The Peruvian chickens came home to roost on Thursday when an Ohio judge remanded a former Ohio resident, who had been hiding out in Peru, into custody until his trial can begin.
Case Dating Back to 1999
This sorry tale dates all the way back to 1999 when the U.S. Securities and Exchange Commission (SEC) caught up with several employees working at Cyprus Funds Inc., situated in Ohio, who it was said were running a Ponzi scheme that would pre-date Bernie Madoff by a good few years.
SEC Throws the Regulation Book at Ring-leader
It was established by the SEC that Eric Bartoli, who was in his mid-40s at the time, had been running a fraudulent investment operation from 1995 to 1999. Prosecutors intended to prove thatBartoli was part of a criminal enterprise that had defrauded at least 800 investors, including many retirees, of considerable sums of money. The retirees were based in the United States and also parts of Latin America too.
The 10 criminal counts in the 2003 indictment include ones for securities fraud, the sale of unregistered securities, conspiracy, mail fraud, wire fraud, money laundering, and an attempt to evade income tax payments.
The SEC sued Bartoli; he was absent for a 1999 hearing on the case about pharmaceutical fraud. Fugitive Trail Leads to New Hampshire. Subsequently, he was found to be in contempt of court. A civil arrest warrant was then issued.
Having failed to attend the 1999 hearing, Bartoli was known to have fled to New Hampshire. Federal authorities caught up with him there and he was relieved of his passport. However, Bartoli was not detained at this time with federal authorities believing that he was not a flight risk with his passport no longer in his possession.
The assumption that Bartoli was grounded proved to be a false one when he was able to use another identity to leave the United States, eventually ending up in Peru, according to information provided by Federal prosecutors.
Captured in Lima, Peru
The Peruvian National Police successfully captured Bartoli and he was back in custody during 2013 in Lima, Peru. It has taken more than two years for the extradition process to be completed, but Bartoli now is back on U.S. soil.
No Escape This Time
During his most recent court appearance on Thursday in front of U.S. District Judge John Adams in Akron, Ohio, the judge was not taking any chances with this case. He remanded the suspect into custody until, and no doubt throughout, the trail. Bartoli is expected back in court on December 22.
Mixed Result for Victims
For his co-conspirators, it has been a mixed case when it comes to delivering justice for the victims. It is believed by prosecutors that the ill-gotten gains were spirited away on other business interests and towards a luxurious lifestyle during the late 1990s. Little, if any, of the stolen money is ever likely to be recovered.
As for the co-conspirators, one of them died before their federal case could go to trial. Two other people involved were subsequently convicted and have already served out short prison sentences primarily on charges of fraud.
Volkswagen continues to be embroiled in a trap of their own making with the ongoing scandal of diesel car emissions fraud affecting the American public.
Environmental Research Letters Study Findings
An environmental study published by the Environmental Research Letters in the last few days has indicated that the not-so-clean diesel cars affected by the VW fraud could ultimately have already contributed to the death of 60 American men and women. This alarming figure has many people up in arms about the conduct of the Volkswagen car company over their misleading business strategies.
Vehicles Rigged With Software Designed To Trick Test Results
The sophisticated conceit involved rigging vehicles so that they could detect automatically when an emissions test was being undertaken. This would then trigger an artificial reduction of the level of nitrogen oxide that was being released in order to stay within the U.S. government mandated emissions standards. Ultimately, the standard emissions vastly exceeded the recommended levels under normal circumstances.
Once the vehicle had departed from the laboratory, the software would switch the preset settings back to ensure improved fuel-efficiency at the expense of 10-40 times more damaging emissions. A clever ruse indeed. The scheme was only discovered recently with the public becoming aware of the issue back in September. Vehicles from Volkswagen have been undergoing this software manipulation from 2008 to 2015.
Dangerous Emissions Begin in 2008
As a result of the vehicles let out on public roads that should never have been until they passed emissions testing, VW vehicles have been damaging the environment and potentially the health of the people in the vicinity of the vehicles since 2008. Anyone either owning a Volkswagen car or living next door to someone who did during the 2008 – 2015 period is likely to have been exposed to higher levels of poisonous emissions. If you want to be well informed feel free to visit: http://www.mahanyertl.com/pharmaceutical-fraud-whistleblowers/.
The researchers who conducted the recent study considered the likely usage of a VW car over its useful life, and also looked at other risk factors when coming up with a rough estimate of how many lives would be lost due to the increased pollution levels. Steve Barrett of MIT indicated that when adding the additional pollution levels of VW car emissions to other known emission levels in the environment, 60 people will likely have already passed away, or will do so, typically a decade or sooner than they would have otherwise.
Further Respiratory Problems Cause Hospital Visits Due To Pollutants
Beyond the premature deaths, there were also 34 admissions into hospitals for cardiac or respiratory problems and a further 31 people having been admitted for chronic bronchitis. It is worth bearing in mind that almost half a million of Volkswagen vehicles were sold during the affected period in the United States, with a further 10.5 million more having been sold abroad.
Research Results Reviewed by Experts at Carnegie Mellon
Other researchers at Carnegie Mellon, in association with the Associated Press, determined that between 16 and 94 people in the United States could have died over the seven years affected. A further 140 deaths can be expected if nothing is done to either fix the emissions problem in the vehicles or recall them from the road.
VW Vehicle Recall Has Begun
Volkswagen have since started a recall of the affected vehicles across a number of the countries that are known to have the models of car with emission problems. It is not yet known how long the recall will take to complete and what the eventual human toll actually will have been.
Personal injury means infliction on someone other psychical or psychological pain or just fearing someone. There are many types of personal injuries and here are some of them: -Physical pain; -Psychological pain; -Violation of someone’s rights; -and just fear.
Today many companies are damaging someone’s private information and share them with the rest of the world. All of us aren’t aware of the consequences of using our own information by a third party for some of its own purposes. We are sharing our personal information without even knowing their trajectory on the Internet. Facebook represents probably the biggest threat for your personal information security.
All of ushave their own Facebook profile and we put all types of our information there. We think that this this is good but we never think on the consequences. Today we don’t need to talk about ourselves because all our private information’s can be find on our Facebook profile. Also many people can find out your politically preference from stuff that you post and it is just question of a time when that can be used against you.
Big problem is also that some people post their religious beliefs. That is such as a private thing and that can be very dangerous, but no one think what could happen. The best example in what way can our information’s be misused is that our profiles can on easily way be hacked. In that way people who did this can use our profile and do with him whatever they want to. Also, when we put our information’s on such webpages someone can make the same profile as ours and do illegal things and for sure, we will be responsible Facebook isn’t the only web page where your rights can be injured. There is also Twitter, Instagram, all types of sites for online gambling etc…. The communication on internet and those pages is very dangerous for us and especially for our children. We can tell many personal information to someone and he or she can easy abuse them, and our children can adjusted on some tricks and run into big problems. There are many problems when it comes to this online security. People can be tracked easily because their smartphones and Facebook profiles are updating their locations every day. You should think before someone makes a problem with your own personal info.
We can be at least surethat some people care about our private information’s. For that purpose people have made“The International Standard for the Protection of Privacy and Personal Information”.
It shall enter into force in 2009 and from that year they say that all our informationare safe. They guarantee us that we can put as much information’s that we will on internet and no one from those can be misused. We must to think of ourselves and keep us secure from many internet dangers today.
“More than reasonable is unreasonable”[??] Note: “un” which means the negative of or simply “not” and equating its meaning with “more than”. Logically, without more, this does not work. Proof: assume “reasonable” is “8/10” which is the standard or the obligation to be met. Then 9/10 (being NOT 8/10 is – on this logic – […]
I couldn't agree more with the views expressed, which reflect our own thinking when we founded Nimble Legal in the UAE in 2016. A fair bit of our work comes from large law firms which view us as a complementary offering rather than competition. But the biggest winners are our SME clients which now find […]
I can't help thinking that Hill Dicks decision to concentrate on more specialist areas is likely to provide more long term security. Keoghs pursuing the commoditised 'stack 'em high, sell 'em cheap' side of things seems a lot more risky (and a lot less profitable per fee earner) in the current general litigation climate.