I am doing research on the anticipated date of the next cash distribution from the Woodbridge rehabilitation trust, and the realistic answer is probably August. I would like to be able to say distributions would be made regularly every quarter, but getting the real estate sold is the issue at hand. The story, as of now, … Continue reading Next Distribution …
New Criminal Filings in the Woodbridge Scam
The Woodbridge Group of Companies investment scam has impacted thousands of people across the United States over the past several years. Woodbridge, a commercial real estate development firm, bilked investors out of nearly $2 billion in an elaborate Ponzi scheme. Company owner Robert H. Shapiro was arrested on April 11th and charged by the U.S. … Continue reading New Criminal Filings in the Woodbridge Scam
Progress
The Woodbridge ponzi is starting (at least) to unwind. The SEC is more or less out at this point as well as the Chapter 11 bankruptcy court; the real estate crew is now driving this rehabilitation trust effort. As I understand it, the listings in Colorado are selling like hot cakes and closing fast. The … Continue reading Progress
Self directed IRA’s with Custodians
If you are hearing about everyone getting distributions from the Woodbridge Chapter 11 rehabilitation trust and you checked your IRA account and don't see anything ... hold on. The way these generally work, the IRA custodian gets ONE master check from Woodbridge with a break down of all the SSN's (people) contained in that one … Continue reading Self directed IRA’s with Custodians
Checks are coming in!
I heard from a friend, in another state, that he got his distribution check from the Rehabilitation Trust in yesterday's mail. So good news on that timing. Folks around the nation may take an extra day or so for the U.S. mail to make it.
Insider: Initial Woodbridge Distribution Confirmed for First Quarter of 2019
Victims of the lending scam perpetrated by the Woodbridge Group of Companies are in store for good news. The Group, along with its affiliated debtors, announced in February that it had emerged from Chapter 11 bankruptcy. The announcement was made after the United States Bankruptcy Court for the District of Delaware approved the Group’s liquidation … Continue reading Insider: Initial Woodbridge Distribution Confirmed for First Quarter of 2019
How to Recover Past Taxes paid on Woodbridge 1099 Interest
We are not tax advisors, the following is an attempt to help folks get started with their tax advisor on how to claim loss (tax deductions) for previous interest claimed from Woodbridge 1099's. We believe the correct form for this is 2009-20. Scroll down to the bottom to find the form. What follows is a … Continue reading How to Recover Past Taxes paid on Woodbridge 1099 Interest
