Latest Links: Judge Hands Down FRM Ponzi Scheme Ruling, Changing State Migration Numbers Could Hit Economy

New Hampshire’s Business And Economic News In Brief

Bankruptcy judge vindicates victims of FRM Ponzi scheme – “With a single ruling, a bankruptcy judge vindicated victims of the state’s largest Ponzi scheme, paved the way for some settlement agreements, and according to former securities regulator Mark Connolly, agreed with him and others that ‘the government screwed up.’” SeacoastOnline.com

Migration trend has economic, social risk for NH – “Stephan…Hengst, 35, was one of an estimated 45,800 people who moved to New Hampshire from other states in 2001. Back then, the number of people moving in exceeded those moving out by more than 10,000. But by 2010 – when Hengst had long since left for New York – more people were leaving the state than coming in, producing a net loss due to domestic migration of about 2,200 people.” Associated Press

Possible closure of Chester College hits Nashua senior hard – “All seniors heading to college have to make a lot of decisions this time of the year, but Katherine Huot of Nashua is facing a particularly tough one: Will her top choice even exist in September?…Chester’s financial problems are unusual but not unique for small, private schools in New Hampshire.” Nashua Telegraph