Erica Jayne's ex Tom Girardi ran a 'massive Ponzi scheme' to defraud clients out of millions, prosecutor tells LA court in Real Housewives' 'trial of the century'

Erica Jayne's ex Tom Girardi ran a 'massive Ponzi scheme' to defraud clients out of millions, prosecutor tells LA court in Real Housewives' 'trial of the century' READ MORE: Confused-looking Tom Girardi shuffles out of court after testifying By Neil Blincow In Los Angeles For Dailymail.com Published: 00:59, 27 August 2024 | Updated: 00:59, 27 August 2024 e-mail View comments Disgraced lawyer Tom Girardi ran ‘a massive Ponzi scheme’ to defraud clients out of millions of dollars, a prosecutor told jurors Monday on the final day of the now-disbarred attorney’s nearly three-week trial at Federal court in Los Angeles . ‘He acted with intent to defraud - he knew what he was doing’ said Assistant U.

S. Attorney Ali Moghaddas in his closing argument before the case against Girardi - estranged husband of Real Housewives of Beverly Hills star Erika Jayne - went to the jury to decide a verdict. ‘He lied to his clients over and over and over again about why they weren’t being paid.

He lied to them them because he did not want to give them their money because it was gone...

.it was already spent. ‘Behind the curtain he was pilfering his clients’ funds.

It was just cruel to treat victims in this manner.’ Tom Girard, 85, is accused of running a 'massive Ponzi scheme' to defraud clients out of millions of dollars Girardi, 85 - is charged with four counts of wire fraud in which he’s accused of swindling clients out of $15 million in settlement funds they were owed for inju.