Cooperated with DOJ, FBI and HSI in investigation of $200MM Ponzi Scheme committed by international sneaker distributor. Developed and implemented strategic plan to secure and liquidate assets.
Achieved a recovery for investors in a San Francisco Bay Area real estate investment fund that had made bad loans to unproven, opportunistic developers to buy, renovate and sell real properties.
As Federal Regulatory Receiver, Stapleton Group transformed an insolvent business to cash flow positive through capital improvements, operational improvements and creditor negotiations. Stapleton helped sell the company as a going concern to salvage a return for its defrauded investors.
After a complaint was filed by the Securities & Exchange Commission (SEC) against an investment fund alleging securities fraud and orchestration of a Ponzi scheme by the key principals of the investment manager, Stapleton located, managed and sold assets to achieve a recovery for the investors. Our process involved an elaborate forensic accounting of the sources and uses of investor contributions. Our conclusions aided the SEC in securing a Motion for Summary Judgment against the defendant and individuals involved with orchestrating the Ponzi scheme.