Following a significant lawsuit from Pamela Love, attorney Mark Geragos is accused of orchestrating fraudulent schemes through insider dealings and inadequate asset management, marking a troubling chapter in his legal career.**
Mark Geragos Faces New Fraud Allegations in Pamela Love Case**
Mark Geragos Faces New Fraud Allegations in Pamela Love Case**
Attorney Mark Geragos is under fire once more, being sued for fraud and conspiracy in relation to a shell company that allegedly defrauded jewelry designer Pamela Love.**
Attorney Mark Geragos is facing renewed allegations of fraud and conspiracy, this time involving a shell company he owns, which is accused of defrauding New York jewelry designer Pamela Love. The latest lawsuit, filed in the Supreme Court of the State of New York, threatens Geragos’s already tarnished reputation.
Pamela Love has initiated a $7 million lawsuit against Mark Geragos and Lyndon Lee, stemming from events that followed a partial arbitration victory last December, where she claimed to have been owed compensation by the owners of Alex and Ani. Love’s lawsuit highlights that Geragos allegedly played a central role in a scheme to defraud creditors and mismanage the company's assets.
The lawsuit asserts that a foreclosure executed on Alex and Ani's assets in July 2024 was merely a façade aimed at deceiving creditors, stating, “The purported foreclosure was in name only,” and suggested that the operation of the business remained unaffected by these legal maneuvers, as employees were reportedly laid off and rehired the same day.
Geragos’s history of alleged transgressions is extensive. He was implicated in a high-profile Nike extortion scandal alongside Michael Avenatti in 2019 and faced ethical violations regarding his legal practice in Arizona in 2021. His previous actions have led to serious scrutiny, including investigations by the State Bar of California over allegations of misconduct related to Armenian genocide victims in 2022.
The scrutiny on Geragos's professional circle continues with his daughter, Teny Geragos, attracting attention amid rumors of infighting within the legal team of Sean 'Diddy' Combs. The departure of fellow attorney Anthony Ricco has fueled speculation about the extent of alleged illicit activities within their ranks.
As Geragos confronts these serious claims from Pamela Love and the challenges arising from his checkered past, the legal community watches closely to see how this situation unfolds.
