Tom Girardi ran a 'Ponzi scheme' to defraud clients, prosecutor claims

Disgraced lawyer ran ‘a massive Ponzi scheme’ to defraud clients out of millions of dollars, a prosecutor told jurors Monday on the final day of the now-disbarred attorney’s nearly three-week trial at Federal court in .

‘He acted with intent to defraud - he knew what he was doing’ said Assistant U.S. Attorney Ali Moghaddas in his closing argument before the case against Girardi - estranged husband of star - went to the jury to decide a verdict.

‘He lied to his clients over and over and over again about why they weren’t being paid. He lied to them them because he did not want to give them their money because it was gone….it was already spent.

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