Attorney Allen Brotherton Speaks With WSOC News About Local Ponzi Scheme

[column parallax_bg=”disabled” parallax_bg_inertia=”-0.2″ extended=”false” extended_padding=”true” background_color=”” background_image=”” background_repeat=”” background_position=”” background_size=”auto” background_attachment=”” hide_bg_lowres=”false” background_video=”” vertical_padding_top=”0″ vertical_padding_bottom=”50″ more_link=”” more_text=”” left_border=”transparent” class=”” id=”” title=”” title_type=”single” animation=”none” width=”1/1″ last=”true”] [column_1 width=”1/1″ last=”true” title=”Attorney Allen Brotherton Speaks With WSOC News About Local Ponzi Scheme” title_type=”double” animation=”none” implicit=”true”]

Attorney Allen Brotherton recently spoke with WSOC TV news about the aftermath of a $1 million local Ponzi scheme. After deep negotiations, the judge rejected the government’s request for a much harsher sentence and went below the guideline range to drop the penalty from 57 months in prison down to 37.


“Nickolas Godfrey was sentenced to more than three years in federal prison Monday for his involvement in a $1 million Ponzi scheme.

Tricia Titus, a Charlotte-Mecklenburg Schools teacher said her family fell victim to Godfrey.

“We had to move out of our old neighborhood. We had to move to South Carolina because it’s more affordable,” said Titus.

Titus said Godfrey was her husband’s former employee who they trusted with their money.

“He took money from our savings account we had — at first very successful. He was providing what he said he would produce so we brought in family members, we brought in neighbors,” said Titus.

Titus said in 2012 Godfrey, who owned Bliss Salon in the Blakeney Shopping Center, convinced them to invest in small businesses, some of which didn’t exist.

Federal documents show that over the course of three years, Godfrey got more than $1 million from more than 20 victims through his company, Coast to Coast Business Funding.

The U.S. attorney’s office said Godfrey used his victims’ money to pay for personal expenses and to make Ponzi-type payments to earlier victims.

When victims started to complain, documents state Godfrey began creating a fake list of clients who Coast to Coast Business Funding had supposedly paid off.

“Its just unfortunate that he was malicious and was taking advantage of people on a regular basis,” said Titus.

Godfrey was sentenced to over three years in prison for securities fraud, wire fraud and transactional money laundering. He was also ordered to pay more than $1.6 million in restitution.

“He feels terrible about what happened. He just got in over his head,” Godfrey’s attorney, Allen Brotherton, said. “The lesson is when you get in over your head, don’t try to cover up and that’s the worst thing and that’s what we did.”

Titus said, “Justice will be served when everyone gets the money back.”

Godfrey was also sentenced for tax evasion. Prosecutors said he withheld federal taxes from his employee’s paychecks at two salons, Bliss Salon and Alter Ego.”

Original Article:

[/column_1] [/column] [column parallax_bg=”fixed” parallax_bg_inertia=”0″ extended=”true” extended_padding=”true” background_color=”#ededed” background_image=”” background_repeat=”” background_position=”” background_size=”cover” background_attachment=”” hide_bg_lowres=”false” background_video=”” vertical_padding_top=”30″ vertical_padding_bottom=”70″ more_link=”” more_text=”” left_border=”transparent” class=”” id=”REQUEST-CONSULTATION” title=”” title_type=”single” animation=”none” width=”1/1″ last=”true”] [text_divider type=”single”]

How Can We Serve You?
[/text_divider] [column_1 width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] [push h=”-20″]

Fields with * are required.

[push h=”20″] [/column_1] [column_1 width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”]

    *This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    I have read the disclaimer.Privacy Policy

    [/column_1] [/column]

    Recent News & Articles

    Contact An Attorney Today

    Mar 4, 2020
     by Anonymous on Knox Law Center
    Exceptional Legal Representation & True Professional, Genuine Individual

    I first met Allen after he was recommended to me by a friend, and I couldn't be happier with the service that he provided. He demonstrated a unique attention to detail in my case, as well as expressed a genuine interest in me as a person. Through a great deal of hard work, Allen was able to appeal my case and get all of my charges dismissed. I couldn't be more grateful for him and his assistant, Sherry, for their legal and personal support during such a difficult time. Hiring Allen was the greatest decision I've ever made, and I would recommend Allen to anyone seeking exceptional legal representation.

    Feb 23, 2020
     by Anonymous on Knox Law Center
    The most amazing lawyer, a true gem & winner

    Allen is the best lawyer I've ever met! His character is genuine, and there is a warmth about him that makes you feel so comfortable. If you ever get into a situation with DWI, and feel truly remorseful for what happened, HIRE him for the BEST chance possible. I previously spent 6000$ on an attorney who just didn't feel like they really gave me the personal care that I needed. They were only in it for the money. After hearing raving reviews about Allen, I fired my lawyer and took a leap of faith with Allen. Even though I had to pay two separate times and could not get a refund for the previous lawyer, IT WAS WORTH EVERY PENNY!!!! He won my case with dignity, respect, and care and I am forever thankful to him for this.

    Page 1 of 17:
    Call Knox Law