Who was hit the hardest?
Here are the funds, entities or individuals that have lost the most in the Petters fraud case.
These investors lost the most in the Petters fraud case, according to a list filed in U.S. District Court.
• Ritchie Capital Management: $165 million
• Acorn Capital: $140 million
• Ark Discovery aka Ark Royal: $123 million
• BNY AIS Nominees Ltd a/c Gottex ABI Fund Ltd: $68 million
• McKinsey Master Retirement Trust By: MIO Partners Inc.,$66 million
• Interlachen Harriet Investments Ltd.: $60 million
• Alpha Transport Platform Inc. (USALPHA): $58 million
• BNY AIS Nominees Ltd a/c Gottex ABL Cayman: $37.6 million
• JPMorgan Trust Co (Cayman) Ltd a/c for KBC Investments Ltd.: $37 million
• Selectinvest Arbitrage Relative Value LP: $33 million
• Umbach Financial Group LLC: $29.5 million
• Fortis Bank (Cayman) Ltd a/c of French River Offshore Ltd: $29 million
• Fortis Bank (Cayman) Ltd a/c of Trent River Offshore Ltd: $27 million
• Barfield Nominees Ltd a/c CSC01: $26 million
• Deutsche Bank (Cayman) Ltd fbo HSBC: $24.9 million
• GMB Capital Management*: $24.5 million
• Deutsche Bank (Cayman) ltd a/c for Aris Multi-Strategy Lending: $24 million
• Citico Global Custody NV - Ref: HARCOURT: $23.5 million
• Brown Bros. Harriman & Co. as Sub-Cust for Fortis Bank (Cayman): $23 million
• Fortis Prime Fund Solutions Cust. Serv. (Ireland) Ltd. Re: KBC a/c: $20 million
• Mckinsey Master Retirement Trust: $20 million
• Selectinvest Multistrategy LP: $19.9 million
• Barfield Nominees Ltd a/c CJS01 fbo Compass Special Situations: $18 million
• Fortis Bank (Cayman) Ltd a/c of KBC Investments Ltd re: ABL: $17 million
• Asher, Dan Annuity Trust II U/A/D 9/20/07: $16.8 million
* A Boston-based company with this name says it didn't invest with Petters.
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Many Minnesotans were among the victims, according to the U.S. Attorney’s Office.