Receivership for
the Estate of Frederick J. Kunen

and DT Capital LLC

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Distribution


The District Court has not yet authorized the Receiver to make any distribution of funds to investors. Therefore, the Receiver has not made any distributions to date. Only after the Court has formally determined that Mr. Kunen fraudulently obtained the funds from investors will it authorize the Receiver to make distributions.

Once authorized, distributions will be made to investors on a pro rata basis, depending on how much money each investor transfered to Mr. Kunen. The Receiver expects to make a series of partial distributions to investors over time, instead of one lump sum distribution, as the Court authorizes each partial distribution. While the Receiver has made significant progress in marshalling and preserving the funds and assets of the Estate of Mr. Kunen, at this stage in the Receivership, it is impossible to determine whether investors will receive 100% of the funds they invested.

 

 
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