Zayed v. Arch Insurance

ORDER

PATRICK J. SCHILTZ, District Judge.

Trevor Cook operated one of the largest Ponzi schemes in the history of Minnesota. In August 2009, just a few months before the government shut down Cook and his fraudulent enterprise, Cook filed a state-court action against Lynn Edward Baker and several entities affiliated with Baker, including Mesa Holdings, Inc. (“Mesa”). In that lawsuit, Cook essentially alleged that he had been defrauded by Baker. After the government shut down Cook, plaintiff R.J. Zayed was appointed as receiver for Cook’s estate. In that capacity, Zayed pursued Cook’s lawsuit…