Consumer Law

Ole Miss to return most of $400K given by Ponzi convict

The University of Mississippi has agreed to return about $350,000 of the $400,000 its athletic foundation was given by a businessman who pleaded guilty to a $100 million Ponzi scheme. The federal receiver appointed to try to get back money lost by investors says the university has agreed to return $310,000 donated by Arthur Lamar Adams, The Clarion-Ledger reported.

Read the source article at StamfordAdvocate

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