The liquidator of a fraudulently-operated offshore bank has taken steps to prevent a California-based CPA from obtaining a “preferred” recovery.Marcus Wide, liquidator of Mariner International Bank, of St. Vincent & the Grenadines, filed a petition against Sandy Magid, as successor Trustee of the Alta Trust dated June 30,1999; Challenge Financial Services LLC, f.k.a. VanCleave Enterprises LLC, and Challenge Realty Inc., which are both incorporated in Nevada and based in Winter Park, Florida, at the U. S. Bankruptcy Court for the Middle District of Florida on May 31, 2005.
Articles Banks & Trusts Fraud Liquidations & Insolvencies St. Vincent & the Grenadines USAJune 5, 2005
Topics
Banks & Trusts Fraud Liquidations & Insolvencies St. Vincent & the Grenadines USAKeywords
Alta Trust Challenge Financial Services LLC Challenge Realty Inc. David Tedder Liquidations & Insolvencies