Tag: Region South America

Miami – It was a deal that brought together oligarchs from some of America’s top adversaries. ‘The key is the cash,’ the oil broker wrote in a text message, offering a deep discount on Venezuelan crude shipments to an associate who claimed to be fronting for the owner of Russia’s biggest aluminum company. ‘As soon as you are ready with cash we can work.’ The communication was included in a 49-page indictment unsealed Wednesday in New York federal court charging…

Aug 5, 2022. The US-Led Drive to Isolate Russia and China Is Falling Short While the US and its allies have sanctioned Russia for its invasion of Ukraine, half of the countries in the Group of Twenty have not signed up. When Group of Seven leaders gathered in the Bavarian Alps in June, they pledged to stand with Ukraine for the long haul. Their Group of 20 counterparts are proving less supportive. Comprising nations that account for some 85% of…

May 9, 2022. Brussels has shelved its plans to ban the EU shipping industry from carrying Russian crude as it struggles to push through its latest sanctions package because of anxiety among some member states about the economic impact of the measures. A proposal targeting shipping that was introduced last week has been dropped by the European Commission following hard lobbying from Malta and Greece, which is home to more than half of the EU flag tonnage, said several people…

Securities and Exchange Commission v. Ronald Bauer et al. Case No. 1:22-cv-03089 (S.D.N.Y. filed April 14, 2022) SEC announced charges against eight individuals for participating in a long-running fraudulent scheme that generated over $145 million from unlawful sales of penny stocks and caused significant harm to retail investors in the United States and around the world. Defendants. UK-resident Ronald Bauer and various combinations of his associates, Craig James Auringer, Adam Christopher Kambeitz, Alon Friedlander, Massimiliano (“Max”) Pozzoni, Daniel Mark Ferris,…