The Revenue Join Receiver has booted defendants Brent and Pleasure Kovar from their Las Vegas residence.
The property in query is a 3 bed room home in Las Vegas owned by Revenue Join.
Primarily based on the date the property was final offered, Brent (proper) and Pleasure Kovar, aged 64 and 86 respectively, are believed to have lived there since January 2021.
After being appointed in early August, the Revenue Join Receiver rapidly decided the Las Vegas home could be offered.
The Kovars had been knowledgeable they’d need to vacate the property. They got an October sixth deadline.
When the Receiver reminded the Kovars of the deadline, their then attorneys raised a dispute.
These attorneys bailed resulting from non-payment in late August.
Primarily based on communication with the Kovars since then, the Receiver believes “no additional courtroom order is required” for compliance.
Nonetheless, a stipulation filed on October eleventh provides the Kovars till November tenth to vacate.
Once they vacate the … Property, Brent Kovar and Pleasure Kovar shall take with them solely their clothes and private belongings and shall depart all property owned by Revenue Join or bought with Revenue Join funds in good situation.
The Receiver plans to liquidate the property as a part of the SEC’s case towards the Kovars.
The SEC alleges Revenue Join was a $12 million greenback Ponzi scheme. The Kovars have signaled they don’t intend put up a battle.