Scott-Jones Bid-Rig Sentencing Delayed

WASHINGTON — Sentencing has been delayed until Oct. 25 for Adrian Scott-Jones, a former guaranteed investment contract broker who pleaded guilty in 2010 to charges of fraud and conspiracy in connection with alleged bid-rigging.

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Scott-Jones  who worked as a former consultant to Tradition Inc., a wholly owned company of Compagnie Financiere Tradition in Switzerland, and at Eurobrokers. He had been scheduled to be sentenced on June 22, eight weeks after testifying as a cooperating witness in the criminal trial against Steven Goldberg, Peter Grimm and Dominick Carollo, who were found guilty of wire fraud and conspiracy on May 11.

On April 26, Scott-Jones told prosecutors he finalized swap agreements over drinks with Goldberg in 1999. But Goldberg’s attorney, John Siffert of Lankler Siffert & Wohl LLP,  pointed out that tapes showed Scott-Jones never showed up for the meeting and that his associate told Goldberg he had been drinking.

Scott-Jones said during the trial that he had since enrolled in alcohol treatment and had not had a drink since January 2010.

But on April 27, Scott-Jones left the courthouse during a lunch break and never returned, leaving the defense unable to complete a cross-examination. Judge Harold Baer Jr. issued a warrant for Scott-Jones, but did not say why he failed to return. The reason was not identified in court documents. Goldberg’s lawyers asked for a mistrial but were unsuccessful.

In a May 17 letter to the judge, Antonia Hill, trial attorney with the Justice Department, requested that Scott-Jones bail conditions be modified to allow him to relocate from New York to near Atlanta, where his daughter has a home, until sentencing.

The letter said Scott-Jones was expected to be released from the hospital on May 18 and requested that his bail conditions include supervision and substance abuse and mental health counseling.

Hill asked that sentencing be delayed in a May 23 letter to the court. Baer approved the request June 5.

Attorneys in the case did not return calls for comment.


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