Saturday, January 10, 2009

$300 million SEC Fraud Case includes related actions against Paris Hilton and Michael Malik

8.15.08


MIAMI (CelebrityAccess MediaWire) -- Attorney Michael Goldberg, the receiver for Jack Utsick's Worldwide Entertainment has filed a lawsuit against heiress socialite Paris Hilton seeking recompensation for profits allegedly lost in a promotional contract for the 2006 film "National Lampoon’s Pledge This!"

According to the South Florida Business Journal, Goldberg filed the lawsuit as a part of his duties as receiver.

Hilton had been hired by one of Worldwide's subsidiaries, Entertainment Group Fund, at the sum of $1 million to promote the film that she also starred in. However Goldberg now contends that she didn't hold up her end of the bargain and is seeking in excess of $75,000 in compensation from Hilton.

In the lawsuit, filed in U.S. District court in Miami, Goldberg asserts that "Hilton failed to attend any talk shows or telephonic or in-person interviews."

Goldberg has been serving as the receiver for Jack Utsick's Worldwide Entertainment for two years after the SEC sued Utsick for fraud, finding that his entire company was in essence a ponzi scheme.

Hilton's attorney was unavailable for comment.



NOTE: Receiver Goldberg has also gone after others whom he alleges unduly were awarded "profit payments" by various of the Receiver Entities. Among those, is Michael J. Malik, Sr. of Detroit whom Goldberg alleges received such fraudlent transfers of more than $2.1 million. Malik and his affiliates are partners with Marian Ilitch whose family owns Detroit's Fox Theatre; manages Detroit's Cobo Arena, Masonic Lodge Theatre, Comerica Park and Joe Louis Arena; and owns the Detroit Tigers, Detroit Red Wings, MotorCity Casino, Olympia Entertainment and Little Caesar Enterprises. Malik shares offices with other Ilitch Holdings Inc. executives in the Fox Theatre Building.

Goldberg v. Malik.

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Ilitch has backed loosing sports teams and pizza, but casinos in Detroit? Forbes.com 10.09.06 ● Marian Ilitch #1 on "25 Most Powerful People" to Watch 2006” global gaming business o1.oo.o5 ● My Kingdom for a Casino Forbes 05.08.06 ● Big Lagoon’s casino dream awakens north coast journal 07.28.05 ● Shinnecocks launch legal claim to Hamptons land newsday.com 06.16.05 ● Ilitch Plans to Expand Casino Empire RGTonline.com 07.05.05 ● Ilitch outbids partners MichiganDaily.com 04.14.05 ● Ilitch enmeshed in NY casino dispute detnews.com 03.20.05 ● Marian Ilitch, high roller freep.com 03.20.05 ● MGM Mirage to Decide on Offer for Casino in Detroit rgtonline.com 04.16.05 ● Secret deal for MotorCity alleged freep.com 02.15.05 ● Los Coyotes get new developer desertdispatch.com 02.08.05 Detroit casino figure to finance Barstow project LasVegasSun.com 07.07.03 ● Indian Band trying to put casino in Barstow signonSanDiego.com 06.04.03 Pizza matriarch takes on casino roles detnews.com 10.23.02 ● Vanderbilt gets short straw in negotiations for a casino Lansing Journal 10.06.02 ● Indians aim to drive family from tribe in vicious dispute san diego union tribune 04.09.00 ●Malik owns 2000 Michigan Quarter Horse of the Year Michigan.gov 01.01.00 ● Detroit Team to run Michigan’s newest Indian casino detnews.com 05.23.99 Tiger ties tangle Marian Ilitch detnews.com 04.29.99 ● Three investors must sell their Detroit casino interests gamblingmagazine.com 04.25.99 ● Partners’ cash revived election; They say money was crucial to Prop-E detnews.com 04.25.99 Investors have troubled histories las vegas review journal 04.27.99 ● Investor served probation for domestic assault on 12 year old boy detnews.com 04.25.99 Can a pair win a jackpot?: local men hope to... crainsdetroit.com 03.17.97

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