Visitors Monsoon victims given one other 60 days to file declare


Victims of the Visitors Monsoon Ponzi scheme have been given one other 60 days to file a declare.

As of the unique declare bar date, October thirty first, 2024, 660 US and 9205 overseas Visitors Monsoon victims had filed allowed claims topping $45 million.

One other 9685 victims who, in accordance with collected knowledge are eligible to file a declare, haven’t. The worth of those non-submitted claims totals round $13.7 million.

In an effort to permit these victims to file claims, the Visitors Monsoon Receiver filed a movement requesting a 60 day extension on December twenty third.

The Receiver additionally sought permission to contact Visitors Monsoon victims who had not filed a declare through e mail and e mail focused Google and FaceBook adverts.

The court docket permitted the Receiver’s movement on January eighth, granting victims one other 60 days to file claims (March ninth).

As per the Receiver’s final filed Standing Report in September 2024, the Visitors Monsoon Receivership is sitting on simply over $50 million.