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Date: 05-12-2023

Case Style:

United States of America v. Eric Lyons

Case Number: 1:22-cr-10233

Judge: Angel Kelley

Court: United States District Court for the District of Massachusetts (Suffolk County)

Plaintiff's Attorney: United States Attorney’s Office in Boston

Defendant's Attorney:

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Description: Boston, Massachusetts criminal defense lawyer represented Defendant charged with fraud.

Eric Lyons, 52, was accused of defrauding an investor of $72,000.

Between 2015 and 2017, Lyons participated in the operation of multiple investment funds, including the Synchrony Value Fund LP. Lyons defrauded an investor by allowing for the distribution of that investor’s gains, as well as a portion of their underlying investment, to other investors. The defrauded investor eventually liquidated their position in the fund, receiving approximately $72,000 less than the amount to which they were entitled.

United States Attorney Rachael S. Rollins and Joseph R. Bonavolonta, Special Agent in Charge of the Federal Bureau of Investigation Boston Division made the announcement. Assistant U.S. Attorney Christopher J. Markham of Rollins’ Securities, Financial & Cyber Fraud Unit prosecuted the case.

Outcome: Defendant was sentenced to six months of home confinement and 100 hours of community service. He was also ordered to pay $72,000 in restitution and place on probatino for two years during which he was prohibited from working as an investment advisor.

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