Citigroup has cast doubt on the legitimacy of a new investment scheme whose participants include two key players in the $345 million fraud perpetrated by the Imperial Consolidated Group.Edouardos Stamatiou and Robert Raven are involved in an attempt by United Financial Corporation S. A. to sell $110 million one-year Certificates of Deposit bearing annual interest of up to 14 per cent.
- Doubts raised about latest Imperial Consolidated spin-off
Argentina Articles British Virgin Islands Featured Fraud Imperial Consolidated Investment Panama United Kingdom UruguayDecember 31, 2002
Doubts raised about latest Imperial Consolidated spin-off
20 years ago
TopicsArgentina British Virgin Islands Fraud Investment Panama
KeywordsAlternative Investment Strategies Ltd. Argentinean Minerals Ltd. Citigroup Clive Knobbs Dante Parisi