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5th Circ. Lets Stanford Receiver Keep $45M Interest Award

By Katryna Perera ( September 9, 2022, 8:29 PM EDT) -- Stanford International Bank investor and billionaire Gary D. Magness can't avoid having to pay a $45 million interest award that was tacked onto a $79 million fraudulent transfer clawback, with the Fifth Circuit ruling in favor of the bank's receiver who was appointed after the infamous Ponzi scheme collapsed....

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