Charles Lewis, former Lehman Brothers executive and current investment newsletter author, is happy to give the couple he allegedly ripped off their money back. But he will not say that they were ripped off! For to do so would be to admit that he and Carl Icahn aren’t buddies, and that, my friends, is a bridge too far, even if Carl Icahn doesn’t know who the hell he is.
Lawyer Albert L. Jacobs Jr. and his wife sued Charles Lewis, the former vice president of the now-shuttered Shearson Lehman Bros., last May after the Wall Street veteran promised to make them a 15 percent return on their $860,000 investment by parking it with his friend’s “Icahn Bank….”
“Among other things [Lewis] falsely claimed that he was affiliated with Carl Icahn,” the suit says.
When Lewis, 84, wouldn’t return the money, Jacobs, 75, contacted Icahn and learned the “Icahn Bank” didn’t exist and the billionaire had never heard of Lewis.