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Stanford Liquidators Lose Fight Over $7B Ponzi Scheme

By Christopher Crosby ( December 16, 2019, 4:40 PM GMT) -- The top court for Britain's overseas territories barred liquidators for Stanford International on Monday from evenly distributing the proceeds of the failed Antiguan bank behind a $7 billion Ponzi scheme, ruling that the country's laws against "oppression" do not apply to companies going through insolvency....

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