Official Committee of Unsecured Creditors v. R.F. Lafferty & Co., Inc. Cogen Sklar, L.L.P

U.S. Court of Appeals, Third Circuit · Decided 2001-10-09

Cited by 271 later decision(s) in our corpus · see the citation network in Lexace

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OPINION OF THE COURT FUENTES, Circuit Judge: This matter arises out of the bankruptcy of two lease financing corporations, which were allegedly operated as a “Ponzi scheme.” 1 Like all such schemes, this one collapsed, leaving numerous investors with significant losses. To operate the scheme, William Shapiro, aided by others, allegedly caused the corporations to issue fraudulen…

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