General
Secure Information Platform
NextBank Clients
United for Transparency. United for Recovery.
This private platform was created for former clients and investors affected by the regulatory liquidation of Next Bank International, Inc. (Puerto Rico).
- Share verified information and updates
- Collect documentation from affected clients
- Coordinate potential legal actions
- Provide transparency on the recovery process
Regulatory Status
| Entity | Next Bank International, Inc. |
| Charter | IFE — Act 273-2012 (Puerto Rico) |
| Status | Regulatory Liquidation |
| Case Number | C-24-EFI-01 |
| Receiver / Trustee | Wigberto Lugo Mender, Esq., CPA |
| Regulatory Authority | OCIF — Puerto Rico |
| FDIC Insurance | NOT FDIC-INSURED |
| Operations | FULLY SUSPENDED |
Source: Office of the Commissioner of Financial Institutions (OCIF), Puerto Rico. Case No. C-24-EFI-01.
This entity operates under compulsory liquidation order by OCIF Puerto Rico. All commercial operations are fully suspended. Contact the appointed trustee for claim inquiries.
OCIF Case C-24-EFI-01
Liquidation Overview
Key financial metrics of the NextBank regulatory liquidation
$0.00M
Total Obligations
Customer accounts outstanding
$0.00M
Corporate Accounts
Active + closed + dormant
$0.00M
Personal Accounts
Active + closed + dormant
$0K
Cash Available
Under trustee control
Critical
Access all information and resources in one place
Portal Sections
Featured
Latest Updates
Chronological log of verified developments, trustee communications, and regulatory proceedings.
Learn more
Legal Action
Investigation into the insolvency, key actors, and civil recovery avenues.
Documents
Download OCIF resolutions, compliance checklists, trustee reports, and official communications.
Submit Information
Register as an affected client. Upload supporting documents and banking details securely.
FAQ
Answers about the liquidation process, claim filing, distribution mechanics, and legal options.
Creditor Map
Geographic distribution of affected clients across jurisdictions worldwide.
Learn more
Verified developments and official communications
Latest Updates
Next Bank International chartered as IFE under Act 273-2012
OCIF initiates regulatory action against NextBank
Receiver/Trustee Wigberto Lugo Mender appointed
Liquidation and Dissolution Order issued
Resolution on Liquidation and Dissolution ratified
Initial Notification Letter sent to clients
Trustee Report on Work Performed published
Compliance document collection ongoing
Legal
Resolution on Liquidation and Dissolution ratified by OCIF
Legal
Liquidation and Dissolution Order issued for NextBank
Report
Trustee publishes quarterly report on work performed
Administrative
Wigberto Lugo Mender appointed as Receiver/Trustee
Official OCIF resolutions, trustee reports, and compliance resources
Documents Library
CategoryDocumentDateGet
All documents are official records from OCIF and the appointed Receiver/Trustee.
Financial Overview
With only $309K in available cash against $16.86M in customer obligations, the recovery rate remains critically low. Asset recovery proceedings are ongoing.
Obligation Breakdown
Total Customer Obligations: $16.86M
Recovery Fund Allocation
How Available Funds Are Allocated
Account Distribution
~90 Accounts Affected
Asset Recovery Progress
Liquidation Mass Realization
Legal Action & Investigations
The insolvency of Next Bank International was preceded by regulatory non-compliance and governance failures under CEO John Todd Bonner. With $16.86M in customer obligations and only $309K in available cash, the recovery gap is severe. An active investigation into Bonner's corporate network — spanning NextPlay Technologies, HotPlay Thailand, and 28 BVI entities — is underway.
Legal Actions Being Evaluated
Civil litigation against responsible individuals
Regulatory complaints to US and Puerto Rico authorities
Cross-border asset recovery — BVI entities
Coordination with other affected clients
Corporate veil piercing through offshore entity tracing
Corporate Network
NextBank International → John Todd Bonner (CEO) → NextPlay Technologies (NASDAQ) + HotPlay Thailand + Longroot Inc + 28 BVI entities. Multiple legal proceedings across jurisdictions.
Corporate Network — John Todd Bonner
IFE — Puerto Rico
Next Bank International, Inc.
Regulatory Liquidation 2025
CEO — Under Investigation
John Todd Bonner
U.S. Citizen — Bangkok, Thailand
NextPlay Technologies
NASDAQ: NXTP
HotPlay Thailand
Chairman
Longroot Inc
CEO — Crypto/Tokens
28 BVI Entities
British Virgin Islands
Board Member — Spouse
Nithinan Boonyawattanapisut
NextBank International, Inc.
Key information about the liquidation process and your rights
Frequently Asked Questions
Questions
What happened to NextBank?
Next Bank International, Inc. was a Puerto Rico-based International Financial Entity (IFE) chartered under Act 273-2012. In 2024, the Office of the Commissioner of Financial Institutions (OCIF) initiated regulatory action due to non-compliance. On January 7, 2025, a Liquidation and Dissolution Order was issued. The bank is NOT FDIC-insured.
1 / 5
Register as an Affected Client
If you were a client of Next Bank International or related entities, we encourage you to register on this portal. This helps us map the total exposure, coordinate potential group legal action, and ensure you receive all verified updates.
Trustee Email
trustee@nextbankprliquidation.comContact details will be published soon. Please check back for updates.