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The real villain? Shmuel Shmueli hired and fired more than two dozen lawyers in his 10 lawsuits against Frank Parlato and Lawrence Reger. Shmueli lost every single lawsuit. Parlato and his attorney, Paul Grenga, alleged Shmueli was engaged in “litigation financing “luring investors with false claims about his need to pay lawyers for the lawsuits against Parlato and Reger. As court records unmistakably show, Shmueli stiffed more than two dozen lawyers and sued or was sued by one after another of his lawyers in succession in Western New York, Brooklyn and China. Parlato published a series of articles on Shmueli, who is presently suing his own mother and brother, alleging Shmueli, a ruthless serial litigator, pocketed the litigation funding by not paying his lawyers and committed fraud by claiming an ownership interest in the Parlato companies by creating fictional companies with the same names in different countries. The Government showed little interest in pursuing Shmueli despite the fact that Parlato offered to provide evidence that Shmueli defrauded Parlato partner Larry Reger, Paul Grenga, and Parlato himself in Shmueli’s 10 (unsuccessful) lawsuits against them.
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