Order Entered Approving Settlement – Receiver to Recover $1,600.00

22 Oct

On October 22, 2014, the Court entered an Order approving the Receiver’s proposed settlement with Stephen Alan Sugar. According to the Receiver’s investigation, Sugar received $2,000.00 in net winnings from Mason’s Ponzi Scheme.

Pursuant to the settlement, Sugar will repay $1,600.00, an amount equal to 80% of his net winnings, to the Receiver over the course of 16 months.

Order Approving Settlement with Stephen Alan Sugar

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