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ATTORNEY GRIEV. COMM'N v. MARTIN

Misc. Docket (Subtitle BV) No. 11, September Term, 1986.

308 Md. 272 (1987)

518 A.2d 1050

ATTORNEY GRIEVANCE COMMISSION OF MARYLAND v. EARL LEROY MARTIN.

Court of Appeals of Maryland.

January 6, 1987.

Attorney(s) appearing for the Case

Melvin Hirshman, Bar Counsel and Kendall R. Calhoun, Asst. Bar Counsel to the Attorney Grievance Com'n of Maryland, for petitioner.

Joseph L. Gibson, Jr., Washington, D.C., for respondent.

Argued before MURPHY, C.J., and ELDRIDGE, COLE, RODOWSKY, COUCH, McAULIFFE and ADKINS, JJ.

McAULIFFE, Judge.

Joseph and Eloise Pickeral ("the Pickerals") contracted with Life Investors Group, Inc. ("Life Investors") for investment counseling and service and management of investments. Additionally, they delivered to Life Investors more than $30,000 for investment in an arrangement that was to return the principal plus 30% interest in 90 days. The investment opportunity turned out to be nothing more than a "ponzi scheme"1 and...

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