Federal Judge Grants Receiver Restraining Order In Ponzi Profits Action

COLUMBIA, S.C. - A federal judge in South Carolina on March 27 granted a receiver's motion for a temporary restraining order enjoining defendants alleged to have profited from a Ponzi scheme from transferring or otherwise encumbering certain properties (Ashmore v. Carr, et al., No.12-00434, D. S.C.; 2012 U.S. Dist. LEXIS 41591).

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