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This website has been set up by Michael I. Goldberg as the court-appointed Receiver for Worldwide Entertainment Group. This website will be updated often to keep creditors informed of the progress of the receivership.

See the 8th report from the receiver Here.
For Most Recent Updates Click Here

If you wish to update your contact information, please click here

Most Recent updates:

April 9, 2010 John P. Utsick Appeal Judgment

December 8, 2009 Receiver's 8th Report on the Condition of Worldwide Entertainment

July 29, 2009 Notice of Appeal

May 22, 2009 Final Judgment Setting Disgorgement and Prejudgment Interest and Imposing a Civil Penalty Against Defendant John P. Utsick

May 19, 2009 Findings of Fact, Conclusions of Law and Final Judgment Ordering Disgorgement, Prejudgment Interest, and a Civil Penalty Against Defendant John P. Utsick

April 17, 2006 Complaint for Injunctive and Other Relief

May 18, 2009 Omnibus Order (Paris Hilton)

NOTICE TO CLAIMANTS

I am happy to announce that the initial distribution checks have been mailed. The total amount of the initial distribution was approximately $21.3 million. This represents an approximate 14% return on your principal if your claim had a zero percent rising tide percentage. For those investors who received distributions prior to the receivership, and your rising tide percentage was less than 14%, your distribution check has been pro-rated based upon the distributions you previously received.

For those investors who invested through your IRA, please note that your distribution check has been sent directly to your IRA custodian. Should you choose to change your IRA custodian after your funds have been deposited, you must notify my office in writing that your account has changed. Please contact my office at (800) 223-2234 for further instructions.

Furthermore, we have processed hundreds of address changes in the past couple of months. If you have moved recently and have not notified our office of your new address, please contact us immediately to ensure your check is routed to your new address.

A timetable has not been set yet for the second distribution. However, we are working very hard towards recovering additional funds in the case. Please continue to check our website for future updates.

Investors may call 1-800-223-2234 with their questions or write the Receiver at the below address:

Contact Information:

Telephone: 800-223-2234

Address: Michael I. Goldberg,
Receiver for Worldwide Entertainment Group
c/o Akerman Senterfitt
350 East Las Olas Boulevard
Suite 1600
Fort Lauderdale, FL 33301

Electronic mail: General Information: worldwide@akerman.com

In order to view the documents posted, you will need to install Adobe Acrobat Reader. If you do not have Adobe, please click the following link and follow the instructions


**ALERT**

THE IRS HAS ADOPTED NEW TAX PROVISIONS FOR THE BENEFIT OF VICTIMS OF FINANCIAL FRAUDS. WE BELIEVE THAT THE VICTIMS OF WORLDWIDE ENTERTAINMENT MAY QUALIFY FOR SUCH TAX BENEFITS. YOU ARE ADVISED TO IMMEDIATELY CONSULT WITH YOUR TAX ADVISOR TO DETERMINE WHAT, IF ANY, TAX BENEFITS YOU ARE ENTITLED TO. PLEASE CLICK THE LINK TO REVIEW IMPORTANT INFORMATION RELEVANT TO THESE NEW TAX PROVISIONS:
Provision 1 and Provision 2

SPECIAL NOTICE TO INVESTORS FROM THE COURT  

PLEASE DO NOT WRITE LETTERS OR CALL THE JUDGE, HIS LAW CLERKS, OR JUDICIAL ASSISTANTS REGARDING THIS CASE. THE JUDGE WILL NOT READ OR CONSIDER ANY EX-PARTE COMMUNICATIONS FROM INVESTORS. THERE ARE SPECIFIC RULES GOVERNING THE FILING OF DOCUMENTS WITH THE COURT THAT MUST BE FOLLOWED. IF YOU INSIST ON SENDING COMMUNICATIONS TO THE COURT, PLEASE CONSULT A LAWYER FOR THE PROPER PROCEDURE.

ANY QUESTIONS OR CONCERNS REGARDING THIS POLICY OR OTHER GENERAL CASE INFORMATION, SHOULD BE DIRECTED TO THE RECEIVER'S OFFICE BY CALLING (800) 223-2234, VIA E-MAIL AT WORLDWIDE@AKERMAN.COM, OR IN WRITING TO MICHAEL I. GOLDBERG, RECEIVER, 350 EAST LAS OLAS BLVD., SUITE 1600, FT. LAUDERDALE, FL 33301-2229.

 

   
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Last Updated on Thursday, April 15, 2010