Don’t Do This

Put this is the "You ain’t gonna believe this" department.

A New Jersey firm admitted "that an associate — with two partners’ knowledge — asked a bank representative whether a client, Kennedy Funding Inc. of Hackensack, could purchase the personal mortgages of the attorney suing Kennedy Funding in four federal fraud cases.  Such a purchase would have made Kennedy Funding, a commercial lender, the holder of the home and office mortgages of adversary Gregg Trautmann, who has a firm in Rockaway, N.J."

The judge handling court cases was not amused.  Read more here.

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