PFM Group Ltd.

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    Axiom Legal Financing Fund conspirator Portland Financial goes bust

    Portland Financial Management Group, which helped Tim Schools defraud Axiom Legal Financing Fund and launder the proceeds, has collapsed amid regulatory problems and substantial debts. The group's principals, Anthony Smith, Tim Eddolls and Connie Rodrigues, now operate under new names: Prestige Financial Management, Cavendish Financial Management, Corbus Portfolio Solutions, and Corbus Private Clients.