Gary Bentz pleads guilty to Federal Charges
John Brinker Enters Guilty Plea
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What's New? Receiver's Correspondence / Activities
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This website is the
source for current information regarding the activities of James A. Knauer,
the Receiver appointed by the United States District Court for the Southern
District of Indiana (the "Court") for Wellington Bank and Trust, LTD.,
Wellington Capital Holdings, LTD., Inc., and other entities (all of the
entities named at the bottom of this page being hereafter referred to as the "Companies") to marshal, conserve, protect and prevent the dissipation
or concealment of or to preserve any funds, assets, property or interests
in funds, assets or property of the Companies. Mr. Knauer was appointed
as Examiner on the 27th day of February, 2001, upon the agreement
of the United States Securities Exchange Commission (the "SEC") and defendant
John Brinker in an action brought to enjoin the sale of securities by the
Companies. The SEC alleges that the Defendants conducted a "Ponzi
Scheme." For detailed information on the allegations of the SEC that
a "Ponzi Scheme" was conducted by the Companies, it is suggested that you
go to the Litigation page on this website and
view the complaint filed by the SEC.
On the 21st day of March, 2001, Mr. Knauer was appointed Receiver for Eleven Eighty-Five, L.P., and, on May 1, 2001, was appointed as Receiver for Alpha Advantage II, Inc., Castlerock Consulting, LLC, Guardian First Limited, Inc., Wellington Bank and Trust, Ltd., Wellington Capital Holdings Limited, Inc., Wellington Capital Holdings, Ltd., Wellington International Investments, Inc., Wellington First International Investments, Inc., and all subsequently numbered Wellington International Investments, Inc., entities. The other names on this website are business names that have been used from the offices of the Companies at various times. If you transacted business with any of the above named businesses and are owed money by them, you may be a creditor of the Companies. In the event of a liquidation of the Companies, it is likely (but not yet certain) that all of the above named businesses will be treated as one. Typically, the function of a receiver in cases such as this, upon further order of the court, is to determine the correct amount of each creditor's claim, convert the assets of the receivership to cash and distribute the proceeds to the receivership creditors. The Receiver anticipates seeking such orders of the Court in this action. The Receiver has identified over 700 investors owed in excess of $19,000,000.00. Given the large number of investors, the primary purpose of this website is to provide information to the investors about the status of the case and related legal proceedings. |
Allied Aggregates, Inc. |
Alpha Advantage 51st International Investments, Inc. |
Alpha Advantage 1, 2, 3, 4, and/or 5, Ltd. |
Alpha Advantage II, Inc. |
Alpha Advantage Asset & Acquisition |
Baja Compliance |
Castlerock Consulting, LLC |
Cherry Lane Management, Inc. |
Eleven Eighty-Five, FLP or LP |
Emerald Gate Holdings, LLC |
Guardian First Limited, Inc. |
Steadfast Ministries, Inc. |
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Wellington Bank and Trust, LTD. |
Wellington Capital Holdings, LTD., Inc. |
Wellington Capital Holdings, LTD. |
Wellington Capital Holdings Limited, Inc. |
Wellington First International Investments, Inc. |
Wellington International Investments, Inc. |
All Subsequently Numbered Wellington International Investment, Inc. Entities |