News & Updates
Recent News
August 25, 2010
The Receiver has agreed to settle† the estate's claims against John Dzik for $687,900. More detail is available here.
August 21, 2010
Additional documents related to sentencing are posted here.
August 20, 2010
Information about the Cook sentencing was posted. See the Special Announcement above.
August 12, 2010
The Court has granted the Receiver's Motion for an Order to Show Cause against L. Edward Baker†. A hearing is scheduled for 10:00 a.m. CDT on September 1, 2010 in Courtroom 15E of the Minneapolis federal courthose. More detail is available here.
The Receiver has posted his answers to more frequently asked questions.
August 11, 2010
The Receiver has filed a Motion for a Rule to Show Cause against L. Edward Baker†. More detail is available here.
August 4, 2010
The Receiver has posted a Statement†. More detail is available here.
July 28, 2010, 5:30 p.m. CDT
The CFTC has filed its Response† to the July 26, 2010 motion for fees.
The Court in the Lynn E. Baker bankruptcy has issued an Order† on the Receiver's Motion. In addition, Lynn E. Baker's Opposition† and the Receiver's Reply† are now available.
More detail is available here.
July 28, 2010, 10:00 a.m. CDT
The Receiver has filed a petition seeking $100,000 from Gina Cook. More detail is available here.
July 26, 2010
The Receiver filed a motion for fees†. More detail is available here.
July 23, 2010
The Receiver filed three petitions today, seeking $7.4 million in Receivership funds from Wells Fargo Home Mortgage†, New York Community Bank†, and a group of individuals†. More detail is available here.
July 20, 2010
Chief Judge Davis has issued an Order Allowing Summary Proceedings†. More detail is available here.
In United States v. Trevor Gilson Cook, Judge Rosenbaum has scheduled the sentencing of Trevor Cook for August 24, 2010 at 9:30 a.m. CDT† in Courtroom 14E of the US Courthouse, Minneapolis Building (300 South 4th Street, Minneapolis, Minnesota 55415-2251). More detail is available here.
July 16, 2010
The Receiver has filed his Fourth Status Report.† More detail is available here.
July 14, 2010
The Receiver's recent motion to permit summary proceedings† has been posted. More detail is available here.
Changes were made to certain pages to improve the experience for blind or visually-impaired individuals using screen readers.
July 8, 2010
The Receiver has filed a motion for relief† in a bankruptcy case involving Lynn E. Baker. More detail is available here.
July 7, 2010
See the "Important Information" below if you want to talk to the United States Probation Officer or speak at Trevor Cook's sentencing.
June 29, 2010
The Receiver has posted his answers to a total of 19 frequently asked questions.
June 24, 2010
The Receiver has posted his answers to some frequently asked questions.
The Receiver has posted the latest motion for fees†. More detail is available here.
June 22, 2010
The Court in United States v. Trevor Gilson Cook has scheduled the sentencing of Trevor Cook for July 26, 2010 at 3:00 p.m. CDT† in Courtroom 14E of the US Courthouse, Minneapolis Building (300 South 4th Street, Minneapolis, Minnesota 55415-2251). More detail is available here.
June 16, 2010
The Receiver withdraw his motions regarding Wells Fargo† and the Bergs†. More detail is available here.
The Court issued an Order† related to the Bergs.
June 15, 2010
The Securities & Exchange Commission filed responses in support of the Receiver's motions to compel the Bergs to return funds† and to dispose of property†. More detail is available here.
June 10, 2010
Search warrants† were unsealed. More detail is available here.
Important Information
Third Parties Claiming to be Affiliated with the Receivership
Fraud Recovery Group
Only the Court is able to order restitution to Trevor Cook’s investors. And only the Court-appointed Receiver is searching (at the Court’s direction) for funds in this case.
Recently, some investors have contacted the Receiver and the SEC to ask if they were working with a company called “Fraud Recovery Group." Fraud Recovery Group is not related to, approved by, or working with the Receiver, the SEC, or the Court-mandated asset-recovery process in any way.
Look-alike Websites
Several news outlets have also reported that former clients of Bernard Madoff have been targeted by an entity holding itself out as a government agency. This entity is reportedly seeking financial information related to alleged Ponzi schemes, but has no connection with any legitimate government or international entity.
Be careful when giving personal information to anyone. Be sure to verify that the entity that contacts you is who they purport to be.
The Federal Trade Commission has resources available†‡ to help.
News Related to Criminal Cases
Receiver's Statement
The Receiver has posted the Statement of the Receiver following his April 23, 2010 meeting with Trevor Gilson Cook on the Receiver Filings page. You can also access it here†.
Trevor Gilson Cook's Plea Agreement
Earlier this week, the Star Tribune†‡ reported on the charges filed against Trevor Gilson Cook. The most recent article, including a link to the plea agreement, can be found at http://www.startribune.com/business/90751939.html?elr=KArksUUUoDEy3LGDiO7aiU†‡.
Criminal Charges Filed Against Trevor Gilson Cook
On March 30, 2010, the United States Attorney for the District of Minnesota filed an Information† in a criminal case, United States of America v. Trevor Gilson Cook, No. 10-cr-00075 (JMR), Docket No. 1 (D. Minn.).
Cook was charged with one count of mail fraud and one count of tax evasion in connection with allegedly orchestrating a $190 million Ponzi scheme. Cook is scheduled to make his initial appearance before United States District Court Judge James M. Rosenbaum at 9:30 a.m. Tuesday, April 13, 2010 at the U.S. Courthouse in Minneapolis. A plea hearing is also scheduled to follow the initial appearance. The public is invited to attend.
If you have any questions regarding the U.S. Attorney’s prosecution of this matter, please contact Adan Perez, Victim Witness Specialist, U.S. Attorney’s Office, 300 South Fourth Street, Suite 600, Minneapolis, MN 55415. Telephone: (612) 664-5715 Email: adan.perez@usdoj.gov
For more information on the criminal case against Trevor Cook, visit the U.S. Attorney’s website at http://www.justice.gov/usao/mn/†‡.
† - Link opens in a new browser window.
‡ - External link not controlled by the Receiver.