HOUSTON – An order confirming a receiver’s authority was entered in a 17-year-old lawsuit against Mark Riley.
The lawsuit, Robert Alpert et al vs. Riley et al, was filed on Sept. 28, 2004 in the U.S. District Court for the Southern District of Texas.
According to the original petition, Riley, an attorney and accountant, was accused of developing a scheme to harm his clients for financial gain by disclosing their confidential financial and tax return information. The victims were beneficiaries of a trust.
Court records show the case was closed back in 2011.
On Sept. 6, 2013, a post-judgment order requiring turnover of property and appointing receiver was entered, stating a receiver should be appointed to take possession of and sell Riley’s assets.
The order confirming the receiver’s authority was entered on Dec. 22.
Court records show Travis B. Vargo, the court appointed receiver, filed a sealed report seeking to confirm whether actions he anticipates undertaking are within the authority of him as receiver.
The Court found that the receiver is permitted and authorized to proceed, and may investigate debts owed to Riley by third parties (lender entities) Justin Bayne, BCRE Services, Colorado Third Street, 4811 Soco, 8209 Burnet, Cesar Rainey Street, Alamo Lanark, Spring Custer, Timber Culebra and La Zona Rio.
The court found the receiver has the authority to determine Riley’s interests in the lender entities by examining documents and seized communications and interviewing witnesses.
Case No. 4:04-cv-03774