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Bankruptcy: Non-Dischargeable Debt – Fraud – Justifiable Reliance

Islamov v. Ungar (MLW No. 60671/Case No. 09-6065 - 10 pages) (U.S. Bankruptcy Appellate Panel, Schermer, B.J.) Where a debtor continuously gave a creditor false information about her stock trading activities and the alleged profits she was making on his investment with her, and the creditor trusted the debtor's misrepresentations to the extent that he invested ...

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