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Con Man Can't Get Redo In $43M Tribal Bond Conviction - Vimarsana News

Con Man Can't Get Redo In $43M Tribal Bond Conviction

ADVERTISEMENT ADVERTISEMENT Con Man Can't Get Redo In $43M Tribal Bond Conviction Law360 (February 9, 2021, 8:57 PM EST) -- A Second Circuit panel on Tuesday refused to reconsider career con man John Galanis' conviction for participating in a tribal bond rip-off, lowering the more than $43 million restitution award owed to a South Dakota tribe only slightly, by $357,740. Galanis argued before the circuit panel that the district court improperly reopened his case so the jury could see evidence of a 2016 stock fraud. But Circuit Judges John M. Walker Jr., Reena Raggi and William J. Nardini fou...

Source: law360.com
Prior Fraud Evidence Argument Looks To Lose In 2nd Circ. - Vimarsana News

Prior Fraud Evidence Argument Looks To Lose In 2nd Circ.

ADVERTISEMENT ADVERTISEMENT Con Man's New Trial Bid Looks Doomed In 2nd Circ. Law360, New York (February 1, 2021, 6:46 PM EST) -- The Second Circuit didn't seem interested Monday in awarding career con man John Galanis a new trial on charges of participating in a $40 million tribal bond rip-off on the theory that the jurors who convicted him improperly saw evidence of a prior stock fraud. At virtual appellate arguments, Circuit Judges John M. Walker Jr., Reena Raggi and William J. Nardini seemed to agree with prosecutors from the Manhattan U.S. Attorney's office, who said the 77-year-old's t...

Source: law360.com