Street Patrol
Convicted Securities Attorney Reportedly Hiding His Loot
- 9/3/2010 9:02:24 AM
David Gordon, a securities attorney facing a potential life sentence for his role in a massive pump-and-dump case, has been accused of stashing away his illicit gains in offshore bank accounts, StockWatch reported. According to government prosecutors, StockWatch said, Gordon wired money to his alleged co-conspirators – including a fugitive in the case – who control secret banking accounts in Canada, the Bahamas and the Turks and Caicos Islands. Prosecutors are seeking to derail Gordon’s efforts to regain his freedom while he appeals his recent conviction, StockWatch said, by portraying him as a potential fugitive himself. Gordon could be staring at the equivalent of a life sentence, StockWatch noted, after a jury found him guilty this April of participating in a $41.8 million pump-and-dump scam.
