OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.
RSS Feed Print
Trevor Cook associates - tax-related charges expected
Hunter
Posted: Friday, October 21, 2011
Joined: 9/22/2011
Posts: 20


 http://www.startribune.com/local/132203588.html 

The energizer case that goes on and on and on ...

Federal prosecutors said in court filings Wednesday that they plan to issue additional, tax-related charges next month against three of Trevor Cook's associates who are awaiting trial in connection with his $194 million Ponzi scheme.

Case involved more than 700 victims ... invested more than $190 million

"The United States intends to present a Superseding Indictment adding tax charges against defendants Beckman, Durand and Kiley, on November 21, 2011. The income these defendants evaded or failed to report was generated, at least in part, by the fraud scheme," wrote Assistant U.S. Attorney Tracy Perzel.


 

Jump to different Forum... 

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

View Recent Digests

ALL ARTICLES  
Intelligence firm Diligence accuses ex-CEO Nick Day of 'outrageous legal spending'
Intelligence and investigations firm Diligence has accused its former CEO, Nick Day, of trying to "sink the business with his outrageous legal spending" after it was forced to advance him $788,377 to satisfy legal bills that he incurred at a rate of approximately $12,500 per day in the first two months of defending a lawsuit that the company brought against him for allegedly swindling it out of "millions of dollars".
LATEST ARTICLES & DOCUMENTS  
BAHAMAS  
BERMUDA  
BRITISH VIRGIN ISLANDS  
CAYMAN ISLANDS  
Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.