BofA, Citizens Bank Defeat Investors' $102M Ponzi Suit

By Hailey Konnath (October 18, 2019, 10:02 PM EDT) -- A New York federal judge on Friday tossed out a suit brought by a proposed class of investors claiming Bank of America and Citizens Bank facilitated a $102 million Ponzi scheme, finding the investors hadn't plausibly alleged the banks knew about the scheme....

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