Alleged Ponzi schemer due in court
Court Alerts
Former Albuquerque real estate executive Doug Vaughan is due in court Wednesday to plead guilty to charges stemming from allegations he ran Ponzi scheme that swindled some 600 investors out of $74 million.
Vaughan's attorney, Amy Sirignano, last week told The Associated Press Vaughan would be changing his plea to guilty in the case, but that details of the agreement were still being worked out.
Vaughan is scheduled to appear in court in Santa Fe Wednesday afternoon.
The change of plea hearing was scheduled just a few weeks after court documents were unsealed showing Vaughan's long-time assistant planned to testify against him.
Victims have been identified in New Mexico, Arizona, Washington, Oregon, New Jersey, Texas and Colorado.
Related listings
-
NY top court allows private securities claims
Court Alerts 12/20/2011Enforcement by the state attorney general against securities fraud doesn't pre-empt private common-law claims of negligence against investment companies, New York's top court ruled Tuesday. The Court of Appeals rejected J.P. Morgan Investment Managem...
-
Operative gets prison for bilking NYC mayor
Court Alerts 12/19/2011A political operative convicted of bamboozling Mayor Michael Bloomberg out of hundreds of thousands of dollars was sentenced to prison Monday un a case that brought the billionaire politician to the witness stand and gave the public a behind-the-scen...
-
Court Rules in Favor of Davenport Strip Club
Court Alerts 12/16/2011The Iowa Court of Appeals has ruled that a Davenport strip club can open, rejecting city arguments that an ordinance regulating adult businesses prohibits it. KWQC-TV reports Chorus Line applied for a license to operate in 2009 but the city denied it...
Victorville CA DUI defense Attorneys
The outcome of a DUI defense will have a long-term effect on anyone’s life, making the decision to receive legal representation an easy one. The fact is, most people accused of a DUI are first offenders with no criminal background. Whether this is your first run in with the law or you have had previous convictions, you are in need of a DUI defense attorney.
The charges you are facing for a DUI range from fines, a 12-month suspension on your license and worst-case scenario, prison time. Your attorney will be able to analyze your situation to decide the best way to go about your case.
Our attorneys know the tricky ways to challenge all of the DUI tests and know how to claim improper collection of evidence. We will be able to negotiate on your behalf and free you from charges and help you keep your drivers license. The DUI process can last up to several months, we can make this process easier on you. .