December 23, 2014
Over the last several months, the Receiver and his staff have been collecting and analyzing data in an effort to identify all individuals who profited from the Ronnie Gene Wilson/Atlantic Bullion & Coin, Inc. Ponzi scheme. Although we have reached out of court settlements with many of these individuals, there are a significant number of individuals that have not reached a settlement. As a result, the Receiver has begun the process of "claw back" litigation which involves filing lawsuits in the United States District Court to recover profits. A number of cases have already been filed and the Receiver will continue to file these lawsuits over the coming months. Any individual or business that profited from the above-mentioned Ponzi scheme and has not settled with the Receiver will be a potential defendant in the Receiver's claw back litigation. If you profited from the Ron Wilson Ponzi scheme, please contact the Receiver's office if you would like to discuss a potential settlement thereby avoiding litigation.