December 22, 2011
Lenders being sued for cashing out in a Crown Forex SA principal's Ponzi scheme that cost other investors $158 million argued Wednesday that the claims against them ought to be tossed, saying they had no part in any fraudulent activity that occurred.
June 02, 2011
A Minnesota federal judge cleared the way Wednesday for the receiver salvaging funds for victims of the Crown Forex SA Ponzi scheme to go after numerous investors who cashed out of a scheme that cost other participants $158 million.