Filing here. Beracha, reached by phone, had no comment.
Weird filing, in that it never says they actually tried to talk to Beracha. I’d love it if they could give his sworn answer to a pretty basic question: did you get $171 million in illicit gains from Illarramendi? But hey, the truth will out, right? Ah, the majesty of the law.
I’m really busy and can’t stay up til 5 am reading this one. You’re going to have to find the key tidbits yourself this time — I’m off to the next blog post. OK here’s the key key one, anyway, free at no extra charge:
The Receiver’s investigation is ongoing. To date, in total, the Receiver has identified approximately $171,675,738 in fraudulent transfers to the Defendants, comprising investor proceeds and other monies that must be recovered for distribution to Illarramendi’s victims and creditors.
Am I the only one to find humour in the “approximately” followed by 9 significant digits? Ah, math giggles.
Suffice to say that the receiver is doing his job. And that it’s getting awfully easy to scoop the wire services.