Tom Girardi Convicted of Wire Fraud Charges

Tom Girardi, a former high-powered attorney, was convicted by a federal jury of four counts of wire fraud for embezzling over $15 million from his clients over a decade. The 85-year-old, once a prominent figure in legal circles, used the stolen funds to finance a lavish lifestyle, including private jets and jewelry, while his clients awaited settlement payments. Despite his defense team attributing the misappropriation to cognitive decline and the actions of former chief financial officer Christopher Kamon, the jury found Girardi guilty after less than a day of deliberation. Girardi's sentencing is set for December 6, and he faces additional federal charges in Illinois for similar misconduct related to the victims of the 2018 Lion Air crash. His estranged wife, Erika Jayne, is well-known from the reality TV show 'Real Housewives of Beverly Hills'. The case underscores a broader investigation into Girardi's law firm and its financial practices.