1. Home
  2. Browse Decisions
  3. A.D.2d
  4. 267 A.D.2d
  5. 267 A.D.2d 83 (1999)
 

HEFFERNAN v. MARINE MIDLAND BANK

267 A.D.2d 83 (1999)

701 N.Y.S.2d 4

MICHAEL G. HEFFERNAN et al., Appellants, v. MARINE MIDLAND BANK, Respondent.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided December 14, 1999.

The complaint alleges that from 1985 through 1996 a former employee (Helliwell) of defendant bank perpetrated a "Ponzi" scheme, in which he solicited plaintiffs (many of whom appear to have been friends and family members) to invest in a purported "Trust B" account. Helliwell falsely represented to plaintiffs that the funds would be used to purchase notes issued and guaranteed by the bank. The funds plaintiffs entrusted to Helliwell...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases