Local money manager needs new lawyer in dispute with SEC

DETROIT (AP) -- A Michigan money manager accused of fraud needs fresh legal help after his attorney was convicted in North Carolina.

A federal judge in Detroit has temporarily suspended the government's civil case against John Bravata. A status conference is set for Jan. 18.

The Securities and Exchange Commission accuses Bravata of running a $53 million real-estate investment scam from his offices in Southfield. He denies it.

Bravata had been represented by attorney Greg Bartko of Berkeley Lake, Ga. But Bartko was recently convicted in a financial fraud case in Raleigh, N.C. It's separate and unrelated to Bravata's dispute with the SEC.

A message seeking comment was left for Bravata on Wednesday.

Published: Fri, Dec 3, 2010