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Finding of conversion and fraudulent concealment affirmed where brother signed sister’s name on check

Day on Torts

On appeal, defendant argued that although plaintiff was a named owner on the annuity, “they were owners in name only and that the effect of the transaction establishing the annuity was to create something of a constructive trust for Decedent [mother] with [defendant’s] ‘legal posture’ in the nature of a trustee or custodian.”

Divorce 59
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The Unraveling of Trump’s Empire: Inside the New York Civil Trial

The Crime Report

Under New York state’s 1986 version of the federal RICO Act, the enumerated causes of action in this lawsuit constitute “enterprise corruption,” or an array of fraudulent conduct involving both illegitimate and legitimate businesses. Again, this trial is all about the potential or actual loss of Trump’s personal wealth.