Following on from a claims assembly held in mid October, an extra deadline extension until January ninth has been authorised.
On the time of publication the USFIA Receivership has recovered some $50 million.
Of the estimated 15,000 to 30,000 USFIA victims eligible to file a declare, solely 3800 have completed so.
Again in July it emerged Steve Chen was operating round telling USFIA victims he’d make them good in a “new scheme”.
If those that nonetheless imagine USFIA wasn’t a Ponzi scheme proceed to carry out, I’d guess many of the 3800 claimants will probably be made complete.
Watch those who had been holding out change their tune and beg to be permitted to file a declare.
Sadly although by then it’ll be too late, and that’ll be the top of it.
This isn’t an indefinite course of individuals. Possibly another extension after January 4th for those who’re fortunate, after which work towards paying legitimate claims will start.
You both file your claims otherwise you lose out.