N.J. judge to decide whether to reopen Robert Brennan's bankruptcy case so regulators can recover funds | NJ.com

N.J. judge to decide whether to reopen Robert Brennan's bankruptcy case so regulators can recover funds | NJ.com: "After spending almost a decade in prison for bankruptcy fraud, notorious penny stock promoter Robert E. Brennan became a free man this month.
But he is by no means free of the legal system he fought for decades as head of First Jersey Securities, a defunct brokerage firm that bilked thousands of small investors. He and the firm were ordered to pay a $75 million civil stock fraud judgment, and Brennan ended up filing for bankruptcy.
Authorities have been trying for years to access his elusive family trust, an offshore account that has bounced around Europe, Africa and the Caribbean to avoid scrutiny.
A federal judge in Trenton is expected to decide today whether to reopen his bankruptcy case so regulators can recover money from the trust he set up for his children. The trust was valued at $6.4 million in 1998, according to bankruptcy court records."