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January 3, 2011

JPMorgan Sued by Ponzi Schemer Petters' Receiver

"JPMorgan Chase & Co (JPM.N) and several other defendants were sued by the receiver for Minnesota businessman Tom Petters, who accused them of missing clues that would have alerted them to the convicted Ponzi schemer's $3.65 billion fraud."

Read the article here.

January 3, 2011 in Current Affairs | Permalink

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