Bids are being sought in advance of a bankruptcy auction for more than 100 mostly residential rental properties owned by businessman Burt Marshall in the Madison County village of Hamilton, including this one. Keen-Summit Capital Partners
Hamilton, N.Y. — More than 100 properties owned by failed businessman Burt Marshall in the Hamilton area have been thrown up for grabs in an expected bankruptcy court auction.
The sale would pay part of the more than $90 million that Marshall owes to nearly 1,000 people who invested in his “8% promissory note” fund that the U.S. Bankruptcy Court Trustee’s office said had “all the hallmarks of a Ponzi scheme.”
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