Archive for the ‘Legal News’ Category

INTERNATIONAL FRAUD ALERT: Las Vegas Resident Paulette Kimura Shimabukuro and Related Entities Cited for Multiple Reports of Fraud and Fraudulent Schemes

This fraud alert and public safety warning is issued in relation to Paulette Kimura-Shimabukuro – a Las Vegas resident cited by victims and witnesses throughout the U.S. and globe for acts of fraud and attempted fraudulent schemes across a range of industry sectors.

Citing numerous business entities associated with Shimabukuro and her known accomplices – including DNA Distro, LLC; DNA Companies INC; and DNA Global Entities, LLC – reported schemes target investors and businesses in real estate investment, PPE trading and COVID-19 vaccine procurement, international commodities trading, and consumer product distribution.

CARIBPR WIRE, FORT LAUDERDALE, Fla., July 11, 2022: Following repeated reports from investors, business owners, and organizations across the U.S. and globe – the Lerman Law Firm (Cathy Jackson Lerman, P.A.) has issued a fraud alert and public safety warning regarding numerous allegations of fraud against Paulette Kim Kimura-Shimabukuro.

Members of the public are urged to notify law enforcement when solicited to engage with known business entities connected to Shimabukuro and reported for acts of fraud, specifically, through the entities: DNA Distro, LLC; DNA Companies INC; and DNA Global Entities, LLC.

Paulette Kim Kimura-Shimabukuro is a 58-year-old female currently residing in Las Vegas, Nevada. Shimabukuro (a/k/a Paulette Shimabukuro, Paulette Kimura, and Paulette Kim) has a long history of complaints.

Numerous victims and witnesses located throughout the U.S., Canada, South America, Europe, Africa, and Asia accuse Shimabukuro of fraudulent schemes that span several industry sectors over the past decade:

  • In a 2010 federal lawsuit (US District Court of Nevada, Case no. 10-cv-01889) – citing breach of contract, breach of personal guarantee, fraudulent misrepresentation, misappropriation, self-dealing, and civil violations of the RICO Act – Shimabukuro is accused by Plaintiffs of conducting a real estate Ponzi Scheme that defrauded investors out of $678,000.
  • In a 2011 lawsuit in San Diego, California (CHANNOINE COSMETICS, LLC VS. JAIMEE YOSHIZAWA, INC // Case No. 37-2011-00059853-CU-BC-NC)  Shimabukuro was ordered by the court to pay $365,518 to former business partners for breach of contract.
  • Beginning in 2020, numerous victims and witnesses across the globe began reporting Shimabukuro for her role in soliciting, organizing and conducting fraudulent transactions for personal protective equipment (PPE) during the COVID-19 pandemic. Shimabukuro, in the State of Florida, Division of Corporations records, has been reported to be a business partner of notorious South Florida fraudster David Coriaty (AKA David Columbo) through the entities DNA Distro, LLC; DNA Companies INC; and DNA Global Entities, LLC.
  • Beginning in 2021, victims and witnesses also cite Shimabukuro and her partner David Coriaty (AKA David Columbo) for targeting businesses within the U.S. and globe and defrauding them out of funds in exchange for fake distribution services of consumer goods.

Victims, witnesses, and whistleblowers with knowledge of fraudulent acts and/or acts of attempted fraud by Paulette Kim Kimura-Shimabukuro – as well as her known associates or affiliated entities – are urged to immediately report all related information to their local law enforcement agency as this is a matter of public health and an ongoing fraudulent scheme.

Victims, witnesses and whistleblowers seeking assistance may contact Florida attorney, Cathy Lerman, Esq., principal of The Lerman Law Firm at 954-332-1143 or via email at clerman@lermanfirm.com.

ALERTA DE FRAUDE INTERNACIONAL: Paulette Kimura Shimabukuro, residente de Las Vegas, y entidades relacionadas citadas por varios reportes de fraude y esquemas fraudulentos

Esta alerta de fraude y advertencia de seguridad pública se emite en relación con Paulette Kimura-Shimabukuro, residente de Las Vegas citada por víctimas y testigos en todo Estados Unidos y el mundo por actos de fraude e intentos de esquemas fraudulentos en diversos sectores de la industria.

Citando numerosas entidades comerciales asociadas con Shimabukuro y sus cómplices conocidos, incluyendo, DNA Distro, LLC; DNA Companies INC; y DNA Global Entities, LLC, los esquemas reportados tienen como objetivo inversores y empresas en inversiones inmobiliarias, transacciones de equipos de protección personal (EPP) y adquisición de vacunas COVID-19, transacciones internacionales de mercancías y distribución de productos de consumo.

CARIBPR WIRE, FORT LAUDERDALE, Florida, July 11, 2022: Después de repetidos reportes de inversores, propietarios de negocios y organizaciones en todo Estados Unidos y el mundo, Lerman Law Firm (Cathy Jackson Lerman, P.A.) emitió una alerta de fraude y advertencia de seguridad pública con respecto a numerosas acusaciones de fraude en contra de Paulette Kim Kimura-Shimabukuro.

Se exhorta a los miembros del público a notificar a las autoridades competentes en caso de que se les solicite participar con entidades comerciales conocidas relacionadas con Shimabukuro y denunciadas por actos de fraude, específicamente, a través de las entidades: DNA Distro, LLC; DNA Companies INC; DNA Global Entities, LLC.

Paulette Kim Kimura-Shimabukuro es una mujer de 58 años que actualmente reside en Las Vegas, Nevada. Shimabukuro (alias; Paulette Shimabukuro, Paulette Kimura y Paulette Kim) tiene un largo historial de acusaciones.

Numerosas víctimas y testigos localizados en Estados Unidos, Canadá, Sudamérica, Europa, África y Asia acusan a Shimabukuro de planes fraudulentos que abarcan varios sectores de la industria en la última década:

  • En una demanda federal de 2010 el (Tribunal de Distrito de Nevada, Caso No. 10-cv-01889) – citando incumplimiento de contrato, incumplimiento de garantía personal, representación engañosa fraudulenta, malversación, autocontratación y violaciones civiles de la Ley RICO – Shimabukuro es acusada por los demandantes de conducir un Esquema Ponzi de bienes raíces que estafó a inversores en $ 678.000.
  • En una demanda de 2011 en San Diego, California (CHANNOINE COSMETICS, LLC VS. JAIMEE YOSHIZAWA, INC // Caso No. 37-2011-00059853-CU-BC-NC) – Shimabukuro recibió una orden judicial para pagar $ 365.518 a sus ex socios de negocios por incumplimiento de contrato.
  • Comenzando en 2020, numerosas víctimas y testigos en todo el mundo empezaron a denunciar a Shimabukuro por su rol en la solicitud, organización y conducción de transacciones fraudulentas de equipos de protección personal (EPP) durante la pandemia de COVID-19. Shimabukuro, en los registros de la División de Corporaciones del Estado de Florida, fue reportada como socia de negocios del estafador de mala reputación en el Sur de Florida, David Coriaty (alias, David Columbo) a través de las entidades, DNA Distro, LLC; DNA Companies INC; y DNA Global Entities, LLC.
  • Comenzando en 2021, las víctimas y testigos también citan a Shimabukuro y su socio David Coriaty (alias, David Columbo) por apuntar a empresas dentro de Estados Unidos y el mundo y estafarlas su capital a cambio de servicios de distribución falsos de bienes de consumo.

Se exhorta a las víctimas, testigos y denunciantes con conocimiento de actos fraudulentos y/o actos de intento de fraude por parte de Paulette Kimura-Shimabukuro, así como de sus asociados conocidos o entidades afiliadas, a reportar de forma inmediata toda información relacionada a las autoridades competentes locales, debido a que se trata de una cuestión de salud pública y un esquema fraudulento continuo.

Las víctimas, testigos y denunciantes que buscan asistencia pueden comunicarse con la abogada de Florida, Cathy Lerman, Esq., directora de The Lerman Law Firm al 954-332-1143 o correo electrónico clerman@lermanfirm.com.

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Statement by Dr. Yaron Rado, Chief Radiologist and Chairman of the Board of Doctors Hospital on Cayman Court Judicial Review challenging concessions for Institutionally registered medical professionals including Health City and Aster DM.

GEORGE TOWN, Cayman Islands, April 26, 2022 /PRNewswire-HISPANIC PR WIRE/ — Dr. Yaron Rado, Chief Radiologist and Chairman of the Board of Doctors Hospital, issued the following statement regarding the three-day judicial review, Grand Court Cases Nos 55 and 150 of 2021 challenging Institutionally registered medical professionals practising in Cayman and the financial concessions awarded to them.

“To set the scene:

Unlike doctors on the Principal List, the Health Practice Regulations don’t require institutionally registered doctors to have any postgraduate qualifications or any special training. Institutional List practitioners need only have obtained their qualifications from almost any medical school in the world (vs Principal List providers who must be registered from one of seven countries: Australia, Canada, Jamaica, New Zealand, South Africa, United Kingdom, and the United States).

They are also not required to provide proof of specialist qualifications to call themselves a specialist or consultant, let alone a proper residency program (5 years), a fellowship program (an additional two years), and then three years of post-specialisation experience as required for the Principal List.

The only safeguard for patients to date is that institutionally registered doctors must practice at a “designated facility” and that Cabinet is responsible for designating these facilities.

Of course, the problem is that until April 6 2022, the Cabinet did not require facilities to meet any particular criteria before designating them, and Cabinet has no record of why Health City, Total Health, and Aster DM were designated as such. Cabinet has also not produced any criteria for reviewing the designation of facilities. In other words, there has been nothing to stop facilities from employing inexperienced Institutional List doctors with minimal supervision.

Until this court hearing, the concern had repeatedly been expressed by the local medical community that doctors on the institutional list were subject to a far lower level of regulation than doctors on the principal list, with consequent concerns for patient safety. This meant that doctors could be registered to practice here as institutional list practitioners with potentially very limited experience and qualifications.

On day 2 of the JR hearing, however, the Government’s QC stated that, on the Governments interpretation of the legislation, all doctors must possess the same or equivalent level of qualification and experience for registration. He stated that this is because Regulation 5 of the Health Practice Regulations is applicable to institutional list doctors as well as principal list doctors.  On day 3 of the JR hearing, the Government’s QC once more confirmed that this is the correct interpretation of the law, and the interpretation the government applies in regulating the institutional list.

We must await Justice William’s judgment to find out whether he will record that this new construction of the health practice law and regulations is correct, and must be applied going forwards, or whether he will instead recommend that the position is clarified by amending the legislation. Either way, the Government’s formal position, as articulated in court last week, means that all doctors registered to practice in Cayman must now possess an appropriate, minimum level of qualification and experience. As such, Regulation 5A, and the “second-tier” institutional list (initially introduced by the Health Practice law (2013 revision), will effectively be abolished.”

Of these two Grand Court Cases Nos 55 and 150 of 2021 in the Cayman court, this is a huge win for healthcare in Cayman – and for all duly regulated Principal List practitioners after years of dedication and investment into their education in compliance with the Health Practice Act and under the supervision of the Medical and Dental Council (MDC). I want to express my sincere appreciation for our lawyers Sally Bowler, Chris Buttler, and Ben Tonner from McGrath Tonner, who have worked tirelessly on our behalf to help affect these changes.

Unfortunately, all Institutional List physicians with boots on the ground in Cayman are exempted from meeting Principal List standards. Thankfully, the Cayman Islands Medical and Dental Society (CIMDS) has recently launched the “Green Tick” campaign to raise awareness about healthcare providers’ two separate registration lists. We invite the people of the Cayman Islands to educate themselves so they can make informed healthcare choices for their families. We also ask our Government to strongly reconsider their position on this matter as each existing Institutional List provider renews their registration (every two years). They should be held to the same medical standards, values, and code of ethics we Principal List providers stand behind for our patients.

At this juncture, only half the battle is won.

The Government has a discretion under the various laws to waive the duties payable by healthcare facilities, indeed by anyone. However, there is currently no transparent, published guideline or criteria assisting those liable to pay these duties to understand when they will or won’t be eligible for a waiver or an exemption: meaning that there is currently no transparent benchmark for obtaining a duty waiver or exemption. Health City (both in the east end and at its current and forthcoming Camana Bay facilities) receives huge financial privileges in the form of stamp duty waivers, import duty exemptions and discounts on work permit fees. This is all predicated on a contract that it entered into with the Government in 2010.

By comparison, Doctors Hospital paid CI$ 1.2 million in stamp duty to acquire its current site and has spent more than CI$ 1 million in customs duty alone over the last three years. Yet 12 years later Health City’s medical tourism facility, at least as the 2010 contract envisioned it to be, namely, an integrated hospital comprising of a hospital, medical university and an assisted living facility, has not materialized. So why are these concessions continuing to be granted?

Doctors Hospital is concerned about this lack of transparency and the lack of any regulatory framework which ensures fairness. As a result, Doctors Hospitals seeks a declaration that transparent criteria for the granting and refusal of concessions ought to be published for all to see.

Doctors Hospital has the same interest as any other taxpayer in the lawfulness of the Government collecting taxes and believes it is unlawful for the Government to grant waivers to Health City and others on the premise that it is now contractually bound to do so. In particular, when the public is losing out on large sums of money that would be available for public services.

Doctors Hospital’s motivation in bringing this judicial review is to, first and foremost, promote and preserve the integrity of healthcare in Cayman and to ensure that the Cayman Islands Government provides a fair and transparent tax system for all.

The ultimate findings from this three-day judicial review will be revealing. I sincerely hope that patient safety and the highest principles of healthcare are fully realised and that we bring an end to a long list of discriminatory concessions that Health City’s arrival in the Cayman Islands has brought about.”

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If you have an Asbestos Claim against Paddock Enterprises, LLC, formerly Owens-Illinois, which made Kaylo products, you have the right to vote on Paddock’s Plan of Reorganization. Voting will help determine whether the Plan is accepted by holders of Asbestos Claims.

NEW YORK, Feb. 17, 2022 /PRNewswire-HISPANIC PR WIRE/ – The following statement is being issued by Prime Clerk, LLC regarding the bankruptcy of Paddock Enterprises, LLC.

If you have a General Asbestos Claim or Indirect Asbestos Claim against Paddock Enterprises, LLC (”Paddock”), formerly Owens-Illinois, Inc., which made Kaylo products, your rights may be affected by an upcoming vote on the Plan (available at PaddockVote.com) as part of the Paddock bankruptcy proceedings. Your vote will help determine whether the Plan will be confirmed.

The Bankruptcy Court approved a disclosure statement (available at PaddockVote.com) containing information that will help you decide how to vote on the Plan. The Plan proposes to set up a trust to resolve all Asbestos Claims.

Your legal rights may be affected if the Plan is approved. Only holders of General Asbestos Claims or Indirect Asbestos Claims, or their attorneys on their behalf, are entitled to receive a ballot to vote on the Plan. Holders of Claims and Equity Interests in all other Classes under the Plan are presumed to accept the Plan and are not entitled to vote.

The voting deadline, by which ballots must be actually received by Paddock’s balloting agent, Prime Clerk LLC, is April 8, 2022 at 4:00 p.m. ET. If you are unsure whether your attorney is authorized to vote on the Plan and intends to vote on your behalf, please contact your attorney.

If the Plan is approved by the Bankruptcy Court, all Asbestos Claims (whether or not you voted in favor of or against the Plan) will be channeled to the Asbestos Trust and resolved pursuant to the Trust Distribution Procedures.

Please read the Plan and other Plan Documents carefully for details about how the Plan, if approved, may affect your rights.

The Plan contains release provisions that may impact your rights, which include, among others, a “Release by Holders of Claims” in Section 10.6 of the Plan.  You should read this provision, as well as all other release, injunction, and exculpation provisions in the Plan, in their entirety.

If you have an Asbestos Claim, you will be deemed to have agreed to all “Releases by Holders of Claims” set forth in Section 10.6 of the Plan if you fall into any of the following categories:

(a)  you vote to accept the Plan;

(b)  you vote against the Plan, but you do not opt out of the releases by affirmatively checking the appropriate box on your ballot; or

(c)  you do not vote for or against the Plan and do not opt out of the releases provided for in the Plan.

You have the right to object to the Plan. The deadline to file an objection to the Plan is May 5, 2022 at 4:00 p.m. ET. There are specific requirements that must be followed to file an objection. The requirements are found in the Solicitation Procedures Order and other notices relating to Paddock’s Plan (which can be found at PaddockVote.com). Objections received after the deadline may not be considered by the Bankruptcy Court and may be deemed overruled without further notice.

This is only a summary. You can obtain additional information or instructions, review the Plan Documents, or obtain a solicitation package with a ballot to vote (as applicable), by contacting Prime Clerk LLC. Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Plan.

For more information:

Paddock Ballot Processing
c/o Prime Clerk LLC
850 Third Avenue, Suite 412
Brooklyn, NY 11232

Visit: PaddockVote.com

Request More Informationpaddockinfo@primeclerk.com

Request Ballot with Solicitation Package to Vote on the Planpaddockballots@primeclerk.com

Call: (877) 425-8665 (Toll-Free) or +1 (917) 947-6267 (International)

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Did You File a Claim Against Purdue Pharma as Part of its Bankruptcy Proceeding? Do You have a Claim Against Purdue Pharma’s Owners?

A Hearing to Consider Confirmation of the Chapter 11 Plan May Affect Your Rights

Confirmation Hearing August 9, 2021.

NEW YORK, June 16, 2021 /PRNewswire-HISPANIC PR WIRE/ – The following statement is being issued by Prime Clerk* regarding the Purdue Pharma L.P. bankruptcy.

WHAT IS THIS ABOUT?
On June 3, 2021, as part of Purdue Pharma L.P.’s bankruptcy proceedings, the United States Bankruptcy Court for the Southern District of New York entered an order called the “Disclosure Statement Order” that:

(a)   Authorized Purdue Pharma L.P. and its affiliated debtors and debtors in possession to solicit acceptances of the Fifth AmendedJoint Chapter 11 Plan of Reorganization of Purdue Pharma L.P. and Its Affiliated Debtors, which includes (a) releases of any actual or potential claims against Sackler family members, and certain other individuals and related entities, relating to Purdue Pharma L.P. and its affiliated debtors (including Purdue prescription opioids, like OxyContin, or other prescription opioids manufactured or sold by Purdue); and (b) an injunction requiring that certain claims against the released parties be asserted only against trusts established under the plan;

(b)   Approved the Disclosure Statement for Fifth Amended Joint Chapter 11 Plan for Purdue Pharma L.P. and Its Affiliated Debtors as containing “adequate information” pursuant to section 1125 of the Bankruptcy Code;

(c)   Approved the solicitation materials and documents to be included in solicitation packages; and

(d)   Approved procedures for soliciting, receiving, and tabulating votes on the plan and for filing objections to the plan.

The Court will consider confirmation of the plan at the Confirmation Hearing.

WHEN IS THE HEARING?
The Confirmation Hearing will be held on August 9, 2021, at 10 a.m., prevailing Eastern Time, before the Honorable Robert D. Drain, in the United States Bankruptcy Court for the Southern District of New York, located at 300 Quarropas Street, White Plains, New York 10601-4140. The hearing will be conducted via Zoom videoconference for those who will be participating in the Confirmation Hearing1 if General Order M-543 is still in effect or unless otherwise ordered by the Bankruptcy Court.

The Confirmation Hearing may be extended and rescheduled by the Court or the Debtors without further notice by an agenda filed with the Court, and/or by a Notice of Adjournment filed with the Court and delivered to all parties who are entitled to notice.

WHAT ARE YOUR OPTIONS?
Vote on the Plan: Your vote must be submitted so it is actually received on or before July 14, 2021, at 4:00 p.m., prevailing Eastern Time. Detailed instructions on how to vote are available at PurduePharmaClaims.com or by calling (844) 217-0912 (toll free) or (347) 859-8093 (international). Failure to follow instructions properly may disqualify your vote.

Object to the Plan: An objection must be submitted so that it is actually received on or before July 19, 2021, at 4:00 p.m., prevailing Eastern Time. Detailed instructions on how to file an objection are available at PurduePharmaClaims.comor by calling (844) 217-0912 (toll free) or (347) 859-8093 (international).

Allowance Request: If you believe that you hold a claim against Purdue Pharma L.P. that is not currently entitled to vote but that you believe should be entitled to vote, you can request the allowance of such claim for voting purposes. To do so, you must file a motion with the Court on or before July 19, 2021, at 4:00 p.m., prevailing Eastern Time. Detailed instructions on how to file an allowance request are available at PurduePharmaClaims.com or by calling (844) 217-0912 (toll free) or (347) 859-8093 (international).

If the plan is confirmed, anyone with an actual or potential claim against Purdue Pharma L.P. or any of its affiliated debtors, or with an actual or potential claim against Sackler family members, and certain other individuals and related entities, relating to Purdue Pharma L.P. and its affiliated debtors (including Purdue prescription opioids, like OxyContin, or other prescription opioids manufactured or sold by Purdue), will be bound by the terms of the plan, including the releases and injunctions contained therein.

This is only a summary . For more information:

  • Call: (844) 217-0912 (toll free) or (347) 859-8093 (international)
  • Visit: PurduePharmaClaims.com
  • Write: Purdue Pharma Ballot Processing, c/o Prime Clerk LLC, One Grand Central Place, 60 East 42nd Street, Suite 1440, New York, NY 10165
  • Email: purduepharmainfo@primeclerk.com

Please be advised that Prime Clerk LLC is authorized to answer questions about, and provide additional copies of, solicitation materials, but may not advise you as to whether you should vote to accept or reject the plan or provide any legal advice.

1 Parties or members of the public who wish to participate in the Confirmation Hearing should consult the Court’s calendar with respect to the day of the Confirmation Hearing at https://www.nysb.uscourts.gov/calendars/rdd.html for information regarding how to be added as a participant.  Members of the public who wish to listen to, but not participate in, the Confirmation Hearing free of charge may do so telephonically at a number to be provided on the Debtors’ case website at: PurduePharmaClaims.com.

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Doctors Hospital Takes Action to Preserve Fair Competition After the Cayman Government Grants a Series of Financial Concessions

GEORGE TOWN, Cayman Islands, March 19, 2021 /PRNewswire-HISPANIC PR WIRE/ — Doctors Hospital (”DH”) in Grand Cayman, Cayman Islands, announced they are seeking a judicial review of the vast unilateral concessions made by the government to Health City and Aster Cayman MedCity. According to DH, these concessions unfairly distort competition between healthcare providers on the Cayman Islands, and could ultimately compromise the quality of healthcare available.

DH challenges the fairness of the ongoing grant of financial concessions to Narayana Hrudayalaya Private Limited (”NHP”) by the Government of the Cayman Islands (”CIG”) for the current Health City development. Also, granting vast financial concessions to DM Healthcare (”DM”) for the Aster Cayman MedCity development, and the proposed financial concessions to NHP for the proposed development at Camana Bay is concerning.

CIG recently announced NHP will develop a new hospital at Camana Bay. The Premier reportedly stated, “concessions and duty waivers already in place for Health City would apply to the new facility” (Cayman Compass, 19 February 2021).

Concerning Aster Cayman Medcity, the Premier reportedly said DM would “not have to pay duty on medical equipment or supplies for 25 years after the commencement of construction of phase 1,” and an agreement to that effect would be executed that day (Cayman Compass, 21 December 2020).

DH acknowledges CIG’s intention to attract foreign investment to the Cayman Islands and welcomes it. However, DH firmly believes fair competition and a level playing field for all healthcare providers serves the best interests of all, especially the general public. Therefore, DH issued a pre-action letter to CIG on Monday, 8 March 2021, to which CIG has not substantively responded.

“We believe in fair and competitive marketplaces. Eliminating the gap between healthcare providers in Cayman is more important than ever. No market should be subjected to anticompetitive, monopolistic, or dominating behavior. The power held by these companies affects the Cayman economy, our democracy, and ultimately the health and well-being of our citizens. It is especially unfortunate for the many local-owned businesses who have been contributing to the country for years, shaping our community to what it is today,” says Dr Yaron Rado, Board Chairman and Chief Radiologist, Doctors Hospital.

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Fredrick D. Scott, Announces Successful Completion Of Supervised Release Term

NEW YORK, Feb. 17, 2021 /PRNewswire-HISPANIC PR WIRE/ – Fredrick D. Scott announced today that he has successfully completed his three-year term of supervised release in connection with his previous guilty plea for conspiracy to commit wire fraud and making a materially false statement to the Securities and Exchange Commission; a plea that was garnered through intimidation and forced by the prosecution after failing to successfully secure an indictment.

Though never indicted by a jury of his peers and being the only person ever charged in any capacity in his case, due to pressure applied by the Prosecution and threats to charge and deport his then wife, who was in the process of receiving her Green Card, Fredrick waived his right to indictment and entered into a plea bargain based on a prosecutor’s information, subsequently being sentenced to five years in federal prison and three years of supervised release.

“Though I am not happy about the circumstances and situations surrounding my guilty plea, nor am I happy about all the time I lost with my children. The net effect of what happened, oddly enough, was the best thing that could have ever happened to me at that time. It gave me time, time to find me, learn to love and accept me for exactly who and what I am, find my purpose and calling in this life and realize what it truly means to be ‘Black in America’. I have been everywhere a person wants to be and everywhere they don’t and because of that I can now effectively use my Knowledge, Experience and Execution abilities to bring about real impact and change in disadvantaged communities in the United States and abroad and am looking forward to doing so!”

About Fredrick D. Scott:

Fredrick D. Scott is the CEO of The Scott Family Office Intl. A single-family office structure from which Fredrick stewards his family’s assets. He is also the Chairman of the Board for the New York City–based foundation, The Scott Family Foundation Intl., a Civil Society Organization (CSO) and member of the United Nations Global Compact. Fredrick is a business consultant, private equity investor, motivational speaker, social activist, and philanthropist. Named one of Ebony magazine’s “Top 30 Under 30″ in May 2010 at the age of 25, Fredrick was, at the time, the youngest African American hedge fund founder in history.

Fredrick is the pioneer of the #GetRealWoke movement. Designed to foster economic stability, viability, and the uplifting of our community by advancing financial literacy initiatives and combating policing, incarceration and economic tactics that are used to perpetually disenfranchise communities of color and render these communities modern day slaves in the United States. You can learn more about Fredrick and his endeavors by visiting: https://fredrickdscott.com and on Instagram: @fredrickdscott

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Former IRS Criminal Investigation Chief, Don Fort, Joins Kostelanetz & Fink

Fort Named Director of Investigations at Tax and White-Collar Boutique

NEW YORK, Oct. 29, 2020 /PRNewswire-HISPANIC PR WIRE/ – Kostelanetz & Fink, LLP, is pleased to announce that John D. (Don) Fort, the former Chief of the Internal Revenue Service’s Criminal Investigation (CI) Division, has joined the firm as Director of Investigations. Mr. Fort departed the IRS at the end of September, after three years atop the IRS’s criminal enforcement arm and nearly 30 years at the agency. Mr. Fort will operate his practice out of K&F’s Washington, D.C. office.

Mr. Fort’s three decades of experience investigating financial crimes and his extensive network of connections both within the government and in private industry will prove invaluable to K&F’s broad client base of institutions and individuals facing high-stakes controversies and negotiations with government agencies. Mr. Fort will assist clients facing governmental investigations involving all manner of alleged financial and economic crimes, including tax crimes, money laundering, and Bank Secrecy Act violations. Mr. Fort also will play a central role in the firm’s internal investigations practice and will advise clients on compliance regimes. In addition, he will be available as an expert witness and for voluntary or court-mandated monitorships.

“We couldn’t be more thrilled to welcome Don to K&F, and we’re confident that Don will strengthen and supplement Kostelanetz & Fink’s already deep bench in civil and criminal tax controversies and white-collar criminal defense,” said partner Bryan Skarlatos. “Don’s unique knowledge and insights into the government’s inner workings will help the firm continue providing the finest advice available and ensure that we secure the best outcomes possible for our clients.”

“I have long admired Kostelanetz & Fink’s tenacious advocacy and legal acumen, and I’m pleased to join the firm for this next chapter in my career,” said Mr. Fort. “I look forward to assisting clients in navigating the often thorny government investigations and negotiations process and bringing my experience and expertise to bear in strategically resolving our clients’ toughest challenges.”

Mr. Fort’s time in law enforcement included overseeing investigations of some of the most significant financial crimes ever investigated involving tax evasion, sanctions evasion, money laundering, bribery, international corruption, bank malfeasance, cyber and cryptocurrency crimes, and terrorist financing.

As both Chief and Deputy Chief of IRS-CI, Mr. Fort supervised numerous high-profile matters, including the college admissions scandal known as “Varsity Blues” that ensnared several celebrities; the Paul Manafort and Michael Cohen federal tax investigations; the Michael Avenatti tax investigation; the takedown of the largest darknet child exploitation website funded by cryptocurrency; two Chinese nationals who were charged with laundering $100 million in the hack of a cryptocurrency exchange; the Swiss Bank Program in which 80 Swiss banks entered into agreements with the government and paid $1.36 billion in penalties; the Federation Internationale de Football Association (FIFA) worldwide money laundering, structuring, and tax evasion matter; the Credit Suisse guilty plea, and many more.

Mr. Fort began his IRS career in 1991 as a Special Agent in Baltimore, Maryland, and later served in various investigatory roles around the country, before being elevated to Deputy Director of Strategy, IRS-CI Headquarters in 2014. Mr. Fort was named Chief of IRS-CI in June 2017.

Mr. Fort has a Bachelor of Arts Degree in Management from Gettysburg College and is a licensed CPA in the State of Virginia.

About Kostelanetz & Fink, LLP
Over the past 75 years, Kostelanetz & Fink, LLP, has built a global reputation as the law firm of choice for clients facing high-stakes controversies and negotiations with government agencies. K&F attorneys have unparalleled experience in tax controversies and white-collar criminal defense and are regularly called upon to handle the most challenging and sensitive cases and internal investigations. An important part of the firm’s practice includes tax and estate planning, commercial litigation, government procurement, and government contracting.

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South Spanish Trail LLC Amends $250 Million Lawsuit To Remove Major International Fiber Optic Cables From Boca Raton Intracoastal Property

BOCA RATON, Fla., Aug. 26, 2020 /PRNewswire-HISPANIC PR WIRE/ – On July 28, 2020 South Spanish Trail LLC (SST), a Delray Beach based real estate developer, filed in the Palm Beach County Circuit Court an Amended Complaint in its $250 million lawsuit against Globenet Cabos Submarinos America, Inc. (Globenet), owner of the GlobeNet (aka Atlantica-1) submarine fiber optic cable system which runs from Boca Raton to South America, Caribbean Crossings Ltd. Inc. (Caribbean Crossings), which operates the BICS cable system from Boca Raton, Florida to the Bahamas, and several unnamed Defendants described as John Does 1-100 (”John Does”) who have agreements to use the cable systems.

The suit seeks damages and Injunctive relief, including the removal of the fiber optic cables and conduits of both Globenet and CC that traverse SST’s property, and includes claims for trespass, ejectment, unjust enrichment, injunctive relief, declaratory judgement, and recission.

The suit stems from the surreptitiously installed GlobeNet and BICS cable systems across SST’s property without SST’s consent. Additionally, SST is suing the customers of Globenet and CC. John Does who entered into agreements with Globenet and CC to use various parts of the systems which traverse SST’s property.

The suit seeks immediate removal of the GlobeNet and BICS systems from SST’s property, damages in excess of $250 million, recission of all contracts with the John Does, Globenet, and CC that authorize the use of SST’s property, and injunctions to stop the trespassing upon and unlawful use and occupation of SST’s property.

On August 7, 2020 Judge James Nutt issued an order compelling Globenet to produce its agreements with all of the John Does for the use of Globenet’s various conduits and cables on SST’s property, with protections for any possible trade secrets of Globenet.

SST will be naming Globenet’s customers as defendants in the lawsuit when the agreements are produced.  Among other requested relief, SST is asking the court to impose a constructive trust over the portion of Globenet’s and Caribbean Crossings’ revenues to which SST is entitled based on its ownership of the property, and/or to require that the revenues being generated from the cable systems be deposited into the court registry until the dispute is resolved, so as to protect SST.

South Spanish Trail LLC is a Delray Beach, Florida based real estate development company specializing in maximizing the value of waterfront properties in the Boca Raton Florida area.

The law firm of Tobin & Reyes, P.A. of Boca Raton, FL represents South Spanish Trail LLC.  Globenet is represented by Greenberg Traurig, LLP, and Caribbean Crossings is represented by Holland & Knight LLP.

For further information please contact attorney, Ricardo Reyes with Tobin & Reyes, P.A. at: sst.litigation@tobinreyes.com.

The case is South Spanish Trail LLC v. Globenet Cabos Submarinos America Inc. et al., case number 50-2020-CA-002024, in the Fifteenth Judicial Circuit Court of Florida.

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LEVI & KORSINSKY, LLP Announce a Notice of Settlement for all persons and entities that purchased shares of common stock of Altisource Residential Corporation (”RESI”)

WASHINGTON, Nov. 4, 2019 /PRNewswire-HISPANIC PR WIRE/ –

IN THE DISTRICT COURT FOR THE VIRGIN ISLANDS
DIVISION OF ST. CROIX

ERIC MARTIN, Individually and on
Behalf of All Others Similarly Situated,

Plaintiff,

v.

ALTISOURCE RESIDENTIAL
CORPORATION, WILLIAM C. ERBEY,
ASHISH PANDEY, KENNETH D.
NAJOUR, ROBIN N. LOWE,
and RACHEL M. RIDLEY,

Defendants.

CIVIL NO. 1:15-CV-00024

SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, CERTIFICATION OF SETTLEMENT CLASS, PROPOSED SETTLEMENT, SETTLEMENT HEARING, AND MOTION FOR ATTORNEYS’ FEES AND EXPENSES

To:

All persons and entities that purchased shares of common stock of Altisource Residential Corporation (”RESI”) between December 24, 2012 and December 22, 2014, inclusive (the “Class Period”).

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the District of the Virgin Islands, that Lead Plaintiff Lei Shi and Plaintiff Ashley Saunders (collectively, “Plaintiffs”), on behalf of themselves and the Settlement Class, and Altisource Residential Corporation, William C. Erbey, Ashish Pandey, Kenneth D. Najour, Robin N. Lowe, and Rachel M. Ridley (collectively, “Defendants”), have reached a proposed settlement of the above-captioned action in the amount of $15,500,000 that, if approved, will resolve the lawsuit in its entirety (the “Settlement”).

A hearing will be held before the Honorable Anne E. Thompson of the United States District Court for the District of Virgin Islands, by designation, at the Clarkson S. Fisher Building & U.S. Courthouse, Courtroom 4W, 408 East State Street, Trenton, NJ 08608, at 10:00 a.m. on January 30, 2020 (the “Settlement Hearing”) to, among other things, determine whether the Court should: (i) certify the Settlement Class for the purposes of the Settlement only; (ii) approve the proposed Settlement as fair, reasonable, and adequate; (iii) dismiss the Action with prejudice as provided in the Stipulation and Agreement of Settlement, dated October 7, 2019 (”Stipulation”); (iv) approve the proposed Plan of Allocation for distribution of the Net Settlement Fund; and (v) approve Lead Counsel’s Fee and Expense Application.  The Court may change the date of the Settlement Hearing without providing another notice.  You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.

IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT. If you have not yet received a Notice and Proof of Claim and Release form (”Claim Form”), you may obtain copies of these documents by visiting the website dedicated to the Settlement, www.AltisourceResidentialSettlement.com, or by contacting the Claims Administrator at:

Altisource Residential Corporation Securities Litigation
Claims Administrator
A.B. Data, Ltd.
P.O. Box 173012
Milwaukee, WI 53217
866-797-0862

Inquiries, other than requests for the Notice, Claim Form, or for information about the status of a claim, may also be made to Lead Counsel:

Nicholas I. Porritt
LEVI & KORSINSKY, LLP
1101 30th St. N.W., Suite 115
Washington, DC 20007
(212) 363-7500|

If you are a Settlement Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Claim Form postmarked or received no later than February 22, 2020. If you are a Settlement Class Member and do not timely submit a valid Claim Form, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will nevertheless be bound by all judgments or orders entered by the Court in the Action, whether favorable or unfavorable.

If you are a Settlement Class Member and wish to exclude yourself from the Settlement Class, you must submit a written request for exclusion in accordance with the instructions set forth in the Notice such that it is received no later than January 9, 2020. If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court in the Action, whether favorable or unfavorable, and you will not be eligible to share in the distribution of the Net Settlement Fund.

Any objections to the proposed Settlement, the proposed Plan of Allocation, and/or Lead Counsel’s Fee and Expense Application must be filed with the Court and mailed to counsel for the Parties in accordance with the instructions in the Notice, such that they are filed and receivedno later than January 9, 2020.

PLEASE DO NOT CONTACT THE COURT, DEFENDANTS, OR
DEFENDANTS’ COUNSEL REGARDING THIS NOTICE.

DATED: October 21, 2019

BY ORDER OF THE COURT
UNITED STATES DISTRICT COURT

DISTRICT OF THE VIRGIN ISLANDS

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If you purchased dental supplies or equipment directly from Henry Schein, Patterson, Benco, or Burkhart, an $80 million class action settlement may affect you

PHILADELPHIA, Feb. 22, 2019 /PRNewswire-HISPANIC PR WIRE/ – The following statement is being issued by Berger Montague regarding the Dental Supplies Antitrust Litigation.

An $80 million cash Settlement has been reached in a lawsuit known as In re Dental Supplies Antitrust Litigation, No 16-cv-00696 (E.D.N.Y.), against Henry Schein, Inc. (”Schein”), Patterson Companies, Inc. (”Patterson”), and Benco Dental Supply Company (”Benco”) (collectively, “Defendants”). The lawsuit alleges that the Defendants agreed not to compete on prices for Dental Products. The Defendants deny these claims, insist they did nothing wrong, and a judge has not decided who is right.

Who’s Included?
The Settlement is for a “Class” that includes anyone in the U.S. who purchased Dental Products directly from Defendants or Burkhart during the Class Period: August 31, 2008 to March 31, 2016.

What does the Settlement provide?
The Defendants will pay $80 million into a “Settlement Fund.” The settlement proceeds, net of all court-approved fees and costs, will be allocated pro rata, based on relative purchase amounts. For more information on payouts, please consult paragraphs 25-30 of the November 12, 2018, Declaration of Eric L. Cramer and/or the Plan of Allocation (when it is available) on the settlement website. Class Counsel will be asking the Court to approve a fee of up to 1/3 of the Settlement amount, plus reimbursement of costs, and service awards for the named plaintiffs. That Fee Application will be available on the settlement website on March 24, 2019.

How can I receive benefits?
If the Settlement is approved, you will receive a Claim form in the mail (it will also be available on the Settlement website). You must file a claim by September 19, 2019 in order to receive a payment.

How can I exclude myself or object?
If you want to sue the Defendants yourself, you must exclude yourself from the Settlement by April 18, 2019, in which case you will not receive a payment from the Settlement. If you do not exclude yourself, you may file an objection to the Settlement or any aspect of it by April 18, 2019.

More complete information, including the Settlement Agreement and release of claims, instructions on filing a claim (when a claim form becomes available), Excluding, and Objecting is available on the settlement website, www.DentalSuppliesAntitrustClassAction.com or you may call toll free 1-844-367-8807.

When will the Court decide?
A Fairness Hearing will be held on May 22, 2019 at 10:00 a.m. at the U.S.D.C. for the Eastern District of NY, 225 Cadman Plaza E, Brooklyn, NY 11201 in Courtroom 8D S to consider whether to approve the Settlement and Fee Application. You may, at your own expense appear at the Hearing, but you don’t have to.

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$20 Million Class Action Settlement has been Reached for Purchasers of Solodyn®

NEW YORK, April 30, 2018 /PRNewswire-HISPANIC PR WIRE/ – I f You P u r c hased So l od y n ® a nd/or Its Generic Equivalent You Could Get Money From A Class Action Lawsuit Settlement

A proposed $20 million settlement has been reached in a class action lawsuit involving the antibiotic drug Solodyn®. The lawsuit claims that Medicis Pharmaceutical Corp., Impax Laboratories, Inc., Lupin Limited, Lupin Pharmaceuticals Inc., and Sandoz Inc. (the “Defendants”) violated state competition (i.e. antitrust and consumer protection) and unjust enrichment laws by agreeing not to compete with each other and keeping lower-cost generic versions of Solodyn® off the market. The Defendants deny this. No one is claiming that Solodyn® is unsafe or ineffective.

W ha t does the settlement provide?

To settle the lawsuit, Impax Laboratories, Inc. has agreed to pay $20 million into a Settlement Fund to settle all claims in the lawsuit brought on behalf of consumers and health insurers known as third-party payors. This settlement is in addition to the $23 million settlement recently announced with Medicis Pharmaceutical Corp.

Class Counsel will ask the Court to award attorneys’ fees in an amount not to exceed one-third of the Settlement Fund, plus interest, litigation expenses and incentive payments to the Class Representatives.  After these deductions, the remainder of the Settlement Fund will be distributed pro rata to Class Members who file a valid claim form. The amount of money you are eligible to receive will depend on how much you (and other consumers) paid for Solodyn® or generic versions of Solodyn®.

W h o is included?

Generally, you are included in the Classes if you purchased, paid and/or provided reimbursement for some or all of 45mg, 55mg, 65mg, 80mg, 90mg, 105mg, 115mg, and/or 135mg Solodyn® and/or its generic equivalent prescription in AL, AK, AZ, AR, CA, FL, HI, ID, IL, IA, KS, LA, ME, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OK, OR, RI, SD, TN, UT, VT, WA, WV, WI, WY, DC and PR, in tablet form, from July 23, 2009 through February 25, 2018, inclusive. Certain third-party payors are also members of the Classes.

You are NOT a member of the Classes if: you paid a “flat co-payment” for all of your prescription drug purchases regardless of whether they are brand or generic; you are one of the Defendants or an officer, director, manager, employee, subsidiary, or affiliate of any Defendant(s); you purchased only directly from Defendants or for resale purposes; you purchased or received Solodyn® or its generic equivalent only through a Medicaid program; you are a Pharmacy Benefit Manager; or you are the judge in this lawsuit or a member of the judge’s immediate family.

How do I get a payment?

You must submit a Claim Form by July 31, 2018 to be eligible for a payment. The Claim Form, and instructions on how to submit it, are available at www.SolodynCase.com or by calling 1-800-332-7414.  If you previously submitted a Claim Form for the Medicis settlement, you do not need to submit another Claim Form.  Your previous Claim Form will be used to calculate any payment that you may be entitled to.

W ha t are my other rights?

If you are a Class Member, you may comment on or object to the proposed Settlement. To do so, you must act by June 18, 2018. Details on how to comment or object are at www.SolodynCase.com.

The Court will hold a hearing tentatively set for 3:00 p.m. on July 18, 2018, to consider whether the Settlement and all of the terms are fair, reasonable, and adequate. These deadlines may be amended by Court Order, so check the litigation website noted below.

F o r More Information or to Request a Claim Form
V is i t w w w. So l odyn C a s e.c o m
Call 1-800-332-7414

Source: Motley Rice LLC

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If You Purchased Solodyn® and/or Its Generic Equivalent You Could Get Money from a Class Action Lawsuit Settlement

NEW YORK, April 5, 2018 /PRNewswire-HISPANIC PR WIRE/ –

I f You Purchased Solodyn® and/or Its Generic Equivalent
You Could Get Money from a Class Action Lawsuit Settlement

A proposed $23 million settlement has been reached in a class action lawsuit involving the antibiotic drug Solodyn®. The lawsuit claims that Medicis Pharmaceutical Corp., Impax Laboratories, Inc., Lupin Limited, Lupin Pharmaceuticals Inc., and Sandoz Inc. (the “Defendants”) violated state competition (i.e. antitrust and consumer protection) and unjust enrichment laws by agreeing not to compete with each other and keeping lower-cost generic versions of Solodyn® off the market. The Defendants deny this. No one is claiming that Solodyn® is unsafe or ineffective.

W ha t does the settlement provide?

To settle the lawsuit, Medicis Pharmaceutical Corp. has agreed to pay $23 million into a Settlement Fund to settle all claims in the lawsuit brought on behalf of consumers and health insurers known as third-party payors.

Class Counsel will ask the Court to award attorneys’ fees in an amount not to exceed one-third of the Settlement Fund, plus interest, litigation expenses and incentive payments to the Class Representatives.   After these deductions, the remainder of the Settlement Fund will be distributed pro rata to Class Members who file a valid claim form. The amount of money you are eligible to receive will depend on how much you (and other consumers) paid for Solodyn® or generic versions of Solodyn®.

W h o is included?

Generally, you are included in the Classes if you purchased, paid and/or provided reimbursement for some or all of 45mg, 55mg, 65mg, 80mg, 90mg, 105mg, 115mg, and/or 135mg Solodyn® and/or its generic equivalent prescription in AL, AK, AZ, AR, CA, FL, HI, ID, IL, IA, KS, LA, ME, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OK, OR, RI, SD, TN, UT, VT, WA, WV, WI, WY, DC and PR, in tablet form, from July 23, 2009 through February 25, 2018, inclusive. Certain third-party payors are also members of the Classes.

You are NOT a member of the Classes if: you paid a “flat co-payment” for all of your prescription drug purchases regardless of whether they are brand or generic; you are one of the Defendants or an officer, director, manager, employee, subsidiary, or affiliate of any Defendant(s); you purchased only directly from Defendants or for resale purposes; you purchased or received Solodyn® or its generic equivalent only through a Medicaid program; you are a Pharmacy Benefit Manager, or you are the judge in this lawsuit or a member of the judge’s immediate family.

How do I get a payment?

You must submit a Claim Form by July 31, 2018 to be eligible for a payment. The Claim Form, and instruction on how to submit it, are available at www.SolodynCase.com or by calling 1-800-332-7414.

W ha t are my other rights?

If you are a Class Member, you may comment on or object to the proposed Settlement. To do so, you must act by May 28, 2018. Details on how to comment or object are at www.SolodynCase.com.

The Court will hold a hearing tentatively set for 2:00 p.m. on July 11, 2018, to consider whether the Settlement and all of the terms are fair, reasonable, and adequate. These deadlines may be amended by Court Order, so check the litigation website noted below.

F o r More Information or to Request a Claim Form
V is i t w w w. So l odyn C a s e.c o m
C a l l 1-800-332-7414

Source: Motley Rice LLC

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Thomas Anthony to Lead Exiger’s Immigration, Citizenship & Visa (ICV) Due Diligence Practice in the Caribbean Region

NEW YORK and BRIDGETOWN, Barbados, Sept. 26, 2017 /PRNewswire-HISPANIC PR WIRE/ – Exiger, the global regulatory, financial crime, risk, and compliance company, has named Thomas Anthony the Deputy Head of its Immigration, Citizenship & Visa (ICV) due diligence practice and Director, Financial Crime Compliance, for the Caribbean Region.

Exiger

Mr. Anthony joins Exiger from the Citizenship by Investment Unit (CIU) of Antigua & Barbuda, where he was Deputy Chief Executive Officer. In that role, Mr. Anthony managed the daily operations of the CIU, helping to transform it into one of the largest, most efficient, and fastest growing programs in the world. Before this, Mr. Anthony spent more than 26 years in the banking sector – in both commercial and investment banking – in Antigua, St. Lucia, and Miami.

“Thomas’s expertise in banking, combined with his deep local knowledge, makes him uniquely qualified to advise the CIUs and the regional banks on how to most effectively address one of the most important issues facing the industry today: the pressure placed on global banks to comply with stringent AML regulations, causing them to ‘de-risk’ smaller, regional correspondent banking relationships,” said Michael Beber, Exiger’s President and CEO. “We are thrilled to welcome Thomas to Exiger, where he will work with both our due diligence and banking experts to assist in evolving standards in the industry and ensure the sustainability of citizenship by investment programs throughout the region.”

Exiger’s ICV Due Diligence Practice is a global leader in work related to citizenship by investment programs. The business is part of Exiger Diligence, which provides global public records research and investigative due diligence to global financial institutions, multinational corporations, and governmental agencies.

“Thomas has been, and will continue to be, a trusted advisor in the Caribbean region,” said Kim Marsh, Exiger Diligence’s Vice Chairman and Global Head of the ICV Practice. “His combination of extensive first-hand experience with citizenship by investment programs and deep knowledge of the banking sector will make him a tremendous asset to Exiger’s ICV practice, the Caribbean banks, and CIUs.”

“Exiger is the gold standard for due diligence and compliance,” said Mr. Anthony.  “Exiger’s industry-leading, technology-based, due diligence tools including DDIQ and Insight 3PM, will enable clients to conduct effective pre-screening, continuous monitoring and automated lookbacks. This will greatly enhance the quality, efficiency, and security of the CIUs’ due diligence process. I look forward to working with the entire Exiger team to provide enhanced services, advice, and support to the banks and CIUs operating across the Caribbean region.”

Mr. Anthony holds a degree in banking and finance from City Banking College and a degree in business administration and management from West London College.

About Exiger

Exiger is a global regulatory and financial crime, risk and compliance company.  Exiger arms financial institutions, multinational corporations and governmental agencies with the practical advice and technology solutions they need to prevent compliance breaches, respond to risk, remediate major issues and monitor ongoing business activities.  Exiger works with clients worldwide to assist them in effectively managing their critical challenges while developing and implementing the policies, procedures and programs needed to create a sustainable compliance environment.  A global authority on regulatory compliance, the company also oversees some of the world’s most complex court-appointed and voluntary monitorships in the private and public sectors, including the monitorship of HSBC.  Exiger has four principal business units being:  Exiger Advisory; Exiger Analytics, including DDIQ, the groundbreaking cognitive computing and intelligent search platform; Exiger Diligence and Exiger Insight 3PM.  Exiger operates through offices in New York City, Silver Spring (DC Metro), Miami, Toronto, Vancouver, London, Hong Kong, and Singapore.

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UAE passport awarded a certificate

UAE Passport Force initiative aims high for 2021.

DUBAI, United Arab Emirates, Aug. 30, 2017 /PRNewswire-HISPANIC PR WIRE/ – At a ceremony, the government of the UAE accepted a certificate bestowed by the Passport Index, in recognition for being the most powerful passport in the GCC. UAE passport holders enjoy a visa-free score of 127, which places them in the top 25 passports globally.

Developed by Arton Capital, the global advisory leader for residence and citizenship solutions, the Passport Index is the world’s most popular destination for everything on passports. The index ranks national passports by the cross-border access they bring, assigning a “visa-free score” according to the number of countries a passport holder can visit visa-free or with visa on arrival.

These great accomplishments reflect the strategic, political, economic, social and cultural dimensions, with important implications in terms of prestige and appreciation, being enjoyed by the UAE, led by His Highness Sheikh Khalifa bin Zayed Al Nahyan- President of the United Arab Emirates, at an international level,” said H.E. Ahmed Saeed Alham Al Dhaheri, Assistant Under-Secretary for Consular Affairs at the Ministry of Foreign Affairs and International Cooperation (MoFAIC).

The ministry recently launched the UAE Passport Force initiative, with the goal to place the State’s passport on the list of the five most important passports in the world by 2021 upon the directives of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. In recent years, the UAE has been focused on establishing strategic relations and partnerships that contribute to enhancing the status of the State at the international level.

We are thrilled to announce that the Passport Index serves as the official benchmark and service partner of the UAE Passport Force initiative to monitor and reflect in real time the accession of the UAE passport within the world’s most powerful,” shared John Hanafin, CEO of Arton Capital.

H.E. Ahmed Saeed Elham Al Dhaheri, Assistant Under-Secretary for Consular Affairs at the ministry, said that “the higher ranking of the UAE passport is one of the most important achievements of the UAE diplomacy led, by H.H. Sheikh Abdullah bin Zayed Al Nahyan.”

The ministry stepped up the diplomatic move towards greater openness to the world including strengthening relations with certain countries, beside strong positive presence in all regional and international forums. The government’s strategy aims to provide distinguished services to citizens, including exemption from pre-entry visa requirements to countries of the world.

About the Passport Index
Passport Index is the world’s most popular online interactive tool, which collects, displays and ranks the passports of the world. It is the only real-time global ranking of passports, updated as frequently as new visa waivers and changes are announced. Visitors can dive in the fascinating world of passports, explore their designs, sort them by country, region and even by color. For the first time ever, visitors can compare passports side by side and discover how to improve their Global Mobility Score.
(www.passportindex.org)

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Will Trump make owning a second passport even more desirable?

Americans anxious to join the global citizenship movement

MONTREAL, Nov. 11, 2016 /PRNewswire-HISPANIC PR WIRE/ — Donald Trump’s ascent to the White House is by all means historic. Doubted and disregarded at first, Mr. Trump’s rhetoric gained momentum as it resonated with more and more Americans than he ever thought. Trump’s presidency will inevitably mark a new era. An era of change.

Photo: http://photos.prnewswire.com/prnh/20161111/438445

As every change creates opportunity, we reflect on the expected “Trump effect” on global citizenship, in particular to the trend of investing in second residence and citizenship. Over the past decade, countries who have implemented or restructured programs to attract wealthy investors have more than doubled, proving its resilience and sustainability as investment mechanism.

We have already witnessed a sudden spike in enquiries from American citizens looking for a second citizenship. Being used to surge in web traffic, especially post Brexit, Arton Capital’s website held up quite well. Our web analytics team noted the overlap of increased traffic and flood of enquiries originating from states where Hillary Clinton had won with California, New York and Virginia being among the top sources.

Arton Capital expects to see Americans becoming an integral part of the global citizenship movement. Just like the Brits did after the Brexit referendum. We are already witnessing an increased demand from these newly emerged markets of immigrant investors. The British are mostly looking to secure an option for relocation, due to unclear situation in the kingdom. Even though it remains to be seen, if Trump will implement everything he stood for during his campaign, Americans are concerned and are looking for ways to hedge the downside. Although the Canadian Immigration and Citizenship website failed to handle the increased traffic, the liberal Canadian government is making the most of this new political conjuncture, stating their openness and readiness to welcome anyone who is interested in relocating to and doing in Canada.

Traditionally, the British Tier 1 program and the American EB-5 have demonstrated steady and solid demand. However, our team is already witnessing a significant outflow and redirection towards other parts of the world who are competing for investors. The European options are an attractive alternative, where those who would normally look for Tier 1 are now more interested in countries like Cyprus or Portugal.

The demand of the EB-5 program, whereby investors are granted a green card after fulfilling investment and job creation requirements, has also been affected. In less than 24 hours, we saw a number of our clients putting a hold on their EB-5 applications, looking for friendlier alternatives. USA may no longer be seen as a safe haven for entrepreneurs and business tycoons. Still in shock, we expect them to re-route towards those international English-speaking, business-friendly and conflict-free hubs like Canada, Singapore or Australia. The Caribbean is also likely to pick up, thanks to its relative proximity to the States and the very competitive speed and cost in obtaining a second citizenship. Antigua and Barbuda, Dominica, Grenada, Saint Lucia and Saint Kitts and Nevis all run well known citizenship by investment programs.

Hollywood names have also spoken but will they act upon? Snoop Dogg claimed he will resettle to Toronto, Amy Schumer, reportedly said will move to Spain, Chelsea Handler has reportedly invested in a property in a different country and Samuel L. Jackson has declared that he will be moving to South Africa.

What will happen to the US passport? Passport Index, the most popular global ranking of the world’s passports had seen a surge in monthly average traffic. Surprisingly, US traffic surge also included states voted and won by Trump. “Americans are worried on the Trump effect on their passport,” shared John Hanafin, CEO of Arton Capital.

As the only real time ranking, the Passport Index is prone to reflect some swings in the next two to three years. If US foreign policy becomes less diplomatic, visa-free agreements may be frozen or invalidated, which will hurt the passport’s power. Currently the US passport ranks 4th, with a visa free score of 155. “Even though it is too early to say, we will not be surprised if the American passport drops to 6th position,” shared Hanafin. Similarly, in an extreme scenario, if EU imposes visa restrictions to Brits fowling Brexit, it will send the UK passport on a downward spiral landing it in the group of Argentina, Romania or even Israel.

Geographic and demographic landscape of investor immigration is changing, as a result of major shifts in the political paradigm governing Europe and the United States. Global citizenship will remain a solid and reliable solution to the new challenges HNW investors will be facing. New global centers will emerge where those will be best defined by the very values and beliefs that have been driving the world in the post-war era. Global citizenship in a Trump world, more than ever before, will stand for openness, tolerance, acceptance, inclusion and progress and will remain as one of the key proponents of the values that define a democratic society.

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Veteran Counsels for DEA and DOJ Join Diaz Reus

MIAMI, Oct. 7, 2016 /PRNewswire-HISPANIC PR WIRE/ — Miami-based law firm Diaz Reus announced today that former Division Counsel for the Miami Field Division of the U.S. Drug Enforcement Administration, Patricia L. Diaz, and former Federal Prosecutor for the U.S. Department of Justice, Criminal Division, Fraud Section, Richard N. Wiedis, have joined the firm as partners in the firm’s international litigation, arbitration, and mediation and white collar criminal defense practices. The addition of Diaz and Wiedis continues the firm’s international expansion over the past 12 months as they join other impressive and talented lateral hires, including Ali Awais (Dubai), Gayle E. Hanlon (Dubai), Louis V. Martinez (Miami), Roland M. Potts (Miami), Javier Ruiz (Mexico), and Karel Suarez (Miami and Cuba).

“We are truly fortunate to attract such top level talent in key areas that are important to our clients,” says Michael Diaz, Jr., Global Managing Partner. “Patricia has an enormously successful track record in investigative and litigation matters and is highly qualified to guide clients through sensitive criminal investigations, prosecutions, and negotiations. Richard covers multiple areas of our practice, having outside counsel, in-house counsel, and government experience. His work at the DOJ and for a large, publicly traded technology corporation will be very valuable for our clients in high-stakes litigation, investigations, and regulatory compliance counsel.”

Diaz served six years as Division Counsel for the Miami Field Division of the Drug Enforcement Administration—covering the State of Florida and the Bahamas—and spent 21 years as an Assistant United States Attorney for the Southern District of Florida, prosecuting hundreds of complex, international money laundering cases and earning Special Achievement and Meritorious Service awards from the DOJ, DEA, FBI, HHS, and other U.S. agencies. As a Federal Prosecutor, Diaz was assigned to the High Intensity Drug Trafficking Area Task Force, a task force dedicated to the investigation and prosecution of high level international money laundering organizations.

A member of the Florida bar since 1988, her practice will be focused on white collar criminal defense, internal corporate investigations, general civil litigation, civil and criminal forfeiture, money laundering, RICO, and dispute resolution. Diaz received her J.D., magna cum laude, from the University of Miami School of Law, Miami, Florida.

Wiedis served 15 years as a Federal Prosecutor with the U.S. Department of Justice, Criminal Division, Fraud Section, where his investigatory and trial work led to convictions in high profile cases involving bank fraud, securities fraud, accounting fraud, and other white collar crimes. He holds multiple Special Achievement and Meritorious Service awards and letters of commendation from the DOJ and FBI. Prior to joining Diaz Reus, he served as Executive Vice President of Risk Management and Human Resources and Associate General Counsel at MicroStrategy, a $2 billion market cap, multinational business intelligence software company, where he oversaw the company’s litigation portfolio and designed and deployed a comprehensive risk management and corporate compliance regime for the company and its 23 international subsidiaries.

A member of the New York and District of Columbia bars, Wiedis will focus his practice on white collar criminal defense, internal corporate investigations, FCPA, general civil litigation, trial counsel, civil forfeiture, money laundering, RICO, mediation, arbitration, and compliance and risk management counseling. He received his J.D., cum laude, from Georgetown University School of Law, Washington, DC.

About Diaz, Reus & Targ, LLP
Operating on five continents, across 17 offices in key business centers, Diaz Reus offers a global practice centered around national and transnational parallel proceedings and transactions in the following broad areas: sovereign, trade, commerce, finance, and fraud; civil litigation and arbitration; asset identification, location, tracing and recovery; white collar crime, regulatory, and criminal investigations and defense in matters of corruption, bribery, money laundering, Foreign Corrupt Practices Act, OFAC, Specially Designated Nationals, and the Bank Secrecy Act; and politically sensitive investigations including the recovery of U.S. immigration status and visas. The firm is headquartered in Miami, Florida. www.diazreus.com.

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British Army Needs Soldiers From the Commonwealth to Apply Now

LONDON, Sept. 7, 2016 /PRNewswire-HISPANIC PR WIRE/ — Commonwealth nationals may now apply for a number of specialist roles in the British Army thanks to new rules introduced by the government.

The British Army has welcomed soldiers from Commonwealth countries for many years; however, under previous rules people could only join if they had lived in the UK for five years.

Commonwealth nationals will now be able to apply for positions including Medical Technician, Logistic Supply Specialist, Chef, Vehicle Mechanic, Metalsmith and Gunner Logistics Specialist.

General Chris Tickell, General Officer Commanding, Army Recruiting and Training Division, said: “We are delighted that key roles have been opened up to people from across the Commonwealth who are non-resident in the UK. The service given by soldiers from Commonwealth countries helps the Armed Forces to defend the UK at home and abroad, and we look forward to welcoming more Commonwealth recruits following the introduction of the new regulations.”

A specialist commonwealth recruiter spokesperson said: “We’re looking for candidates that are physically fit, can communicate well in both written and spoken English and can self-fund travel to the UK to attend one of the Army development and selection centres. Full details of the Army recruitment and selection process can be found on the Army website at http://www.army.mod.uk.”

For more information about how people from the Commonwealth can apply for the Army without UK residency, visit http://www.army.mod.uk/join/commonwealth_joiners.aspx.

Notes to editor

Did you know, as an Army Soldier:

  • You are offered over 500 different qualifications, from GCSE to degrees, including all kinds of professional and practical qualifications in areas such as chartered engineering and accountancy that will build up your CV
  • You will start on an annual salary of £18,305 after training, plus pension. In comparison, the UK’s national average apprentice earns £6,846 and may not have job security at the end of their apprentice.
  • You will be offered a clear career structure with annual pay rises and a clear promotion path
  • You receive six weeks paid leave, plus bank holidays
  • You have access to free gym, sports facilities and the chance to train with the very best coaches. You could play in overseas tournaments or on international stages like Twickenham.
  • You have opportunities to travel overseas for operations, sport and peacekeeping, from training in Kenya to supporting the UN in Cyprus.
  • You can take up adventurous training from mountaineering in the Himalayas, to sky-diving in Florida
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Caribbean Holiday and Property Firm Harlequin Begin Action in Court Against Accountants Wilkins Kennedy

LONDON, June 14, 2016 /PRNewswire/ — A court case cited by The Lawyer as one of the most significant to come to trial in 2016 has started today.

(Photo: http://photos.prnewswire.com/prnh/20160614/379038 )

The court claim sees Harlequin sue top 20 UK accountants Wilkins Kennedy for losses and damages claimed by the firm of £50m. The court case starts today in Court 18 of the Rolls Building, Fetter Lane. The case is expected to last seven weeks. Unusually the second week of the case will be heard on the island in the Caribbean where the resort is located.

Harlequin, the holiday and property business owned by Dave Ames, run Buccament Bay Resort in the Caribbean. The 5 star holiday complex is a favourite holiday destination for celebrities like Pat Cash, Lewis Moody, Sally Gunnell, Coronation Streets Michelle Keegan and Mark Wright

Harlequin employed accountants Wilkins Kennedy to provide business and financial advice whilst setting up Buccament Bay. Over four years the top UK accountancy firm were paid £800,000. Wilkins Kennedy partner Martin MacDonald was the representative of the accountants working on the Buccament Bay account.

In 2014, in a case widely reported in the international media, a company called ICE Group, led by Padraig O’Halloran, was fined for E2million due to the misappropriation of millions of pounds from the Buccament Bay project. Accountants Wilkins Kennedy had taken ICE on as a client at the same time as Harlequin.

Additionally, former Wilkins Kennedy employee Jeremy Newman publically apologised to Harlequin and the Ames family. His apology and departure from Wilkins Kennedy took place after it was revealed that he was the administrator of an anonymous website alleging that the business operated by Harlequin was a fraudulent scheme. Wilkins Kennedy and Martin MacDonald denied any involvement and an out of court settlement was reached to close the matter.

For further information, images or a video statement by Dave Ames please contact Nick Fulford on +44(0)777-159-1936 or nick.fulford@edencancan.com.

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Batelco Successfully Obtains Indian Freezing Orders Against Assets of Related Parties of Chinnakannan Sivasankaran and Siva Limited to Enforce its USD 210 Million Judgment

MUMBAI, India, Feb. 24, 2016 /PRNewswire-HISPANIC PR WIRE/ –Batelco Group (Ticker: BATELCO ), the international Telecommunications Group with operations across 14 countries, has successfully obtained Indian freezing orders from the Madras High Court against certain Indian assets of Chinnakannan Sivasankaran (Mr Siva) and his related parties namely: his ex-wife Mrs Jayalakshmi Sivasankaran, his father R.C.K. Vallal, his mother Chinnakannan Chandrammal, his long-term associates Baskaran, Nithyavathi Venkatesan and his related company, Siva Limited. The value of the assets frozen by such orders is estimated to be approximately 500 Crore (US$ 74 million).

Logo – http://photos.prnewswire.com/prnh/20160216/333596LOGO

The orders that have been made by the Madras High Court are intended to pay down a substantial UK judgment that was awarded to BMIC Limited (a fully owned subsidiary of Batelco) by the English High Court of Justice totaling US$ 212 million in June 2014 (the UK Judgement). The UK Judgement was awarded against Mr Siva and Siva Limited, following BMIC’s successful litigation against them (the defendants). The UK Judgment found that the defendants failed to honour a Settlement Agreement signed with BMIC in November 2011, relating to a commercial venture into which such parties had entered in 2009. According to the UK Judgment, full payment should have been made to BMIC by the defendants by 26 June 2014. To date the defendants have failed to pay such sum to BMIC.

Ihab Hannawi, Group CEO of Batelco said:

We fully expect all of the respondents to honour the Indian Court Orders and pay to BMIC the monies owing to it under the UK judgement. We will pursue all legal avenues available to us against such parties to secure this outstanding payment.”

[BMIC acquired a 42.7% stake of Indian registered S Tel in 2009. S Tel had been awarded a 2G Licence in 2008. Following the cancelation of 2G licences by India's Supreme Court in February 2012, BMIC sought to implement an agreed put option which under certain circumstances, such as the cancelation of its 2G licence, or in the event of a failure of Siva to secure financing, would ensure Siva bought back the shares acquired by BMIC at the price paid originally. BMIC and the defendants entered into the binding Settlement Agreement to give effect to this commitment which contained a promise by Mr Sivasankaran and Siva Limited to make payment to BMIC in agreed circumstances.]

CONTACT: Rethu Menon, Consultant, FTI Consulting India, Rethu.Menon@fticonsulting.com, +91-986-718-1043, Amrit Singh Deo, Senior Director, FTI Consulting India, Amrit.Singhdeo@fticonsulting.com, +91-916-742-8242

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Bahamian Supreme Court Grants Baha Mar Leave To Appeal Rejection Of Recognition Of U.S. Chapter 11 Proceedings

NASSAU, Bahamas, Aug. 4, 2015 /PRNewswire/ — Baha Mar today stated it is gratified that the Supreme Court of The Bahamas has granted leave to appeal the Court’s decision to reject Baha Mar’s application seeking the recognition of the U.S. Chapter 11 proceedings in the Delaware Court.

About Baha Mar

Baha Mar is set on 3,000 feet of white sandy beach just 10 minutes from Nassau’s fully renovated and expanded international airport.  It will feature elite hotels with gaming, entertainment, private residences, shopping and natural attractions that reflect an authentic Bahamian experience. Amenities will include a Jack Nicklaus Signature golf course; 200,000 square feet of flexible convention facilities, including a 2,000-seat entertainment venue; art galleries featuring Bahamian art; more than 40 restaurants, bars and clubs; global luxury designer and local artisan boutiques; and 20 acres of exquisitely landscaped beach and pool experiences, including a beachfront sanctuary with native Bahamian flora and fauna. For more information during this process please visit www.bmpathforward.com.

Media Contact

Kekst and Company
Jeremy Fielding/Stef Goodsell/Ross Lovern
Bahamar@Kekst.com
+1 (212) 521-4806

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