Fort Lauderdale, Fla., millionaire George Levin, whose Banyon Investors Fund was the primary feeder fund that funneled about $830 million into Scott Rothstein’s Ponzi scheme, has agreed to surrender the bulk of his assets under a bankruptcy settlement.
John Genovese, representing the trustee for the defunct Rothstein Rosenfeldt Adler law firm, announced the settlement in court Friday. It still must be approved by U.S. Bankruptcy Judge Raymond Ray following a hearing to allow any other creditors to dissent.
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