Latin America

Asian and Middle Eastern Business Ethics Hit Latin America

July 20, 2010 China

Beware when doing business in Latin America. Thanks to growing Chinese and Middle Eastern investment there, fraud and bribery are growing as well. Business practices considered unethical, fraudulent and illegal in the United States, such as bribery and financial “favors,” are largely tolerated and thriving in the developing regions of the Western Hemisphere, with little […]

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Recovering Assets from International Financial Fraud

July 20, 2010 Caribbean

The element of surprise. Tracking monies stolen by a Ponzi-scheme architect being prosecuted by the SEC, our investigators and attorneys found $15 million secreted in Panama accounts and moved to repatriate the assets. But two days before the freeze orders hit, the bad guys got tipped off by corrupt bank officials and moved the cash […]

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Guevara Reward in Peru Spy Case Blocked by 11th Circuit

June 27, 2010 International Assets

In December 2000, Jose Guevara, a former Venezuelan intelligence agent, was introduced by his second cousin to an international fugitive, the target of an international manhunt. Then, spurred in part by the allure of a $5 million reward, Guevara helped authorities capture the fugitive, former Peruvian spy master Vladimiro Montesinos. Montesinos’ capture was considered a […]

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Colombia Post-Uribe: Predicting the Impact on Business

June 13, 2010 Colombia

Friday, June 25 / 8-9:30 a.m. Hyatt Regency Coral Gables 50 Alhambra Plaza, Coral Gables With an election run-off on June 20th in Colombia between Juan Manuel Santos, a former Colombian defense minister (and strong ally of the current pro-Washington, security-conscious Álvaro Uribe), and Green Party candidate Antanas Mockus, a former mayor of Bogota known […]

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Freezing Argentina Assets

June 12, 2010 Argentina

While perhaps not as egregious a ploy as Ponzi schemes à la Madoff and Stanford, the Argentine bond swindle hurts investors just the same. Argentine Government’s Refusal to Meet Bondholder Obligations The Argentina government’s refusal to meet bondholder allegations for years—without any justification—ranks as international financial malfeasance demanding remedy. Luckily, after a half-decade legal struggle, […]

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