Action Against Mortgage Broker Proceeds
A federal judge has declined to dismiss a lawsuit brought by a New York couple against a mortgage broker they claim was working in tandem with the orchestrator of a Ponzi scheme who is serving prison time for stealing more than $11 million from investors. The case is part of a lengthy and complex civil litigation that arose after the criminal investigation of Peter Dawson, a financial adviser who fleeced dozens of investors of retirement and other savings.
