Prosecutors argued Girardi spent his clients' money on a luxurious lifestyle that was depicted on 'The Real Housewives of Beverly Hills,' the reality show in which his now-estranged wife Erika Jayne stars.
Jurors reached a verdict Tuesday morning in the trial of Tom Girardi, the once high-powered Los Angeles attorney accused of running a 10-year Ponzi scheme that defrauded his clients of millions of dollars in settlement funds.Girardi has been convicted of four counts of wire fraud for diverting at least $15 million away from four of his clients.
The federal public defender representing him, Charles Snyder, argued that Girardi's cognitive impairment has worsened following diagnoses with dementia and late-onset Alzheimer's disease. The lawyer also said members of Girardi's now-closed Girardi Keese law firm were stealing funds 'hand over fist.'Snyder also said 'Girardi was not paying close attention' to the firm's operations as he 'got old, got sick, and lost his mind.
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