The Banyon investment group has portrayed itself as the No. 1 victim of Scott Rothstein, saying it lost $775 million when the disbarred lawyer’s Ponzi scheme went belly-up.

But investors contend Banyon and its two principals — George Levin and Frank Preve — were in on the $1.2 billion scam. And they have provided emails to U.S. Bankruptcy Judge Raymond Ray that they assert shows the company executives were complicit with the convicted lawyer.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]