No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, June 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Disgraced former celebrity lawyer Tom Girardi must pay $2.3 million to the former clients he stole from

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 2 mins read
A A
Disgraced former celebrity lawyer Tom Girardi must pay .3 million to the former clients he stole from
Share on FacebookShare on TwitterShare on LInkedIn



A federal judge sentenced disbarred celebrity lawyer Tom Girardi to seven years and three months in prison on Tuesday for embezzling tens of millions of dollars from his clients, including several with severe physical injuries and families of people killed in accidents.

U.S. District Judge Josephine L. Staton also ordered Girardi, 86, to pay a $35,000 fine and $2.3 million in restitution to former clients. A jury in August found him guilty of four counts of wire fraud, and he could have been sentenced to up to 80 years in prison.

Girardi is the estranged husband of “The Real Housewives of Beverly Hills” star Erika Jayne and appeared on the show himself dozens of times between 2015 and 2020.

He was once among the most prominent lawyers in the nation, often representing victims of major disasters against powerful companies. One lawsuit against California’s Pacific Gas and Electric utility led to a $333 million settlement and was portrayed in the 2000 Julia Roberts film “Erin Brockovich.”

But his law empire collapsed, and he was disbarred in California in 2022 over client thefts.

Girardi has been diagnosed with Alzheimer’s disease, and issues with his memory led another court to put him in a conservatorship under his brother. But on Monday, Staton ruled that he was mentally competent to be sentenced, just as she had previously found him mentally competent to stand trial.

The judge had allowed him to remain free until his sentencing but ordered him to surrender to authorities by July 17.

An email to Girardi’s attorney seeking comment on the conviction was not immediately answered.

Former clients who testified against Girardi at his trial included an Arizona woman whose husband was killed in a boat accident and victims who were burned in a 2010 gas pipeline explosion in San Bruno, south of San Francisco.

Prosecutors played jurors voicemails in which Girardi gave a litany of false reasons money that a court had awarded could not be paid, including tax and debt obligations and judge authorizations. He frequently told them, “Don’t be mad at me.”

This story was originally featured on Fortune.com



Source link

Tags: CelebrityClientsdisgracedGirardilawyerMillionPayStoleTom
ShareTweetShare
Previous Post

6 AARP Programs That Help Pay Your Bills

Next Post

10 Retirement Loopholes That Make the IRS Sweat

Related Posts

edit post
Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

by TheAdviserMagazine
June 22, 2025
0

After years of anticipated economic strife, Russian authorities warn the country is on the precipice of a recession as the...

edit post
Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)

Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)

by TheAdviserMagazine
June 22, 2025
0

Find out how much you could earn with today’s savings rates. The Federal Reserve cut its target rate three times...

edit post
Scale AI’s 30-year-old billionaire Lucy Guo has a warning for anyone who craves work-life balance: ‘maybe you’re not in the right work’

Scale AI’s 30-year-old billionaire Lucy Guo has a warning for anyone who craves work-life balance: ‘maybe you’re not in the right work’

by TheAdviserMagazine
June 22, 2025
0

Work-life balance has become the holy grail of modern employment. It’s the non-negotiable perk that trumps salary and title—with Gen...

edit post
Is the grey market premium misleading? Decoding the valuation gap in HDB Financial’s IPO

Is the grey market premium misleading? Decoding the valuation gap in HDB Financial’s IPO

by TheAdviserMagazine
June 22, 2025
0

HDB Financial Services' upcoming Rs 12,500 crore IPO has attracted attention—largely due to its HDFC Bank parentage and earlier excitement...

edit post
Israel under heavy missile fire after US strike on Iran

Israel under heavy missile fire after US strike on Iran

by TheAdviserMagazine
June 22, 2025
0

23 people are reported injured, and there is widespread damage to buildings. Magen David Adom reports 23...

edit post
Bitcoin as a hedge: Evaluating Bitcoin’s role in India’s economic strategy

Bitcoin as a hedge: Evaluating Bitcoin’s role in India’s economic strategy

by TheAdviserMagazine
June 22, 2025
0

Since Bitcoin’s first public release, it has developed unprecedentedly to arguably become the world’s best-performing risk asset. Based on its...

Next Post
edit post
10 Retirement Loopholes That Make the IRS Sweat

10 Retirement Loopholes That Make the IRS Sweat

edit post
Red Bull heir transfers .1 billion stake to Geneva trust firm

Red Bull heir transfers $1.1 billion stake to Geneva trust firm

  • Trending
  • Comments
  • Latest
edit post
15 “As Seen On TV” Products That Are Well Worth The Money

15 “As Seen On TV” Products That Are Well Worth The Money

May 24, 2025
edit post
LPL, Edward Jones, others to pay M-plus for overcharges

LPL, Edward Jones, others to pay $9M-plus for overcharges

June 10, 2025
edit post
Why Baby Boomers Are Hoarding Wealth While Their Kids Can’t Afford Groceries

Why Baby Boomers Are Hoarding Wealth While Their Kids Can’t Afford Groceries

May 24, 2025
edit post
Josh Hawley blasts Allstate CEO for making M last year — while company can’t ‘afford’ to pay out claims

Josh Hawley blasts Allstate CEO for making $26M last year — while company can’t ‘afford’ to pay out claims

May 21, 2025
edit post
From Melania’s Amazon documentary to Trump Jr.’s 0,000 club: How Donald Trump and his family are minting money

From Melania’s Amazon documentary to Trump Jr.’s $500,000 club: How Donald Trump and his family are minting money

May 26, 2025
edit post
Court Rules Elon Musk Must Continue to Face Lawsuit Over His Role in DOGE

Court Rules Elon Musk Must Continue to Face Lawsuit Over His Role in DOGE

June 9, 2025
edit post
Top Wall Street analysts like these three stocks for long-term growth

Top Wall Street analysts like these three stocks for long-term growth

0
edit post
Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

0
edit post
Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)

Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)

0
edit post
Price Hikes, Panic Buys, and Pullbacks: The New Consumer Rollercoaster

Price Hikes, Panic Buys, and Pullbacks: The New Consumer Rollercoaster

0
edit post
Is the grey market premium misleading? Decoding the valuation gap in HDB Financial’s IPO

Is the grey market premium misleading? Decoding the valuation gap in HDB Financial’s IPO

0
edit post
Total War Against Civilians Is Never Justified

Total War Against Civilians Is Never Justified

0
edit post
Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

June 22, 2025
edit post
Top Wall Street analysts like these three stocks for long-term growth

Top Wall Street analysts like these three stocks for long-term growth

June 22, 2025
edit post
Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)

Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)

June 22, 2025
edit post
Scale AI’s 30-year-old billionaire Lucy Guo has a warning for anyone who craves work-life balance: ‘maybe you’re not in the right work’

Scale AI’s 30-year-old billionaire Lucy Guo has a warning for anyone who craves work-life balance: ‘maybe you’re not in the right work’

June 22, 2025
edit post
Is the grey market premium misleading? Decoding the valuation gap in HDB Financial’s IPO

Is the grey market premium misleading? Decoding the valuation gap in HDB Financial’s IPO

June 22, 2025
edit post
Israel under heavy missile fire after US strike on Iran

Israel under heavy missile fire after US strike on Iran

June 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam
  • Top Wall Street analysts like these three stocks for long-term growth
  • Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.