Menu
Cuzz Media

Cuzz Media

Cuzz Media is part of t...

NAB VICTIM

NAB VICTIM

In late 2008 we became vi...

Banking In Australia Today

Banking In Australia Today

Visit Banking in Austra...

Donate Please

Donate Please

We need your support. ...

Prev Next
Welcome, Guest
Username: Password: Remember me
Welcome to the Kunena forum!

Tell us and our members who you are, what you like and why you became a member of this site.
We welcome all new members and hope to see you around a lot!

TOPIC: Who was Howard Bowles discussing this with

Who was Howard Bowles discussing this with 2 months 1 week ago #3945

  • DesiredUserName
  • DesiredUserName's Avatar
  • OFFLINE
  • Platinum Boarder
  • Posts: 910
  • Thank you received: 8
  • Karma: 0
www.nycourts.gov/reporter/3dseries/2018/2018_04857.htm

Decided on June 28, 2018 SUPREME COURT, APPELLATE DIVISION First Judicial Department
John W. Sweeny, Jr.,Justice Presiding,
Dianne T. Renwick
Angela M. Mazzarelli
Ellen Gesmer
Anil C. Singh,Justices.

M-1366

[*1]In the Matter of Keila D. Ravelo, an attorney and counselor-at-law: Attorney Grievance Committee for the First Judicial Department, Petitioner, Keila D. Ravelo, Respondent.


Disciplinary proceedings instituted by the Attorney Grievance Committee for the First Judicial Department. Respondent, Kaila D. Ravelo, was admitted to the Bar of the State of New York at a Term of the Appellate Division of the Supreme Court for the First Judicial Department on July 20, 1992.


Jorge Dopico, Chief Attorney, Attorney Grievance Committee, New York (Raymond Vallejo, of counsel), for petitioner.

Respondent pro se.



PER CURIAM

Respondent Keila D. Ravelo was admitted to the practice of law in the State of New York by the First Judicial Department on July 20, 1992. At all times relevant to this proceeding, respondent maintained an office for the practice of law within the First Department.

In 2017, respondent was convicted, upon her plea of guilty, in the United States District [*2]Court for the District of New Jersey, of conspiracy to commit wire fraud in violation of 18 USC §§ 1343 and 1349, and tax evasion in violation of 26 USC § 7201. Respondent is scheduled to be sentenced on June 28, 2018.

Respondent's conviction stemmed from her involvement in a conspiracy with her husband by which she defrauded two law firms (where she was employed as a partner) along with a client of approximately $7.8 million by submitting false invoices for litigation support services purportedly rendered by two entities formed by respondent and her husband.

Now, the Attorney Grievance Committee (Committee) seeks an order striking respondent's name from the roll of attorneys, pursuant to Judiciary Law § 90(4)(a) and (b) and the Rules for Attorney Disciplinary Matters (22 NYCRR) § 1240.12(c)(1), on the grounds that she was convicted of a felony as defined by Judiciary Law § 90(4)(e), namely, conspiracy to commit wire fraud (18 USC §§ 1343 and 1349), and has therefore been automatically disbarred.

The Committee served respondent with its motion by mail, on consent, but she has not submitted a response.

The Committee's motion to strike respondent's name from the roll of attorneys should be granted.

Judiciary Law § 90(4)(a) authorizes automatic disbarment of an attorney convicted of a felony. Under this statute, a "felony" includes "any criminal offense classified as a felony under the laws of this state or any criminal offense committed in any other state, district, or territory of the United States and classified as a felony therein which if committed within this state, would constitute a felony in this state" (Judiciary Law § 90[4][e]). Thus, a federal felony conviction will result in automatic disbarment if an equivalent felony exists under New York law (Matter of Rosenthal, 64 AD3d 16, 18 [1st Dept 2009]).

For a determination that a federal felony has a New York analogy, the federal felony does not have to be a "mirror image" of a New York felony but must be "essentially similar" (Matter of Margiotta, 60 NY2d 147, 150 [1983]). Thus, we must compare the applicable federal and state felony statutes, as well as look to our own precedent on this issue. If this initial analysis is inconclusive, "essential similarity" can be established by admissions made under oath during a plea allocution, read in conjunction with the indictment or information (see Matter of Adams, 114 AD3d 1, 2-3 [1st Dept 2013]; Matter of Lin, 110 AD3d 186, 187 [1st Dept 2013]; Matter of Sorin, 47 AD3d 1, 3 [1st Dept 2007]).

Automatic disbarment is warranted herein because respondent's federal conviction for conspiracy to commit wire fraud under 18 USC §§ 1343 and 1349, if committed in New York, would constitute the New York felony of scheme to defraud in the first degree (Penal Law § 190.65[1]). Although conspiracy to commit wire fraud has no direct felony analogue under New York law (see Matter of Merker, 140 AD3d 1, 4 [1st Dept 2016]; Matter of Sorin, 47 AD3d at 3), admissions made by respondent as part of her written plea agreement and plea allocution, read in conjunction with the indictment to which she pled guilty, satisfy the elements of scheme to defraud in the first degree, a class E felony (Penal Law § 190.65[1]).

The indictment to which respondent pled guilty alleged, in pertinent part:

" [v]endor 1' was a limited liability company formed by [respondent] and [her husband] in or about January 2008. From at least as early as in or about March 2008 through in or about October 2013, Vendor 1 purportedly provided millions of dollars in litigation support services to Law Firm 1 and Law Firm 2 for the benefit of Client 1 and received payments of more than $5,000,000 from Law Firm 1 and Law Firm 2 for these alleged services. Law Firm 1 and Law Firm 2, believing that Vendor 1 had provided the litigation support services, in turn, billed and were reimbursed by Client 1 in connection with these purported services. In reality, however, Vendor 1 provided no services to Law Firm 1 and Law Firm 2 for the benefit of Client 1 or otherwise. Moreover, the vast majority of the money that went into Vendor 1's bank account from Law Firm 1 and Law Firm 2 was either: (i) used directly to pay for [respondent's] and [her husband's] personal expenses, or (ii) wire transferred into [a] Joint Bank Account and then used to pay for [respondent's] and [her husband's] personal expenses or investments. At no time, however, did [respondent] disclose to Law Firm 1 or Law Firm 2 that she and [her husband] had [*3]a direct financial interest in Vendor 1."

It is undisputed that respondent engaged in substantially similar behavior for "vendor 2," a limited liability company formed by respondent and her husband, that provided services to Law Firm 2 from July 2011 through July 2014. As part of the conspiracy, respondent authorized payments from Law Firm 1 and Law Firm 2 to both vendors 1 and 2 falsely representing that these vendors provided certain services.

The indictment also alleged that:

"It was further part of the conspiracy that when questioned by Law Firm 2 about Vendor 2 invoices, [respondent], in order to cover up and enable the conspiracy to continue, provided Law Firm 2 with documents that [respondent] claimed were produced by Vendor 2, but which in fact [respondent] knew were not produced by Vendor 2 as [respondent] had obtained many if not all of those documents from an attorney at another law firm."

Through this conspiracy, respondent and her husband "fraudulently obtained approximately $7,800,000 from Law Firm 1, Law Firm 2, and Client 1." Respondent entered into a written plea agreement in which she admitted to conspiring to commit wire fraud and reaffirmed the admission during her plea allocution.Respondent's plea admissions, read in conjunction with the indictment to which she pled guilty, satisfy the elements of Penal Law § 190.65(1)(b) because respondent admitted that over a period of time she and her husband engaged in a systematic course of conduct by which they fraudulently obtained over $7 million from her former law firms and a client thereof.

Respondent failed to notify the Committee or this Court of her conviction as required by Judiciary Law § 90(4)(c) and 22 NYCRR 1240.12(a).

Respondent's admitted conduct corresponds to the New York felony of scheme to defraud in the first degree (Penal Law § 190.65[1]); and, thus, is a proper predicate for automatic disbarment under Judiciary Law § 90(4)(b) and (e) and 22 NYCRR 1240.12(c)(1) (see e.g. Matter of Kuber, 151 AD3d 124 [1st Dept 2017]; Matter of Boden, 146 AD3d 69 [1st Dept 2017]; Matter of Feuer, 137 AD3d 78 [1st Dept 2016]).

The Committee's application is timely even though respondent has not yet been sentenced because she was automatically disbarred at the time of her guilty plea (see Matter of Lin, 110 AD3d at 188; Matter of Armenakis, 86 AD3d 205, 207 [1st Dept 2011]).

Accordingly, the Committee's motion should be granted and respondent's name is stricken from the roll of attorneys and counselors-at-law in the State of New York, effective nunc pro tunc to November 20, 2017.

All concur.

Order filed. June 28, 2018

Ordered that the petition is granted, and pursuant to Judiciary Law § 90(4)(b), respondent's name is stricken from the roll of attorneys and counselors-at-law in the State of New York, nunc pro tunc to November 20, 2017.
The administrator has disabled public write access.

Who was Howard Bowles discussing this with 1 month 3 weeks ago #3977

  • DesiredUserName
  • DesiredUserName's Avatar
  • OFFLINE
  • Platinum Boarder
  • Posts: 910
  • Thank you received: 8
  • Karma: 0
The administrator has disabled public write access.

Ravelo in Howard Bowles' American Express Case 4 days 14 hours ago #4055

  • DesiredUserName
  • DesiredUserName's Avatar
  • OFFLINE
  • Platinum Boarder
  • Posts: 910
  • Thank you received: 8
  • Karma: 0
money.cnn.com/2018/09/18/news/companies/...ettlement/index.html

Visa and MasterCard, along with some top US banks, have agreed to pay as much as $6.2 billion in a class action settlement with US retailers over swipe fees.

The settlement ends a 13-year old suit brought by the nation's leading merchants, which claimed that Visa and MasterCard violated antitrust laws by fixing prices to benefit the banks. It's the largest antitrust settlement ever.
Content by MyFinance

Two Banks That Pay 10 Times The Interest On Your Savings
Two Banks That Pay 10 Times The Interest On Your Savings
An Insane Card Offering 0% APR Until October 2019
An Insane Card Offering 0% APR Until October 2019
Online Savings Account Rates Beat Your Banks
Online Savings Account Rates Beat Your Banks

Powered by

The suit has been settled before, but the original settlement reached in 2012 was rejected by major merchants as unfair and overturned on appeal. Opponents of the earlier agreement argued it would have limited the retailers' ability to bring future lawsuits and done little to end uncompetitive practices.

The amended settlement represents a $900 million increase over the previous one. The new settlement was disclosed in corporate filings by Visa (V) and MasterCard (MA) early Tuesday. It must still be approved by the court.

Under the new deal, Visa will pay an additional $600 million, while MasterCard will pay an additional $108 million, according to the companies' filings.

MasterCard and Visa said it was an important step to finally reach an agreement with merchants in this case.

"We can put this behind us and focus on continuing to innovate with our merchant partners to deliver the experience and convenience that consumers expect," said Tim Murphy, general counsel for Mastercard.

"After years of thoughtful negotiation, we are pleased to be able to reach this agreement and move forward in our partnership with merchants to provide consumers convenient, reliable, secure ways to pay," said Kelly Mahon Tullier, Visa's general counsel.

But many of the largest merchants in the nation, including Walmart (WMT), Target (TGT) and Kroger (KR), have already opted out of this settlement said Patrick Coughlin, one of the lawyers who brought the case.

Major retailers have the clout to negotiate better deals with Visa and MasterCard than are available to the typical retailer, he said.

"The top 1% of the merchants make up 25% of the nation's commerce," he said. "They were never going to be part of the deal. But this is important for the other 99% who handle the other 75% of purchases."

He said the new settlement is better than the rejected 2012 decision because larger merchants can now drop out without negating the deal for the smaller retailers.

And he said it also will bring more money for those smaller retailers, even though the amount paid by Visa, MasterCard and the banks will be partly reduced by the major retailers pulling out.

"At a minimum, we got them an additional $200 million," he said.
CNNMoney (New York) First published September 18, 2018: 10:07 AM ET
The administrator has disabled public write access.

Howard Bowles' Cases with Reserve Bank Documents 2 days 9 hours ago #4059

  • DesiredUserName
  • DesiredUserName's Avatar
  • OFFLINE
  • Platinum Boarder
  • Posts: 910
  • Thank you received: 8
  • Karma: 0
The administrator has disabled public write access.
Time to create page: 0.326 seconds

News

Major Topics

Helpful Resources

Socialize

About Us