FraudNews
09-24-2013, 10:33 AM
Fraudulent Transfers Trigger Crime/Fraud Exception And $10 Million Punitive ... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH9uKBRvIJzOwyPWnuROF8IUmjQIA&url=http://www.forbes.com/sites/jayadkisson/2013/09/24/fraudulent-transfers-trigger-crimefraud-exception-and-10-million-punitive-damages-in-cutuli/)
Forbes
Sometimes the Courts will “throw the book” at a debtor and all those who assist the debtor in hiding assets or defrauding creditors; this is such a case. Kathleen Ann Smith Cutuli (“Smith”) owed a $6 million debt to creditor Elie. To avoid paying Elie ...
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[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH9uKBRvIJzOwyPWnuROF8IUmjQIA&url=http://www.forbes.com/sites/jayadkisson/2013/09/24/fraudulent-transfers-trigger-crimefraud-exception-and-10-million-punitive-damages-in-cutuli/]More... (http://news.google.co.za/news/more?ncl=d46ZefwvTQ-z1ZM&ned=en_za)
Forbes
Sometimes the Courts will “throw the book” at a debtor and all those who assist the debtor in hiding assets or defrauding creditors; this is such a case. Kathleen Ann Smith Cutuli (“Smith”) owed a $6 million debt to creditor Elie. To avoid paying Elie ...
[/URL]
[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH9uKBRvIJzOwyPWnuROF8IUmjQIA&url=http://www.forbes.com/sites/jayadkisson/2013/09/24/fraudulent-transfers-trigger-crimefraud-exception-and-10-million-punitive-damages-in-cutuli/]More... (http://news.google.co.za/news/more?ncl=d46ZefwvTQ-z1ZM&ned=en_za)