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New Jersey USA Timeshare News: July 22, 2017

It's Happy Hour at The GateHouse>> EASTERN USA TIMESHARE NEWS:

CAMDEN: At last…

Joshua Gayl, the house attorney for VO Financial, has finally been sentenced for the part he played in the VO Group timeshare transfer scam case. Having previously pleaded guilty before U.S. District Judge Noel L. Hillman to an information charging him with one count of conspiracy to obstruct justice, the judge imposed a sentence of 12 months in federal prison.

This sentence effectively closes out the VO Group/VO Financial fraud cases except for the appeals filed by Adam Lacerda and Ian Resnick, who were sentenced to 27 years and 18 years, respectively.

In a nutshell, following an investigation by the FBI Adam and Ashley Lacerda, Ian Resnick, and several others were charged in April 2012 with conspiracy to commit mail and wire fraud based on their actions at the Vacation Ownership Group (VO Group), which offered phony consulting services to owners of timeshares. After they were charged, the Lacerdas formed VO Financial to succeed the VO Group and it was business as usual. Gayl was hired as general counsel for the new company, which the Lacerdas continued to run through their July 2013 criminal trial.

The charges against Gayl were what we non-lawyers, who learned everything we know about it from movies and TV shows, call “witness tampering”. His plea deal reduced the original charges to one count of misleading a witness in the VO Group legal case against the Lacerdas et al. You can get the details in this recent press release from the DOJ. It’s worth the read.

By the way, the appeals filed by Adam Lacerda and Ian Resnick, contesting their convictions AND the length of their sentences, are still in limbo. There’s nothing to see there yet, although the court did point out somewhat crossly that it disfavors a lot of requests for continuations.

Personally, I’m guessing that ultimately the appeals court will reduce the length of the sentences. By how much? Your guess is as good as mine. Stay tuned for more about that.



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2 comments

  1. theLaw

    I still think adam got to much time PERIOD! Listen he deserved to go to jail 110% BUT 27 years! Thats what some not all but some murders get, I mean come on. They made an example out of him because he didnt stop when he had the chance and he did things to piss them off. That is why he got some much time so i guess you can say it was his fault but 27 years for what he did idk about that . many have stolen more and gotten half the time he did




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  2. pWarrior

    I still think Adam got too much time compared to what his wife got, they were partners!!




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