Funds’ Receiver Seeks Redress For ‘Massive Fraudulent Scheme’

Mealey's (January 18, 2019, 12:49 PM EST) -- NEW YORK — A receiver for funds seeks redress in a Dec. 19 complaint filed in a New York federal court for a “massive fraudulent scheme masterminded by the now indicted and/or convicted insiders” of Platinum Partners Credit Opportunities Master Fund LP (PPCO funds) (Melanie L. Cyganowski, as equity receiver for Platinum Partners Credit Opportunities Master Fund LP, et al. v. Beechwood Re Ltd., et al., No. 18-12018, S.D. N.Y.)....