TAMPA, Fla. - A federal judge in Florida on March 7 denied the request by defrauded investors in a Ponzi scheme for a setoff of funds, agreeing instead with the receiver for hedge funds used to perpetuate the scheme that the receiver is entitled to the ill-gotten profits (Burton W. Wiand v. Brian L. Meeker, No. 10-0166, M.D. Fla.; 2013 U.S. Dist. LEXIS 31404)....(read more)
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