Michael Alcott was charged with bank fraud in September 2004 relating to a $2.5 million line of credit for his now defunct employment placement firm. The indictment alleges that he submitted a fraudulent audit opinion to the bank on the letterhead of a local auditing firm with the name of a fake partner.
Nevertheless, Mr. Alcott was free on bail pending trial. A couple of weeks ago, Mr. Alcott submitted a letter to the court in his case from a doctor at Masschusetts General Hospital. The doctor’s note stated that Mr. Alcott was being treated at the hospital for terminal cancer.
Yesterday, Mr. Alcott was arrested pending trial because the letter is a fake and he is not suffering from cancer.
H’mm, I don’t think Mr. Alcott should testify at his upcoming trial on that fake audit opinion. ;^)
Hat tip to the White Collar Prof Blog for the link.
Houston's Clear Thinkers
Longtime Houston attorney Tom Kirkendall's observations on developments in law, business, medicine, culture, sports, and other matters of general interest to the Houston business, professional, and academic communities.
This is pretty good. Two comments come to mind.
Remember the old TV show “Welcome Back Kotter”? In that non-PC world of high schoolers, there was a Puerto Rican kid named “Juan Epstein” who always used to bring a note to class excusing him from various things…..and the note was always signed “Epstein’s Mother”.
My contribution to this is to recount a truism I developed while working in the Emergency Department of the county hospital in Lubbock. The three phrases we most commonly heard were:
1) “Two beers” – as in “How much have you had to drink tonight?”
2) “Some dudes” – as in “Who did this to you?”
and
3) “Can I have a note for work?”
jrb