Tag Archives: valencia-ca
Judge Says No More Lawsuits Against Petters
New York (HedgeCo.Net) – Former hedge fund manager turned ponzi-schemer Tom Petters is being sued by so many parties that the Minneapolis federal judge actually had to call a “timeout” yesterday. Judge Ann Montgomery called the cease-fire after court-appointed receiver […]
Petters Files for Bankruptcy, Hedge Fund Seeks Answers
New York (HedgeCo.Net) – Petters Group Worldwide has filed for Chapter 11 bankruptcy protection after feds launched a probe into an alleged $3 billion scam that was said to be orchestrated by the founder. The subsidiary company under investigation is […]
