The U.S. Bankruptcy Court in West Palm Beach ruled in favor of the federal government's request to require a computer financing scheme operator to pay a $13.4 million judgment despite filing for bankruptcy.

BlueHippo Funding LLC, BlueHippo Capital LLC and its former owner Joseph Rensin violated a 2016 federal court order by running a fraudulent computer financing operation. Instead of paying the contempt judgment, Rensin filed for bankruptcy and asked the court to discharge the judgment.

Read the source article at Legal Newsline