RHOBH’s Meets RICO
MY TURN RICO stands for Racketeer Influenced and Corrupt Organizations Act (18 U.S.C. §§ 1961–1968) and was designed to stop the Mafia, La Costa Nostra, wise-guys, etc.
As RHOBH’s Erika Jayne saga unfolds, the extent to which Erika participated in corrupt activities is murky, except for her spending vast sums of money.
According to Los Angeles attorney, James Spertus, of Spertus, Landes & Umhofer, who is suing Erika Jayne and Tom Girardi, Girardi’s activities may be likened to a Ponzi Scheme. Substantial funds from lawsuit settlements seem to have been withheld from the victims but instead squandered in a lavish lifestyle of mansions, trips, expensive cars as if Girardi were a Televangelist. Like Bernie Madoff, Girardi thought he could pay earlier clients from later settlements, but Erika was an unsustainable drain on Tommy’s funds. Erika’s ability to spend was unlimited; Tom’s ability to earn was finite.