March 7, 2024

State attorney general watching St. Pete special needs trust’s bankruptcy, accusations founder took $100M

TAMPA, Fla.As a federal court appointed a committee of families impacted by the bankruptcy of a special needs trust fund company in St. Petersburg, the Florida Attorney General’s office confirmed it’s keeping an eye on the case.

In a court filing this week, the U.S. Bankruptcy Court in Tampa named a creditors committee, tasked with following the Center for Special Needs Trust Administration’s bankruptcy case and representing all the families potentially impacted by the situation.

“It just gives us all of a voice and allows us to represent all of the beneficiaries and give them a voice,” said Carol Mulholland, an Orlando mother who is among those appointed to the committee.

RELATED: St. Pete special needs trust fund founder accused of taking $100M becomes target of lawsuit: Court records

The Florida Attorney General’s office, meanwhile, told FOX 13 in a statement that it is following the case, adding, “we are aware, and the appropriate investigative agencies have been notified. We cannot comment further at this time.”

Several families, including Mulholland’s, have said they’ve contacted the FBI.

Last month, the Center filed for bankruptcy, accusing its founder, Leo Govoni, of taking $100 million in unapproved loans from 2009

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