Thoughts Capital Ponzi scammer David Lee Kagel has fainted on the way in which to his Thoughts Capital change of plea listening to.
As per a Could thirteenth minute entry on Kagel’s felony case docket;
[Kagel] handed out within the elevator on the way in which to this listening to.
Paramedics are attending defendant, and he will probably be transported.
Kagel was scheduled to plead responsible to felony costs associated to his involvement within the Thoughts Capital Ponzi scheme.
In mild of Kagel passing out, the court docket 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 1 depend of conspiracy to defraud in June 2023.
Kagel assisted co-defendants David Gilbert Saffron and Vincent Anthony Maazzotta Jr. with defrauding customers by means of Thoughts Capital.
What particular costs Kagel pleads responsible to and the ensuing sentencing vary stays pending.