Seventeen years after Brandon Ellington pleaded guilty to bank fraud in a sweeping federal mortgage case, dozens of former clients say they were unaware of that history when they invested with him, and now claim they were defrauded as well.
A lawsuit filed Tuesday on behalf of 31 plaintiffs alleges Ellington, who marketed himself as “Mr. Finance,” promised investors returns of 40% to 60%, and instead cost them tens of thousands of dollars each…