The $42 million agreement should “return tens of millions of dollars to investors.” Additional compensation could come from Siskey’s estate.
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Ponzi Scheme Victims Could See 90 Cents on the Dollar in Settlement
Investors tricked by the dead Charlotte businessman Rick Siskey’s Ponzi scheme are expecting to recover a substantial portion of their investments back after a settlement was approved by the Securities and Exchange Commission and a bankruptcy judge. So reports Charlotte Observer.
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