Posted on: July 27, 2022, 09:52h.
Last updated on: July 27, 2022, 10:23h.
A so-called “lottery lawyer” who represented some of America’s biggest jackpot winners has been convicted of fraud and money laundering. A federal jury in Brooklyn Tuesday determined that Jason “Jay” Kurland played fast and loose with his clients’ money, collectively bilking them out of out of $107 million.
Kurland positioned himself as the number-one lottery lawyer in the nation, advising the suddenly super-rich on how to protect themselves, their anonymity, and their money. He even owned the url lotterylawyer.com.
He counted among his clients the America’s all-time biggest lottery winner. The anonymous individual from South Carolina who scooped $1.5 billion on the Mega Millions draw in 2018 was also one of his victims.
Kurland had a sideline, a merchant cash advance business, Cheddar Capital. He convinced clients to invest in the company without declaring his ownership, before funneling some of this money back to himself in the form of “finder’s fees.”
Partners in Cheddar
Partners in Cheddar Capital included Frankie Russo, son of the late Colombo crime family capo Joseph “JoJo” Russo, and a former…
