- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Former NO attorney charged with wire fraud for Hurricane Ida scheme
Posted on 8/30/26 at 5:45 pm to REG861
Posted on 8/30/26 at 5:45 pm to REG861
quote:
In the recording, Moseley told his staff that Louisiana’s legal establishment had it out for him because he was young, an outsider and using new, technologically advanced methods to sign up clients and file more lawsuits against insurance companies than ever before.
That's what I remembered him selling himself/MMA with, but I wasn't 100% sure my memory was correct until I read your link
0
Posted on 8/30/26 at 5:47 pm to lsuconnman
quote]I don’t even understand the “scheme”. The information provided contradicts itself. If this is correct, the people expected repairs not payments. [/quote]
Basically they used an accomplice roofing company to pass informational leaflets to homeowners post Ida and then did a bait and switch and signed up literally thousands of people as “clients” using assignment of benefits legalese none of these people could decipher,and settled claims for them unbeknownst to said “clients” and then commingled the money (allegedly). Unsuspecting homeowners filed Ida claims and got lawyers only to shockingly find out that their supposed lawyers MMA already settled their claim. Then the money these people were owed got mixed up in the firms hookers and blow slush fund and never got paid out to homeowners.
Basically they used an accomplice roofing company to pass informational leaflets to homeowners post Ida and then did a bait and switch and signed up literally thousands of people as “clients” using assignment of benefits legalese none of these people could decipher,and settled claims for them unbeknownst to said “clients” and then commingled the money (allegedly). Unsuspecting homeowners filed Ida claims and got lawyers only to shockingly find out that their supposed lawyers MMA already settled their claim. Then the money these people were owed got mixed up in the firms hookers and blow slush fund and never got paid out to homeowners.
This post was edited on 8/30/26 at 5:56 pm
Posted on 8/30/26 at 5:55 pm to lsuconnman
quote:
Eight people out of 865 is less than a 1% error rate.
Those are just the criminal cases. The fraud was exponentially larger
LINK
quote:
MMA, backed by $35 million in hedge fund and other financing, unleashed a scheme of unprecedented scale. Through illicit text message campaigns, they preyed on disaster victims, signing up over 15,000 clients — more than all other law firms in Louisiana combined. Offshore call centers were used to sign contracts without the policyholders even knowing, reducing people to mere numbers in a calculated operation.
For example:
LINK
In that letter they admit they filed 856 suits claiming they represented the homeowners directly but really represented the roofing company.
They also paid a third party, Velawcity, something like $13M, allegedly, to purchase claims (unethical and illegal) and Velawcity was supposed to manage everything and they fricked it all up, while filing literally thousands of suits in the WDLA alone.
They filed suits on clients they no longer represented, clients who had hired other attorneys, and clients who had settled cases.
This is like movie-level fraud. Wolf of Wall Street stuff
Posted on 8/30/26 at 6:03 pm to NIH
quote:
Property owner plaintiff attorneys and their “experts” are some of the scummiest types you will come across in litigation
No kidding. Dirtbags across the board
Posted on 8/30/26 at 6:07 pm to REG861
quote:
The maximum penalty for this offense is up to five (5) years imprisonment, up to three years of supervised release
Sounds like a pretty good deal if it was
quote:
This is like movie-level fraud. Wolf of Wall Street stuff
Posted on 8/30/26 at 6:52 pm to SlowFlowPro
quote:
This is like movie-level fraud. Wolf of Wall Street stuff
They got like $70 million from a hedge fund to start it all off. This is exhibit A on keeping private equity out of law firm ownership.
Posted on 8/30/26 at 7:59 pm to SlowFlowPro
Is the roofing company in legal trouble too? I looked it up but was only able to find this from a 2023 article:
Is there any way that the roofing company didn’t know that what they were doing was wrong?
quote:
By naming Apex, the LSP report echoes a federal court order from U.S. Magistrate Judge Michael North in March, which said Apex “assisted” MMA as its “agent” in what North called the “Apex scheme.” North’s ruling also identified a separate “scheme” by MMA to pay $14 million to an Arizona marketing firm, Velawcity, to sign up thousands of Louisiana clients using improper online messages.
quote:
Apex responded by filing a malpractice lawsuit against MMA, in which it denied conspiring with the law firm or receiving anything of value to help it sign up clients.
Is there any way that the roofing company didn’t know that what they were doing was wrong?
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News