Pietragallo’s Joseph Mancano Presents At The Pennsylvania Institute Of Certified Public Accountants (PICPA) Forensic And Litigation Services Conference

On November 28, 2012, Joseph D. Mancano, Chair of the firm’s White Collar Criminal Defense Practice Group, was a co-presenter with Louis Lappen, Assistant United States Attorney, E.D.P.A., at the Pennsylvania Institute of Certified Public Accountants (PICPA) Forensic and Litigation Services Conference.  The presentation was entitled “Opening Statements From Prosecutor and Defense – USA v. Joseph Connors”.  The presentation was part of a case study involving the federal government’s prosecution of Joseph Connors, who was charged with engineering a $35 million dollar bank fraud.  Connors who was the CFO of Kleinert’s , Inc., a manufacturer of children’s apparel, was charged with artificially inflating the fiscal condition of Kleinert’s on financial disclosure reports the company was required to submit to its lenders under various revolving credit facilities.  The government charged that Connors had created a rosy picture of his company’s fiscal condition in order to continue to obtain funds from the company’s banks.  Mr. Mancano presented the defense perspective of the case.