Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Saturday, June 22, 2024 | Back issues
Courthouse News Service Courthouse News Service

Giant Ponzi

Investors accuse Comerica Bank in a federal class action of negligently aiding and abetting a $1.2 billion Ponzi scheme allegedly run by Robert Shapiro and his Woodbridge Group.

LOS ANGELES — Investors accuse Comerica Bank in a federal class action of negligently aiding and abetting a $1.2 billion Ponzi scheme allegedly run by Robert Shapiro and his Woodbridge Group.

Categories / Consumers, Financial

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...