Whale Hunting(No Whales Were Hurt in the Making

of this Presentation)Moderator: Edward H. Davis, Jr. Speakers: Kees Van de Meent

Yves KleinJoe WielebinskiElizabeth OrtegaRodrigo Callejas

British Virgin Islands, April 21, 2014

What Is Whale Hunting?

Identifying Large Cases to Pursue as a Group with Members of FraudNet and FraudNet Sponsors

Cases that Present an Opportunity For Groups of FraudNet Members and Sponsors to Work Together

Cases that Allow FraudNet Members and FraudNet Sponsors to Feature their Special Skills and Capabilities

Finding the “Right” Whales!

What Kinds of Cases Are Whales

Large ValueCross BorderFraudPonzi SchemesCorruption Commercial CrimesJudgment Enforcement

Examples of “Right” Whales!

Stanford International BankTrinidadian GovernmentCorruption in GuatemalaInterbolsa in ColombiaTunisian GovernmentPescanovaCorruption in ChinaLiberta Finanancial, Ltd.Egyptian GovernmentBancafe International BankUkraine CorruptionBrazilian CorruptionOGX Brazil

Bancafe International Bank

1. October 19th, 2006

Financial Group is suspended in Guatemala

2. October 23rd, 2006Offshore of the Financial Group is suspended in

Barbados (+3,000 Guatemalan

depositors)

Potential AssetsUSA

Grand Cayman

El SalvadorPanamaGermanyAustria

Forensic Services

USACanada

3. November, 2006Custodian is appointed in

Barbados and legal counsel engaged in USA and

Guatemala

Liberta Financial, Ltd. Liberta Financial is an Insolvency Practice,

which specialises in personal insolvency. Elizabeth Pywowarczuk, a founding member

of Liberta Financial Ltd, is a qualified Insolvency Practitioner with over twelve years experience in personal insolvency. She is licensed and regulated by the Insolvency Practitioners’ Association and is a member of the Association of Business Recovery Professionals, known as R3.

Members of these organisations must always adhere to best practice guidelines.

Potential Assets

Guatemala

*Taken from: http://www.liberta.uk.com/about_us.html /

Stanford International Bank “The Stanford companies were a

complex, sprawling web of more than 100 companies, all of which were controlled and directly or indirectly owned by Allen Stanford. The companies were operated in a highly interconnected fashion (…)

Stanford had operations in more than 100 discrete locations spanning 15 states in the United States and 13 countries in Europe, the Caribbean, Canada and Latin America.

Stanford claimed to have more than 30,000 clients located in 133 countries.

These companies were not arranged in a traditional corporate structure. They did not have a typical centralized management hierarchy, nor did they have a typical governance structure for the whole network. (…)” *Taken from:

http://www.stanfordfinancialreceivership.com/documents/Interim_Report_Dated_April_23_2009.pdf

Pescanova

*Image taken from: http://online.wsj.com/news/articles/SB10001424127887324260204578586031121782300

Finding the Right Crew

Identifying the Type of Case Dictates the Team

You Need Team LeadersCheck the Egos at the Door –

choose the leader who increases the chance of being engaged

Bring in Specialties Where Necessary

Local Knowledge is criticalForensicsInvestigationsPublic Relations and Marketing

(you are selling a service)

The Whale is Sighted! What do we do now?

How Do You Approach the Client (the Whale)

Who is the ClientWho Has The Authority

to Contract?Who Has the Standing

to Sue

Fitting out the Whale Boat?

What do you do first! (Research, Research, Research)

Put the information out to the Network as fast as possible

What Materials do you use?Don’t Overshoot the Target!What do you do? How much do you “give

away” to get the engagement? Chumming!

Getting Stuck In andHarvesting

Who else is Whaling?GovernmentsNGO’sPosers

How Do you Deal with the Harpoon blockers?

Getting Stuck In andHarvesting

Getting the “Whale” in the Boat

How do you “close the deal”

Whale Hunting(No Whales Were Hurt During This

Presentation. Reputations? Maybe!)Moderator: Edward H. Davis, Jr. Speakers: Kees Van de Meent

Yves KleinJoe WielebinskiElizabeth OrtegaRodrigo Callejas

British Virgin Islands, April 21, 2014