$8M Deal Over BofA Ponzi Scheme Approved After Delay

By Daniel Siegal · April 24, 2014, 5:26 PM EDT

Bank of America Corp. won approval Thursday of its $8.2 million settlement of a class action alleging it facilitated a $20 million real estate investment Ponzi scheme, when a California federal...

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Case Information

Case Title

Patricia Arreola et al v. Bank of America National Association et al

Case Number

Court

California Central

Nature of Suit

Other Fraud

Date Filed

July 28, 2011

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