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    New estimate puts SEGOES insolvency at $15 m to $25 m

    The latest estimate by the liquidators of offshore securities broker SEGOES Services Ltd. puts the firm’s insolvency at between US$15 million and US$25 million.The figure was included in a civil lawsuit filed against former SEGOES directors and officers John Kaweske and James Fontanetta at the Grand Court of the Cayman Islands on August 17, 2005.