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Families question timeline of events that led to trust money being missing

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PINELLAS COUNTY, Fla. (WFLA) -- 8 On Your Side has investigated a St. Petersburg non-profit for the last nine months.

We’ve told you a federal judge has ordered the Center for Special Needs Trust Administration, which lost millions of dollars meant to help disabled people be shut down for good.

As this case continues to play out in federal bankruptcy court, victims still question the timeline of events and how their money went missing.

Danika Allison is only 12. She doesn’t understand the magnitude of her situation, but her mom said tens of thousands of dollars of her daughters’ special needs trust vanished, and something just isn’t adding up.

Danika is now in the sixth grade. She was born with a form of dwarfism called achondroplasia.

“When she was six weeks old, she had to have emergency spinal decompression surgery,” said Patti Allison, Danika’s mother.

Allison said doctors needed to clean out the bottom of her daughter’s skull into her spinal column, but went too far.

“It caused her spine to collapse," Allison said.

After a 10-year legal battle, the Allisons were awarded more than a half million dollars to provide for Danika’s future care. Allison said most of the money was placed into an annuity, while about another $80k was put in a trust at the Center for Special Needs Trust Administration in October of 2023.

Four months later, the center filed for chapter 11 bankruptcy.

“I was told that I couldn’t touch any of it because the Center was going through an audit,” she said.

Court records show between 2009 and 2020, Center founder Leo Govoni loaned $100 million from the center to his own company, Boston Finance Group. But Danika’s trust was set up three years after that alleged time frame, saying something is not adding up.

“Why was her money that was newly put in there even compromised because it didn’t make sense,” Allison questioned.

Allison still does not have any answers.

“When I fight for 10 years, almost 11, and not be able to utilize, use those funds where it was needed," she said. "It was a really hard-cut punch to not be able to do that.”>

Govoni has not paid that money back. Late last month, a federal judge has ordered the center to permanently close, and the remaining funds will be moved into another trust administrator.

Now, a Chapter 11 Trustee in the case is focusing on litigation and recovering $100 million, and it comes as the FBI also investigates.

“It just gives you a little bit of hope that maybe justice will be served,” Allison said.

With the center closing, the remaining funds are being moved into a new trust administrator called CPT Institute.

8 On Your Side Investigator Brittany Muller is sitting down CPT Institute Executive Director, Will Lindahl, to find out about this transition and why vulnerable families can trust them for their services.


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