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Caledonian Bank officers 'complicit' in $38 m securities fraud, says SEC

February 08, 2016 - Records provided to the U. S. SEC by the liquidators of Cayman Islands-domiciled Caledonian Bank show that "high-level employees" of the bank were "complicit" in a pump-and-dump securities fraud by clients that netted a $38 million profit, says the regulator. Caledonian has agreed to pay $25 m in "disgorgement" but the SEC has agreed to "forgo payment" due to the bank's insolvency.

SEC v. Caledonian Bank Ltd. et al: Proposed Settlement

February 08, 2016 - Proposed Settlement in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd. and Caledonian Securities Ltd. at the U. S. District Court for the Southern District of New York.

Guatemala: Armando Jose Marcelo Soto Enriquez

February 05, 2016 - Application for the appointment of a Commissioner - pursuant to a request for judicial assistance by Guatemala - for a criminal investigation into Astrid Maria Zachrisson Gonzalez, Jose Manuel Bolanos Fortuny, Carlos Domingo Portillo Gracioso and Carlos Eddie Bolanos for alleged participation in the attempted murder of Armando Jose Marcelo Soto Enriquez.

USA v. Bank Julius Baer & Co.: Forfeiture Complaint, Criminal Information & Deferred Prosecution Agreement

February 04, 2016 - Forfeiture Complaint in the amount of $219 million, Criminal Information, and Deferred Prosecution Agreement in USA v. Bank Julius Baer & Co. at the U. S. District Court for the Southern District of New York.

Martin Kenney & Co v Amanda J Ford et al: Claim Form

January 21, 2016 - Claim Form in Martin Kenney & Co. v. Amanda J. Ford, Andrea S. Engelken, Dustin T. Engelken, Michael Storm, Devin A. Engelken, and Lori S. Bassett at the British Virgin Islands High Court.

Simetra Global Assets Ltd. et al v. Patrick Cunningham: Petition for Judicial Assistance

January 13, 2016 - Petition for Judicial Assistance in Simetra Global Assets Limited and Richcroft Investments Limited v. Patrick Cunningham at the U. S. District Court for the Southern District of New York.

Panama broker Verdmont Capital goes into liquidation

January 13, 2016 - Panama-based broker-dealer Verdmont Capital has become the latest offshore defendant in a securities fraud lawsuit filed by the U. S. Securities and Exchange Commission to go into liquidation.

SEC v. Verdmont Capital, S.A. et al: Notice of Liquidation

January 12, 2016 - Notice of Liquidation of Verdmont Capital, S.A. in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Verdmont Capital, S.A., Clear Water Securities, Inc. and Legacy Global Markets S.A. at the U. S. District Court for the Southern District of New York.

Sauren Fonds-Select SICAV v. Pramerica Real Estate Investors: Discovery Application

January 08, 2016 - Application to Take Discovery in Sauren Fonds-Select SICAV v. Pramerica Real Estate Investors at the U. S. District Court for the District of New Jersey.

Carlyle Capital Corporation Ltd.: Judicial Assistance

January 07, 2016 - Application for judicial assistance by Neil Mather and Alan Roberts, as liquidators of Carlyle Capital Corporation Limited (in liquidation), regarding Patrick Trozzo at the U. S. District Court for the Southern District of New York.
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DOJ Scores Big With Record-breaking Alstom FCPA Sentence -- Who's Next On the DOJ'S FCPA Hit List?
Eric Havian
By   Gordon Schnell      Late Friday, French power and transportation company Alstom S.A. was sentenced to pay a $772 million fine for violating the Foreign Corrupt Practices Act (FCPA) through its payment of millions of dollars in secret bribes to government officials across the gl