CFO OF MAJOR WALL STREET FIRM AVOIDS PRISON SENTENCE IN ALLEGED 11M FRAUD

Three former executives of a large Wall Street investment firm were charged with securities fraud and tax fraud. After extensive litigation and negotiation, our client avoided the offered sentence of 5-15 years, receiving only a probationary sentence.

IMMINENT ARREST FORESTALLED AND CHARGES OF A MULTIMILLION DOLLAR INSURANCE FRAUD AVOIDED

In this matter, Mr. Kousouros was initially successful in avoiding the imminent arrest of his client, and later, after extensive investigation, in convincing the Attorney General that the insurance fraud charges were not viable. The case was resolved with his client avoiding any jail time and paying the fair and appropriate amount of taxes.

MULTIMILLION DOLLAR TRUCKING COMPANY SUCCESSFULLY DEFENDED IN SWEEPING LABOR RACKETEERING CASE

Mr. Kousouros successfully spearheaded the defense of the principal, as well as several employees, in this major labor racketeering case in the Eastern District of New York.

FULL ACQUITTAL IN A MULTIMILLION DOLLAR COPYRIGHT INFRINGEMENT CASE

In this federal case in the Southern District of New York for criminal copyright infringement, the owner of a toy company was accused of importing and selling millions of dollars of copyrighted Nintendo games. The trial involved thousands of pages of documentary evidence and multiple witnesses who testified as to the manner of importation and resale. After a three-week trial, our client was acquitted of all charges.

PROSECUTOR DECLINES TO RETRY MULTIMILLION DOLLAR WHITE COLLAR CASE

In this case in the Eastern District of New York, the client was accused, along with her husband, of obtaining millions of dollars in fraudulent mortgages to purchase several properties. Despite a wealth of documentary evidence and an eight-week trial, a hung jury was declared and the prosecution thereafter declined to retry the case.

NO CHARGES FOR EMPLOYEE IN BILLION DOLLAR TAX FRAUD INVESTIGATION

Here the client was an employee of a firm which was alleged to have used questionable interpretations of tax code provisions to shelter gains. The firm was accused of purchasing stock in multiple companies and selling it at a loss in order to offset gains from the sale of tangible assets. After a year and one-half long investigation, Mr. Kousouros convinced the government that no charges were warranted.

STOCK TRADER AVOIDS BOTH PROSECUTION AND REGULATORY SANCTIONS

This matter involved an individual from Texas who was being investigated for stock manipulation in the Eastern District of New York. Mr. Kousouros was retained at the start of the investigation. At its conclusion, no charges were filed against his client, while others in the same investigation were prosecuted.

SUCCESSFULLY REPRESENTED SINGAPORE NATIONAL IN WHITE COLLAR CASE

Here, the client was indicted in a multimillion dollar counterfeit goods conspiracy in the Southern District of New York. Although the client was facing a significant prison sentence, Mr. Kousouros was able to secure a sentence of time served.

NO CHARGES FILED IN MULTIMILLION DOLLAR INVESTIGATION OF METAL SCRAP COMPANY

This company was being investigated for monetary irregularities in their purchase of retail scrap metal. Following Mr. Kousouros’ representation, no charges were filed.

STOCK TRADER AVOIDS INSIDER TRADING AND STOCK MANIPULATION CHARGES

Mr. Kousouros represented his client during an investigation by the SEC. As a result of his work, the client avoided both a prosecution on criminal charges and any regulatory sanctions.

AVOIDED PROSECUTION IN A MASSIVE TELEMARKETING FRAUD

Charges were avoided in this investigation in Detroit, Michigan, despite the fact that the client was directly implicated in the target conduct.

ALL CHARGES DROPPED AGAINST ATTORNEY IN MASSIVE REAL ESTATE FRAUD CASE

In a case in which an attorney was indicted in a multi-defendant real estate fraud, Mr. Kousouros convinced the court, on a Motion to Dismiss, that the charges were unsustainable. The Court dismissed the charges, and the client was spared the stress of a trial, the cost of a trial, and the possibility of Bar Association sanctions.

INVESTIGATION OF DAY CARE CENTER ENDS IN NO CHARGES

Here, a Day Care Center was being investigated by regulatory and law enforcement authorities. With Mr. Kousouros’ representation, the client was cleared of all allegations without prosecution or civil penalty.

When a trial is inadvisable because of the quantum of evidence generated by the government’s investigation, the identification of mitigating factors — not only with regard to the client’s role in the offense, but also with regard to the personal circumstances of his or her life — becomes indispensable to a just resolution. The following are examples of outcomes this approach has produced.

GUIDELINE RANGE OF 188 MONTHS REDUCED TO 48-MONTH SENTENCE IN MULTIMILLION DOLLAR MONEY LAUNDERING CASE

In this case involving the laundering of narcotics proceeds from a Mexican drug cartel, the evidence of the laundering was overwhelming. Critical to obtaining a fair and just resolution was Mr. Kousouros’ investigation, which included the transcription of hundreds of telephone conversations that demonstrated the client’s lack of any knowledge as to the source of the funds that were laundered. This proof, together with a detailed presentation of an otherwise impeccable life history, allowed Mr. Kousouros to successfully argue for a guidelines range of 70-80 months. This reduced guidelines range paved the way for Mr. Kousouros to successfully argue for the further reduction to a 48-month non-guideline sentence, with the final 12 months to be served on house arrest.

A YEAR AND A DAY FOR A CLIENT FACING OVER 7 YEARS IN PRISON/48 MONTHS FOR A CLIENT FACING OVER 14 YEARS

In a 14 million dollar liquor fraud case in the Eastern District, Mr. Kousouros secured a sentence of a year and a day for a client facing over 7 years in prison. In a 32 million dollar cigarette tax case in Virginia, Mr. Kousouros secured a sentence of 48 months for a client facing over 14 years in prison. In these, and many other matters, Mr. Kousouros has submitted a sentencing memorandum of the highest calibre, and has successfully argued — with empirical and statistical evidence — that the United States Sentencing Guidelines pertaining to fraud cases significantly over-represented a defendant’s criminal liability. Once Mr. Kousouros has persuaded the court to adopt this theory, the thorough and forceful recounting of the client’s life and circumstances contained in the sentencing memorandum opens the door to a vastly reduced sentence.