Recent Cases

Identification and Recovery of Assets

Federal Trade Commission v. J.K. Publications, Inc. et al., No. 99-00044 (C.D. Cal.) (tracing of proceeds of $45 million credit card fraud through US banks, the Cayman Islands, Australia, The Bahamas, and Lichtenstein Ð recovery of more than $12 million from offshore banks and the continued restraint of more than $8 million in Vanuatu, recovery and sale of other real and personal property totaling more than $10 million)

Federal Trade Commission v. Skybiz.com Inc., No. 01-cv-396 (D. Oklahoma) (tracing of more than $28 million through offshore trusts and US brokerage accounts and the recovery of more than $20 million in litigation against trusts in Bermuda and Ireland)

Federal Trade Commission v. Ameridebt, Inc., Case No. CIV PJM 03-3317 (D. Maryland) (tracing and unraveling of offshore trusts and nominee accounts to identify more than $35 million in unidentified assets from sale of stock held by nominees, including family members, business associates and girlfriends Ð extensive litigation against these third party nominees)

CFTC v. Lake Shore Asset Management Limited, No. 07 C 3598 (N.D. Ill.) (counsel to Court-Appointed Receiver in a commodity fraud case with investments of over $275 million from clients located throughout the world; representing Receiver in actions to recover more than $75 million held by three Futures Commission Merchants in London; coordination with bankruptcy counsel and filing of claims to collect an additional $160 million claimed in bankruptcy proceedings filed in Sentinel Management Group, Inc., Case No. 07 B 14987 (U.S. Bankruptcy Court N.D. Ill.); working with ReceiverÕs accountants to trace investor funds and recreate the investor database due to defendant transferring all business records and customer files to Switzerland)

Sale of Assets

CFTC v. White Pine Trust Corporation No. 04cv2093 (S.D. Cal.) (represented the Court-Appointed Receiver in the sale of an island in Belize, sale of gold coins, sale of property in La Jolla, California, sale of jewelry and other personal property)

US v. Wilcoxson, No. CR-S-99-0359 (E.D. Cal.) (represented the Court-Appointed Receiver in the sale of ranch, farm equipment and other assets that were the subject of a forfeiture order for restitution to over 2000 victims, tracing and recovery of $1 million that was transferred to another offshore trust promoter in Western Samoa)

SEC v. TLC Investments & Trade Co. and TLC America, No. SACV 00-960-DOC (C.D. Cal.), (represented Receiver in litigation against third parties who received investor funds and purchased luxury homes and assets located in several jurisdictions; traced funds through several shell companies and nominees and successfully brought actions against family members who purchased property with misappropriated investor funds.)