Receiver Awarded $2.4 Million Bonus for 110% Recovery

A federal judge awarded a $2.4 million bonus to court-appointed receiver, Mark Dottore, for his "singularly remarkable and unheard of accomplishment" in recovering funds to pay victims over 110% of their losses. The average Ponzi scheme recovery has been estimated at pennies on the dollar, making this feat unparalleled and extraordinary.

Ponzitracker has recognized this recovery is likely the highest known in Ponzi cases, even among esteemed company.

Read the full article from Ponzitracker here »