The arrest of James Perdigao was headline news in November 2004.
James Perdigao, formerly of the New Orleans law firm Adams & Reese, was arrested on federal mail fraud charges, U.S. Attorney Jim Letten announced. The fraud amount was described as significant.
Perdigao was charged with scheming to defraud Pinnacle Entertainment Inc.’s Boomtown Casino by billing millions of dollars in false invoices for services that were not rendered. Perdigao remains in federal custody.
Letten said it appears other co-conspirators were involved and the investigation is ongoing. (emphasis added)
However, when the indictment came down in July 2007, no co-conspirators were named and Adams and Reese allowed the government to retain the $30,000,000 paid by the firm’s clients but deposited elsewhere by Perdigao. (emphasis added)
All but Perdigao appear to have been satisfied the crime was a one-handed operation that included the mail fraud cited at the time of his arrest – and, then again, maybe not given the allegations made in the RICO complaint Perdigao filed last week. After all, this is the Adams family:
It’s creepy and spooky,
Mysterious and kooky
30 million bills too ooky
For the Adams Family.
Not to even want to see ‘em
Letin’ other people keep ‘em
What a team
The Adams Family.
Need one to pin the blame on
Keep the public face on
With so many friends to call on
The Adams Family.
Since the Jackson office opened in 1996 – after Perdiago reportedly started diverting funds to these account – it has grown from nine attorneys to 23 attorneys with a total of 51 employees while other offices have been established across the south.
Could the $30,000,000 forfeited be linked to the lack of co-conspirators when the indictment was handed down and kept a family secret until Perdigao let it slip via his Motion to Recuse and subsequent RICO complaint – and, if so, does that account for the departure of five attorneys from the more recently established Nashville office last week?