Ponzi scheme

Association of Certified Anti-Money Laundering Specialists 2011 Conference

May 9, 2011 Anti-Money Laundering

Viva Las Vegas!   Las Vegas – September 19-21, 2011: The Association of Certified Anti-Money Laundering Specialists (ACAMS) ACAMS 10th Annual conference is packed with practical information including newly revamped and highly interactive sessions led by experts from leading global organizations. [See highlights below] Diaz Reus is pleased to be the Diamond Sponsor for this [...]

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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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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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