Maxim Sale Fraud Rages on as Felon Mislead Investors

Maxim Fraud Alert

Cerberus Capital Management unloaded Maxim magazine in late 2013, going down as possibly one of the most litigious divestments in publishing history.

Lawyer Harvey Newkirk, formerly with the Bryan Cave firm, this week sits in the legal dock in Manhattan federal court, accused of concocting a fraud with Calvin Darden Jr., a convicted felon, to rob investors of millions of dollars by falsely presenting successful businessman Calvin Darden Sr. as the leading force behind the deal.

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