Zada Hits The Front Pages Again
Joe Zada is hitting the front pages of both the Detroit Free Press and the Palm Beach Post again, this time reporting the judgment against him in favor of Serge Federov in the amount of $60,000,000.00! Just yesterday he was still telling one of the few people who he still speaks to from the approximately 30 we know he admits to owing money, that the funds are now finally in his account. But, he says, the receiver who has been appointed by Federov’s attorney’s is impeding his ability to disburse the funds to those he is indebted to. At this point, practically all of us “victims” have become aquaintances if not friends, an intersting bi-product of having one very big thing in common with each other. Not only do we speak together often, but many of our attorney’s have also been in contact and most are speaking as well to the authorities.
If Joe is being honest, though I honestly do not believe it any more than I believed the last 20 times he said the money was now here and payment was imminent, it would absolutely be in his best interest to give us all proof , verifiable by his bank. It might not stop the authorities from proceeding against him, but it certainly would induce all of us who have brought suits against Joe or couldn’t afford to do so, to show some restraint and renewed patience. So far, my multiple calls and E-mails to John Whittles, Joe’s lawyer here in West Palm Beach, have not been returned, dispite the fact that his secretary told me he would call me back 2 days ago.
Joe also wrote in his Zadaresponds.com that Diana De Rosa, a prominent journalist in the equestrian industry, refused to allow him to respond to the allegations against him or to tell his side of the story. In fact, though she received a letter from Whittles saying Joe wanted to meet with her along with him weeks ago in New York, her many attempts to set the date and time during the last several weeks have also gone unreturned.
Here is what I do know. The truth is coming out more and more with each day that passes, and justice ultimately will be done, though possibly not with the financial results that we who have lost so much wish. Oh, and Joe, if you wish to post a response and fill us all in on exactly where our money is, please feel free to do so. We would all love to know!
Cheers!
RD




















