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A lawsuit is accusing the owner of a Virgin Islands equity firm of running a Ponzi scheme, and the V.I. Economic Development Authority distanced itself from the business in a

Virgin islandsUnited statesB matthew mcclaffertyAlex gibsonRichard motta jrAlbert bryan jrMichael sheesleyWayne biggs jrGovernor advisory councilClearing holdings incGovernment house communicationsMcclafferty family foundationUs district courtEconomic development commissionMac private equity incVi economic development authority