October 28, 2021
A court-appointed receiver of two Mississippi timber companies involved in a massive Ponzi scheme has asked the court to approve a settlement reached with one of the defendants who served as a Mutual of Omaha agent and allegedly helped recruit investors into the scheme.
March 22, 2019
The receiver of two timber companies that a Ponzi schemer used to bilk hundreds of investors out of $85 million has filed suit in Mississippi federal court against Mutual of Omaha and a Mississippi bank, alleging their agents steered investors toward the fraudulent scheme.