Ecuador

usa-v-roberto-cortes

Three indicted in NY for ‘$155M Biscayne Capital fraud’

Three men have been indicted in New York for allegedly perpetrating a $155 million fraud and money laundering scheme involving entities in or from Argentina, Bahamas, Belgium, Bermuda, British Virgin Islands, Cayman Islands, Ecuador, Germany, Switzerland, Uruguay, and the United States.

USA v. Roberto Cortes et al: Criminal Indictment

Criminal Indictment alleging conspiracy to commit wire fraud, bank fraud and money laundering involving entities in or from Argentina, Bahamas, Belgium, Bermuda, British Virgin Islands, Cayman Islands, Ecuador, Germany, Switzerland, Uruguay, and the United States in USA v. Roberto Gustavo Cortes Ripalda, described as a citizen of Ecuador and the U.S.; Fernando Haberer Bergson, described as a citizen of Germany and Uruguay and a resident of Argentina, and Ernesto Heraclito Weisson Pazmino, described as a citizen of Ecuador and the U.S., at the U. S. District Court for the Eastern District of New York.

Madison Asset LLC v. Deutsche Bank AG: Second Amended Complaint

Second Amended Complaint "against Deutsche for its role in aiding a fraudulent trading scheme orchestrated by Madison's former principals and principals of related entities between 2014 and 2017 that caused Madison to suffer more than $200 million in damages" in Martin Trott and Christopher Smith, as Joint Official Liquidators of Madison Asset LLC (in Official Liquidation), of the Cayman Islands v. Deutsche Bank AG, of New York, at the U. S. District Court for the Southern District of New York.

Michael Pearson et al v. Ernesto Weisson et al: Complaint

Complaint alleging "a scheme to loot the accounts of investors in the Biscayne Capital group of companies, by stuffing these accounts with purported investments in various structured note offerings made by the Note Issuers" involving entities in Argentina, Brazil, British Virgin Islands, Cayman Islands, Ecuador, Uruguay, USA, and Venezuela in Michael Pearson, Stephen Briscoe, Andrew Childe, and Anna Silver, solely in their capacities as joint official liquidators and foreign representatives, Preferred Income Collateralized Interest Ltd., Diversified Real Estate Development Ltd. (f.k,a. ORC Senior Secured Limited), GMS Global Market Step Up Note Ltd., SG Strategic Income Ltd., Sentinel Investment Fund SPC, and Biscayne Capital Holdings Ltd., Biscayne Capital (BVI) Ltd., Sentinel Mandate & Escrow Ltd., and Vanguardia Group, Inc. v. Ernesto Weisson, Weisson Holding, LLC, Inmobilaria del Norte INORSA LLC, Empacadora Grupo Granmar SA, CVNet Distribution LLC, Latitude Foods and Bakery, LLC, Tucson Securities, Corp., Fernando Haberer, Gliker Trading Ltd., Dario Epstein, WinWer S.A., Domingo L. Bustillos, Galileoenergy S.A., Nicolas Barcia, Atanasio Mattheou, Yiwu Passion Import and Export, EGL Income Properties LLC, Diego Mussio, Ernesto Liurner, Miguel Verdias, Christoph Schaer, Arca International Bank, Inc., Jorge Chacin Landaeta, Marco Eduardo Vanzini, Afa Legal Resources (Cayman) Ltd., Cono Sur Logistics Corp., Catalina Guevara, EPC Multi Family Partners, Joyas Le Yaku, C.A., Solu Capital LLC, Havan Chang Holdings Limited, Promotora HTO C.A., Properties Investment Fund III, Servicios Petroleros, Select Industries PLC, Mercedes Cepeda Rivera, Marcelo Jorcin, Forum Globe LLC, Fresh Organics LLC, Yellow Stone Park Ltd., Patricia Aviles, ACA Ventures Ltd., John Doe 1, Importaciones y Servicios Ruso, Silmar C.A., Pablo Perrotta, Falcon Group Asset Management, Goban Trading Inc., Aceros y Metales Dos Mil, S.A., Alvaro Muscio, Globaldeg Logistic LLC, Voitto Corp., John Doe 2, Gevabra S.A., Agricola Nuova Terra Guatemala, S.A., Kingdom Trust Company, Columbus Exploration Corporation, Global Retail Information Ltd., Galier Partners, Atlantic Sky Consulting Group Ltd., John Doe 3, John Doe 4, Societe Generale R&S Business Center S.A., Atis Strategic, Federico Gil, Autogil Puerto Ordaz C.A., Juan Xavier Ribas, Avior Airlines CA, Sidor C.A., Diego Young, LGT Bank (Schweiz) AG, Faroy S.A., Pritt Investments Co., AD Markets Ltd., Agropecuaria Sanfiz C.A., Full Piscinas Corp., Gems Limited, J.I.K. S.A., John Doe 5, Pixelart Cocinas, C.A., Fredy Roberto Sandoval Cerda, Wendy Maria Vera, Advanced Fund Administration, Pablo Costabile, Edificio Mendoza LLC, Cauchos Del Sur, C.A., Asia Latina Trading Co., Ltd., Girbra S.A., Dilo Administracao de Bens Proprios Ltda., Emporio Group Entertainment, and Arkdale Investments Limited at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.

Deposito Centralizado de Compensacion y Liquidacion de Valores Decevale, SA v. Ecuador High Yield Bond Fund LLC et al: Discovery Application

Application by Deposito Centralizado de Compensacion y Liquidacion de Valores Decevale, S.A. to take discovery from Ecuador High Yield Bond Fund LLC, Argonaut FL LLC, Penderton Management LLC, Jorge Cherrez Miño, Lafise Securities Corporation, IBCorp Asset Management Inc., ICS Institutional Custody Services LLC, and Citigroup Inc. "for use in reasonably contemplated civil and/or criminal proceedings in Ecuador to be filed against Mr. Luis Alvarez Villamar, Decevale's former Operations Manager, for fraud, breach of fiduciary duties, and/or indemnification", filed at the U. S. District Court for the Southern District of Florida.

Madison Asset LLC v. Deutsche Bank AG: Complaint (Redacted)

Redacted Complaint "against Deutsche for its role in a fraudulent trading scheme orchestrated by Madison's former principals and principals of related entities between 2014 and 2017 that caused Madison to suffer more than $200 million in damages" in Martin Trott and Christopher Smith, of RHSW (Cayman) Limited, as Joint Official Liquidators of Madison Asset LLC (in Official Liquidation), described as "a Cayman investment fund that is now in official liquidation proceedings before the Grand Court of the Cayman Islands" v. Deutsche Bank AG at the U. S. Bankruptcy Court for the Southern District of New York.

Ecuador: Esteban Sachs Lizarzaburo et al

Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase Bank - pursuant to a request for judicial assistance from Ecuador - for a criminal investigation into Esteban Sachs Lizarzaburo, Marina Vedani de la Torre, Juan Xavier Ribas Domenech, Jose Luis Romo Rosales Castillo, Veronica Priscila Haro Herrera, Felipe Moncaleano Botero, CONTROLASEG S.A., a.k.a. Seguros Sucre S.A., and Casa Mobeloft S.A. for suspected money laundering.

USA v. Sargeant Marine Inc.: Plea Agreement

Plea Agreement regarding alleged violations of the Foreign Corrupt Practices Act involving, inter alia, Asphalt Trading, of the Bahamas; Petróleo Brasileiro S.A., a.k.a. Petrobras, of Brazil; Petroleos de Venezuela S.A., a.k.a. PDVSA, of Brazil; Empresa Publica de Hidrocarburos del Ecuador, of Ecuador, and Daniel Sargeant in USA v. Sargeant Marine Inc., described as "an asphalt company" based in Boca Raton, Florida, at the U. S. District Court for the Eastern District of New York.

USA v. Sargeant Marine Inc.: Criminal Information

Criminal Information alleging violations of the Foreign Corrupt Practices Act involving, inter alia, Asphalt Trading, of the Bahamas; Petróleo Brasileiro S.A., a.k.a. Petrobras, of Brazil; Petroleos de Venezuela S.A., a.k.a. PDVSA, of Brazil; Empresa Publica de Hidrocarburos del Ecuador, of Ecuador, and Daniel Sargeant in USA v. Sargeant Marine Inc., described as "an asphalt company" based in Boca Raton, Florida, at the U. S. District Court for the Eastern District of New York.

USA v. Roberto Heinert: Criminal Information

Criminal Information alleging conspiracy to commit money laundering regarding an alleged bribery scheme involving Ecuador and violations of the Foreign Corrupt Practices Act in USA v. Roberto Heinert, a dual citizen of Ecuador and the USA, at the U. S. District Court for the Southern District of Florida.

USA v. Aleksandr Spitsyn: Criminal Complaint

Criminal Complaint alleging money laundering regarding "work-from-home fraud schemes" in USA v. Aleksandr Vladimirovich Spitsyn, a citizen of Russia, at the U. S. District Court for the Northern District of Georgia.

Maria Cristina Abud Valech v. Jeffrey Himmel et al: Discovery Application

Application by Maria Cristina Abud Valech, described as "the widow of José Alfredo Antón Díaz ... one of Ecuador's richest and most powerful men", to take discovery from Jeffrey Himmel, Francisco Larenas, María De la Torre, Jean Carlo Proaño, Georgina V. Zegarra, Lourdes Taylor, Aida Valdez, Carlos Valdez, Niurka Rodríguez, Varko International Inc, Canfiel Development Inc., Contadina Inc., Ecuplas S.A., Pan International Inc. S.A., Diplast S.A., Ecuplas, Salimar, LLC, Windsky Corporation, Ruthlyn Holdings Inc., Orangegrove Property Inc., Rozencwaig & Nadel, LLP, Wells Fargo Bank, N.A., U.S. Trust, UBS Financial Services, Inc., Banco Santander Internacional, Santander Private Banking, Banco Sabadell, S.A., Sabadell Bank & Trust, Morgan Stanley, Miller-Miller Group, JP Morgan Chase Bank, N.A., Goldman Sachs Group, Inc., Interaudi Bank, Citibank, N.A., Merrill Lynch, and Bank of America "to give testimony and/or to produce documents for use in reasonable probate proceeding to be filed by Applicant in Ecuador before the Ecuadorian Court", filed at the U. S. District Court for the Southern District of Florida.

Contrarian Emerging Markets LP et al v. The Republic of Ecuador: Class Action Complaint

Complaint "for violations of the federal securities laws arising from a coercive exchange, or tender offer for $17.4 billion of the Republic's outstanding bonds, based on materially false and misleading statements" in Contrarian Emerging Markets LP, of Delaware; GMO Emerging Country Debt Fund, of Massachusetts; GMO Emerging Country Debt Investment Fund Plc, of Ireland, and GMO Emerging Country Debt (UCITS) Fund, of Ireland v. The Republic of Ecuador at the U. S. District Court for the Southern District of New York.

Avianca Holdings SA v. G4S Facility Management Cia. Ltda. et al: Complaint

Complaint in Avianca Holdings S.A., Aero Transporte de Carga Unión, S.A. de C.V., Aeroinversiones de Honduras, S.A., Aerovías del Continente Americano S.A. Avianca, Airlease Holdings One Ltd., America Central (Canada) Corp., America Central Corp., AV International Holdco S.A. (N/A),  AV International Holdings S.A., AV International Investments S.A., AV International Ventures S.A., AV Investments One Colombia S.A.S., AV Investments Two Colombia S.A.S., AV Taca International Holdco S.A., Avianca Costa Rica S.A., Avianca Leasing, LLC, Avianca, Inc., Avianca-Ecuador S.A., Aviaservicios, S.A., Aviateca, S.A., Avifreight Holding Mexico, S.A.P.I. de C.V., C.R. Int'l Enterprises, Inc., Grupo Taca Holdings Limited, International Trade Marks Agency Inc., Inversiones del Caribe, S.A., Isleña de Inversiones, S.A. de C.V., Latin Airways Corp., Latin Logistics, LLC, Nicaraguense de Aviación, Sociedad Anónima (Nica, S.A.), Regional Express Américas S.A.S., Ronair N.V., Servicio Terrestre, Aereo y Rampa S.A., Servicios Aeroportuarios Integrados SAI S.A.S., Taca de Honduras, S.A. de C.V., Taca de México, S.A., Taca International Airlines S.A., Taca S.A., Tampa Cargo S.A.S., and Technical and Training Services, S.A. de C.V., which are all "part of the second largest airline group in Latin America and the largest airline in the Republic of Colombia" v. G4S Facility Management Cia. Ltda., of Ecuador, and G4S Secure Solutions International Inc., of Florida, at the U. S. Bankruptcy Court for the Southern District of New York.

LATAM Airlines Group SA et al: Chapter 11 Petition

Chapter 11 Petition by LATAM Airlines Group S.A., Lan Cargo S.A., Transporte Aéreo S.A., Inversiones Lan S.A., Lan Pax Group S.A., Fast Air Almacenes de Carga S.A., LATAM Travel Chile II S.A., Technical Training LATAM S.A., Lan Cargo Inversiones S.A., Holdco Colombia I SpA, Holdco Colombia II SpA, Línea Aérea Carguera de Colombia S.A., Aerovías de Integración Regional S.A., Holdco Ecuador S.A., LATAM Finance Ltd., Peuco Finance Ltd., LATAM Airlines Perú, Inversiones Aéreas S.A., Mas Investment Ltd., Lan Cargo Overseas Ltd., LATAM Airlines Ecuador S.A., Professional Airline Cargo Services, LLC, Cargo Handling Airport Services, LLC, Connecta Corporation, Prime Airport Services Inc., Maintenance Service Experts, LLC, Lan Cargo Repair Station LLC, Professional Airline Maintenance Services LLC, and Professional Airlines Services Inc., collectively described as "Latin America's leading airline group, with a history extending back ninety years, and boasting one of the largest route networks in the world", at the U. S. Bankruptcy Court for the Southern District of New York.

Avianca Holdings SA et al: Chapter 11 Petition

Chapter 11 Petition by Avianca Holdings SA, Aero Transporte de Carga Unión, S.A. de C.V., Aeroinversiones de Honduras, S.A., Aerovías del Continente Americano S.A., Avianca Airlease Holdings One Ltd., America Central (Canada) Corp., America Central Corp., AV International Holdco S.A., AV International Holdings S.A., AV International Investments S.A., AV International Ventures S.A., AV Investments One Colombia S.A.S., AV Investments Two Colombia S.A.S., AV Taca International Holdco S.A., Avianca Costa Rica S.A., Avianca Holdings S.A., Avianca Leasing, LLC, Avianca, Inc., Avianca-Ecuador S.A., Aviaservicios, S.A., Aviateca, S.A., Avifreight Holding Mexico, S.A.P.I. de C.V., C.R. Int'l Enterprises, Inc., Grupo Taca Holdings Limited, International Trade Marks Agency Inc., Inversiones del Caribe, S.A., Isleña de Inversiones, S.A. de C.V., Latin Airways Corp., Latin Logistics, LLC, Nicaraguense de Aviación, Sociedad Anónima (Nica, S.A.), Regional Express Américas S.A.S., Ronair N.V., Servicio Terrestre, Aereo y Rampa S.A., Servicios Aeroportuarios Integrados SAI S.A.S., Taca de Honduras, S.A. de C.V., Taca de México, S.A., Taca International Airlines S.A., Taca S.A., Tampa Cargo S.A.S., Technical and Training Services, S.A. de C.V., collectively described as "the second-largest airline group in Latin America", filed at the U. S. Bankruptcy Court for the Southern District of New York.

USA v. Bank Hapoalim BM et al: Deferred Prosecution Agreement

Deferred Prosecution Agreement regarding a scheme to launder the proceeds of bribery and corruption involving soccer's global governing body FIFA in USA v. Bank Hapoalim B.M., of Israel, and Hapoalim (Switzerland) Ltd., of Switzerland, at the U. S. District Court for the Southern District of New York.

Ecuador: Marcelo Espin Cunha et al

Application for the appointment of a Commissioner to collect evidence from Wells Fargo Bank - pursuant to a request for judicial assistance from Ecuador - for a criminal investigation into Marcelo Antonio Espin Cunha, Maria Sol Larrea Sanchez, and Carlos Ricardo Espin Cunha for suspected money laundering.

USA v. Jack Warner et al: Third Superseding Indictment

Third Superseding Indictment adding four new defendants, including former executives of 21st Century Fox, Inc., of the United States, and Imagina Media Audiovisual SL, of Spain, alleging racketeering, money laundering, wire fraud, tax fraud, and unlawful procurement of naturalization regarding alleged bribery and corruption involving FIFA and other soccer organizations in USA v. Hugo Jinkis, a citizen of Argentina; Mariano Jinkis, a citizen of Argentina; Full Play Group SA, of Uruguay; Hernan Lopez, a citizen of the U.S. and Argentina; Carlos Martinez, a citizen of the U.S. and Mexico; Gerard Romy, a citizen of Spain; Ariel Alvarado, a citizen of Panama; Manuel Burga, a citizen of Peru; Luis Chiriboga, a citizen of Ecuador; Marco Polo Del Nero, a citizen of Brazil; Eduardo Deluca, a citizen of Argentina; Eugenio Figueredo, a citizen of the U.S. and Uruguay; José Luís Meiszner, a citizen of Argentina; Romer Osuna, a citizen of Bolivia; Ricardo Teixeira, a citizen of Brazil; Reynaldo Vasquez, a citizen of El Salvador, and Jack Warner, a citizen of Trinidad and Tobago, at the U. S. District Court for the Eastern District of New York.

USA v. Roberto Heinert: Criminal Complaint

Criminal Complaint alleging conspiracy to launder the proceeds of bribery involving Ecuador in USA v. Roberto Heinert, described as a dual citizen of Ecuador and the USA, at the U. S. District Court for the Southern District of Florida.

USA v. Juan Ribas Domenech et al: Criminal Complaint

Criminal Complaint alleging conspiracy to launder the proceeds of bribery involving, inter alia, companies in the Cayman Islands, Panama, Switzerland, and the United Kingdom in USA v. Juan Ribas Domenech, a citizen of Ecuador; Jose Vicente Gomez Aviles, a citizen of Colombia, and Felipe Moncaleano Botero, a citizen of Ecuador, at the U. S. District Court for the Southern District of Florida.

Motransa SA v. Navistar, Inc.: Discovery Application

Application by Motransa SA to take discovery from Navistar, Inc. for use in "contemplated" legal proceedings in Ecuador against Austral Cia. Ltda., filed at the U. S. District Court for the Southern District of Florida.

Amicorp BVI sued over alleged $20M investment fraud by clients

British Virgin Islands-based corporate services provider Amicorp is being sued in the United States for damages of up to $20 million arising from a suspected fraud against residents of Ecuador who invested in a scheme by the 'Vanguardia Group' that involved individuals and legal entities in the Bahamas, Bermuda, BVI, Cayman Islands, and USA.

Insight Securities Inc. v. Amicorp (BVI) Trustees Ltd.: Complaint

Complaint alleging negligence and fraud regarding the Vanguardia Trust and the SBH Assets Trust, both of the Cayman Islands, in Insight Securities Inc., of Delaware v. Amicorp (BVI) Trustees Ltd., of the British Virgin Islands, at the U. S. District Court for the Northern District of Illinois.

Empresa Pública de Hidrocarburos del Ecuador v. WorleyParsons International Inc.: Discovery Application

Ex Parte Application by Empresa Pública de Hidrocarburos del Ecuador - EP PetroEcuador to take discovery from WorleyParsons International Inc. for use in legal proceedings in Ecuador "related to a complex, cross-border illegal bribery and corruption scheme perpetrated against Petroecuador" using "a complex web of offshore shell entities" and accounts, including those in the Bahamas, British Virgin Islands, Cayman Islands, Panama, and Switzerland, filed at the U. S. District Court for the Southern District of Texas.

Maria Rigail Pons v. UBS AG et al: Discovery Application

Application by Maria Fernanda Rigail Pons to take discovery from UBS Financial Services Inc., UBS AG, CA Indosuez Wealth, Amke Registered Agents LLC, and Philippe Larmier regarding individuals and legal entities in several jurisdictions, including the British Virgin Islands, Isle of Man, Nevis, and the United States, for use in legal proceedings in Ecuador against Carlos Alberto Avellán Areta, filed at the U. S. District Court for the Southern District of Florida.

Reporters Committee for Freedom of the Press: Memorandum Opinion

Memorandum Opinion regarding an application by the Reporters Committee for Freedom of the Press for the unsealing of judicial records "related to what the Committee believes is a criminal prosecution of WikiLeaks founder Julian Assange", filed at the U. S. District Court for the Eastern District of Virginia.

Oceanair Linhas Aereas S/A: Chapter 15 Petition

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Brazil by Frederico Pedreira, as the Foreign Representative of Oceanair Linhas Aereas S/A, at the U. S. Bankruptcy Court for the Southern District of New York.

Biscayne Capital Holdings Ltd. et al: Chapter 15 Petition

Chapter 15 Petition for Recognition of Foreign Main Proceedings in Bermuda, the British Virgin Islands, and the Cayman Islands by Hadley Chilton, Michael Pearson, and Stephen Briscoe, as Foreign Representatives of North Pointe Holdings (BVI) Ltd., Biscayne Capital (BVI) Ltd., Vanguardia Holdings Ltd., Spyglass Investment Management Ltd., Vanguardia Group Inc., Sports Aficionados Ltd., SG Strategic Income Ltd., GMS Global Market Step Up Note Ltd., Diversified Real Estate Development Ltd., Preferred Income Collateralized Interest Ltd., Sentinel Investment Fund SPC, and Biscayne Capital Holdings Limited, at the U. S. Bankruptcy Court for the Southern District of Florida.

Allen Stanford Receiver v. Greenberg Traurig LLP et al: Second Amended Complaint

Second Amended Complaint in Ralph S. Janvey, as court-appointed receiver for the Stanford receivership estate; Sandra Dorrell, Samuel Troice, and Michoacan Trust, individually and on behalf of a class of all others similarly situated, v. Greenberg Traurig LLP, Greenberg Traurig PA, and Yolanda Suarez at the U. S. District Court for the Northern District of Texas.

Reporters Committee for Freedom of the Press: Unsealing Application

Application by the Reporters Committee for Freedom of the Press for the unsealing of court records concerning "the United States government's sealed criminal prosecution of WikiLeaks founder Julian Assange", filed at the U. S. District Court for the Eastern District of Virginia.

Allen Stanford Receiver v. Greenberg Traurig LLP et al: First Amended Complaint

First Amended Complaint in Ralph S. Janvey, as court-appointed receiver for the Stanford receivership estate; Sandra Dorrell, Samuel Troice, and Michoacan Trust, individually and on behalf of a class of all others similarly situated, v. Greenberg Traurig LLP, Greenberg Traurig PA,  and Yolanda Suarez at the U. S. District Court for the Northern District of Texas.

Madison Asset LLC: Chapter 15 Petition

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Martin Trott and Christopher Smith, as the Foreign Representatives of Madison Asset LLC, at the U. S. Bankruptcy Court for the Southern District of New York.

Rigoberto Vasquez et al v. HSBC Bank et al: Complaint

Class Action Complaint in Rigoberto Vasquez and Eva Garcia, on behalf of investors in WCM777, v. Hong Kong and Shanghai Corporation Ltd., and HSBC USA, NA, at the U. S. District Court for the Southern District of New York.