Second bank not liable in Sigillito’s scheme

A judge found another bank was not at fault in Martin Sigillito’s Ponzi scheme. Sigillito was a St. Louis attorney and American Anglican Convocation bishop convicted in 2012 of orchestrating a massive real estate scheme that sought investors, supposedly for land development deals in Britain. He was sentenced to a 40-year prison term. Some of the investors ...

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Second bank not liable in Sigillito’s scheme

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