Fraudster Asks To Represent Self On Appeal

Aug 14 2014 | 6:16am ET

Convicted hedge fund fraudster Jeffrey Martinovich is sick of his revolving-door legal team and wants to appoint someone who will stick with the case—himself.

The MICG Investment Management CEO was convicted last year of conspiracy and fraud, and sentenced to nearly 12 years in prison. Since then, he’s gone through three lawyers, and last month asked to represent himself on appeal.

Martinovich accused the government of “intervention to remove his preferred counsel,” without actually identifying who that lawyer is or what sort of intervention was used.

Martinovich’s trial lawyer, James Broccoletti, withdrew from the case earlier this year, after he learned that he may be called as a “necessary witness” in a case against Martinovich. Shortly after Martinovich’s trial ended, the government learned that he had paid Broccoletti’s legal fees from one of MICG’s hedge funds, allegedly by misleading Broccoletti about which fund would be paying the bills.

The lawyer appointed to replace Broccoletti had to withdraw after it emerged that he had represented some of Martinovich’s victims. And Martinovich now seeks the removal of his current lawyer, Matthew Greene, due to “communication problems.”


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