Bob's Lessons Learned

MasTec Acquisition of Pacer Construction and Subsequent Pursuit/Recovery of Purchase Funds

Securities Investor Fraud In June 2014, MasTec (NYSE: MTZ) purchased Pacer Construction and its related entities from Richard Pelletier, who was the founder and CEO of Pacer, his company Richard Pelletier Holdings Inc. and two others.  MasTec Inc. paid RP/RPHI a cash sum of approximately Can$59 million for his proportionate equity interest in Pacer.  At the time of the purchase, Pelletier was a resident of Calgary, Alberta, Canada. However, in the year 2015, Pelletier and his family moved to the Cayman Islands. Following the acquisition, it became apparent that Pelletier had falsely represented the financial condition of the companies.  In...
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Alberto Chang Rajii, The Chilean ‘Madoff’

Securities Investor Fraud On April 12, 2016, a Chilean businessman wanted for an investigation into one of the biggest financial frauds in Chile, was identified by a Chilean camera crew in Malta in the reception of a hotel in Valletta. Alberto Chang Rajii (“Chang”), founder of the Arcano Group had left Chile on March 12, 2016 on a flight to the United States. In mid-April 2016, Chang’s bank accounts in Chile were frozen and the Chilean prosecutors delivered the search warrant that would later become an international arrest warrant. Previously, an anonymous complaint against the Arcano Group had been sent...
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United States v. James Merrill and Carlos Wanzeler

Retail Consumer Fraud Firm was retained by Counsel for the accused Merrill to assess the government's allegation of a ponzi scheme where it reported"total losses by the victims of about $3,045,000,000" located around the world. We must determine if the characteristics associated with an alleged Ponzi scheme are evident in the nature of the revenue and expense recorded by the company. To assemble the full financial picture, a list of missing financial records from the government's case along with a list of various computer-based analyses that became their basis for the allegations were requested. The requests were necessary in order...
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Harry Sargeant III and Mohammad Al-Saleh

Asset Search Firm was retained by Counsel on behalf of the plaintiff, Mohammad Al-Saleh to conduct a study of the $1.5 Billion in disbursements among domestic and foreign bank accounts for the years 2006 to 2010; to determine the business reality of the movement of funds that revealed the parallel disbursement structure between the United States and Europe/Middle East; to identify potential assets related to the targets. An overview of the process and result is presented with extracts from the following sources: Web of 14 Lawsuits Settled Stemming from Sargeant Family Fight By Jane Musgrave May 1, 2015 "…The bankruptcy...
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Lisa Armoyan, Petitioner/Wife and Vrege Armoyan, Respondent/Husband

Family Asset Search Firm was retained by Counsel, namely Astigarraga Davis on behalf of the plaintiff to conduct a search for the assets of the husband subsequent to the “Armoyan Final Judgment” that was in the amount of some $18 million. The asset search investigation delved into public and private companies of an international nature covering several years. View Mother Wins $13.4 Million Settlement View Armoyan Final Judgment and Dissolution of Marriage View Vrege Armoyan His Cautionary Tale…
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Anwar, et al., vs. Fairfield Greenwich Ltd, et al. re: Bernie Madoff

Securities Professional Negligence, Investor Fraud Firm was retained by Counsel, namely Boies, Schiller & Flaxner, LLP on behalf of the plaintiffs in a matter known as 'Anwar, et al., Plaintiffs vs. Fairfield Greenwich Ltd, et al., Defendants' where the subject matter is Bernie Madoff and his Ponzi scheme. The engagement was as a testifying expert on forensic accounting matters in the Anwar class action. Lindquist issued a “Rebuttal Expert Report” to opine on issues raised in three “Expert Reports” that essentially expressed the opinion that the defendants could not have “uncovered the Madoff Ponzi scheme because it was so sophisticated...
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Southern Health Network, Inc. vs. Turks and Caicos Islands

Healthcare Commercial Dispute Firm was retained by Sidley Austin LLP on behalf the Turks & Caicos Islands in a matter that involves the ‘Southern Health Network Inc., a Miami based company that was responsible for providing transportation and medical services for Turks & Caicos Islanders sent to Miami. The Miami company filed the lawsuit against the Turks and Caicos government for non-payment in the sum of almost $17 million US Dollars’. The case was settled for an amount of less than $500,000. The origin of the involvement of Southern Health Network, Inc. is reported in the “Auld Commission of Inquiry...
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Government of St. Lucia

Government Political Corruption Firm was retained by the Attorney General of the Government of St. Lucia to address matters raised by Prime Minister Anthony in his ‘Address to the Nation on Relations with China and Taiwan’. The ‘PM’ referred to his ‘concern regarding the alleged payments made to UWP members of Parliament by the Government of Taiwan and its agents upon the establishment of diplomatic relations and during the ensuing period…I wish to indicate that the Government of Saint Lucia has engaged the services of Bob Lindquist to look at these alleged transactions…This audit will go beyond the issue of...
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UDECOTT vs. John Calder Hart et al

Construction Breach of Fiduciary Duty, Bid Rigging "Lindquist Goes After Hart" ‘…Bob Lindquist has been given the mandate to investigate if there was bid-rigging, manipulation of the tendering process and kickbacks to public officials in the award of contracts for two specific projects, the Ministry of Legal Affairs Towers and the beleaguered Brian Lara Cricket Academy…’ Background In March 2010 the UFF Commission issued its report into the construction sector and in regard to the Brian Lara matter their focus was on the ‘now’ events in 2006. However, given that the issues involved parties with a history, Lindquist focused on...
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