An order from the US District Court – Middle District of Florida appointing Mark A. Kornfeld as receiver in a fraud case was entered late on March 6, 2020. The next morning, Kornfeld went to the BBT Financial Center, on 1800 Second Street, in Sarasota, Florida and took possession of Suite 855. Since 2013, it has been the office of Kinetic Funds and Lendacy, the companies that investment manager Michael Williams used to defraud dozens of investors from Puerto Rico and Florida, according to a civil case filed by the US Securities and Exchange Commission (SEC) at the beginning of the year. Inside the office, backed by a forensics team, Kornfeld changed the locks on the door, went through several files and took an inventory of all of the items. The office, on the eighth floor of a brick building with luxury suites, was left empty. Everything that had been in it was transported to a storage facility in Sarasota, a city south of Tampa.