Gyroscopic Investing

He called himself the “Lottery Lawyer,” developing a national reputation for helping high-profile lottery winners with their investments.

He promised to secure their wealth for generations and to protect them from scam artists.

But on Tuesday, federal prosecutors in Brooklyn accused the lawyer, Jason M. Kurland, of working with a mob associate to steal millions of dollars from his clients.

Mr. Kurland, 46, was arrested on Tuesday morning at his home on Long Island alongside three other men — including Christopher Chierchio, 52, who prosecutors said was a reputed soldier for the Genovese crime family.

As part of the scheme, Mr. Kurland tricked three lottery winners who had hired him into putting $107 million into various investments, prosecutors said. The lottery winners lost a total of more than $80 million.

One of them was the winner of last year’s $1.5 billion Mega Millions jackpot in South Carolina.

Ad Orientem wrote: ↑Tue Aug 18, 2020 10:44 pm ‘Lottery Lawyer’ Is Accused of Fleecing Winners in $107 Million Fraud

He called himself the “Lottery Lawyer,” developing a national reputation for helping high-profile lottery winners with their investments.

He promised to secure their wealth for generations and to protect them from scam artists.

But on Tuesday, federal prosecutors in Brooklyn accused the lawyer, Jason M. Kurland, of working with a mob associate to steal millions of dollars from his clients.

Mr. Kurland, 46, was arrested on Tuesday morning at his home on Long Island alongside three other men — including Christopher Chierchio, 52, who prosecutors said was a reputed soldier for the Genovese crime family.

As part of the scheme, Mr. Kurland tricked three lottery winners who had hired him into putting $107 million into various investments, prosecutors said. The lottery winners lost a total of more than $80 million.

One of them was the winner of last year’s $1.5 billion Mega Millions jackpot in South Carolina.

Read the rest here...
https://www.nytimes.com/2020/08/18/nyre ... e=Homepage


I remember seeing this guy on TV a couple times when the lottery got crazy.