MIAMI (CBSMiami) – The bankruptcy trustee for Nevin Shapiro’s former company, Capitol Investments USA, has sued the massive law firm of Shook, Hardy, & Bacon to try to recover some of the money lost to Shapiro’s massive Ponzi scheme.
The lawsuit accuses attorney Marc Levinson and the entire firm of “aiding and abetting” Shapiro’s law breaking in his $930 million investment scam. Shapiro is currently serving a 20-year federal sentence for his role in the Ponzi scheme.
The Herald reported the firm gave advice to Shapiro from 2003-2009 on his investment in Axcess Sports & Entertainment, along with advice on his dealing with investors for his Miami Beach based Ponzi scheme.
The lawsuit said the law firm "knew Shapiro broke NCAA rules and Florida law by acting as an unlicensed sports agent who recruited Hurricanes players for the NFL, while providing them with cash and other gifts, such as parties at his Miami Beach mansion, his yacht, and local strip clubs..."(click pic to continue reading)