PE Firm Norada Faces Investor Suits Over $92M Ponzi Scheme

By Katryna Perera ( March 4, 2026, 9:34 PM EST) -- Groups of investors from multiple states have filed a series of lawsuits against Norada Capital Management LLC in Wyoming federal court, alleging the private equity fund defrauded them out of millions of dollars as part of a Ponzi scheme that the firm's managing member pled guilty to....

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