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Investments

Dec. 17, 2004

Judge Approves Settlement in Investment Scam

U.S. District Judge Margaret Morrow approved a $26.5 million settlement Wednesday for victims of investment guru Reed Slatkin, who lost one-half billion dollars of his clients' money in a giant Ponzi scheme.


By Draeger Martinez
Daily Journal Staff Writer
         U.S. District Judge Margaret Morrow approved a $26.5 million settlement Wednesday for victims of investment guru Reed Slatkin, who lost one-half billion dollars of his clients' money in a giant Ponzi scheme.
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