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Attorneys in the Stanford Case Are the Only Ones Benefiting

EL MUNDO ECONOMIA & NEGOCIOS       //       MONDAY APRIL 2, 2012            PUBLIC POLICY FRAUD Attorneys in the Stanford Case Are the Only Ones Benefiting • Jaime R. Escalona from Covisal denounces millions of dollars in fees • What’s  recovered by the Liquidators goes to pay attorneys’ fees Cesar Contreras Altuve ccontreras@cadena-capriles.com Until now, “the only ones benefiting” from the fraud committed against thousands of depositors around the world, in the Stanford International Bank Limited (SIBL) based in Antigua,  are the attorneys, because “litigation continues to generate millions of dollars in fees for them," affirms Jaime R. Escalona, founder and leader of the Coalición Víctimas de Stanford América Latina (Covisal). Escalona narrates that on March 9th of this year, the US Receiver, Ralph Janvey, registered his 16h appli...