Stanford Sentenced to 110-Year Term in $7 Billion Ponzi Case By Clifford Krauss June 14, 2012 HOUSTON — Jaime Escalona was fleeced so thoroughly by the financier R. Allen Stanford that he could no longer pay for his grandson’s autism treatments, he said in a steady voice in court on Thursday, before turning to the defendant and declaring, “You are a dirty, rotten scoundrel.” Mr. Stanford took the insult in stride, and stared right back. Then Angela Shaw Kogutt, who said three generations of her family had lost over $4 million because of Mr. Stanford’s “financial terrorism,” asked all the scores of victims in the federal court gallery to stand before Mr. Stanford to show him their faces of misery. Judge David Hittner of the Federal District Court told Mr. Stanford he was under no obligation to look, but he swiveled his chair toward the victims anyway without a flinch or sign of caring. For Mr. Stanford, his day in court on Thursday — the day he was sentenced to 110 years in prison wit

  COViSAL   -  For Restitution COViSAL Blog View this email in your browser Estimados amigos: En este mensaje anexo el link al documento en inglés de la apelación de SIB ante el Tribunal de Apelaciones de Ontario referente a la decisión del Tribunal Superior que favoreció a TD Bank. Más abajo está la traducción al español de dicho documento. English version: http://www.sibliquidation.com/ wp-content/uploads/2021/07/ Notice-of-Appeal-July-8-2021. pdf No perdamos la esperanza. Avancemos fuertes con fe y perseverancia. Saludos, Jaime Jaime R. Escalona On behalf of COViSAL for Restitution https://covisal.blogspot.com/              Twitter: @COViSAL"   Con DIOS, superaremos todos los obstáculos / With GOD, we'll overcome all obstacles La labor de COViSAL es de índole investigativa, informativa y de difusión. NO debe interpretarse como asesoría legal. The nature of the work of COViSAL is research, information, and dissemination. It should NOT be interpreted as legal advice.   The co

 

  COViSAL   -  For Restitution COViSAL Blog View this email in your browser Estimados amigos:   Ayer 21 de abril, 2021, los Liquidadores Conjuntos enviaron un comunicado referente a los pagos de la 3ra distribución. Varios de ustedes me enviaron copia preguntando a que se refiere este mensaje. Por tal motivo, hoy le envié un email a Mark McDonald, Liquidador Conjunto del SIB. Anexo copia de la carta que envié en respuesta a su comunicado. Primero, la versión en inglés y segundo, la traducción a español. "Dear Mr. McDonald, Yesterday, April 21, 2021, Stanford’s creditors received an email with a letter from your office announcing the third interim distribution of 1%. The letter says that checks will be sent to the stated delivery address, and that will be issued in 3-4 weeks following this letter. And, that due to distribution complications and geographic locations of creditors, checks might take up to 8 weeks after the date of this letter.   During our conversation on March 4th, 2