COViSAL For Justice & Restitution _______________________________________ For a fistful of dollars two gangs continue to fleece innocent families Wednesday, November 18, 2015 • Jaime Escalona speaking on behalf of COViSAL denounces millions of dollars in fees, and the fleecing of thousands of innocent families. • What’s been recovered by the US Receiver and Joint Liquidators during almost 7 years, goes to pay exorbitant attorneys’ fees and expenses. Until now, the only ones benefiting from the receivership and the liquidation of the Stanford Financial Group (“SFG”) and the Stanford International Bank Limited (“SIBL”), are the attorneys and their professionals. “It appears that they are purposely prolonging the legal process and litigation to continue generating millions of dollars in fees for themselves until the creditor’s patrimony is depleted," affirms Jaime Escalona, founder and leader of COViSAL, an international coalition of depositors...

COALICION VICTIMAS DE STANFORD AMERICA LATINA (COViSAL) An Open Letter by COVISAL to the Joint Liquidators of Stanford International Bank Limited, the US Receiver, the US Department of Justice and  the  Official Stanford Investors Committee March 27, 2012 Dear Joint Liquidators, US Receiver and Department of Justice, The saga drags on for the victims of Stanford’s fraud as litigation continues to generate fees for attorneys, the only beneficiaries so far, charging millions of dollars in fees and reimbursed expenses. On March 9 th 2012, Mr. Janvey filed his 16 th interim fee application before the U.S. District Court for the Northern District of Texas in Dallas. The motion is in Securities and Exchange Commission v. Stanford International Bank, Ltd. et al. Mr. Janvey requested the approval from the Court to pay $1.6 million in fees to his attorneys, including his firm, from October 1st, 2011 to December 31, 2011. For only three months of work these firms will recei...