Paoloni v. Goldstein
United States District Court for the District of Colorado
331 F. Supp. 2d 1310 (2004)
Relevant factsFree
Doggett fraudulently sold viatical settlement contracts through the ABG Program and funneled proceeds through the Iglesias Family Trust, which used those funds to purchase a condominium Doggett now occupies, and the defrauded plaintiffs sought a constructive trust over the property along with an accounting of the trust's assets.
IssueFree
Whether, when property has been acquired in such circumstances that the holder of legal title may not in equity and good conscience retain the beneficial interest, a constructive trust may be created to compel the holder to convey the interest to the rightful owner.