Tag: Ponzi Schemes

27
Feb

Ponzi Schemes: Can Liquidators Claw Back 600% of Payouts?

Article courtesy of Law Dot News | Insolvency / Liquidation - Ponzi Schemes Ponzi Schemes: Can Liquidators Claw Back 600% of Payouts? “MTl’s business clearly amounted to an unlawful ponzi-scheme, i.e. a fraudulent investing scam promising high rates of return to investors and generating returns for earlier investors with investments taken from later investors.” (Extract from the MTI judgment) Recent
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