The lawsuit, filed this month, is one of nearly a dozen similar legal claims against Chicago Title, which is accused of being complicit in the $400 million Ponzi scheme orchestrated by former restaurateur Gina Champion-Cain.
In a lawsuit filed this month against Chicago Title, the receiver in the Gina Champion- Cain Ponzi scheme case accused the insurance company of helping carry out "brazen acts of fraud" that ultimately cost investors more than $180 million. Receiver Krista Freitag's lawsuit was filed in state court after U.S. District Court Judge Larry Burns last month granted.
The receiver in the $400 million Ponzi scheme case involving former restaurateur Gina Champion-Cain has been granted permission by a federal judge to go after a title insurance company it believes was complicit in defrauding investors. The decision last month by U.S. District Court Judge Larry Burns comes 1 1/ 2 years after receiver Krista Freitag first.
The receiver in the $400 million Ponzi scheme case involving former San Diego restaurateur Gina Champion-Cain has been granted permission by a federal judge to go after a title insurance company it believes was complicit in defrauding investors. The decision last month by U.S. District Court Judge Larry Burns comes 1 1/ 2 years after receiver Krista Freitag.
While there are already a number of investor lawsuits targeting Chicago Title, the receiver believes she can recover still more money from the insurance company, which is accused of being complicit in the $400 million Ponzi scheme.