Receiver files 1st Schedule of Payments to be Made Pursuant to the 4th Interim Distribution Plan

On June 30, 2017, the Receiver filed with the United States District Court for the Northern District of Texas, Dallas Division, the 1st Schedule of distribution payments under the 4th Interim Distribution Plan. The 1st Schedule will be followed by others, each of which will be submitted by the Receiver on a rolling basis.

To view a copy of the 1st Schedule, please click here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/



Court Approves Receiver’s 4th Interim Distribution Plan

On May 16, 2017, the Court approved the Receiver’s 4th Interim Distribution Plan. A copy of the order approving the 4th Interim Distribution.

To view the Receiver’s 4th Interim Distribution Plan, please click Here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/



Receiver files additional Schedules of Payments to Be Made Pursuant to the 1st, 2nd, and 3rd Interim Distribution Plans

On April 27, 2017, the Receiver filed with the United States District Court for the Northern District of Texas, Dallas Division, the 16th Schedule of distribution payments under the 1st Interim Distribution Plan, the 7th Schedule of distribution payments under the 2nd Interim Distribution Plan, and the 3rd Schedule of distribution payments under the 3rd Interim Distribution Plan. These three Schedules will be followed by others, each of which will be submitted by the Receiver on a rolling basis.

To view a copy of these three Schedules, please click Here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/



Time Frame of next distribution from US Receiver

To Gilardi 
I have tried to talk to you on the phone, today I have waited more than 9 minutes and no one has answered, the machine at the time said there was no body before my call.
Would like to know when are you going to distribute the last order of distribution orders by the Court on March 22-2016. We need to know aka soon as possible. Thank you
You may respond to me at this e-mail (email address redacted)

Response from Gilardi 
Dear Claimant,
A distribution schedule pursuant to the Receiver’s 3rd Interim Plan has not yet been approved by the Court, the claims agent will not be able to speculate on when a distribution will occur until after a distribution schedule is approved.

To Gilardi 
You are not correct, the distribution process was approved by the court on March 22-2016. Please give information that is correct and remember, we are asking for what is rightfully ours, and you must answer as soon as possible.

Response from Gildardi 
Dear Claimant,
There is a difference between a distribution plan being approved and a specific distribution schedule or schedule of payments being approved. As an example please refer to the Order Approving Receiver’s Second interim Distribution Plan vs. Receiver’s 1st Schedule of Payments to be made Pursuant to the 2nd Interim Plan.

Until a schedule of payments pursuant to the 3rd Interim Plan is approved by the Court, the Claims Agent will not be able to speculate on when payments will begin.


Read more Here

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/



Stanford Receiver To Pay Out $50M To Ponzi Victims

The receiver for the $7 billion R. Allen Stanford Ponzi scheme on Friday sought permission from a Texas federal judge to distribute another $50 million to victims of the massive fraud, paying out 1 percent of each claim after the receiver reached settlements with lawyers and auditors.

The proposed distribution would be the third payment to Stanford’s thousands of victims since 2013, totaling about 2.5 percent of victim claims. Most of the $50 million payout is coming from two settlements: a $40 million settlement with accounting…

To view the full article, click Here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/