August 13, 2024
Attorneys for a former hedge fund manager now entangled in wide-ranging Ponzi scheme allegations urged a Delaware vice chancellor on Tuesday toward quick action on his legal fee indemnification claims, citing "great risk" from mounting personal liability exposure.
August 07, 2024
Washington-based First Fed Bank and its brass have been dropped from a lawsuit claiming they aided a $100 million Ponzi scheme to defraud would-be investors in a water-vending machine company.
August 02, 2024
A group of investors alleges that a Washington water-vending machine company bilked them out of more than $100 million in a Ponzi scheme by promising double-digit returns from a growing franchisee network serving Family Dollar stores and other locations.