Clawbacks and Preferences: The Power of Bankruptcy ("Minnesota Law, Presented by Moss & Barnett")

Flush with cash from the seizure of assets from criminal fraudsters, the federal bankruptcy courts have lawyered up to collect literally billions of dollars for the victims of Ponzi schemes. What may seem like fair play to some, may appear to others to be a game of musical chairs made up after the fact. Tom Shroyer discusses how the bankruptcy laws are being used in ever more creative and powerful ways to force equally innocent victims of the same fraud to pay back money they took out before the schemes collapsed.