Released from prison three years ago and with judgments of $60 million against him still outstanding, convicted investment fraudster Eric Resteiner, 54, is back in business, operating from the Seychelles and Singapore.
A jury in Texas has awarded 41 investors clients damages of $8.8 million, plus annual interest of 8.25% backdated to December 12, 2002, against Atlas Financial Group Ltd. and Atlas Private Trust Ltd., which collapsed in the Turks and Caicos
Amended Complaint in Charles C. Howland v. Eric Resteiner, Keith Mitchell, and Marietta Mitchell at the U. S. District Court for the Eastern District of New York.
Investment fraudster Eric Resteiner wants $5 million before he will turn over a video that allegedly shows him bribing Grenada Prime Minister Keith Mitchell, it has been claimed.Resteiner's apparent reason for demanding payment is that the release of the tape could put his safety at risk and the money will pay for a new identity and a security team when he completes an 87-month prison sentence in 2010.
Grenada Prime Minister Keith Mitchell is being sued in the United States by a victim of conman Eric Resteiner, from whom Mitchell allegedly accepted at least $1 million in bribes.A civil complaint was filed against Mitchell, his wife, Marietta Mitchell, and Resteiner at the U. S. District Court for the Eastern District of New York on June 11, 2007. The sole cause of action is fraudulent transfer.
Complaint in Charles C. Howland v. Eric Resteiner, Keith Mitchell, and Marietta Mitchell at the U. S. District Court for the Eastern District of New York.
Former Grenada diplomat Eric Resteiner has been sentenced to serve 87 months in prison and pay restitution of $34 million for carrying out an investment fraud. In accordance with a plea agreement reached with the 48-year-old conman 15 months earlier, prosecutors had only asked for a prison-term of 71 months but U. S. District Judge Nancy Gertner considered that to be “inadequate punishment”.
Nearly three years after obtaining a default judgment for $44,143 against St. Kitts based offshore financial services provider M. Irvin BonCamper, MBNA America Bank NA has finally collected. Attorneys for MBNA acknowledged “full and complete satisfaction” of the judgment in
Grenada authorities have turned down the offer of a video tape showing their Prime Minister receiving a $500,000 cash ‘bribe' from investment fraudster Eric Resteiner, OffshoreAlert can reveal.They were notified more than 12 months ago by Resteiner's attorney, John Amabile, that a copy of the six-year-old tape still existed and that it could be obtained through a formal request for assistance to the authorities in the United States, where Resteiner is in custody awaiting sentencing for seven counts of mail and wire fraud to which he pleaded guilty earlier this year at the U. S. District Court for the District of Massachusetts.
An American who is suspected of bribing the Prime Minister of Grenada for appointing him to a diplomatic position has pleaded guilty to unrelated fraud charges in the United States.Eric Resteiner, 46, pleaded guilty to five counts of wire fraud and two counts of mail fraud at a change of plea hearing that was held at the U. S. District Court for the District of Massachusetts on February 8, 2006. He is due to be sentenced on May 8. Under a plea agreement, the remaining 53 counts, including 18 regarding money laundering, which carry the harshest penalties, will be dismissed.
Liechtenstein-based offshore provider Bryan Jeeves and his Jeeves Group of Companies have been named as defendants in more civil lawsuits alleging racketeering that have been filed at federal courts in the United States regarding South Carolina-registered Derivium Capital LLC; Ex-Bahamas resident and former Grenada diplomat Eric Resteiner is unhappy with the way a criminal action against him is proceeding at the U. S. District Court for the District of Massachusetts, where he is defending 42 counts of fraud and 18 counts of money laundering; and In a move that shames its counterparts in the United Kingdom, Japan and other countries in Europe and the Caribbean, the Hong Kong Securities and Futures Commission has reprimanded an investment broker and suspended its major shareholder and managing director for three years for “gross negligence” and “serious misconduct” in selling investment products connected with the Imperial Consolidated Group at a time when the group - which was based in the UK and Grenada- was widely known to be suspect.
Former Bahamas resident and Grenada diplomat Eric Resteiner is considering entering into a plea agreement with federal prosecutors in Boston, where he has been indicted for alleged investment fraud. Details of a possible deal were contained in a joint filing by the U. S. Attorney's Office and Resteiner's counsel at the U. S. District Court for the District of Massachusetts on December 2, 2004.
Former Grenada diplomat Eric Resteiner has been extradited from Singapore to the United States to answer a 60-count criminal indictment for fraud and money laundering. Resteiner, who is a United States national, was extradited to the United States from Singapore, where he was arrested on February 11, 2004, after losing his fight against extradition proceedings. He made his first appearance at the U. S. District Court for the District of Massachusetts on June 18, 2004.
Last month's article in OffshoreAlert about an allegation that Grenada Prime Minister Keith Mitchell accepted a $500,000 bribe from German fraudster Eric Resteiner has caused uproar on the island. As news of the story began to circulate in the country,
United States national Eric Resteiner has become the second former diplomat of scandal plagued Grenada in six months to be criminally indicted in the United States.Resteiner, once a General Ambassador for the Caribbean island, was indicted on 33 counts of
Grenada Prime Minister Keith Mitchell has denied accepting $500,000 for appointing a United States fraudster to a diplomatic position.An allegation that Mitchell received a cash pay-off at Eric E. Resteiner's home in Switzerland in 2000 has been made by Resteiner's former Director of Security, Timothy Lee Bass, a U. S. national now residing in Illinois.
A United States national who was once appointed a 'Roving Ambassador' to the Caribbean island of Grenada has had a $30 million default judgment entered against him in the United States.Eric E. Resteiner, a one time resident of the Bahamas,
Final Judgment against Eric Resteiner and Voldemar VonStrasdas in U. S. Securities and Exchange Commission v. Eric Resteiner, Bunker Hill Aviation, LLC, Miles M. Harbur, and Charles G. Dyer, Resource F, LLC at the U. S. District Court for the District of Massachusetts.
Former Bahamas resident Eric Resteiner has been accused of defrauding at least 50 people of $22 million in a civil lawsuit filed at the United States by the Securities & Exchange Commission. Many of the alleged victims were members of the Christian Science Church, according to a lawsuit filed at the US District Court for the District of Massachusetts on April 16, 2001.
As 51-year-old British businessman Leslie Wingham scours the world for places to park millions of dollars allegedly defrauded from clients of Antigua-based Accord Insurance, it is worth taking a look at his none-too-pretty business record over the years; We can report further news on Dominica-based British Trade & Commerce Bank, which acknowledged in our July 31 edition that it was experiencing liquidity and other problems due to having some of its assets frozen in Canada and because of an alleged credit card fraud against the bank; American Eric Resteiner, who bought Viktor Kozeny's luxury home in Lyford Cay in the Bahamas not too long ago, has vacated the property after failing to meet mortgage payments and is believed to be now living in either Switzerland or Cairo, said a source; We recently received another fax from 'Anne Gregory' of The Finance Merchants Group, which purports to sell offshore bank charters from a base in the Bahamas; and We reported last month on how DIAK Bank was being operated without a license in St. Vincent by 'minister of religion' Clifford Pitt and was offering depositors annual interest rates of 25-35 per cent. We have since learned that these rates are peanuts compared with the returns of five per cent per month or 90 per cent annually being offered for five-year certificates of deposits by its sister company, DIAK Asset Management Company Ltd.