RECEIVER: Trevor Cook May Be Hiding ‘Millions’ Of Iraqi Dinars, Faberge Eggs; SEC Has ‘Cooperating Witnesses’ In $190 Million Ponzi Case; Cook Wants $105 Monthly Outlay For Housecats

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“Witnesses have also advised that as recently as mid-2009, Trevor Cook had in his possession numerous Faberge Eggs,” Zayed said. “These Faberge Eggs are believed to be jeweled eggs made by the House of Faberge during the late 1800s and early 1900s which are valued in the tens of thousands of dollars.

“According to various witnesses, Mr. Cook caused these eggs to be removed from the Van Dusen mansion around the time that Cook learned of the investigation by the SEC in or about June 2009,” Zayed said.

Cook also was known to possess expensive watches, including a Rolex, but the watches have not been located, Zayed said.

After Cook’s assets were frozen in November 2009, Zayed said, Cook embarked on a spending spree in which he acquired more than $30,000 in gift cards.

Investigators have a video of Gina Cook shopping at Target with a $2,000 gift card, Zayed said. They also have a video of Trevor Cook holding a “large stack of $20 bills” on Jan. 10 at Cub Foods, according to court filings.

Meanwhile, Zayed said, Gina Cook is believed to be storing an expensive watch in a safe-deposit box, and Trevor Cook sought to hide his ownership of luxury cars by transferring the registrations to his wife and brother.

Graham Cook, Trevor Cook’s brother, “did not purchase the vehicle [a Lexus]; he does not even possess a Minnesota Driver’s License,” Zayed said.

“The SEC also introduced a video from the parking lot of the same Cub Foods store showing Cook loading the groceries that he had just purchased” into the Lexus purportedly owned by Cook’s brother, Zayed said.

Zayed has seized the Van Dusen mansion, a Minneapolis landmark that Cook and Kiley used as an office.

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  1. Alleged Minneapolis-Based Fraudster Trevor Cook Jailed for Failing to Surrender Assets in SEC Case
    FOR IMMEDIATE RELEASE
    2010-12

    Washington, D.C., Jan. 25, 2010 — A federal judge today ordered Minneapolis-area resident Trevor G. Cook jailed for failing to surrender more than $35 million in assets as a result of the Securities and Exchange Commission’s fraud charges and asset freeze against him.

    Read the full S.E.C. press release here:

    http://www.sec.gov/news/press/2010/2010-12.htm