Bank of Montreal to pay $16 mln over Petters? Ponzi scheme
 

Bank of Montreal to pay $16 mln over Petters? Ponzi scheme
July 16 (Reuters) - Bank of Montreal agreed to pay $16 million to end a U.S. lawsuit claiming that a lender it bought caused two bankrupt Florida funds to lose money in imprisoned swindler Thomas Petters' $3.65 billion Ponzi scheme.
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