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Posts Tagged ‘ Ponzi Scheme ’

In case, Wells Fargo accused of aiding ‘looting’ of USA Capital

Jul 9th, 2010 | By Admin | Category: ALL NEWS HEADLINES, Finance, Legal Issues, Timeshare Fraud

LAS VEGAS, NV Jul 08, 2010 (Las Vegas Review-Journal – McClatchy-Tribune Information Services via COMTEX) — Wells Fargo Bank participated in “massive looting” at failed hard-money lender USA Capital, according to allegations in a civil trial that began Wednesday in bankruptcy court.
Bankruptcy Judge Linda Riegle is presiding in the adversary case and will decide whether [...]