Updates to our Terms of Use

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

Tuesday, June 11, 2024 | Back issues
Courthouse News Service Courthouse News Service

Ponzi Scheme

A class of annuity owners claims in Minnesota state court that Allianz Life Insurance and Imeriti Financial turned a blind eye to their now-imprisoned former financial adviser, who ran a Ponzi scheme and stole over $10 million from retirement-age clients.

MINNEAPOLIS – A class of annuity owners claims in Minnesota state court that Allianz Life Insurance and Imeriti Financial turned a blind eye to their now-imprisoned former financial adviser, who ran a Ponzi scheme and stole over $10 million from retirement-age clients.

Categories / Business, Criminal, 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...