Category: USFIA
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USFIA Receiver Applies to Terminate Receivership Proceedings
After initiating two rounds of compensatory disbursement to victims, the Receiver overseeing USFIA has submitted a petition to the court to approve the destruction of records and conclude the Receivership. In the Final Report submitted by the USFIA Receiver on May 14th, a total of $63.3 million has been disbursed to victims of USFIA. This…