A man who headed an offshore fund that collapsed last year amid allegations of impropriety has been arrested in Costa Rica and criminally charged with fraud.
United States national John Sherman Lipton, who has homes in Costa Rica and California, was taken into custody in early May, according to a report in A. M. Costa Rica on May 14, 2003.
Offshore fund head John Lipton arrested in Costa Rica
21 years ago
Topics
Bribery & Corruption Costa Rica Fraud Investment St. Kitts & NevisKeywords
Compass Bank Genesis Fund Jean Pierre Harper John Lipton