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Tom Girardi Found Guilty In Massive Ponzi Scheme; Estranged Husband Of ‘Real Housewives’ Star Erika Jayne Faces Long Prison Term

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deadline.com

A Los Angeles jury convicted Tom Girardi of running a massive 10-year Ponzi scheme in which he allegedly siphoned at least $15 million in settlement funds from four of his clients.

The 85-year-old estranged husband of Real Housewives of Beverly Hills star Erika Jayne was found guilty of all four wire fraud charges and faces a potential prison sentence of up to 20 years on each count.

The jury began deliberating Monday afternoon following closing arguments and met for about two hours Tuesday morning before announcing that a verdict had been reached.

Girardi, who has dementia, showed no visible reaction as the verdicts were read. The scams, which ran from 2010-20, were the subject of the 2021 Hulu documentary The Housewife and the Hustler.

Read more on deadline.com
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