COViSAL For Justice & Restitution _______________________________________ Por un puñado de dólares dos bandas continúan desplumando a familias inocentes Martes 17 de noviembre, 2015 • Jaime Escalona hablando en nombre de COViSAL denuncia millones de dólares en honorarios y, el desplumaje de miles de familias inocentes. • Lo qué han recuperado el Síndico de los Estados Unidos y los Liquidadores Conjuntos durante los últimos 7 años ha sido usado para pagar gastos y honorarios exorbitantes de los abogados. Hasta el momento, los únicos beneficiados de la administración judicial del Stanford Financial Group (“SFG”)  en Estados Unidos y la liquidación del Stanford International Bank Limited (“SIBL”) en Antigua, son los abogados y sus profesionales. “Pareciera que están prolongando a propósito el proceso legal y los juicios para continuar generando millones de dólares en honorarios y gastos para sí mismos, hasta consumir en su totalidad el patrimonio de l...

COVi SAL For Justice & Restitution ____________________________________________________ Six years and three months have passed since Stanford’s debacle destroyed the lives of 21,739 innocent families around the world when on February 17, 2009, the U.S. Securities and Exchange Commission (“SEC”) abruptly seized Stanford Financial Group in the United States. The largest group is Latin American families with 15,270 victims representing 70% of the total depositors in the Stanford International Bank, Ltd. (“SIBL”) and more than $4 billion in losses. Depositors from the United States are the second largest group. These families entrusted their savings to a company belonging to an American conglomerate regulated and supervised by the U.S. Government. The majority of Stanford’s depositors are modest people; many are elderly, ill, close to retirement, or families with special needs children.  All are unable to pay for their critical medical treatments and living exp...

COVi SAL For Justice & Restitution ____________________________________________________ La Administración Judicial del Stanford Financial Group y la Liquidación del SIBL… ¿Esperanza, castigo, o fraude? Seis años y tres meses han pasado desde que la debacle de Stanford destruyó   las vidas de 21,739 familias alrededor del mundo, cuando el 17 de febrero, 2009, la Securities and Exchange Commission   (“SEC”) de los Estados Unidos, abruptamente intervino el Stanford Financial Group en los Estados Unidos. Familias de América Latina son el grupo más afectado con 15,270, representando el 70% del total de depositantes del Stanford International Bank, Ltd. (“SIBL”), y con más de $4.000 millones de dólares en pérdidas. Depositantes de los Estados Unidos son el segundo grupo más grande. Estas familias confiaron sus ahorros a una empresa de un conglomerado estadounidense regulado y supervisado por el gobierno de los Estados Unidos. La mayoría de los depositantes d...

COALICION VICTIMAS DE STANFORD AMERICA LATINA (COViSAL) March 7, 2014 An Open Letter from COViSAL to the Antiguan Court and the Joint Liquidators challenging the Court’s decision authorizing claw back claims against innocent depositors   On February 17, 2014, COViSAL denounced the Joint Liquidators’ actions to claw back funds from innocent victims by sending a very damaging letter asking for the return of money withdrawn from their accounts during the six months prior to the collapse of the Stanford International Bank Limited (“SIBL”). They demanded a response within 120 days of receipt of the letter. This communication was sent in English and the majority of the victims, who are from Venezuela and other Spanish-speaking countries in Latin America, had difficulty understanding it. COViSAL’s response can be read at: http://covisal.blogspot.com/2014/02/stanfords-victims-defrauded-again-by.html On February 25, 2014, the Joint Liquidators sent another letter titled, “Sta...

    COALICION VICTIMAS DE STANFORD AMERICA LATINA (COViSAL)   February 17, 2014 Stanford’s victims feel defrauded again by the Joint Liquidators Marcus Wide & Hugh Dickson of Grant Thornton. Innocent Stanford victims are in a panic - many suffering emotional distress. Today marks the five year anniversary of the Stanford debacle and the Joint Liquidators Marcus Wide and Hugh Dickson, of Grant Thornton, decided to give Stanford’s defrauded depositors an anniversary present - a letter asking for the return of money that they withdrew during the six months prior to the collapse of the Stanford International Bank Limited (“SIBL”). The Letter from Marcus Wide and Hugh Dickson of Grant Thornton reads as follows:   “I write further to my previous notification to you regarding your claim, which was allowed in the amount of (x dollars) under the above Primary Express Account. A significant amount of funds was withdrawn in th...