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View Full Version : Lawsuit Against GE Over Petters Fraud to Move Ahead - Wall Street Journal (blog)



FraudNews
08-24-2013, 12:33 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=AFQjCNEKvM-G6o4SEAv5UibFoZ_26v6W8wamp;url=http://blogs.wsj.com/law/2013/08/23/lawsuit-against-g-e-over-petters-fraud-to-move-ahead/img src=//t2.gstatic.com/images?q=tbn:ANd9GcRKHC1HQ5SrWCKI1SJzRf0ddtTRIc3dK 8ZNXHd0Bcj51xVmlXhDrzG48c4 alt= border=1 width=80 height=80 /br /font size=-2Wall Street Journal (blog)/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=AFQjCNEKvM-G6o4SEAv5UibFoZ_26v6W8wamp;url=http://blogs.wsj.com/law/2013/08/23/lawsuit-against-g-e-over-petters-fraud-to-move-ahead/bLawsuit Against GE Over Petters bFraud/b to Move Ahead/b/abr /font size=-1bfont color=#6f6f6fWall Street Journal (blog)/font/b/fontbr /font size=-1The lawsuit, which was originally filed last fall by a liquidator for two hedge funds that lost money in the bfraud/b, alleges that GECC uncovered the scheme in 2000, but kept it quiet in order to insure a $50 million loan was repaid. Most of Mr. Petters b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dXBMfMOZ2Wij__Mamp;ned=en_zanobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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