BMO Harris Bank Hit With $563M Verdict In Ponzi Scheme Trial

By Hannah Albarazi (November 8, 2022, 10:38 PM EST) -- A Minnesota federal jury on Tuesday found BMO Harris Bank complicit in a $3.8 billion Ponzi scheme run by convicted fraudster Thomas J. Petters and awarded bilked investors $563 million in damages, a verdict the bank swiftly vowed to fight....

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