$14.5M Remission Payments for International Fraud Victims

Mary Marr, Brooks Nesbitt, Douglas Casimiri, Tracey Jedlicki, Jeffrey Jedlicki, Massimiliano Turi, Rachael Winslow, Michel Chateau, Layne Gerstel, Alexander Landa, Frank Visicaro, Rose Marie Casimiri and Albert Michael Rivere

Consumers who sent money to one of the fraudulent investment schemes Mary Marr and her co-conspirators operated between 2009 and 2019 may qualify to claim a share of more than $14.5 million from a remission payment.

U.S. District Judge James Moody ordered Marr to pay $14,511,754.05 to resolve allegations that she led a complex international fraud and money laundering ring. The scheme targeted individuals worldwide, convincing them to invest in sham financial products. The conspirators then laundered the proceeds through U.S. bank accounts. The U.S. Department of Justice is overseeing a remission process to return recovered funds to eligible victims.

Who can file a remission claim?

Eligibility for this payment is based on whether an individual or estate suffered a financial loss by transferring funds to the fraudulent investment operations associated with Marr and her co-conspirators between 2009 and 2019.

Class members include:

Anyone who sent money to accounts linked to the criminal case during the specified period
U.S. and non-U.S. citizens identified through financial records and wire transfers into the perpetrators’ accounts
Estates of deceased victims

How much can class members get?

Pro rata payment: The total restitution fund is $14,511,754.05. However, the amount each eligible claimant receives depends on the total value of approved claims and the net proceeds available after administrative costs.

Due to the number of victims and the size of the losses, the fund is not sufficient to fully reimburse everyone. Instead, payments will be distributed on a pro rata basis according to each person’s net loss. Payments are based solely on the amount transferred into the perpetrators’ accounts; incidental or opportunity losses (such as lost profits or interest) are not recoverable. If a claimant has already recovered funds from other sources, that amount will be deducted from their award.

How to claim a fraud payment

To participate in the remission process, eligible victims must submit a petition for remission. There are two ways to file a claim:

Online using the claim ID and PIN provided in the notice letter (if received)
By mail by downloading, printing and mailing the PDF claim form to the settlement administrator

The deadline to submit a claim is Aug. 29, 2025.

Prepopulated petition forms were mailed to individuals identified as potential victims through a review of financial records. However, even if a person did not receive a form, they may still be eligible if they can provide documentation of their loss.

Claimants who received a prepopulated petition should review the loss amount listed. If the amount is correct, they can sign and submit the petition. If the amount is incorrect, they should fill out the section indicating the actual loss and attach supporting documentation.

Those who need to update their address or contact information should contact the settlement administrator.

Settlement administrator's contact information: Marr Remission Administrator, P.O. Box 301130, Los Angeles, CA 90030-1130, Info@MarrRemission.com

What proof or documentation is required to submit a claim?

Claimants must provide documentation supporting their loss, such as:

Copies of wire transfers or bank statements showing the fraudulent transfers
Documentation confirming the receipt of the investment
If filing on behalf of an estate, proof of death and documents showing authority to represent the estate

If the class member wants to dispute their prepopulated loss amount, they need to submit documentation showing the loss. Claimants should not send original documents—only copies.

U.S. citizens with approved claims must provide their Social Security Number or individual taxpayer identification number for Treasury Offset Program review.

Payout options

Payments will be made by check to the address provided on the claim form. If a payment needs to be reissued or the name on the payment needs to be changed, claimants should contact the administrator in writing or by email with supporting documentation.

$14.5 million Mary Marr settlement fund breakdown

The settlement fund of $14,511,754.05 covers:

Payments to eligible victims based on their net losses
Administrative costs for processing claims and distributing funds

Important dates

Claim deadline: Aug. 29, 2025

When is the payout date?

Payments will be made after the claim deadline has passed and the Department of Justice reviews and approves all petitions.

Why is there a remission payment?

Mary Marr and her co-conspirators allegedly operated a large-scale international fraud and money laundering ring from 2009 to 2019. The Department of Justice claimed they used high-pressure sales tactics through international boiler rooms to convince victims to invest in sham financial products and then laundered the funds through U.S. bank accounts and sent overseas.

U.S. District Judge James Moody sentenced Marr to 14 years in federal prison for conspiracy to commit money laundering. She must also pay restitution to victims in the amount of $14,511,754.05. Marr pleaded guilty in June 2021.