Episode 22: Notable Wire Transfers

6 parts

The $14.66 million IOLA problem, 31 butterfly wires, and the retainer replenishments — the individual transfers that document the machine. Each part builds on the last — investigative analysis drawn from court filings, financial records, and released documents. Browse all episodes or the full investigation archive.

  1. Part 1 The $14.66 Million IOLA Problem Notable Wire Transfers

    Darren Indyke's Interest on Lawyer Account (IOLA) at TD Bank received $14.66 million in just three wire transfers from Southern Trust Company via Charle...

  2. Part 2 31 Butterfly Wires Notable Wire Transfers

    The Butterfly Trust disbursed $2.65 million through 120-plus wire transfers from its Deutsche Bank checking and money market accounts, with at least 18...

  3. Part 3 "je retainer replenishment" — $200K Notable Wire Transfers

    A $200,000 wire from Indyke's Interest on Lawyer Account (IOLA — a special trust account attorneys use to hold client funds temporarily) to Miami crimin...

  4. Part 4 $606.9 Million — Southern Financial LLC Notable Wire Transfers

    Southern Financial LLC processed $606.9 million (six hundred six million, nine hundred thousand dollars) in inflows and $194.7 million in outflows, leav...

  5. Part 5 Horizon Title — $2.84 Million for 6030 Le Lac Road Notable Wire Transfers

    Darren Indyke wired $2,839,259.73 from his personal TD Bank checking account to Horizon Title Services in West Palm Beach for "closing costs for 6030 Le...

  6. Part 6 PIASA, ARTCURIAL, and AUP — The French Wires Notable Wire Transfers

    Wire transfers to French entities totaled $1.575 million (one million, five hundred seventy-five thousand dollars): $699,000 to PIASA auction house, $7,...