Overview
- U.S. District Judge Josephine L. Staton sentenced Girardi to 87 months in prison on four wire fraud counts following his August 2024 conviction.
- He must surrender by July 17 and pay $2.31 million in restitution plus a $35,000 fine.
- Prosecutors say Girardi ran his firm like a Ponzi scheme between 2010 and 2020, misappropriating over $25 million in settlement funds for personal luxuries and to finance Erika Jayne’s entertainment career.
- Girardi Keese collapsed into involuntary bankruptcy in late 2020 and Girardi was disbarred by the State Bar of California in 2022.
- His estranged wife, reality star Erika Jayne, was never charged in the fraud case and filed for divorce in 2020.