lawyer With Fraud
White Collar Crime
Jonathan Bristol, a former partner at two of the largest and best U.S. law firms, was arraigned in a Manhattan federal court and charged with laundering over $20 million in connection with Kenneth Starr, the now convicted financial advisor to Hollywood celebrities. In 2008, Bristol became a partner at Winston & Strawn, a prominent New York law firm. He was guaranteed annual income of $1.35 million per year. Unfortunately, Bristol was unable to generate enough money so his pay was quickly reduced by more than 50% and bonuses were tied to performance. At the same time his pay was being cut, Bristol brought in a new client, Ken Starr. By then (summer of 2009), the SEC was investigating Starr. At least one of Starr's clients began to suspect wrongdoing. Bristol soon billed Starr over $1 million for legal work. Prosecutors say that Bristol knew by then that Starr was involved in illegal activity. Although every criminal defendant is entitled to legal representation, lawyers are not allowed to conspire with clients to help them commit their crimes. According to prosecutors, Bristol did more than conspire, he helped Starr launder tens of millions of dollars stolen from Starr's clients and in some instances, lied to those clients. Read More of This Article Brian Mahany is a partner at the Milwaukee, Wisconsin law firm of Mahany & Ertl, a full service boutique firm concentrating in asset recovery, fraud, tax representation and white-collar crime. Their asset protection lawyers help fraud victims get back their hard earned money anywhere in the U.S. Contact Brian Mahany at (414) 704-6731 or through his website, http://www.mahanyertl.com Source: http://www.submityourarticle.com Permalink: http://www.submityourarticle.com/a.php?a=136986 I built this successful website with SiteBuildIt!  |
