Fraud Allegations Trail Attorney Mark Geragos as He Faces New Lawsuit

Mark Geragos, the attorney known for his controversial legal history, is facing a $7 million lawsuit from New York jewelry designer Pamela Love, who claims he conspired to defraud creditors linked to Alex and Ani. The lawsuit raises serious ethical implications amid Geragos's troubled history and a backdrop of ongoing scrutiny over his professional conduct.

Attorney Mark Geragos finds himself embroiled in yet another legal battle as he faces accusations of fraud and conspiracy. The New York-based jewelry designer Pamela Love has filed a lawsuit against Geragos and Lyndon Lee in the Supreme Court of the State of New York, seeking $7 million in damages. The suit follows a final partial award granted to Love in December, claiming that Geragos is implicated in a scheme involving the owners of Alex and Ani that has not compensated her properly.

In the lawsuit, it is alleged that Geragos orchestrated a “sham to defraud creditors.” Specifically, the complaint states, “The transfer was from insider to insider,” referring to maneuvers involving Alex and Ani's assets, leading to a strict foreclosure on those assets in July 2024 with no legitimate defenses against Love’s claims. The suit asserts the purported foreclosure lacked substance, with employees reportedly laid off and then rehired on the same day, giving the impression of business continuity while concealing the alleged wrongdoing.

With a troubling history, the stakes appear high for Geragos, whose assorted legal troubles span several years. He was previously implicated in a significant extortion case effective in 2019 alongside Michael Avenatti, currently imprisoned for fraud-related offenses. More recently, in 2021, Geragos faced allegations of violating ethical rules in a lawsuit connected to the City of Mesa, Arizona, resulting in a ruling by Chief US District Judge Snow requiring Geragos to disclose these violations in any future legal practice in Arizona.

The scrutiny over Geragos has compounded further with investigations by the State Bar of California into claims that he appropriated funds from Armenian genocide victims in 2022. Additionally, recent tensions within Sean ‘Diddy’ Combs's legal team, including the resignation of attorney Anthony Ricco, have led to speculation regarding potential conflicts involving Geragos and his daughter Teny Geragos.

As these accusations unfold, the legal landscape surrounding Geragos grows increasingly complicated, prompting questions about his future as a practicing attorney amidst turbulent times in his career.