Following two distributions of recovered funds to victims, the USFIA Receiver has requested court permission to destroy records and close the Receivership. As per a Final Report filed by the USFIA Receiver on May 14th, the Receivership has distributed $63.3 to USFIA victims. This represents a 79.2% recovery for victims’ with valid claims. As of [Continue reading…]

Source: USFIA Receiver files for conclusion of Receivership