Impeaching the Fraudster Snitch
There's a white collar $60 million stock fraud trial going on in state court in New York. Bloomberg has the details.
The Government is relying in part on the testimony of John D. Mazzuto, the former CEO of a Pittsburgh-based company called IEAM, who pleaded guilty and agreed to testify against others to save his own skin, to get a conviction against James Margulies, the company's former chief counsel.
New York criminal defense attorney Ira London, who is representing Margulies, got his shot at Mazzuto during cross-examination last week. Henry Blodgett of Business Insider says Ira "eviscerated" him and shows how with portions of the transcript.
For the lawyers out there, note Ira's great use of trilogies (three questions (sometimes more) for each point, or one question asked three different ways. Often, each question will add one additional fact.) Great work, Ira.(Disclosure: Ira is a long-time friend.) The trial is expected to last two more weeks. [More..]
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