Wednesday, January 25, 2012

More Leo in the news

http://www.miamiherald.com/2012/01/24/2606069/victims-of-miami-ponzi-schemer.html

Conveniently left out (although you could do some quick math if inclined to read between the lines) is that the trustee/trustee's firm/trustee's accountants took 2/3+ of the assets recovered; also left out are that the trustee liquidated some assets at firesale prices (parcels in Cape Coral, Florida with CURRENT market prices of $10K sold for $750, etc.) in order to close this bankruptcy quickly

-J.

Posted by JMG at 9:29 AM

2 Comments

  • Anonymous Jianna Gonzalez posted at 1:04 PM, February 28, 2012  
    Keep blogging.
  • Anonymous Jianna Gonzalez posted at 1:05 PM, February 28, 2012  
    Thanks for the information and knowledge.
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