Tulsa Attorney Faced Accusations Before

Tuesday, February 10th 2009, 10:17 pm
By: News On 6

By Ashli Sims, The News On 6

TULSA, OK -- Of the five people indicted in the $41 million, a Tulsa attorney faces the most counts of wrongdoing.  George David Gordon is accused of conspiracy, fraud, money laundering, and obstruction of justice.  It turns out; this is not the first time the attorney has been accused of scamming investors.

02/10/2009  Related Story:  Major Fraud Probe Unveiled In Tulsa

According to federal prosecutors, George David Gordon lives near 107th Street and South Sheridan.  The feds are going after the mansion because they say it was paid for with illegal profits from Gordon's pump and dump scheme.

Federal prosecutors say Gordon bought up penny stocks, bragged about their potential value in blast emails and faxes, and sold them when the price peaked, raking in millions.

But, it is not the first time Gordon has faced such allegations.  The New York Times reported in 2005 he was actually sued by his own brother over similar claims.

In a story called a "Mini-Enron on Every Corner," the Times profiled the Gordon brothers and the rise and fall of their jewelry company.  According to the story, Gordon's brother Greg and his father accused him of stock fraud.

Gordon fired back that his brother squandered millions, running the jewelry business into the ground.

Greg Gordon's lawsuit against his brother was tossed out of court, but a bankruptcy examiner did implicate that David might have acted improperly.

David Gordon's name also pops up in a Dallas Morning News article also about a business deal that ran afoul of the law.  In that story, Gordon is called either "one of the smartest securities lawyers in the country or the mastermind of the pump and dump stock fraud."

Gordon has an office in Tulsa, near 61st and Memorial.  The door was locked when The News On 6 stopped by.  Two people peeked around the corner, but refused to open the door.