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Judge orders trustee in USA Capital case

December 21, 2006|From the Associated Press

A federal judge wants a trustee to oversee a deal that could transfer millions of dollars in assets from a USA Capital mortgage loan fund to a reputed mob associate.

Bankruptcy Judge Linda Riegle on Tuesday ordered the appointment of a trustee to protect the interests of USA Capital Diversified Trust Deed Fund investors in Palm Springs' Hotel Zoso.

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