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English trustee for alleged Ponzi schemers applies for recognition in Miami

By Benjamin Clarke

10 January 2018

English trustee for alleged Ponzi schemers applies for recognition in Miami Teak plantation iStock.com/NTCo

An English trustee appointed to deal with the estates of two bankrupt company directors has applied for Chapter 15 recognition in Miami, alleging the pair have generated “tens of millions of dollars” through Ponzi schemes in various jurisdictions.