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Showing posts with the label open letter

Stanford victims 1 penny vs. U.S. Receiver $127.2 million in fees and expenses

COALICION VICTIMAS DE STANFORD AMERICA LATINA (COViSAL) March 3, 2014 Response from COVISAL to the US Receiver Open Letter dated February 14, 2014 Five years after Stanford’s fraud – Some Stanford victims receive 1 penny, US Receiver  $ 127.2 million  in Fees and Expenses It is ironic that the US Receiver decided to send an Open Letter to all the families affected by the Stanford fraud on Valentine's day. Did he mean to write a message of love and hope after five years?  Unfortunately, the only love and hope we see is not coming from the Receiver. The reality is that injustice continues for the victims of Stanford’s fraud as the administration of the receivership continues to generate fees for themselves, their attorneys, and other professionals - the sole beneficiaries so far, charging millions of dollars in fees and expenses. Mr. Janvey doesn’t know how the victims feel, because he is not in their shoes. Families are living off of charity from nei...

Open Letter from COViSAl to SIBL's Liquidators

  COALICION VICTIMAS DE STANFORD AMERICA LATINA (COViSAL) The Claims Process…  Hope, Punishment or What? An open letter from COViSAL to the Joint Liquidators  of the Stanford International Bank Limited,  Marcus Wide and Hugh Dickson February 8, 2012                                             Case No. ANUHCV 2009/0149 The High Court of Justice of Antigua and Barbuda                                                                                           Dear Mr. Wide and Mr. Dickson, We non-US citizens, victims of the...