Ponzi Victims Pitted Against Each Other: Madoff Trustee v. California Attorney General
Posted by Kathy Bazoian Phelps “An under-appreciated evil of substantial frauds . . . is how they pit their victims against one another.” United States v. Dreier, 682 F. Supp. 2d 417, 418 (S.D.N.Y. 2010). In the typical Ponzi case, some victims may