Lifetime Receiver H. Thomas Moran II, Receiver of LifeTime Capital, Inc.


The Honorable M. Casey Rodgers has recently entered an Amended Criminal Judgment against David W. Svete, Ron Girardot, and Charme Austin which includes restitution amounts in excess of $100,000,000.00. Mr. Svete reported to an Ohio prison on Monday, August 15, 2005, to begin serving his sentence of 200 months. Copies of the Amended Judgments and Sentences (including the restitution portion of the Judgments) are attached hereto. For further information, please contact the U.S. Department of Justice Victim Notification System at or by calling the Victim Notification System Call Center at 866-DOJ-4YOU (866-365-4968).

David Svete Amended Judgements and Sentences

Ron Girardot Amended Judgements and Sentences

Charme Austin Amended Judgements and Sentences

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Today David Svete surrendered himself to authorities at a prison in Ohio for his prison term.

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At my request the receiver will soon post a list of the policies in the portfolio including age and sex of the viator, face amount and annual premium. This should provide the additional information many of you have requested.
Andrew Storar, Examiner


The receiver will be moving his offices to a new location on Friday, August 12th and Monday, August 15th. The phone and computer systems will be down periodically, so you may have difficulty reaching us.

We apologize for any inconvenience this may cause. Please feel free to contact the office after our move.

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Investors: Some potentially good news. I've been in discussions with a company that specializes in assisting victims of investment fraud obtain tax refunds. Our preliminary agreement is that they will do this on a contingent fee basis, that is, they only receive a fee if you get a refund. That fee will likely be 25% of the refund.

In the coming weeks you will receive a letter with contact information and a toll free number that is being set up just for LifeTime investors.
It is up to you if you want to contact them. At this point I am not providing them with information as to how to contact you so if you want to take advantage of this opportunity it is solely up to you.

They may not be able to help all of you. IRA's are generally outside the scope of their services.

In case you are wondering, I am not getting anything out of this other than my expenses for the mailing.

If you want additional information before you receive the letter, contact me.
Andrew Storar, Examiner


Mr. Svete's motion to set bond pending appeal was denied. He has again been instructed to surrender on August 15, 2005.

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Premiums for August 2005

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Lifetime Capital Inc. Portfolio

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