Bloomberg – Banyon Investments LLC, a hedge fund in Fort Lauderdale, Florida, invested $775 million in the alleged $1.2 billion Ponzi scheme run by Scott Rothstein, bankruptcy court records show.
Banyon’s investments make it the largest creditor of Rothstein’s defunct law firm, which collapsed amid allegations he was running a Ponzi scheme, according to the list of 20 top creditors filed Dec. 2 in U.S. Bankruptcy Court in Fort Lauderdale.
