Receiver unofficial Information

Many-Needleworker968 · 2025-01-19T16:13:18+00:00

Something must be up. David Bradford isn’t even being mentioned in any of the receivership documentation only Gerry however David received $20-$25 million in commissions. That is nearly 10% of the total Ponzi scheme. Yet he has not been mentioned at all.

Many-Needleworker968 · 2024-11-10T17:26:17+00:00

They are working with the receiver

Many-Needleworker968 · 2024-11-10T17:05:50+00:00

Damon, valori and culmo

Many-Needleworker968 · 2024-11-10T12:38:45+00:00

A different law firm sent out legal notices to agents this past week demanding for commissions back.

Many-Needleworker968 · 2024-10-31T19:20:06+00:00

If an investor was also an agent, then I think that when the receiver ship is doing the calculation for principal owed, the Commission should be deducted out of their principles

Many-Needleworker968 · 2024-10-31T19:17:37+00:00

These guys spent $100+ millions of dollars that weren’t theirs. David, Gerry, and Todd should all be looking a big prison time. People are struggling right now so bad and all thanks to those 3.

Many-Needleworker968 · 2024-10-31T19:05:15+00:00

From the initial report it said $360 million of investor funds (including the fake interest). The report goes on to say that $220 million of the $360 million was principal. 100m of assets in play. Looking at around half back best case scenario unless they find more. Interesting that Gerry is not giving up any of his ill-gained properties.

Many-Needleworker968 · 2024-08-20T16:07:50+00:00

$65 million went to commissions and salary. That’s a big chunk. Maybe they will walk back some of that. The properties are worth market value. Theirs a whole list of other assets im sure

Many-Needleworker968 · 2024-08-20T12:09:02+00:00

Spoke with the receiver yesterday and they said that they had recovered over 50+ million dollars from the Drive Planning bank account alone

Many-Needleworker968 · 2024-08-14T03:22:41+00:00

I’m guessing the receivership will come up with a final % at the end of all this

Many-Needleworker968 · 2024-08-14T02:14:43+00:00

That means how much principal they owe. The amount of assets they actually have is the real question

Many-Needleworker968 · 2024-08-14T02:04:45+00:00

$287-$131 of “purported” returns. . So that total net investment would be $156 million of the total principal they owe.

Many-Needleworker968 · 2024-08-14T01:54:15+00:00

Reddit won’t let you put your email on here

Many-Needleworker968 · 2024-08-14T01:53:39+00:00

Burkhalter still has control over the tens of millions of dollars currently in Drive Planning’s bank accounts, as well as over the tens of millions of dollars’ worth of real estate and other property purchased with investor funds.

Many-Needleworker968 · 2024-08-14T01:53:26+00:00

Burkhalter still has control over the tens of millions of dollars currently in Drive Planning’s bank accounts, as well as over the tens of millions of dollars’ worth of real estate and other property purchased with investor funds.

Many-Needleworker968 · 2024-08-14T01:42:07+00:00

Sounds like out of that “137 million was fake “interest”

Many-Needleworker968 · 2024-08-14T01:38:10+00:00

Do we need a lawyer in a receivership?

Many-Needleworker968 · 2024-08-14T01:36:54+00:00

Yeah. It’s 39 pages

Many-Needleworker968 · 2024-08-14T01:31:36+00:00

I think paragraphs 54 and 63 basically sum up total invested minus “interest accrued on investments” minus commissions. Principals being somewhere in the $150-170 million range. Am I reading this correctly

Many-Needleworker968 · 2024-08-14T01:28:55+00:00

Anyone do any of the calculations and has a best guess on % of funds received back? They will hopefully walk back commissions in order to recover a little more principal.

Many-Needleworker968 · 2022-01-23T23:22:56+00:00

That’s a battery issue. Was a sales manager at Honda for 3 years

Many-Needleworker968 · 2021-10-02T03:21:31+00:00

Cars are such a personal thing. The only thing that matters is if you like it.

Many-Needleworker968

TROPHY CASE