JPMorgan Chase Bank, N.A. v. Winget et al

Judge Slams Auto Magnate's Fraud In $425M JPMorgan Fight

A Michigan federal judge ripped an auto parts magnate on Wednesday for dissolving a trust and taking possession of its assets in an apparent bid to avoid a $425 million judgment for JPMorgan that followed his business empire's bankruptcy, saying his argument had "disturbing" implications.