Ed Fagan
- January 5, 2024
- Lawyer
Quick Facts
Full Name | Ed Fagan |
Occupation | Lawyer |
Date Of Birth | Oct 20, 1952(1952-10-20) |
Age | 72 |
Birthplace | Harlingen |
Country | United States |
Birth City | Harlingen |
Horoscope | Capricorn |
Ed Fagan Biography
Name | Ed Fagan |
Birthday | Oct 20 |
Birth Year | 1952 |
Place Of Birth | Harlingen |
Home Town | Harlingen |
Birth Country | United States |
Birth Sign | Capricorn |
Ed Fagan is one of the most popular and richest Lawyer who was born on October 20, 1952 in Harlingen, Harlingen, United States. Claiming that the descendants of black American slaves still suffer, Fagan sued the UK’s oldest insurance market Lloyd’s of London for insuring ships used in the slave trade in the 1700-1800s. Fagan’s interest in financial compensation was immediately criticized by Kofi Mawuli Klu, the Chair of the Pan-Afrikan Taskforce for Internationalist Dialogue (PATFID); the Anti-Slavery Abolitionist Heritage Learning movement and member of the Pan-Afrikan Reparations Coalition in Europe (PARCOE): “We have to make sure that the focus does not shift from the broad, deeper understanding of reparations to just one of financial compensation, … We see action for reparations more as an educational issue of bringing masses of people into the fight against racism.”
Fagan’s finances and businesses started to collapse in the 1990s. According to public records and newspaper articles Fagan began to owe large amounts of federal income taxes. In 1996 the Nynex Corporation filed a $228,000 lawsuit against Odyssoe in a New Jersey court for unpaid advertisements services, a bill that was, according to a spokeswoman for Verizon, the successor to Nynex, not even paid in 2000. Facing an eviction proceeding for unpaid rent, Fagan was forced in 1997 to abandon his offices and rent space from a law firm in the World Trade Center.
In the 1995, Fagan filed lawsuits against Swiss banks which had refused to repay money that belonged to Holocaust victims. The banks in question settled the claims outside of court, resulting in a payout of US$1.25 billion.
In 1998 Judge Sterling Johnson Jr. of Federal District Court dismissed the federal lawsuit of Mr. Ortiz, noting that Mr. Fagan, his attorney, had “failed to prosecute” it for three years and had ignored court orders. The lawsuit of Mr. Ortiz, then a 49-year-old truck driver involved in a traffic accident, started in 1994, when Mr. Fagan filed a $35 million lawsuit on his behalf in federal court in Brooklyn and State Supreme Court, but Fagan failed to pursue the case after 1996. After that Fagan did not see, visit, or speak with his client.
According to news reports by CNN, the “maverick lawyer” attempted to file a $50 billion class action lawsuit against Swiss UBS and Credit Suisse and U.S. based Citicorp Inc. for providing funds to the South African apartheid government during 1985 and 1993. Swiss Foreign Ministry spokesman Ruedi Christen dismissed the lawsuit with the following words: “It’s another unjust attack against Switzerland,” an opinion shared in Switzerland, where citizens told Fagan to “Go home!” and “Wash your dirty linen elsewhere”, when he held a news conference on Zurich’s Paradeplatz, home of the two biggest banks of Switzerland: Credit Suisse and UBS.
Ed Fagan Net Worth
Net Worth | $5 Million |
Source Of Income | Lawyer |
House | Living in own house. |
Ed Fagan is one of the richest Lawyer from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Ed Fagan 's net worth $5 Million. (Last Update: December 11, 2023)
Edward Davis “Ed” Fagan (born October 20, 1952) is a former American reparations lawyer who was disbarred for his conduct involving dishonesty, fraud, deceit, or misrepresentation. Fagan lost his license in both New York and New Jersey for failing to pay court fines and fees and for stealing client money and escrow trust funds from Holocaust survivors. He currently lives in Boca Raton, Florida.
Fagan was born in Harlingen, Texas and raised in a Conservative Jewish home in San Antonio, Texas and has two children. Prior to embarking on his legal career, he traveled to Israel to take part in the Yom Kippur War. After returning to the US, he enrolled in Cardozo School of Law and graduated in
- He initially worked as a personal injury lawyer, then worked with a large law firm, representing corporate defendants, before he started an exploration club for the wealthy in the 1980s, allowing rich customers to visit exotic locations, entertained and accompanied by scientists and environmentalists. A nonprofit venture of the business, the Odyssoe Foundation, was created in 1991, but collapsed with the entire enterprise.
In another case Mr. Fagan failed to submit a claim for Mr. Tom Giron to a New York state fund that compensates victims of uninsured motorists. Mr Giron was struck and severely injured in 1992 by a car reported stolen, but did not receive any compensation, because, according to Jeffrey Rubinton, the fund’s president, a claim was never filed and “its records showed that such an action had not been pursued and that the statute of limitations on making one had long expired.” Another client, Offer Salmoni, won a $167,000 malpractice judgment against Mr. Fagan, because Mr. Fagan repeatedly failed to make court appearances in his eviction case, and so the statute of limitations expired without refiling.
Height, Weight & Body Measurements
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Who is Ed Fagan Dating?
According to our records, Ed Fagan is possibily single & has not been previously engaged. As of December 1, 2023, Ed Fagan’s is not dating anyone.
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In 2004, Fagan filed a federal lawsuit in Manhattan for a non-existent group called the Association of Holocaust Victims for Restitution of Artwork & Masterpieces (AHVRAM) against Bank Austria Creditanstalt AG and other European corporate, governmental and financial institutions for $6.8 billion. The lawsuit alleged the theft of artworks and other property during World War II’s Holocaust, but was dismissed by US District Court Judge Shirley Wohl Kram on Aug. 19, 2005, because Fagan failed to state any basis for federal court jurisdiction of the “frivolous” and “bad faith” lawsuit. Kram noted that the “plaintiff organization AHVRAM did not exist,” Fagan’s “lack of preparation and professionalism, his ‘glaringly inadequate filings,’ and the fact that he deceived the court”. Fagan’s failure to pay the more than $350,000 in fines and litigation costs to the Bank Austria Creditanstalt AG led to his bankruptcy and disbarment.
Facts & Trivia
Ed Ranked on the list of most popular Lawyer. Also ranked in the elit list of famous people born in United States. Ed Fagan celebrates birthday on October 20 of every year.
The Jewish Daily The Forward reported in October 2005 that Ed Fagan was engaged in a legal investigation about published accusations and sexual contacts with underage prostitutes in Austria. Austrian print and broadcast media reported that the state prosecutor in Vienna is looking into Fagan’s contact with a prostitution ring that involved underage girls from Eastern Europe. Fagan confirmed the sexual contacts with a 17-year-old Lithuanian prostitute named Inga but claims that he believed the prostitute to be at least 22 years old. Although prostitution is regulated in Austria, it is still illegal to knowingly hire a prostitute under the age of 18. The maximum sentence, according to § 207b (Sexual abuses of adolescents) of the Austrian Strafgesetzbuch (Criminal law) is 3 years of imprisonment.