Daily Court Reporter - News Ponzi scheme victims cannot sue brokers who sent funds to perpetrator
Ponzi scheme victims cannot sue brokers who sent funds to perpetrator
Dan Trevas, Supreme Court of Ohio
Ohio law does not allow victims of an alleged Dayton Ponzi scheme to seek financial recovery from brokers that unknowingly purchased fraudulent investments from the scam perpetrator at the direction of the victims, the Ohio Supreme Court ruled recently.
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Date Published: August 24, 2018