101. Ponzi Scheme Claims – investors who have had their money stolen through a Ponzi scheme have a claim against whatever monies the receiver is able to eventually recover.

The recovery might come from sales of legitimate assets that the investment fund or the principals owned, or from suing and settling with third party entities that were negligent or culpable.

Investors that have a claim but need money now may be willing to sell their unpaid claim to another investors in exchange for cash.

The trustee for the Bernie Madoff liquidation trust sued banks, insurance companies, feeder funds, etc. and recovered over $14 billion for victims.

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