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Tuesday, April 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Ponzi Feeder Fund

A class claims in court that Acrebay Capital Management, Credit Portfolio Lending II and their directors defrauded investors through a feeder fund for a $345 million Ponzi scam.

ROCKVILLE, Md. — A class claims in court that Acrebay Capital Management, Credit Portfolio Lending II and their directors defrauded investors through a feeder fund for a $345 million Ponzi scam.

Categories / Business, Consumers, Securities

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