Ch. 7 Trustee Asks High Court To Hear Ponzi Clawback Case

By Vince Sullivan ( October 25, 2023, 8:45 PM EDT) -- The Chapter 7 trustee for a temporary staffing agency run as a Ponzi scheme asked the U. S. Supreme Court to take up his $10. 3 million fraudulent transfer clawback suit, saying in a filing made public Wednesday the Seventh Circuit erred in finding that the estate must have suffered economic harm in order for the court to unwind the transfer. . . .

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