Saturday, June 1, 2013

Federal Judge Jails Estate Lawyer Joseph Caramadre as Flight Risk

A Rhode Island estate planning lawyer's effort to revoke his guilty plea in a controversial $30 million elder insurance fraud case was a "bizarre" and unjustified "hatchet job" on Joseph Caramadre's former counsel, a federal judge said.

U.S. District Judge William Smith not only nixed Caramadre's bid for a new trial but agreed with prosecutors in the Providence case that he should immediately be jailed as a flight risk, pending his sentencing in July, report the Associated Press and the Providence Journal.

"It was amazing to watch a defendant perjure himself saying he perjured himself the first time," the judge said.

Caramadre and an employee were charged with defrauding dying individuals into allowing insurance investments to be made in their names.

They pleaded guilty to wire fraud and conspiracy shortly after their trial began in November.

Source:
Federal Judge Jails Estate Lawyer as Flight Risk, Nixes 'Bizzare' Effort to Revoke Plea

See Also:
Death Takes a Policy:  How a Lawyer Exploited the Fine Print and Found Himself Facing Federal Charges

3 comments:

Thelma said...

This guy belongs in the can!

Barbara said...

I agree, Thelma. I think he's a vulture.

jerri said...

how low can a lawyer go? just think what we don't know how many crooks got away with their schemes 30 million omg omg isn't that enough money? oak tree justice i hope there are assets to seize like in a drug deal we need to get down and dirty to meet the level of the perps to take them and all they have and all they are hiding in others names yes we know the slick games where is the closest haning tree?