$2.4M
Fraud
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Case Details
Gerald Campbell, a 68-year-old Long Island man, lost over $300,000 in a financial planning scam involving living trusts. The lawsuit alleged unauthorized practice of law, false promises, and unsound financial advice by a Dallas company and a non-attorney who failed to fund financial instruments as directed.
Additional Notes
A Nassau County Supreme Court judge awarded $2 million in punitive damages and approximately $400,000 in compensatory damages, totaling about $2.4 million. The award was granted against non-attorney Michael C. Cammarota due to default. Cammarota had previously pleaded guilty to grand larceny in a separate criminal action.
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