10th Circuit Asks Court To Recalculate Judgment Against Ponzi Scheme Investor

( November 27, 2024, 8:29 AM EST) -- DENVER — The 10th Circuit U.S. Court of Appeals found that a federal court in Utah erred in calculating the amount of judgment an investor was ordered to pay in a case brought by a receiver to recover funds the investor and her husband received from a Ponzi scheme, saying the lower court lacked sufficient evidence to support its calculation....