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World
Texas appeals court denies bank recovery on $29m Ponzi-linked loan guarantee
TL;DR
- In a significant legal decision, a Texas appeals court has affirmed a lower court's ruling regarding PlainsCapital Bank's unsuccessful attempt to recoup funds related to a $29 million loan guarantee associated with a Ponzi scheme.
Short summary
Our full write-up is on its way. For the complete story, read the original report:
Nov 9, 2026 · Updated 11/9/2026, 12:46:05 PM · Reported with: Times of India World
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