University of Minnesota law professor Edward S. Adams is facing an astonishing criminal indictment over millions of missing funds from investors in his companies. The indictment says that Adams perpetrated an elaborate fraud on investors and fellow partners. According to the indictment, from 2006 to 2013, Edward S. Adams stole more than $4.38 million from investors and paid more than $2.54 million to his own law firm.
What is astonishing is that Adams is the second faculty member to face criminal charges on the Minnesota law faculty. Continue reading