People v. Raskin
Opinion of the Court
Judgment, Supreme Court, New York County (Herman Cahn, J.), rendered March 24, 1983, convicting defendant, after a jury trial, of scheme to defraud in the first degree, conspiracy in the fifth degree, securities fraud, and acting as an unregistered securities salesperson, and sentencing him to a prison term of 60 days and 5 years probation, unanimously affirmed.
Issues similar to those raised by defendant concerning the sufficiency of the proof of intent to defraud were rejected by this Court on appeals from several of his codefendants, who also participated as employees of Mineral Resources Corp. in a "boiler room” set up for the sale of the metal tantalum through unsolicited, but carefully-timed and scripted, telephone calls and follow-up mailing of promotional materials (see, People v
Case-law data current through December 31, 2025. Source: CourtListener bulk data.