Judge: Bank Not Complicit in Acts of Loan Swindler *(Virginia Lawyers Weekly, February 13, 2012)
February 13, 2012
Bankruptcy and creditors' rights attorney James Schroll successfully defended Gateway Bank FSB in an Alexandria bankruptcy court, defeating a $4.5 million claim by arguing that a convicted mortgage fraudster's scheme did not constitute a Ponzi scheme and that the bank had no reason to suspect wrongdoing.