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Tuesday, June 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

$37 Million Ponzi

Hong Kong and Shanghai Banking Corporation Ltd. and HSBC Bank USA laundered money for the WMC777 Ponzi scam, victims claim in a federal class action demand for $37 million.

MANHATTAN — Hong Kong and Shanghai Banking Corporation Ltd. and HSBC Bank USA laundered money for the WMC777 Ponzi scam, victims claim in a federal class action demand for $37 million.

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