Wednesday, March 20, 2013

Federal prosecutors argue Cranston lawyer Caramadre's guilty plea should remain

 

10:45 AM EST | Wednesday, March 20, 2013

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Federal prosecutors argue Cranston lawyer Caramadre's guilty plea should remain


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March 12, 2013 11:39 am
By Katie Mulvaney
PROVIDENCE, R.I. -- Federal prosecutors are asking the court to let stand Cranston estate planner Joseph Caramadre's guilty plea to charges he defrauded terminally-ill people in an investment scheme.
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JOSEPH CARAMADRE
They ask Judge William Smith to reject as "buyer's remorse" and "arm-chair quarterbacking" Caramadre's motion to withdraw his plea because of his emotional state brought on by his wife's breakdown and what he called poor legal representation.
"A self-proclaimed master of exploiting contractual loopholes, Caramadre's latest now seeks to find a loophole in his guilty plea by blaming, among others, his wife, his lawyers, his psychotherapist, his co-defendant, and the court," prosecutors wrote.
Instead, they say, Caramadre knowingly entered a plea agreement after four days of "devastating" testimony in a likely three- to four-month trial.
More news in the trial of Joseph Caramadre

http://news.providencejournal.com/breaking-news/2013/03/federal-prosecutors-argue-cranston-lawyer-caramadres-guilty-plea-should-rem-1.html

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