We are pleased to announce that Kenneth Dante Murena has been appointed as Receiver in one of the year’s largest receiverships. The SEC has charged Drive Planning LLC and its CEO, Russell Todd Burkhalter, with running a $300 million Ponzi scheme that defrauded over 2,000 investors. As Receiver, Kenneth will be responsible for overseeing the recovery of assets and returning funds to the victims of this extensive fraud.

According to a recent Newsweek article, Drive Planning even targeted investors at Major League Baseball games, using aggressive pitches to lure individuals into their fraudulent scheme. You can read more about the case and how the Ponzi scheme unfolded in the full article here:

Firm Accused in $300M Ponzi Scheme Sought Investors at MLB Games