Michael was appointed by Judge Mahan to serve as counsel to the federal equitable receiver assisting the receiver in the recovery of well over $30 million on behalf of defrauded investors who were defrauded in complex securities fraud scheme.
According to the federal prosecutors handling the criminal case, this Ponzi scheme was “‘one of
Michael was appointed by Judge Mahan to serve as counsel to the federal equitable receiver assisting the receiver in the recovery of well over $30 million on behalf of defrauded investors who were defrauded in complex securities fraud scheme.
According to the federal prosecutors handling the criminal case, this Ponzi scheme was “‘one of the most egregious financial crimes in U.S. history,’ ranking it among other multibillion dollar crimes, including that of Bernie Madoff, who was sentenced to 150 years behind bars 10 years ago.’”[1]
[1] David Ferrara, “Ex-Las Vegas businessman gets 50 years in $1.5B ‘Ponzi scheme’”, Las Vegas Review-Journal, May 23, 2019, available at https://www.reviewjournal.com/crime/courts/ex-las-vegas-businessman-gets-50-years-in-1-5b-ponzi-scheme-1670888/ (last visited September 11, 2020).
Michael obtained judgment at the conclusion of a 4-day civil trial, obtaining 57 findings of fact and conclusions of law in favor of client by proving fraud, alter-ego, civil conspiracy, misrepresentation, and conversion against the borrower and his related entity.
The judgment included a judgment for conspiracy against an escrow officer
Michael obtained judgment at the conclusion of a 4-day civil trial, obtaining 57 findings of fact and conclusions of law in favor of client by proving fraud, alter-ego, civil conspiracy, misrepresentation, and conversion against the borrower and his related entity.
The judgment included a judgment for conspiracy against an escrow officer who was proved to have participated in the scheme to defraud.
Michael and Geraldine Pivar vs. King David, River of Jewels, LLC, Simon S. Abraham, Southwest Title Company, and Dale E. Puhl, Eighth Judicial District Court, State of Nevada, Case No. A491509.
Successfully first-chaired a trial in the United States Bankruptcy Court for the District of Nevada by proving debtor intentionally defrauded client by making promises to repay while never intending to do so. Obtained judgment for client that debt was non-dischargeable in bankruptcy as fraud under 11 U.S.C. 523(a)(2)(A). Saliola vs. Guizar-Alvarez, Adv. Proc. No. 11-01044-1br.
Successfully administered, directed, and/or oversaw over 20 receiverships in the past 3 years on behalf of lenders and receivers involving commercial retail and multi-family assets valued at well over $100 million.
Copyright © 2022 Lynch Law Practice PLLC - All Rights Reserved.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.