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Another Ira Sorkin Client Ponzier-Turned-Chef To Cook For Oscars Before Reporting To Prison

Tyler Durden's picture




 

Vincent Montagna, who ran hedge-fund Tiburon Partners from 1998 to 2002 before being charged by the SEC for defrauding 70 investors out of $10 million, pled guilty to securities fraud, investment advisor fraud and wire fraud, and who was sentenced to 40 months in jail, is scheduled to start serving his sentence on March 20. The prosecution had been seeking a term of 9 years against Vincent, however his lawyer, none other than Bernie Madoff's defense attorney Ira Sorkin managed to drop the sentence to a little over 3 years. Sorkin it seems has a soft spot for alleged and sentenced Ponzi perpetrators, as the original SEC charge against Montagna was that he schemed to defraud investors by overstating assets, concealing conflicts of interests and diverting clients' money for his own use. Speaking of conflicts of interest, while there had been some recent brief discussions about Ira Sorkin's own conflicts of interests dealing with Bernie Madoff, especially his deceased parents' Nathan and Rosalie Sorkin Madoff accounts, none have yet been uncovered in the Montagna case.

While it is unknown if Montagna shares anything else with Madoff aside from a common lawyer, Sorkin declined to comment on whether the 36 year old ex manager ratted out any other Ponziers to the government in exchange for a reduced sentence. And Vincent is not really getting off too easy: he must forfeit $686,000 and property in Pennsylvania and Nevada, and any future income must go to paying the $7.7 million he owes investors.

Sorkin managed to do an impressive job of letting Montagna do much more while on bail than his other notable client who is under perpetual house arrest. Following his arrest, Montagna posted $300,000 bond and remained free, living with his family in Doylestown, PA. While awaiting his sentencing, Montana was given travel waivers and was allowed to fly to Florida, California Hawaii and elsewhere.

Amusingly, beginning November 2006, Montagna started work as a freelance chef for Wolfgang Puck, demonstrating that even convicted white-collar criminals can get jobs. Vincent was in fact expected to cater an Academy Awards dinner before going to jail. While Vincent was originally supposed to report to prison on March 6, Judge Koeltl extended the reporting date to March 20 so the Ponzier could attend his son's fifth birthday party and cook for an Oscar event.

 

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Sat, 04/11/2009 - 20:55 | 1820 Anonymous (not verified)
Anonymous's picture

Morgantown FCI- You must really be the pathetic one!! It is over about a year old now and you are still going strong!!! Get a life man!!! By the way... I was the one who posted the "anonymous" blog after after "james".. not Vinny!!! You rednecks are retarded!!!!

Mon, 04/13/2009 - 00:09 | 1821 redneck wit down syndrome (not verified)
redneck wit down syndrome's picture

your right. i think instead of writing anymore, i will go cheat on my pregnant wife. thanks for the wake up call.

Sun, 04/19/2009 - 03:59 | 1822 Anonymous (not verified)
Anonymous's picture

Vincent = douche bag

Sun, 04/19/2009 - 04:01 | 1823 Anonymous (not verified)
Anonymous's picture

or just a douche

Mon, 04/20/2009 - 21:02 | 1824 doylestown (not verified)
doylestown's picture

ok, i just read all these blogs and find the defenders hilarious, especially the last one. how exactly did he intend to "bust his hump" to support his family in the doylestown restaurant when he was about to be sentenced? it doesnt make ny sense.
i truly enjoy the comical statements defending vinnie, especially the last one that cites "rednecks" and "retards." \

i am impressed to read that doylestown is really known for its "rednecks," whatever that is supposed to mean. regardless, in doylestown, we love to pay for $300 bottles of wine at dinner when an untalented name dropping fraud orders it at wolfgang pucks american grille and doesnt pay for it because he "forgot his credit card." we also like to have people open very original new york and LA stlye restaurants, that share the name, decor and menu of a new jersey/ miami franchise named RARE: the steak house (http://www.rarestk.com/). we also enjoy working with people who mock every other restaurant in town because they were "stealing our ideas." that creates a really great local client base when you are alienated and garner a terrible reputation within two months of being open.

is it the originality that vinnie brought to the table that must have truly impressed his defender/ girlfriend/ idiot. since you, whoever you are, lived in vinnie's "community" in buckingham, how do you manage to keep the rednecks out when they are literally in your backyard?
you are a complete imbecile, because most of his neighbors HATE him. this i know for sure; they all go to the same gym and can't shut up.

Tue, 04/21/2009 - 23:11 | 1825 Anonymous (not verified)
Anonymous's picture

Woow!!!! The sad part is that this guy Vinnie isnt missing a beat and cares nothing about you, the restaurant, this blog or the recent past; while, all you of you cant move on!! Who really is the loser????

Fri, 04/24/2009 - 03:36 | 1826 Anonymous (not verified)
Anonymous's picture

you are the real loser. but you already know that

Sun, 04/26/2009 - 18:56 | 1827 another redneck that hates vinnie (not verified)
another redneck that hates vinnie's picture

to the author of april 21st's blog comment who wrote that vinnie's 'not missing a beat and cares nothing about us.' i would suggest that he is missing not only several beats but the entire tune. he is prison you idiot, where the internet is prohibited. although, he definitely cared about the comments prior to going to prison; he wrote several entries on the page and made a fool of himself by writing under former employees names. maybe you can print out the comments for him and present them to him on your congecal visits, if they allow them for extramarital affairs. also, the answer to your question "who really is the loser?," is quite easy to answer; it is vincent montagna and those people who are associated with him. can you deny that you moron?

Mon, 04/27/2009 - 10:40 | 1828 Anonymous (not verified)
Anonymous's picture

By the way.... There is no internet in prison!! You really are dumb!

Sat, 05/02/2009 - 01:15 | 1829 Anonymous (not verified)
Anonymous's picture

whoever wrote the apr 21 blog, you need to take some courses in grammer. even retarded rednecks from doylestown know how to use semicolons.

here is your grammatically incorrect sentence: "The sad part is that this guy Vinnie isnt missing a beat and cares nothing about you, the restaurant, this blog or the recent past; while, all you of you cant move on!!"

you are a fucking idiot. the proper way to write that would be: the sad part is that this lying, cheating, criminal vinnie isn't missing a beat and cares nothing about you, his family, the restaurant, this blog or the recent past, while all of you can't move on.

you understand that moron?

Thu, 05/07/2009 - 21:07 | 1830 Anonymous (not verified)
Anonymous's picture

to the person who posted on the 27th. prohibited, is the same as, the is no internet in prison. before you decide to call someone dumb, you might want to check out what big words mean. kinda shocked you can use a computer.

Sat, 05/16/2009 - 03:48 | 1831 not in prison (not verified)
not in prison's picture

what do you expect from the poster of the 27th? they can't even articulate sentences properly, or make a coherent statement in defense of their criminal friend. their posts, i will assume they are from the same person, refer to people from doylestown as rednecks and retards; i am not sure what to make of that, are we that bacwards because we dont appreciate criminals with bloated egoes defiling our presence? anyone who defends someone who has no respect for anyone, including his own wife, is a worthless human being. i would gladly fill the label of redneck and retard if that is the antithesis of the one who made that comment.

Fri, 05/29/2009 - 17:33 | 1832 Anonymous (not verified)
Anonymous's picture

heidi and amber....enough said. the guy is a lowlife

Fri, 06/05/2009 - 23:56 | 1833 Anonymous (not verified)
Anonymous's picture

i'm sure he is finding fine ass where he is now.

Sat, 06/06/2009 - 14:52 | 1834 Anonymous (not verified)
Anonymous's picture

montagna relatives sightings in doylestown-
the white escalade that houses the unjailed remamnants of the great chefs family was spotted this week at kmart and pulling out of Burger King on main st.....now that hes in jail, i guess his family cant participate in "bringing a bit of LA and NY to us hillbillies." kmart- that is white trash, not redneck. maybe it is the martha stewart connection that draws them there.

Sat, 06/06/2009 - 16:51 | 1835 Beverly (not verified)
Beverly's picture

I am Vinnie's Aunt and all I can say is that all of you sound like a bunch of disgruntled ex-employees who need to get a life. You all have too much time on your hands. If God-forbid any of you make a mistake, this is what you can expect from your "friends". Vinnie is paying his debt and he will be a better person when he comes out. Can you say the same for yourselves? Get a life and leave him and his family alone. That is just plain cruel and none of you are cruel-are you!

Mon, 06/08/2009 - 03:11 | 1836 beverly hillbilly (not verified)
beverly hillbilly's picture

aunt bev- we can't say the same for ourselves because we wont be coming out of prison better people, because we did not commit federal offenses are not in prison. fraud is not a mistake, it is a contrived and premeditated offense that warrants more extreme punishment than he recieved. if he didnt do the things that he did in doylestown and treat people the way he did, this wouldnt be happening. i am sure you would love to know some of the other things he did; they too are far beyond mistakes.

Mon, 06/15/2009 - 20:52 | 1837 Anonymous (not verified)
Anonymous's picture

WOW!

Tue, 06/16/2009 - 22:11 | 1838 Anonymous (not verified)
Anonymous's picture

the sad thing is that all that bad stuff about him is true...he is the worst person i have ever met

Wed, 06/17/2009 - 18:20 | 1839 Anonymous (not verified)
Anonymous's picture

i wouldn't say it's sad. the guy is a real bad person. he got what was coming to him, and he should have gotten more. anyone who looses sleep over this shit head, were those who lost their money trusting him. and now we ALL know, no one ever should.

Wed, 06/17/2009 - 20:16 | 1840 vintard (not verified)
vintard's picture

aunt bev-
do adultery and drug use run in the family? if so, there is a great rehabilitation facility in doylestown named Aldie; although the majority of us in rednecks and hillbillies in doylestown are addicted to moonshine, corn likker and meth, not those classy ny and la drugs like vinnie. i think the counselors there are adept to treating all sorts of addictions though, maybe even the dreaded s.w.a.t.t. syndrome(S.leeping W.ith A T.railer T.ramp) that your nephew tragically became compusively engaged in. i wish you the best.

on second thought, F.U.

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athenal's picture

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