San Mateo Superior Court
On February 14, 2017, CPM obtained a $1,295,579 dollar judgment on behalf of an elderly Bay Area resident who was the victim of financial elder abuse. As detailed in the Complaint, Mr. Kofman lost every penny of his carefully saved retirement funds—in total over $1 million—in a merciless scam. Over the past fifteen years, Defendant Alexy Pitt has left in his wake a series of failed business ventures which have harmed employees and investors alike. As alleged in the Complaint, while running an MLM – pyramid scheme scam, Pitt and Lucrazon used Mr. Kofman as a personal piggy bank, going so far as to fly the elderly Kofman down to Irvine when they needed more money. In response to Mr. Kofman’s pleas for repayment, Mr. Pitt told Mr. Kofman "Donald Trump says you need to withstand pressure to be successful in business." Mr. Kofman pursued the case not just in the hopes of recovering some portion of his retirement funds but also with the hope of protecting others who could fall prey to Mr. Pitt.
