LOS ANGELES – A California woman is alleged to have knowingly accepted fraudulently obtained funds.
Mark G. DeGiacomo, Chapter 7 trustee for the Estate of RMA Strategic Opportunity Fund LLC, filed a complaint on Jan. 25 in the U.S. District Court for the Central District of California against Aimee Montoya alleging fraudulent transfer, unjust enrichment and other counts.
According to the complaint, "an investment in the (RMA Strategic Opportunity Fund) was billed to investors as an opportunity to invest in a multi-billion dollar hedge fund that consistently outperformed the S&P 500 Index. In fact, it was nothing more than a Ponzi scheme that was operated as a slush fund for the benefit of Raymond Montoya and his immediate family including defendant Aimee Montoya... his daughter."
The suit states that since Jan. 1, 2014, investors poured at least $30 million into the investment scheme but claims that of the more than $30 million received from investors, only a fraction of that amount now remains.
The plaintiff holds Montoya responsible because the defendant allegedly received a benefit to which she was not entitled at the expense of RMA Strategic Opportunity Fund defrauded investors and creditors.
The plaintiff requests a trial by jury and seeks to award of damages, recover of the amounts, and grant such other and further relief the court deems just and proper. The plaintiff is represented by Howard J. Weg and James P. Menton Jr. of Robins Kaplan LLP in Los Angeles.
U.S. District Court for the Central District of California case number 2:18-cv-00650-DDP-KS