O'SHAUGHNESSY v. PALAZZO

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA DANIEL O’SHAUGHNESSY : : v. : CIVIL ACTION NO. 19-5115 : NICHOLAS PALAZZO, ET AL : ______________________________________________________________________________ McHUGH, J. NOVEMBER 10, 2020 MEMORANDUM Plaintiff alleges that he was recruited by Defendants to participate in a fraudulent “prime bank” scheme. See Am. Compl. ¶¶ 33-39, ECF 9. He alleges that Defendants misrepresented: (1) that a bond deal existed in which Plaintiff could participate by depositing money into an escrow account, and (2) that Plaintiff’s…