If he doesn't get their names, Cuthill won't share with them any of the undetermined assets he may find among Zylka's possessions, the trustee will tell the court.

Cuthill has told the court he suspects money launderers and tax evaders may be among the 2,000 investors who lost money in what lawyers are calling one of Florida's largest mortgage securities frauds. Evergreen allegedly sold mortgage-backed securities offering a 10% return and purportedly guaranteed by the U.S. government.

The offshore accounts in Costa Rica, Nassau and other Caribbean locations are identified in Orlando court records so far by number only.

Evergreen filed in January for Chapter 11 protection from creditors under the U.S. Bankruptcy Code. None of the $214 million allegedly swindled has been recovered. But a criminal investigation under way in New York is uncovering assets owned by Evergreen's mysterious Zylka.

The Manhattan District Attorney's Office has confiscated six of Zylka's privately-owned vehicles and 45 paper-filled filing cabinets from his New Jersey home. Among his vehicles: An armor-plated BMW limousine. A New York City grand jury is taking daily testimony on the alleged fraud described by lawyers in Orlando's Bankruptcy Court as a typical Ponzi scheme.

The FBI and the U.S. Securities and Exchange Commission are separately investigating the activities of Evergreen and Zylka, lawyers close to the case tell GlobeSt.com.

Zylka's assets allegedly include an undetermined amount of commercial property, legal sources tell GlobeSt.com on condition of anonymity.

Instant Insights /

Mortgage Fraud-Case Trustee Wants Phantom Investors Identified

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