Felix Sater Prevails in Court Case with Connections to New Attorney General Loretta Lynch

Attempt to Use Sater in Campaign Failed to Derail Lynch’s
Confirmation, and Sater’s Confidential Documents Have Been Ordered
Returned By Federal Magistrate

NEW YORK, NY / ACCESSWIRE / April 29, 2015 / Frederick
Oberlander and Richard Lerner, attorneys for Jodi L. Kriss, have been
ordered by a Federal Magistrate to return documents converted from Felix
Sater and the Bayrock Group or face imprisonment. The court order came
just days prior to Loretta Lynch’s confirmation as Attorney General.
Oberlander and Lerner had accused Lynch of misconduct in her handling
of the Felix Sater case in her role as US Attorney for the Eastern
District of New York, and questioned her nomination for Attorney
General.

Ms. Lynch confirmed the propriety of her actions with respect to Mr.
Sater’s case in testimony to Senator Orrin Hatch at the Senate Hearings.
Lynch told Sen. Hatch, “The defendant in question, Felix Sater,
provided valuable and sensitive information to the government during the
course of his cooperation, which began in or about December 1998. For
more than 10 years, he worked with prosecutors from my Office, the
United States Attorney’s Office for the Southern District of New York
and law enforcement agents from the Federal Bureau of Investigation and
other law enforcement agencies, providing information crucial to
national security and the conviction of over 20 individuals, including
those responsible for committing financial fraud and members of La
CosaNostra. For that reason, his case was initially sealed.”

Sater’s attorneys, Robert Wolf and Michael Beys have claimed in court
that, Lerner, Oberlander, and Kriss have used sealed documents without
authorization – which the courts found to have been converted from Sater – in
order to elicit a billion-dollar settlement in lawsuits brought by Kriss
(a disgruntled former business associate who was fired by Sater), in
partnership with his attorneys.

Wolf and Beys states this lawsuit, based on a 20- year-old crime, was
brought about against those who supposedly cooperated with
Sater-including Nixon Peabody, Morgan, Lewis & Bockius,
AkermanSenterfitt, Donald and Ivanka Trump, iStar Financial and a
federal prosecutor for the United States Attorney’s Office for the
Eastern District of New York.

Wolf and Beys describe, as part of their plan, Oberlander and Lerner
filed a series of lawsuits over the past six years and then continued by
going after Loretta Lynch herself with accusations.

Oberlander and Lerner’s misconduct has been uniformly condemned by
the United States Court of Appeals for the Second Circuit and several
Judges from the United States District Courts for the Southern and
Eastern Districts of New York. In connection with their conduct in the
courts of the Eastern District of New York, they were referred for
criminal investigation by Judge Brian M. Cogan, in that district. The
investigation is currently pending.

Sater’s attorneys believe Oberlander and Lerner’s purpose for Loretta
Lynch, among other things, was to claim retaliation by the Department
of Justice should the pending investigation lead to their prosecution.
“Loretta Lynch headed up Eastern District of New York as United States
Attorney. We believe Oberlander and Lerner planned to claim that any
prosecution was political, in response for their questioning of Ms.
Lynch during the confirmation hearing,” Beys stated.

Wolf and Beys continued, “We’re pleased Loretta Lynch has finally been
confirmed as Attorney General. Coupled with the fact that Oberlander and
Lerner have been ordered by a Federal Magistrate to return the
documents converted from our client, Felix Sater and the Bayrock Group, or
face imprisonment, we believe justice has prevailed.”

About Michael P. Beys, Esq

Beys Liston Mobargha & Berland LLP, with offices in the heart of
New York City, is a boutique law firm specializing in complex business
and commercial litigation, general transactional and business matters,
alternative investment fund representation.

Contact Information

mbeys@blmblaw.com

SOURCE: Beys Liston Mobargha & Berland LLP

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