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Old 11-05-2009, 09:22 PM   #1054 (permalink)
Queen
Junior Crapper
 
Join Date: May 2008
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Default Re: The Forex Project

The Trustee third billing has just come out.

Trustee has recovered $3,567,074.57

There is $2,686,184.32 left.

$880,890.25 in expenses of which $801,859.63 has gone to the Trustee and the lawyers and investigators he’s hired. Not one case has even gone to trial yet, but when they do the lawyer fees will really go up. Then you're paying thousands per day per lawyer, expert witnesses, etc.

If all Steed did was clear out Rivas's accounts, sell Rivas's stuff, take in all the money and gifts that people, like me, just handed over in June and July 08 (totals from later date auctions were added because the items were ceded immediately and sold later) then sat back and collected interest he would have recovered $3,073,391.49!
1,879,455.01 In Rivas accounts and sale of his possessions
+ 1,185,274.58 Money and gifts voluntarily ceded
+ 8,661.90 Interest since 6/08
$3,073,391.49 Total
They have charged $801,859.63 to recover only $493,683.08 more than what was there in July 2008!

This is all in court documents that you can look at and confirm yourselves. IM me here and I'll send them to you.

Last edited by Queen; 11-06-2009 at 03:55 AM.. Reason: typo
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