After getting out of prison in 2007 for stealing $43 million from Merrill Lynch, Daniel Gordon quickly was back in business, loaning hundreds of thousands of dollars to pro athletes at interest rates topping 75 percent per year and on his way to making multimillion-dollar business deals, court records show, the Associated Press reported yesterday. However, Gordon is faced several lawsuits over his business dealings and remains mired in a chapter 7 bankruptcy case he filed nearly three years ago that includes allegations of theft and fraud against him made by his ex-wife, Laura Gordon, and pro basketball player Eddy Curry. After prison, Gordon "wasted no time resuming his fraudulent behavior," according to a document filed in the bankruptcy case by Laura Gordon. She accused Gordon of illegally drawing $3.5 million from her home equity line of credit on her Manhattan apartment beginning in February 2008, only four months after being released from prison. A court ordered Gordon to pay back the money. The bankruptcy trustee has also accused Gordon of hiding more than $7 million in assets from creditors through fraudulent transfers.
