For reprint rights or to purchase a copy of your Daily Journal photo, email Jeremy_Ellis@dailyjournal.com for prices or call 213-229-5424.

To buy more copies, call 866-531-1492 or email subscribe@dailyjournal.com
This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Verdicts

Dec. 15, 2007

U.S. Bancorp Ordered to Pay $17.6 Million for Ponzi Scheme

Ronald Rus and other lawyers from the Irvine firm of Rus, Miliband & Smith represent the trustee overseeing the Chapter 7 bankruptcy of a fraudulent investment company called DFJ Italia Ltd. that bilked 200 investors out of $45 million with boasts of 24 percent returns and connections to a royal Italian family.

By Don J. DeBenedictis
Daily Journal Staff Writer

      SANTA ANA - It isn't often a lawyer suing several banks over account authorization and fiduciary duty can put a witness on the stand who claims to be a cell mate of John Gotti and a "made" member of the Bonano crime family.
      For Ronald Rus, it was witnesses like that who helped bring home a $17.6 million verdict against U.S. Bancorp las...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up



By using our website, you agree to our use of cookies in accordance with our cookie policy. You can learn more about how we use cookies by reviewing our Privacy Policy here.