PEOPLE v. DOWLING


266 A.D.2d 18 (1999)

698 N.Y.S.2d 11

THE PEOPLE OF THE STATE OF NEW YORK, Respondent, v. SHERYL DOWLING, Appellant. THE PEOPLE OF THE STATE OF NEW YORK, Respondent, v. GRANTLEY HUNTE, Appellant. THE PEOPLE OF THE STATE OF NEW YORK, Respondent, v. GARTH ROBINSON, Appellant.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided November 4, 1999.


Defendants were brokers at a company originally known as Oxford Capital Securities. By the time defendants joined the company, Oxford had allegedly embarked on a wide-ranging "Ponzi scheme", selling fraudulent investment agreements and certificates. It was charged that defendants and other brokers at the firm misrepresented to clients that their money was being invested in legitimate, risk-free securities that would pay high returns, while in reality the money was being spent...

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