About this document

Petters Company Bankruptcy Proceedings by CamdenCanary is a document available to read on EtoBox.

This document is a complaint filed in bankruptcy court by the court-appointed Chapter 11 Trustee against Alan M. Miller and A.M. Aero, Inc. seeking to recover fraudulent transfers related to a massive Ponzi scheme operated by Thomas Petters and his companies. The complaint alleges that Petters induced investments into his companies through false promises of financing inventory purchases and receivables, when in fact he used new investments to repay earlier investors in the scheme. The Trustee is seeking to

Author

CamdenCanary

Language

EN