Wind Down of Receivership Estate
Receiver Maria Yip has finished liquidating the assets of the Receivership Estate. On October 3, 2024, the Receiver filed her Motion to Wind Down the Receivership with the Court. Doc.146. A copy of that motion can be found at the following link. If the Court grants the motion, the Receiver will be authorized to hand over approximately $3.5 million to the FTC for consumer redress. The FTC, not the Receiver, will be handling this process.
If you have not already registered on the Receiver’s website, please take this opportunity to provide your contact information at the following link. The Receiver will give this information to the FTC which it will use in the course of its redress process.
The Receiver will update the website when the Court rules on this pending motion.