An Iowa landlord lost $700,000 in what he described as a Ponzi scheme as his marriage fell apart; a court upheld a $351,446 divorce payment despite his claim that much of the property belonged to him before marriage

• Representative imageAn Iowa landlord who said he lost roughly $700,000 in what he described as a Ponzi scheme has failed to overturn a $351,446 divorce payment to his former wife.
• The Iowa Court of Appeals upheld the award, rejecting his argument that much of the property at issue had been his before the marriage and should therefore have been excluded from the division, according to the court’s published decision on Justia U.