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Disbarred Lawyer Charged with Fraud in $500K Scam

Gerald Douglas, a disbarred Brooklyn attorney, helped an ex-con fleece friends out of more than $500,000, according to prosecutors. So reports The New York Daily News.

Scam road sign 464653 1920Douglas was said to have pretended to represent Helen Lurene Elias during a series of meetings with her cohorts; the plan was to convince Elias’s friends to loan her hundreds of thousands of dollars to be recuperated, with extra for them later, until a (bogus) pending legal settlement was closed. Elias spent time in prison for running a similar scheme from 2010 to 2013 in which she managed to bilk her pals for approximately $300,000.

Read the full article from The New York Daily News.

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