Reading Time: 2 minutes Prime Trust has been ordered into receivership by a Nevada court after a catastrophic loss of customer funds and alleged misuse of funds Authorities filed for receivership in June due to Prime Trust’s near insolvency Prime Trust owes clients $155 million but only has $70 million or so in assets Prime Trust has been ordered by the Eighth Judicial District Court of Nevada to be put into receivership following its catastrophic loss of customer funds…
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