Thoughts Capital Ponzi scammer David Lee Kagel has fainted on the best way to his Thoughts Capital change of plea listening to.
As per a Could thirteenth minute entry on Kagel’s prison case docket;
[Kagel] handed out within the elevator on the best way to this listening to.
Paramedics are attending defendant, and he will probably be transported.
Kagel was scheduled to plead responsible to prison fees associated to his involvement within the Thoughts Capital Ponzi scheme.
In gentle of Kagel passing out, the courtroom rescheduled his change of plea listening to to Could twenty eighth.
Kagel, a lawyer who specialised in securities regulation, was disbarred for “misappropriating shopper funds” in March 2023.
Kagel was charged and pled responsible to at least one depend of conspiracy to defraud in June 2023.
Kagel assisted co-defendants David Gilbert Saffron and Vincent Anthony Maazzotta Jr. with defrauding customers by Thoughts Capital.
What particular fees Kagel pleads responsible to and the ensuing sentencing vary stays pending.