Barclays Says Cyber Squatters Running Bogus Lehman Brothers Site

Barclays PLC told a Manhattan federal court on Friday that a group is using its trademarks to operate a fake Lehman Brothers website and offer fraudulent financial services.

“Ring-leader” Vladimir Sklarov and his team were previously blocked by another federal court from impersonating Rothschild & Co., the suit says. They are also involved in a similar scheme to impersonate Bear Stearns, and have wrongfully applied for trademarks related to other well-known firms, according to the complaint filed in the U.S. District Court for the Southern District of New York.

Barclays purchased Lehman Brothers’ assets in 2008, including its trademarks.

The ...