GRISEL ALONSO, ESQ., RECEIVER
Securities and Exchange Commission
v.
Frederic Elm f/k/a Frederic Elmaleh, Elm Tree Investment Advisors, LLC,
Elm Tree Investment Fund, LP, Elm Tree e'Conomy Fund, LP,
Elm Tree Motion Opportunity, LP, and Amanda Elm f/k/a Amanda Elmaleh
United States District Court
Southern District of Florida
Case No. 15-CV-60082-WPD
Message from the Receiver
Welcome to the website of Receiver, Grisel Alonso, Esq. Ms. Alonso is the court-appointed Receiver for Elm Tree Investment Advisors, LLC, Elm Tree Investment Fund, LP,
Elm Tree 'e'Conomy Fund, LP, Elm Tree Motion Opportunity, LP, and Etopia LP.
This website has been created to provide convenient access to pertinent information about the Receivership, including important dates and court documents. This website will be updated frequently to keep investors and all interested persons informed of the Receiver’s progress. If you require further information not contained in this website, please contact the Receiver by email at ElmTreeInfo@Alonso-Receivers.Com.
Investor Distributions
The Receiver has made an initial distribution of $1.8 million to all claimants with allowed claims in this case. On July 28, 2022, the Court entered an Order granting the Receiver’s Motion for Court Approval of Second Distribution. Copies of the Motion and Order can be found under “Court Filings” above. The Court has approved the Receiver’s distribution of an additional $400,000.00 to eligible claimants for a total distribution to date of $2.2 million representing a 32.05% return of their losses in the Elm Tree funds. At this time, investors are urged to provide the Receiver’s office with any changes to their contact information (new mailing addresses, E-mail addresses or telephone numbers). If you need to update your contact information on file with the Receiver, please complete the Change of Address Form (see the link below) and submit it to the Receiver’s office in accordance with the instructions on the form.
Elm Sentenced to 85 months
On September 25, 2020, Frederic Elm was sentenced to 85 months in federal prison for his participation in a securities fraud scheme. Mr. Elm was further sentenced to 3 years of supervised release, ordered to forfeit $8,318,840.07, and to pay restitution in the amount of $12,426,293.11. Mr. Elm, who had been a fugitive since June, 2017, was arrested in Canada and extradited to the United States in January, 2020. See Press Release under “News” Tab Above.