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Rochelle's Daily Wire

Bankruptcy Judge Sidesteps State Prohibition Against Ponzi Scheme Presumptions

Judge resuscitates Petters suits to recover fictitious profits paid in a Ponzi scheme.

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Case Details

Judge Name

Gregory F. Kishel

Case Citation

Kelley v. Opportunity Finance LLC (In re Petters Company Inc.), 10-ap-4301 (Bankr. D. Minn. May 31, 2013)

Case Name

In re Petters Company Inc.

Case Type

Business