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View Full Version : TD Bank Loses $67 Million Verdict Over Rothstein Fraud Role - San Francisco Chronicle



FraudNews
01-19-2012, 07:16 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEEmf72YVznfcGld7FyN3 koJm-pggamp;url=http://business.financialpost.com/2012/01/18/td-loses-us67m-verdict-on-role-in-florida-ponzi-scheme/img src=//nt3.ggpht.com/news/tbn/B6Bl1uEluwM40M/0.jpg alt= border=1 width=80 height=60 /br /font size=-2Financial Post/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGm9vVn2uGzPfFzecZfk-_NoBzUHQamp;url=http://www.sfgate.com/cgi-bin/article.cgi?f%3D/g/a/2012/01/18/bloomberg_articlesLY09PI6JTSE801-LY0ED.DTLbTD Bank Loses $67 Million Verdict Over Rothstein bFraud/b Role/b/abr /font size=-1bfont color=#6f6f6fSan Francisco Chronicle/font/b/fontbr /font size=-1quot;Once bfraud/b was evident, it was their obligation to report it and stop it.quot; Today#39;s verdict was for $32 million in compensatory damages and $35 million in punitive damages, the type designed to punish. quot;This Ponzi scheme would have been impossible if b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGxlFrSVF6rb9hFqI95fz LZT1XnTAamp;url=http://abcnews.go.com/US/wireStory/federal-jury-ank-owes-67m-ponzi-victims-15388824Fla. Jury: Bank Owes $67M to Ponzi Scheme Victims/afont size=-1 color=#6f6f6fnobrABC News/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d-2z4gAJ1bRBsCMqWbbCcdMThT7tMnobrball 179 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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