The Fraud Cases Against Julian T. Tzolov And Eric S. Butler

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www.BackgroundNow.com, Oct 2, 2008 - 40 pages
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JULIAN TZOLOV and ERIC BUTLER, former brokers at Credit Suisse Securities LLC, have been charged with conspiracy, securities fraud, and wire fraud. The superseding indictment alleges that the defendants schemed to obtain higher sales commissions by selling auction rate securities ("ARS") backed by mortgages to Credit Suisse clients who, in fact, had placed orders to buy ARS backed by student loans. The defendants concealed their scheme by falsifying the names of the ARS the clients bought and otherwise misleading the clients into believing they had bought ARS backed by student loans. When the mortgage-backed ARS market failed, the clients lost their money.
 

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www.BackgroundNow.com was launched in 2003 and provides background check, fraud investigation services and court case document discovery and retrieval, such as "The Fraud Cases Against Julian T. Tzolov And Eric S. Butler" to customers throughout the United states. Also, its blog tracks current criminal and civil litigation stories. For more information, assistance with background checks or court case documents, contact Lee Hill, 1 (713) 784-3232 ext 3142 or visit www.BackgroundNow.com.

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