Louis J. Pearlman / TransContinental Airlines, Inc.

Louis J. Pearlman / TransContinental Airlines, Inc.

 

Soneet R. Kapila was appointed Chapter 11 Trustee in these related cases that incorporated a classic Ponzi scheme of approximately $500 million and transactions intertwined in over 100 related entities.  The number of investors and loss victims exceeded 1,400 and the case involved investigation of off-shore assets.