8/2/2019 TD Bank - New Civil RICO Claims
1/1
l Contempt Blog: TD Bank - New Civil RICO claims. Why not Gibraltar Bank?
/acivilcontemptblog.blogspot.com/2012/05/td-bank-new-civil-rico-claims-why-not.html[5/7/2012 5:37:14 PM]
This blog will describe the unknown and unpublicized true story and bizarre circumstances surrounding
the longest, still ongoing, civil contempt sanction in U.S. Federal Court history now lasting over 11
years, including an imprisonment of over 6 years.
A Civil Contempt Blog
SATURDAY, MAY 5, 2012
Posted by Stephan J. Lawrence at 2:26 PM
Labels: bankruptcy, Berger Singerman,Civil RICO, Emess Capital, Gibraltar Bank,Gibraltar Private Bank,
Judge Herbert Stettin,Paul Singerman, Scott Rothstein, TD Bank
TD Bank - New Civ i l RICO c la im s. Why not Gibral tarBank?
In a previous post, I examined the incestuous relationship between Paul Singerman and other
Berger Singerman insiders and Gibraltar Bank(see also here). Berger Singerman is the lead law
firm for the trustee in the Rothstein Rosenfeldt Adler bankruptcy. It has spearheaded the
"immunization" of Gibraltar and those associated with Gibraltar, in the Gibraltar Bank scandal a scandal that parallels the TD Bank scandal. The Gibraltar immunization extends to Berger
Singerman itself, its insider co-investors with Rothstein in Gibraltar, and to others who aided in
orchestrating the purchase of Gibraltar Bank ... the bank Scott Rothstein said was essential to
carrying out his scheme.
Rothstein testified that a major reason for his participation in the purchase of Gibraltar Bank was
that inquiries into his Gibraltar accounts would then be stopped. So the "carrot" to Rothstein
joining with Berger Singerman insiders in the Gibraltar purchase was a cessation of inquiries into
the Ponzi scheme; and the "stick" was continued inquiries at Gibraltar, which could result in the
quick collapse of the Ponzi scheme. Not much of a choice.
In my March 9, 2012 post, I stated the following:
"Everyone fo l low ing the Scot t Roths te in bankruptcy c ase should recogn ize
what is rea l ly happen ing :
Berger Singerman is making many quick "pennies on the dollar" settlements. Those paltry
settlements all have buried clauses that immunize the targets from victim lawsuits the real
"carrot" to settle. A large part of those paltry settlements then go to Berger Singerman for legal
fees and Berger Singerman is thereby able to protect themselves (and friends) from many
embarrassing questions and potential civil claims, including aiding and abetting and civil RICO
claims, regarding Gibraltar"
A few days ago, Civil RICO claims were permitted by U.S. District Judge Joan Lenard to be
added to Emess Capital's complaint against TD Bank, thereby showing the viability of filing such
claims against Gibraltar Bank and those connected to the Rothstein scheme claims I pointed
out were apropos in Gibraltar's case.
The still open issue is why haven't Civil RICO claims been used against Gibraltar Bank yet? Is it
because Berger Singerman obtained immunization for Gibraltar and those connected to Gibraltar,
thereby protecting themselves and their own multimillion dollar investments in Gibraltar? Civil
RICO claims against Gibraltar, along with aiding and abetting claims, could enmesh Berger
Singerman insiders as co-defendants based on allegations they played a crucial role in carrying
out Scott Rothstein Ponzi scheme.
SEARCH THIS BLOG
Stephan J . Lawrence
I am an M.I.T. graduate and was
originally a financial analyst for
several major brokerages and
private investment firms. I
established a very successful
trading company that collapsed in
the October 1987 crash after
Bear Stearns successfully
embezzled 10's of millions of
dollars from my companies using
backdated fictitious trades that
the Chicago Board Options
Exchange and the Options
Clearing Corp. eventually
admitted never occurred.
View my complete profile
ABOUT ME
2012 (7)
May(1)
TD Bank - New Civil RICOclaims. Why notGibraltar...
March(2)
February(4)
2011 (6)
BLOG ARCHIVE
Share Report Abuse Next Blog Create Blog Sig
Search
http://acivilcontemptblog.blogspot.com/http://www.blogger.com/profile/09169601370654980920http://acivilcontemptblog.blogspot.com/search/label/bankruptcyhttp://acivilcontemptblog.blogspot.com/search/label/Berger%20Singermanhttp://acivilcontemptblog.blogspot.com/search/label/Berger%20Singermanhttp://acivilcontemptblog.blogspot.com/search/label/Civil%20RICOhttp://acivilcontemptblog.blogspot.com/search/label/Emess%20Capitalhttp://acivilcontemptblog.blogspot.com/search/label/Gibraltar%20Bankhttp://acivilcontemptblog.blogspot.com/search/label/Gibraltar%20Bankhttp://acivilcontemptblog.blogspot.com/search/label/Gibraltar%20Private%20Bankhttp://acivilcontemptblog.blogspot.com/search/label/Gibraltar%20Private%20Bankhttp://acivilcontemptblog.blogspot.com/search/label/Judge%20Herbert%20Stettinhttp://acivilcontemptblog.blogspot.com/search/label/Judge%20Herbert%20Stettinhttp://acivilcontemptblog.blogspot.com/search/label/Paul%20Singermanhttp://acivilcontemptblog.blogspot.com/search/label/Scott%20Rothsteinhttp://acivilcontemptblog.blogspot.com/search/label/TD%20Bankhttp://acivilcontemptblog.blogspot.com/2012/02/scott-rothstein-redux-4-whats-behind.htmlhttp://acivilcontemptblog.blogspot.com/2012/02/scott-rothstein-redux-4-whats-behind.htmlhttp://acivilcontemptblog.blogspot.com/2012/02/scott-rothstein-redux-4-whats-behind.htmlhttp://acivilcontemptblog.blogspot.com/2012/03/scott-rothstein-td-bank-wins-one.htmlhttp://acivilcontemptblog.blogspot.com/2012/03/scott-rothstein-td-bank-wins-one.htmlhttp://www.bizjournals.com/southflorida/blog/picking_up_the_pieces/2012/05/judge-allows-racketeering-claim.htmlhttp://www.bizjournals.com/southflorida/blog/picking_up_the_pieces/2012/05/judge-allows-racketeering-claim.htmlhttp://www.blogger.com/profile/09169601370654980920http://www.blogger.com/profile/09169601370654980920http://void%280%29/http://acivilcontemptblog.blogspot.com/search?updated-min=2012-01-01T00:00:00-08:00&updated-max=2013-01-01T00:00:00-08:00&max-results=7http://void%280%29/http://acivilcontemptblog.blogspot.com/2012_05_01_archive.htmlhttp://acivilcontemptblog.blogspot.com/2012_05_01_archive.htmlhttp://void%280%29/http://acivilcontemptblog.blogspot.com/2012_03_01_archive.htmlhttp://acivilcontemptblog.blogspot.com/2012_03_01_archive.htmlhttp://void%280%29/http://acivilcontemptblog.blogspot.com/2012_02_01_archive.htmlhttp://acivilcontemptblog.blogspot.com/2012_02_01_archive.htmlhttp://void%280%29/http://acivilcontemptblog.blogspot.com/search?updated-min=2011-01-01T00:00:00-08:00&updated-max=2012-01-01T00:00:00-08:00&max-results=6http://www.blogger.com/next-blog?navBar=true&blogID=1917020165135474239http://www.blogger.com/signup.ghttp://www.blogger.com/http://www.blogger.com/http://www.blogger.com/signup.ghttp://www.blogger.com/next-blog?navBar=true&blogID=1917020165135474239http://www.blogger.com/http://www.blogger.com/http://acivilcontemptblog.blogspot.com/search?updated-min=2011-01-01T00:00:00-08:00&updated-max=2012-01-01T00:00:00-08:00&max-results=6http://void%280%29/http://acivilcontemptblog.blogspot.com/2012_02_01_archive.htmlhttp://void%280%29/http://acivilcontemptblog.blogspot.com/2012_03_01_archive.htmlhttp://void%280%29/http://acivilcontemptblog.blogspot.com/2012_05_01_archive.htmlhttp://void%280%29/http://void%280%29/http://acivilcontemptblog.blogspot.com/search?updated-min=2012-01-01T00:00:00-08:00&updated-max=2013-01-01T00:00:00-08:00&max-results=7http://void%280%29/http://void%280%29/http://www.blogger.com/profile/09169601370654980920http://www.blogger.com/profile/09169601370654980920http://www.blogger.com/share-post.g?blogID=1917020165135474239&postID=6117419707609491395&target=facebookhttp://www.blogger.com/share-post.g?blogID=1917020165135474239&postID=6117419707609491395&target=twitterhttp://www.blogger.com/share-post.g?blogID=1917020165135474239&postID=6117419707609491395&target=bloghttp://www.blogger.com/share-post.g?blogID=1917020165135474239&postID=6117419707609491395&target=emailhttp://www.blogger.com/email-post.g?blogID=1917020165135474239&postID=6117419707609491395http://www.bizjournals.com/southflorida/blog/picking_up_the_pieces/2012/05/judge-allows-racketeering-claim.htmlhttp://www.bizjournals.com/southflorida/blog/picking_up_the_pieces/2012/05/judge-allows-racketeering-claim.htmlhttp://acivilcontemptblog.blogspot.com/2012/03/scott-rothstein-td-bank-wins-one.htmlhttp://acivilcontemptblog.blogspot.com/2012/03/scott-rothstein-td-bank-wins-one.htmlhttp://acivilcontemptblog.blogspot.com/2012/02/scott-rothstein-redux-4-whats-behind.htmlhttp://acivilcontemptblog.blogspot.com/2012/02/scott-rothstein-redux-4-whats-behind.htmlhttp://acivilcontemptblog.blogspot.com/search/label/TD%20Bankhttp://acivilcontemptblog.blogspot.com/search/label/Scott%20Rothsteinhttp://acivilcontemptblog.blogspot.com/search/label/Paul%20Singermanhttp://acivilcontemptblog.blogspot.com/search/label/Judge%20Herbert%20Stettinhttp://acivilcontemptblog.blogspot.com/search/label/Gibraltar%20Private%20Bankhttp://acivilcontemptblog.blogspot.com/search/label/Gibraltar%20Bankhttp://acivilcontemptblog.blogspot.com/search/label/Emess%20Capitalhttp://acivilcontemptblog.blogspot.com/search/label/Civil%20RICOhttp://acivilcontemptblog.blogspot.com/search/label/Berger%20Singermanhttp://acivilcontemptblog.blogspot.com/search/label/bankruptcyhttp://www.blogger.com/email-post.g?blogID=1917020165135474239&postID=6117419707609491395http://www.blogger.com/profile/09169601370654980920http://acivilcontemptblog.blogspot.com/Top Related