Wednesday, December 22, 2010

The Salt Lake Tribune and Deseret News post articles on the ponzi scheme case

The Salt Lake Tribune and the Deseret News each published news articles on Fasi Filiaga's prison sentence for securities fraud.  This prison sentence was the result of the litigation group's efforts, represented by attorney Joe Cartwright, over the past two years.

The Salt Lake Tribune article can be found here:  http://www.sltrib.com/sltrib/home/50910873-76/filiaga-state-victims-judge.html.csp

The Deseret News article can be found here:  http://www.deseretnews.com/article/print/705363287/Salt-Lake-man-accused-of-bilking-2M-from-investors-sentenced-to-prison.html

Monday, December 20, 2010

Litigation group successful in criminal action

The litigation group led by lawyer Joe Cartwright was successful in the criminal charges they have pursued over the past year against Fasi Filiaga.  Judge Royal Hansen sentenced Filiaga to prison terms of 1-15 years for each of four 2nd degree felony convictions for securities fraud.  Filiaga was also ordered to pay restitution.  A restitution hearing is scheduled for next month.

The prosecution and defense attorney entered into a plea agreement which required the prosecutor to recommend that Filiaga only serve 60 days in jail.  The litigation group strongly opposed this sentencing recommendation from the plea deal.  After reviewing the statements from the litigation group and hearing from several group members at the sentencing hearing, Judge Hansen disregarded the prosecutor's recommendation and followed the desires of the victims by sentencing Filiaga to prison.

Friday, December 17, 2010

Deseret News article on Ponzi Scheme case

The Deseret News print edition and deseretnews.com published the ksl.com story on the litigation group's criminal charges brought against Fasi Filiaga.  The deseret news article can be found here:

http://www.deseretnews.com/article/print/705363144/Victims-say-scammer-stole-money-trust.html

Thursday, December 16, 2010

KSL News Article on Ponzi Scheme Case

Cartwright Law Firm represents a group of 11 victims of a ponzi scheme.  KSL.com published an article on the litigation group's criminal complaint against the fraud perpetrator, Fasi Filiaga.  A quote from attorney Joe Cartwright in the article:  "(The recommendation by the prosecutor) was for Fasi to serve 60 days in jail," Cartwright said. "Some of (my clients) are furious about it. Sixty days for stealing $2 million is ridiculous."

The full article can be found here: http://www.ksl.com/?sid=13689463


Thursday, December 2, 2010

Joe Cartwright featured as a panelist on Power Trader Radio show

As a successful trial lawyer in Utah, Joe Cartwright participated on the panel for the popular Power Trader Radio show on December 1, 2010.  During this show, Joe and other attorneys discussed issues relating to pyramid schemes, RICO claims against fraudulent brokers and investors, and how investors can protect themselves against fraud.

Power Trader Radio - P.T.R. - is an informative weekly 2-Hour Internet Broadcast aired live on Wednesday evenings at 6 p.m. CST. Listeners can hear from Trading Coaches, Investors, Stock Brokers and Options Traders.  Check it out at:  http://www.tradecaddie.com/ptr.cfm