Danversport victims’ lawyer admits to swindle
|By Julie Manganis, The Salem News, Beverly, Mass.|
|McClatchy-Tribune Information Services|
Lagorio, 58, of
As counsel to some of the business and property owners affected by the
Prosecutors said last year that Lagorio was able to use that inside information and information about other individuals who had no connection to the explosion to create additional fictitious victims. He then provided that information to a finance company that specializes in advances on legal settlements, claiming that settlements were in the offing for those fictitious victims, prosecutors said. Based on that, the finance company paid Lagorio the amounts he claimed those "victims" were owed.
The finance company later discovered the scheme.
None of the actual victims of the blast were affected by Lagorio's actions, prosecutors stressed following his indictment last year.
Between the two attorneys, the schemes netted approximately
Both lawyers, who once shared office space on
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