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IN RE HANSON

Bankruptcy No. 1-88-01883, Adv. No. 1-89-0028.

104 B.R. 261 (1989)

In re David HANSON, Debtor. Robert E. SWEET, et al., Plaintiffs, v. David HANSON, Defendant.

United States Bankruptcy Court, N.D. California.

August 30, 1989.

Attorney(s) appearing for the Case

Michael C. Fallon, Santa Rosa, Cal., for defendant.

Roger Mulholland, William Bernstein, Mulholland, Bernstein & Peterson, San Rafael, Cal., for plaintiffs.

MEMORANDUM OF DECISION

ALAN JAROSLOVSKY, Bankruptcy Judge.

Debtor David Hanson was the chief executive officer of a now-defunct mortgage company. This dischargeability action, filed by 11 investors "on behalf of themselves and all others similarly situated," alleges that the debtor participated in the issuance of deceptive investment solicitations and conducted a "Ponzi" scheme, so that their claims should be excepted...

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