Bloomberg.com: Exclusive -
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Published on: 8/23/2006
Last Visited: 8/30/2006
William Perkins, the state and federal court-appointed receiver, has recovered $6.3 million so far -- including about $1 million from the sale of Wright's home.
"There was a large amount of money that traveled through these accounts over the years,'' says Perkins, a partner at William G. Hays & Associates LLC, an Atlanta-based consulting firm that specializes in bankruptcy administration and fraud investigation.
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Wright had $30.5 million in trading losses, Perkins says.
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The properties have been seized by Perkins, the liquidator.
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The bride flashed an engagement ring worth more than $50,000, according to Perkins, the liquidator.