Errol Henry Stambler – in person

Stambler represented an Italian financier charged with defrauding investors of $1.2 billion in Hollywood deals, among them the purchase of MGM through Canon-Pathe. Stambler devised a plea agreement in which his client pleaded guilty to conspiracy, two counts of securities fraud, and two counts of filing false reports with the SEC. He was sentenced to 41 months in an Italian prison, fined $100,000 and banned from entering the United States for 10 years. This client is now living in Italy and has yet to serve the sentence. His potential exposure without the plea agreement could have resulted in a 25-year sentence and a fine totaling millions of dollars.

Stambler represented a principal defendant in the largest money-laundering case in U.S. history, “Operation Polar Cap.” His client, a member of “La Mina” (the mine), a Los Angeles-based organization with ties to the Medellin Drug Cartel, was accused of operating a front company that received cash from drug sales which he would ship to gold refiners. The network, which stretched from Los Angeles to New York, was uncovered after a three-year investigation and involving the DEA, the FBI, the IRS and U.S. Customs. This client was charged with money laundering. This client cooperated with the authorities and received a five-year sentence. Everyone else convicted in the case got life sentences. “Washed in Gold,” by journalist Ann Woolner, details the history of this case.

Stambler took a perjury case to the U.S. Supreme Court after a three-judge 9th Circuit panel decided that a change in the law after the trial court judgment did not affect the fairness of the initial proceeding. Later, sitting en banc, the 9th Circuit reversed Keys’ conviction on equitable grounds. While the writ of certiorari was pending, the U.S. Supreme Court, that court decided another case similar to his client’s. His case was remanded back to the 9th Circuit, which upheld the conviction.

Stambler handled the highly publicized federal trial in which the defendant was charged with wire fraud, money laundering and income tax evasion. Prosecutors alleged this client was a con artist who engaged in a commodities scam that spanned several continents, that he claimed to be friends with prominent American citizens and politicians and that he had a history of fraud dating back to the 1940s. Stambler arranged a plea deal in which the client would receive an 18-month sentence; however, the client decided to go to trial. He was convicted on some of the charges and although he faced a potential of 270 years in prison, he was sentenced to 97 months and fined approximately $200,000.

Stambler represent an alleged Mexican Mafia member who at the time was #10 on the FBI’s most-wanted list. This client, who pled guilty to drug trafficking and RICO violations, was sentenced to 156 to 170 months in prison. On appeal, the 9th Circuit ruled that the facts didn’t support the sentence and reversed and remanded. Vasquez was resentenced to his time served, which was 56 months.

In this current case, Stambler represents a real estate appraiser in a high-profile Los Angeles bank fraud case involving allegations of money laundering and millions of dollars in inflated appraisals. Robinson is accused of inflating appraisals on more than 20 homes and receiving hundreds of thousands of dollars in fraudulent fees.