The Court of course rejected this on the basis that the very purpose of a Receiver is to represent the suckers in litigation to recover their money.

FORBES: Elephants and Donkeys Find Unhappiness In Sir Scam-A-Lot's Court

It would be interesting to know how much money others made on the spread between what Rivera got for his shares and what the suckers on the other end ultimately paid.

FORBES: SEC Wins Summary Judgment Against Biofuel Scammer