Welcome to the Information Website of the USA Capital Diversified Trust Deed Fund, LLC.  At this site you can: View general information, view and download relevant documents, submit questions and more.   Letter to Investors mailed March 3, 2010 RE Filing of Protective Claim (click here to view) (1040X Form) UPDATE REGARDING JOSEPH MILANOWSKI PLEA HEARING On January 15, 2010, United States District Judge Roger L. Hunt presided over the plea hearing in the federal criminal case against Joseph Milanowski. The United States Attorney's Office (the prosecuting branch of the federal government) and Milanowski have reached a plea agreement pursuant to which the defendant will plea guilty to one count of wire fraud, and face between 8 to 12 years in prison. The purpose of the hearing was to allow Judge Hunt to learn more about the plea agreement, and to determine whether or not to approve it. Numerous investors appeared, and several testified about how Milanowski's actions have harmed them. The United States Attorney's Office maintained to Judge Hunt that Milanowski's plea agreement was in the best interests of the victims because it provides an incentive for him to continue assisting with recovery and restitution efforts. The Judge took the matter under submission, and tentatively set a sentencing hearing for April 9, 2010, at 9:00 a.m. If Judge Hunt decides to reject the plea agreement, he will cancel the sentencing hearing, and set the case for trial. Trial would likely last several weeks, although it is unclear when it would start. If Judge Hunt accepts the plea agreement, he will address the issue of sentencing at the April 9th hearing. His primary concern is whether Milanowski's cooperation with recovery efforts will produce meaningful results for victims. If he concludes that such effort likely will not benefit investors, then he probably will reject the plea agreement. We will attend the hearing and post a report on the website thereafter. ============ Letter to DTDF Investors mailed December 1, 2009 (click here to view) ============ The Diversified Board of Directors understands how frustrating Diversified’s chapter 11 was and further understands that the Diversified investors are eager for both information and payments.  We ask for your patience and want you to know that we and the Diversified professionals are working our hardest to obtain the best and the swiftest recovery for you.  But we want you to continue to remember the uphill battle that we face, and for you to understand that the struggle will not be over soon. ============ November 23, 2009 - Letter to Investors re Third Distribution (click here to view) ============ Update dated 10/14/09 Regarding Efforts to Obtain Pre-filing Agreement as to Tax Losses from Theft (click here to view)   ============   Article: Joe Milanowski pleads guilty (click here to view)