Michigan Porn Lawyer Charged With Bank Fraud

Michigan Porn Lawyer Accused Of Using “Straw Buyers” On Construction Loans

Porn Lawyer
Porn Lawyer Paul Nicoletti

Porn Lawyer Paul Nicoletti is in trouble with the law. He has been accused of bank fraud. Paul Nicoletti oversees a network of porn lawyers in several states. Nicoletti regularly sues thousands of Internet users for downloading his clients’ pornographic movies.

Nicoletti’s main client Malibu Media has filed more than 4,300 lawsuits since 2009 according to a report by Lex Machina.

Porn Lawyer Paul Nicoletti was indicted on four charges of bank fraud stemming from real estate deal he was a part of in 2005. The charges were unsealed three weeks ago and were published on Saturday by the blog Fight Copyright Trolls.

The indictment alleges that the Porn Lawyer arranged several construction bank loans from Fifth Third Bank. Prosecutors also say the Porn Lawyer and several co-conspirators used “straw buyers” to arrange for construction loans. The straw buyers were paid a fee for use of their names and credit histories. The straw buyers also allegedly wrote false information on the loan applications to qualify.

The feds allege Porn Lawyer Nicoletti was involved with two fraudulent loans. Two loans were for $2.66 million each and another loan for $3.57 million according to the indictment.

Read more at MFI-Miami