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Loans Ponzi Scheme

Bass, Berry & Sims PLC

Chris Lazarini Discusses Pro Rata Distribution of Assets in Receiver Case

Bass, Berry & Sims PLC on

Bass, Berry & Sims attorney Chris Lazarini discussed a case involving the repercussions of the multi-billion dollar Ponzi scheme of Thomas Petters related to the management of the Stewardship Credit Arbitrage Fund, LLC...more

Brooks Pierce

SEC Hits TD Bank for Rothstein Ponzi Scheme

Brooks Pierce on

Running a bank is fraught with risk. Its loans could go bad, devolving into a pool of what is euphemistically called “non-performing assets.” East European hackers could steal its customers’ identities, and ultimately their...more

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