Fraud

Industry Veteran Tom Davis Joins Epiq to Fortify Class Action and Fraud Prevention Capabilities

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NEW YORK — Epiq, a leader in legal services and technology, announced on Tuesday the appointment of Tom Davis as Chief of Staff for its Class Action, Remediation, and Mass Tort business unit. The strategic hire aims to bolster the company’s capacity in managing complex cases surrounding class actions and mass torts. Davis, a seasoned professional in the field, brings a wealth of experience, particularly in operations, compliance, and fraud prevention. His career includes notable past roles such as Vice President of Operations at Garden City Group (GCG) before its acquisition by Epiq in 2018. … Read more

Tom Davis Bolsters Epiq’s Strategy in Class Action Spaces with New Chief of Staff Role Focused on Combating Fraud

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NEW YORK — Epiq, a leader in legal services and technology, announced the appointment of Tom Davis as Chief of Staff for its Class Action, Remediation, and Mass Tort business unit. This strategic move comes as part of Epiq’s efforts to enhance its capabilities in managing complex legal challenges and mitigating fraud in class action settlements. Davis, formerly Vice President of Operations and Fraud Prevention at Garden City Group (GCG) before its acquisition by Epiq in 2018, brings a wealth of experience in fraud detection and legal compliance. Reporting directly to Nicole Hamann, President of … Read more

David Letterman Nearly Serves on Jury for Major Cryptocurrency Fraud Case

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New York — Former television host David Letterman, renowned for his long tenure on “The Late Show,” narrowly missed serving on a federal jury in a major cryptocurrency fraud case in Manhattan this Monday. After years in late-night TV, Letterman, who retired in 2015, almost embarked on a different public service role during a trial where a man is accused of defrauding over 20 people of more than $10 million. Letterman’s civic duty took him to the courthouse where he was considered suitable to hear a case entailing significant financial deceit surrounding the digital currency … Read more

SEC Charges Florida Father-Son Duo in $125K Litigation Finance Fraud, Misused Investor Funds for Personal Expenses

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WASHINGTON — The Securities and Exchange Commission has leveled serious accusations against two Florida residents, alleging they swindled investors out of $125,000 through a fraudulent litigation finance operation. The father-son duo of Michael Chhabra and Vineet “Vincent” Chhabra are now facing legal action initiated by the SEC in a federal court. The lawsuit claims they misappropriated funds intended for supporting legal battles into their own lavish lifestyles. According to federal regulators, the Chhabras deceitfully promised investors lucrative returns through investments in their firm, Tort Fund LLC, which was purportedly established to fund law firms engaged … Read more