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5th Circ. Won't Order $6M Ponzi Clawback From Golf Channel

By Stewart Bishop ( August 23, 2016, 4:29 PM EDT) -- The Fifth Circuit on Tuesday declined to overturn a lower court's finding that refused to allow a clawback of $5.9 million paid to the Golf Channel Inc. from now-convicted Ponzi schemer Robert Allen Stanford's businesses, after receiving guidance from the Supreme Court of Texas....

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