ORGANIGRAM OF CHRONOLOGICAL ORDER OF EVENTS REGARDING
THE REPORT PRODUCED BY RITA ANNE LAFRAMBOISE (RAL)
ON TRADEX (Banc Caribe).
This organigram provides the chronological order of events of how an accountant can proliferate
( CLICK HERE FOR FULL VIEW IN A NEW TAB)
1. March 2003
Rita Anne Laframboise (RAL) receives a call from Art Ferdig (AF) director of Tradex Ltd (Tradex) of Dominica. The call is regarding the status of Tradex Ltd’s money on deposit at BANC CARIBE of Dominica. Who is running the Bank?
2. April 5th, 2003
- AF – INVESTORS as mandator agrees and signs as Tradex Ltd appointing RAL as mandatee Due Diligence and Compliance Consultant. RAL is in direct dialog with AF – INVESTORS immediately thereafter.
- RAL expresses on several occasions if AF – INVESTORS are willing to proceed with whatever is discovered during the consulting verification with RAL to report to the police as a victim and that RAL shall be present and the AF – INVESTORS answer is yes.
3. April 5th to October 16th, 2003 – Tradex bank records
RAL obtains evidence of original bank records from Tradex administration and client records between the dates of April 5th, 2003 and October 16th, 2003. Bank account for Tradex is with BANC CARIBE in the commonwealth of Dominica.
From the beginning, law enforcement and creditors/investors of Tradex (and depositor of Banc Caribe) require to discover what happened to the apparent loss of US$129,000,000,00 of said 600 investor monies of Tradex Ltd.
4. April 21st, 2003
At the address of 1 PLACE VILLE MARIE, SUITE 2821, the business address of RAL, a meeting with ten INVESTORS of Tradex Ltd. and with AF takes place. Investors came from England, Florida, Maine, Bahamas, California, Massachusetts and Canada.
5. April 29th, 2003
AF – INVESTORS confirm that there is an investor group working with RAL together for the investors of Tradex Ltd. and post this as a confirmation in an announcement as a message on the Tradex Ltd. website for the approximate 600 creditors/victims/interested parties some of which wired into BANC CARIBE to the depositor Tradex Ltd. “In Oneness for Investor Group that met in Montreal.”
6. June 4th, 2003
A Declaration of Full Disclosure is provided from and signed by AF of Tradex Ltd. to RAL.
7. June 20, 2003
AF – INVESTORS expand on a further consulting arrangement with a DECLARATION OF FULL DISCLOSURE from AF of Tradex to RAL. The mandator Tradex and its investors and mandatee RAL agree in writing with signatures by AF – INVESTORS and RAL.
8. August 2003
- Key Evidence received 11-12 boxes from Tradex as original records of accounts, and
- RAL on a conference call with AF. Evidence of the authorized signatory of all bank accounts for Tradex especially during the last 20 months that lead up to the dates of February and March of 2003 since Tradex has its bank account with BANC CARIBE. AF replies to RAL stating that it is himself, his daughter, Rachel Riotte and Mr. Jeff Lockhart, his son in law are the signatories for Tradex at Banc Caribe in Dominica.
9. August of 2003
RAL discovers evidence through documents provided by AF that fax transmissions were made from AF to PWC having the date August 18th, 2003 with fax number 416-814-3210 (this area code is in the area of Toronto, Ontario, Canada far from Halifax, Nova Scotia, Canada) and the fax states;
- “…TO: MR. JOHN ANUSIEWIEZ, PRICE WATERHOUSE COOPERS INC….”with RE: BANC CARIBE LIQUIDATION
- AF (Art Ferdig, Director of Tradex) signs this evidence on PWC letterhead
- AF signs for all client accounts of Tradex on PWC letterhead
- AF signs on PWC letterhead while confirming the balance outstanding through a variety of bank accounts run by AF with PWC at BANC CARIBE since FEBRUAY 6, 2003, an important date for this entire DUE DILIGENCE
- AF signs and confirms on PWC letterhead for the TRADEX bank account at BANC CARIBE the balance outstanding of US$ 3,474,754.37 (over 3 million dollars) with the bank account # 200098 for Tradex at Banc Caribe.
10. September 13 through 17, 2003
- AF comes to Montreal whereby RAL and some investors as witnesses from the Investor Group verify together the contents of evidence received in Montreal for RAL in August 2003.
- It is discovered that funds from the Tradex account is instructed to be wired to other companies belonging to AF of Tradex Ltd.
- The main account number confirmed for Tradex as number 200098 at BANC CARIBE.
- Evidence also states information being reported “TO: PricewaterhouseCoopers Inc., Official Liquidator of Banc Caribe Limited, Attention: John Anusiewiez; Toronto, Canada.”
** See discovery of June 2004 on this documentation.
11. October 27th, 2003
RAL with Pierre Quesnel (PQ) lawyer practicing civil law in Montreal, Quebec, Canada deposes the results of the Due Diligence consulting verification – the interim report of RAL – work that was contracted with AF – INVESTORS of Tradex Ltd on record in the Superior Courts of Montreal, Quebec, Canada, under suite number 500-17-017310-031 of approximately 130 pages. Whereby the details point to a questionable trading scheme with one name in particular called Susan Lok said trader of Tradex.
12. October 27th, 2003
PQ civil attorney confirms in his letter labelled RE: Tradex ltd et al vs. Laframboise …..the interim report of approximate 130 pages of LAFRAMBOISE with his file number as PQ 9605 to Mr. Eric Menard of Fasken Martineau DuMoulin that the report was completed. Mr. Eric Menard of Fasken Martineau DuMoulin is said to be representing Mr. Art Ferdig.
13. October 29th, 2003
Rita Anne Laframboise sent via UPS the interim report of approximately 130 pages to Mr. Henry Dyer, Office of the Att. Gen., Min of Legal Affairs, Gov. Headquarters, Roseau, Comm. Gov. Dominica waybill number by UPS W788 861 155 9 and communications continued
14. October 27th, 28th, 29th, and 30th of the year 2003
- Courriers packages sent by UPS (Waybills). The approximate 130 pages of the interim report produced by RAL as consultant for Tradex Ltd creditors/victims/interested parties called INVESTORS.
- The approximate 130 pages of the interim report produced by RAL as consultant for Tradex Ltd creditors/victims/interested parties was sent by RAL to U.S. Federal Prosecutors, RCMP, Financial Intelligence Units of Dominica, etc.
15. October 2003 through April 2004
During the months of October 2003 to April 2004 RAL was in communication by fax, by e-mail and by phone with the Financial Intelligence Unit (FIU) of Dominica. The communications was regarding the approximate 130 pages interim report sent by RAL in October of 2003 to the offices of the Attorney General Mr. Henry Dyer of Dominica to assist and support their work along with the F.B.I in the US Embassy offices of Barbados, RCMP Canada and with many other law enforcement and Prosecutor officials in the U.S.A., Canada and in a variety of countries for preservation of evidence and regarding the Tradex evidence, etc.
16. February 20, 2004
The approximate 130 pages of the interim report produced by RAL as consultant for Tradex Ltd creditors/victims/interested parties called INVESTORS completed in October 2003 was sent to the Attorney General and to the FIU of Dominica.
The Mr. Henry Dyer Attorney General of Dominica along with the FIU of Dominica had filled criminal charges for money laundering on Art Ferdig (AF) and on Tradex itself.
17. February through March 2004
RAL receives letters from Investors of Tradex, with signatures stating they support the consultant work of RAL and copy of this went to Jean Dury, criminal lawyer in the city of Montreal, Quebec, Canada.
|Between FEBRUARY 2004 AND JUNE 2004 who is operating Tradex since Tradex’s bank account is with Banc Caribe.** See Note in number 10 above with the statement “See discovery of June 2004 on this documentation.”.|
18. June – July 2004
RAL receives court documents by bailiff around these months. Mr. Marcus Wide (Mr. Wide) a said Partner in the Canadian Firm of PricewaterhouseCoopers LLP (PWC) is showing to replace Mr. Art Ferdig in the civil procedure against Rita Laframboise. This is the court number 500-17-017310-031 in the Montreal, Quebec Superior Courts. Court Number 500-17-017310-031 is the same court number as in number 11 above.
19. Between June and August 2004 – Key Dates
- With the assistance of a Ms. Mavis Williams of Dominica, Rita Laframboise discovers that Mr. Wide is liquidator of Banc Caribe. The questions is what did Banc Caribe do with the funds of Tradex?
- Evidence obtained by Ms. Williams and sent to Rita Laframboise states that Mr. Wide of PWC and/or with PWC had 1 year and 2 months of Tradex funds on account with BANC CARIBE. The period is from February 6th, 2003 to April 2004, having complete signatory and operational control over the activities of BANC CARIBE.
- It is now discovered by RAL that Mr. Wide is the key witness with regards to the interim report of approximately 130 pages on Tradex.
- RAL discovers that Mr. Judd, a petitioner and victim of Tradex makes use of the RAL interim report of approximately 130 pages to petition Mr. Wide to take over Tradex while Mr. Wide is running Bank Caribe.
- RAL recalls sending on October 29th, 2003 the approximately 130 pages to Mr. Henry Dyer, Office of the Att. Gen., Min of Legal Affairs, Gov. Headquarters, Roseau, Comm. Gov. Dominica waybill number by UPS W788 861 155 9 in the Due Diligence performed for Tradex and its investors by RAL since March 2003
- It is now discovered by RAL that Mr. Henry Dyer appointed Mr. Marcus Wide on February 6th, 2003 by “The Government of Dominica” and “…the Honourable Henry Dyer, Attorney General, Minister of Legal Affairs (Dominica) by letter…” “…appointed Marcus Wide, a partner with PricewaterhouseCoopers,…” and petitioned the and is confirmed by the HIGH COURT OF JUSTICE COMMONWEALTH OF DOMINICA DOM HCV 0111 2003 stamped 15 APR 2003 time 8:40 and
- “…at the expense of Banc Caribe Limited…”
- “…to assume control over the affairs of the said Offshore Bank…”
- “…with like powers of a receiver appointed under the Bankruptcy Act, Chap. 9:90 of the laws of Dominica and receiver respectively.”
- “…That Marcus Wide, a partner of PricewaterhouseCoopers, be appointed Official Liquidators who will be responsible to carry out the orders of the High…”
- With the assistance of a Mavis Williams of Dominica, Rita Laframboise discovers that after the date of October 27th, 2003 when Mr. Pierre Quesnel (PQ) lawyer practicing civil law in Montreal, Quebec, Canada deposes the results of the Due Diligence consulting verification – the interim report of RAL – work that was contracted with AF – INVESTORS of Tradex Ltd on record in the Superior Courts of Montreal, Quebec, Canada, under suite number 500-17-017310-031 that the approximate 130 pages RAL interim report was on used for an affidavit to obtain Mr. Wide to control Tradex while Mr. Wide is still controlling Banc Caribe;
December 19th, 20th, and 23rd of the year 2003 Mr. Robert Louis Judd completes an affidavit on December 19th, 2003 and with his signature witnessed by a notary in California on December 20th, 2003 to become a deponent with the use of his affidavit. Mr. Judd as deponent deposes in the HIGH COURT OF JUSTICE COMMONWEALTH OF DOMINICA with a court stamp of 23 December 2003 time 3:30 p.m. in the matter of Tradex ltd EVIDENCING in number 20 of the deposed affidavit in the HIGH COURT OF DOMINICA that “….commissioned by Ms. Rita Laframboise…..” and “…of Montreal, Quebec, a former consultant to the Company…” (Tradex Ltd.) and “I obtained a copy of it from the records of the Superior court of Quebec (district of Montreal)…” “…(Action no. 500-17-017310-031…). Mr. Judd petitions Mr. Wide to be liquidator of Tradex Ltd.
- With the assistance of a Mavis Williams of Dominica, Rita Laframboise discovers that after the date of February 20, 2004, the date when the FIU of Dominica had filled criminal charges for money laundering on Art Ferdig (AF) and on Tradex itself, a court document titled IN THE HIGH COURT OF JUSTICE COMMONWEALTH OF DOMINICA Suit No. 498 of 2003 BEFORE Madam Justice Wesson Dated the 7th day of April, 2004, “… UPON THE APPLICATION of the Petitioners, Robert Louis Judd….” “…supported by the affidavits filed on the 23rd day of December 2003…”
On April 7th, 2004, Mr. Wide as liquidator of Tradex, depositor at Banc Caribe whereby it states in article 3 of the liquidator appointment to Mr. Wide “The liquidator shall open and maintain a bank account either in his name as Liquidator or in the Company’s name in “Liquidation”, (the “Account”), at the National Bank of Dominica of 64 Hillsborough Street, Roseau, Dominica…Notwithstanding the foregoing, the liquidator shall have the POWER TO OPEN AND MAINTAIN FOREIGN BANK ACCOUNTS …” and especially can also “…or to establish client account(s) at the bank(s) of its solicitors, attorneys-at-law or other legal counsel in FOREIGN JURISDICTIONS and receive and hold all or any portion of the proceeds…” that is of Tradex Ltd.
- With the assistance of a Mavis Williams of Dominica, Rita Laframboise discovers that
- Marcus Wide is confirmed doing both liquidations of BANC CARIBE of Dominica beginning February 6th, 2003 and of the company Tradex Ltd. of Dominica beginning 7 April 2004 and that
- after April 2004, Mr. Marcus Wide of PWC and/or with PWC are performing the liquidations of both BANC CARIBE and Tradex a depositor of BANC CARIBE at the same time.
- Marcus. A. Wide of said PricewaterhouseCoopers (PWC) and PWC is and are the key witnesses of what, where, with who, when and how the funds of over 600 investor-victims that came through Tradex Ltd. of the Commonwealth of Dominica (Dominica) that was processed through a bank called BANC CARIBE OF DOMINICA since February 6th, 2003. Also the key witness of Banc Caribe itself.
Mr. Marcus Wide of PWC and/or with PWC together had signatory control of BANC CARIBE of the Commonwealth of Dominica since February 6th, 2003. Signatory control would allow for
- operational control over the daily banking operational activities,
- over the international correspondent banking activities and
- had the powers of opening new accounts in his and/or their own names
for BANC CARIBE of the Commonwealth of Dominica since February 6th, 2003, the key date of the RAL due diligence approximate 130 pages interim report deposed October 27th 2003 in the Superior Court of Montreal, Quebec, Canada.
- RAL discovers with the assistance of a Ms. Mavis Williams of Dominica documents confirming that
- Mr. Wide is a key witness in this Due Diligence for Tradex and its investors since February 6th, 2003. By apparent information Mr. Wide holds the bank account, bank statements and all records of Tradex (and of other depositors) under his own name because
- Marcus Wide signs an affidavit and deposes it into the HIGH COURT OF JUSTICE COMMONWEALTH OF DOMINICA DOM HCV 111 of 2003 stamped September 22nd, 2003 time 2:35 in the MATTER OF BANC CARIBE LIMITED and affirms “I, MARCUS A. WIDE, of Halifax in the Halifax Regional Municipality, Province of Nova Scotia, Canada, MAKE OATH AND SAY as follows
Article 9. “The Supplemental Order was erroneously made against PricewaterhouseCoopers as the liquidator of Banc Caribe. Under the terms of the Winding-Up Order Marcus A. Wide, not PricewaterhouseCoopers, was appointed Liquidator.” “Further, I have no connection whatsoever to the United States firm PricewaterhouseCoopers LLP nor do I have any connection to the State of Illinois, business or otherwise. I am a partner in the Canadian firm known as PricwaterhouseCoopers LLP. All of my activities as Liquidator of Banc Caribe have been conducted from the Commonwealth of Dominica…”
Mr. Wide also affirms in his affidavit from Halifax, Nova Scotia, Canada that in
Article 13. “During the course of my investigation…” “…a computer search was conducted of Banc Caribe accounts…”
Article 14. “After reviewing the books and records of Banc Caribe…”
Article 24. Mr. Wide confirms the most important statement “…the collection of monies that are the property of and vest in me as Liquidator of Banc Caribe…”
- RAL discovers an EX-PARTE proceeding took place in the Commercial Division under Superior Court (Commercial Division) in Canada, Province of Quebec, District of Montreal under No: 500-11-022976-043 on April 30, 2004 at the request of Wide.
- RAL discovers that Mr. Wide petitioned the Superior Court (Commercial Division) in Canada, Province of Quebec, District of Montreal under No: 500-11-022976-043 in the Presence of Chantal Flammand, Registrar in in the matter of liquidation of Tradex Ltd, Debtor and Marcus A. Wide Liquidator/Petitioner. Ms. Flamand was provided questionable information by Mr. Wide whereby Ms. Flamand is with the stating that she
- “…having examined the proceedings and the proof.”
Key regarding Sections 377
- “Considering that Sections 377 and seq. of the Companies Act of the Commonwealth of Dominica relate to bankruptcy or insolvency…”
- “Considering Sections 267 and seq. of the Bankrupcty and Insolvency Act…” (of Canada) whereby article 267 mentions for insolvencies and not liquidations “267 The purpose of this Part is to provide mechanisms for dealing with cases of cross-border insolvencies…” under section
- RAL discovers that Ms. Flamand appointed Mr. Wide as liquidator. RAL asks the questions
- what law does this come from?
Key regarding Sections 377
- How does recognition become possible as liquidator in Montreal, Quebec, Canada with a Winding Up order from Dominica and when it is issued from the Companies Act of Dominica for Tradex in Dominica and no words of bankruptcy or insolvency is in the article 377 of the Companies Act of Dominica?
- RAL upon further due diligence discovers that
- Nowhere in the wind-up order of Tradex in Dominica does it mention article 377 of the Companies Act of Dominica.
- The article 377 of the Companies Act of Dominica does not ever mention the words bankruptcy or insolvency.
- RAL discovers that Mr. Wide is performing all in his name and all of his roles in his name in Dominica in the Carribean, in Montreal, Quebec, Canada, in Illinois state in the U.S.A. and other places like Singapore as said liquidator of Banc Caribe and of Tradex Ltd., at the same time while his office location was in Halifax, Nova Scotia, Canada with the offices of PricewaterhouseCoopers (PWC) during the entire time.
RAL discovers that Mr. Wide admits to being a director of Director of PwC (WI) Inc., partner in PricewaterhouseCoopers LLP, and a resident of Halifax, Nova Scotia, Canada
20. September 10th, 2004
- RAL continues to be the defendant in case number 500-17-017310-031. This is the case number Mr. Wide now claims to be the bankruptcy trustee for Tradex.
- On September 10th, 2004 Rita Laframboise goes to the public records section of the Montreal, Quebec of Canada courthouse to access public records and evidence ROOM section 1.140 of the Courthouse to view file number 500-17-017310-031, the court clerk informs RAL that “this file was with room 1.150 now. and little if nothing could be found in the court file. This is since October 2003 for the court record.
- When room 1.150 was visited by Ms. Laframboise, the court clerk named Ms. Stephanie Desmarais, clerk number 393-2327 handed over a PLUMITIF (court docket detail list) which shows RAL marking of arrows below the dates 06-05-2004 which means in Canada May 6th, 2004, (this is the date after Mr. Wide’s appointment of said liquidator of Tradex in Canada) on up to the top of the page and stated that the files in the court file records were “…manigance, perdu, mal classer, ou egare” (meaning scheming and/or plotting with, lost, wrongly filed or mislead – led astray) “on September 10th, 2004 at 9:55 A.M.”.
21. September 30th, 2004 at 10:50
- RAL – Rita Laframboise on September 30th, 2004 at 10:50m. met with Me. Chantal Flamand said registrar of Superior Court (Commercial Division) in Canada, Province of Quebec, District of Montreal under No: 500-11-022976-043 in the matter of liquidation of Tradex Ltd, Debtor because she has appointed Mr. Marcus A. Wide Liquidator.
- Flamand met with me that is RAL and another witness present in her chambers on the fifth floor of 1 Notre Dame Street Est. of Montreal, Quebec, Canada During this time Me. Flamand:
Key regarding Sections 377
- Examined evidence that is specifically related to:
- The Bankruptcy law of Dominica chapter 9:90
- The Companies Act of Dominica and specifically section 377 where she noted to us that it was regarding winding up by the court not a section regarding Bankruptcy and Insolvency in fact she noted specifically that these words do not exist in this section labelled 377.
- And evidence showing that Mr. Wide knows that a Bankruptcy law exists in Dominica since Mr. Wide was specifically appointed liquidator of Banc Caribe in April of 2003 by the Attorney General Mr. Dyer of Dominica under the Bankruptcy laws of Dominica.
- Me. Flamand noted that she had been misled into believing that a Bankruptcy law does not exist in Dominica.
- Me. Flamand had in her possession the Bankruptcy and Insolvency Act of Canada and compared it to the Bankruptcy Act of Dominica chapter 9:90 and stated that it is was very similar to ours in Canada
- Me. Flamand took from our hands the copy of the Canadian Business Corporations Act (CBCA) and read specifically section 208 regarding liquidations.
- Me. Flamand took from our hands the Companies Act of Dominica in full and compared the table of contents to the table of contents of the CBCA of Canada.
- Me. Flamand took from our hands the Bankruptcy Act of Dominica in full and compared the table of contents to the table of contents of the Bankruptcy and Insolvency Act of Canada.
- Me. Flamand was shown a document that demonstrated that Mr. Wide is a licensed trustee in the area of Halifax, Canada, thus knowing assuredly the difference between a Bankruptcy/Insolvency and liquidation by experience and in view of the fact that he is a licensed accountant in Canada.
- The Me. Flamand states to me and the witness that “we never met in her offices that day.”!?
Key regarding Sections 377
22. October 2004 to November 21st, 2004
RAL provides court evidence to two attorneys licensed in the Commonwealth of Dominica and assists in the assembling of a court document referred to as a certificate of Juris Consult dated November 21st, 2004 for the Tradex investor/victims. The certificate of Juris Consult signed by the two lawyers of Dominica evidences the truth regarding
- the details of Section 377 of the Companies Act of Dominica as to the Winding Up order of Tradex that Mr. Wide is appointed liquidator under in the courts of Dominica prior to coming to Montreal, Quebec, Canada,
- article 377 that is misrepresented by Mr. Wide in the courts of Montreal, Quebec, Canada regarding bankruptcy or insolvency, and that
- article 377 clearly does not exist in the Companies Act of Dominica regarding Tradex.
RAL discovers that the appointment Mr. Wide sought to have control over Tradex by trying to pass off Sections 267 and seq. of the Bankrupcty and Insolvency Act…” (of Canada). This section makes no mention of the word liquidator.
RAL discovers when someone is seeking the appointment as liquidator in Canada that it is not with the use of the Bankruptcy and Insolvency Act of Canada but instead with the Canada Business Corporations Act of Canada.
RAL discovers that the Trustee license in Bankruptcy of Mr. Wide falls only under the Bankruptcy and Insolvency act of Canada and only allows a Trustee in article 25 as trustee in bankruptcy only to “25 (1) When acting under the authority of this Act, a trustee shall, without delay, deposit in a bank all funds received for an estate in a separate trust account for each estate.”
Key regarding Sections 377
The Certificate of Juris Consult details for the Section 377 states it has to do with a Winding up by the Court. The Certificate of Juris Consult goes on to evidence that
- “This jurisdiction is extended to International Business Companies by Sec 97 of the International Business Companies Act No. 10 of 1996.” This is the same mentioned in the court of Dominica by the registrar when Mr. Wide is appointed liquidator of Tradex.”, page 2, section 1
- That on the Winding up order “…no where does it mention the word bankruptcy…” page 2, section 2
- “In Dominica there exists a separate law relating to bankruptcy, Act 9:90 of the Laws of the Commonwealth of Dominica (Act L. I. II of 1889).” begins on page 2 section 2. Vii. and ends on page 3.
- “Under section 377 of the Act, no where does it mention the word insolvency.” Page 3 under section INSOLVENCY.
- Page 4, section 8 states “Tradex Ltd is being wound up, it is not in a process of bankruptcy. Tradex Ltd may have sufficient funds to pay all its creditors.”
- Page 4, section 10 “In the winding up order of Tradex Ltd, no where is it mentioned that it is secret confidential or under Court seal.”
- Page 4, section 11 states that “…Secondly, the Companies Act of Dominica clearly states and paragraph 18 of the winding up order translated means: SECTION 398 (1) The Liquidator in a winding up by the Court may with the sanction either of the Court or of the committee of inspection…” and in section 11 of Juris Consult,
- The wind up order in suite number 498 of 2003 in the matter of Tradex Ltd. is a winding up by the Court as per section 377 of the Companies act of Dominica.
- The liquidator may only with the sanction either of the Court or of the committee of Inspection:
- bring or defend any action or other legal proceeding in the name and on behalf of the company;
- appoint an attorney-at-law or other agent to assist him in the performance of his duties
- the liquidator in the present liquidation of TRADEX LTD, ordered by the court of Dominica may NOT bring or defend any action or other legal proceeding in the name and on behalf of the company without the Sanction of the Court or without the Sanction of the committee of inspection.
- The liquidator in the present liquidation of TRADEX LTD, ordered by the court of Dominica may not appoint an attorney-at-law without the Sanction of the Court or without the Sanction of the committee of inspection.
- The liquidator in the present liquidation of TRADEX LTD, ordered by the court of Dominica may NOT appoint other agent to assist him in the performance of his duties without the Sanction of the Court or without the Sanction of the committee of inspection.
The Certificate of Juris Consult identifies on page 5 the “Other duties of the liquidator as per the Companies Act of Dominica Section 400 (1) of the Companies Act of Dominica requires that “EVERY LIQUIDATOR OF A COMPANY WHICH IS BEING WOUND UP BY THE COURT SHALL KEEP, IN THE PRESCRIBED manner, proper books in which he shall cause to be made entries or minutes of proceedings at meetings, and of such other matters as may be prescribed, and any creditor or contributory may, subject to the control of the Court, personally or by his agent inspect any such books and make copies or extracts therefrom.”
Mr. Wide is appointed Liquidator for Tradex under the Winding up order from the Courts of Dominica.
23. December 2004 to March 2005
RAL is assisting Tradex investor/victims and especially with Mr. Pierre J. Arcouette and Ms. Ghislaine DuMouchel for their writing of their letters to Mr. Wide and PWC of Halifax, Nova Scotia, Canada to get answers to their questions and confusions.
Mr. Wide writes in a letter dated February 10, 2005 to Mr. Pierre J. Arcouette and Ms. Ghislaine DuMouchel some investor-victims of Tradex that;
- “The appointment as Liquidator of Tradex is a personal one, notwithstanding that I am a Partner in the Canadian Firm of PricewaterhouseCoopers LLP, and
- as an Officer of the Court I am…”
24. April 18, 2005
RAL discovers a letter written by a Ms. Debbie Deem, said Victim Specialist for 600 investor/victims as of April 18, 2005 written on U.S. DEPARTMENT OF JUSTICE, FEDERAL BUREAU OF INVESTIGATION letterhead. The letter is stating herein representations of Mr. Marcus Wide and PWC from Los Angeles, Suite 1700, FOB, 11000 Wilshire Boulevard, Los Angeles, CA 90024, Tel : 310-996-3582, fax 310-996-3564.
RE: Investigation into allegations against Tradex Ltd.
Ms. Deem, on page 1 paragraph 3, quotes “IF THE CASE RESULTS IN A SUCCESSFUL PROSECUTION AND CONVICTION, CONVICTED DEFENDENTS MAY BE OBLIGED TO PAY RESTITUTION THAT WILL BE BASED ON THE INFORMATION PROVIDED BY PRICEWATERHOUSECOOPERS.”
RAL discovers that it is information provided by PWC and not information provided by Mr. Wide himself.
Ms. Debbie Deem letter demonstrates that she is in total support of the methods of Mr. Wide and PWC.
RAL discovers that Ms. Deem is seconding with the F.B.I.’s backing the actions of Mr. Wide the said liquidator for Tradex from Dominica while he is processing from Halifax, Nova Scotia, Canada?
RAL discovers further evidence of Mr. Wide’s methods of dealings in the 3rd paragraph page one of Ms. Deem’s letter she writes “THE FBI IS WORKING CLOSELY WITH PRICEWATERHOUSECOOPERS IN CANADA WHO WAS APPOINTED AS THE LIQUIDATOR BY THE DOMINICAN COURT.”
RAL discovers important questions:
- Since when does the F.B.I. confirm that PWC is the liquidator of Tradex in Canada when the liquidation appointment is to Marcus Wide the person only?
- Since when does Ms. Deem have authority to represent for Canada and through the Canada PWC when writing to the investor/victims of Tradex?
- Where lies the legal jurisdiction right of Ms. Deem to speak from the USA on behalf of PWC Canada?
- How is it that Ms. Deem states that the liquidator serves the same function as a court appointed receiver in the U.S. court systems when the appointment of Marcus Wide under the Companies Act of Dominica is in the Commonwealth of Dominica?
25. May 4TH, 2005
RAL assists Quebec victims of Tradex in the deposing of a file to the Surete of Quebec (Police of Quebec Province) section Service of Enquetes sure la criminalite fiscale meaning sections of Services of Investigation on the fiscal criminality.
From: Luc Raiche badge number 5623 on the date of MAY 4TH, 2005 AND DOSSIER NUMBER 066-050503-001.
Ms. Rita Laframboise as consultant to the investors of Tradex and other victims of Tradex assisted them in their deposing of a complaint regarding the activities of Mr. Wide. The fiscal questions began to arise as to his actions here in Canada with Dominica and the U.S.A.
26. August 2005
The evidence in this section is of IMPORTANCE because for three days in the month of August 2005, Mr. Marcus Wide presented himself in a Criminal Court in the city of Montreal, Quebec, Canada with the law firm Ogilvy Renault represented by a Julie Himo against Rita Laframboise, attempting to convince a Judge that RAL did not provide the interim report with its approximate 130 pages. RAL’s interim report was made public on October 16th, 2003. This is produced as part of RAL’s consulting work with Tradex and its Investors.
Mr. Wide continues to attempt to convince the criminal court Judge that RAL’s approximate 130 interim report for Tradex and its Investors was missing some exhibits and therefore RAL’s fees for consulting are not to be accepted because in general Mr. Wide attempting to state that RAL did not do the work and that RAL is attempting to fraudulently represent otherwise to Tradex and its investors.
RAL on the third day in the criminal court between the hours of 3:00 p.m. and 7:00 p.m., provides to the Judge some of the information on the dates just mentioned above and some of the evidence mentioned in this section. The criminal court judge determines that Mr. Wide has no cause and threw the case out. The Judge states to Mr. Wide and Ms. Julie Himo that RAL is free to go.
27. August 14th, 2006
RAL discovers that Mr. Wide states on his PWC Canada website that he does an Examination of Susan Lok on July 6th and 7th, the Liquidator, through his said local counsel in Los Angeles, California. He states that there was the taking of a deposition from Susan Lok in relation to her knowledge of the affairs of Tradex. Yet to be verified and transparent.
28. October 12th, 2006
RAL discovers that Mr. Wide announces on his PWC Canada website that “In Los Angeles yesterday (October 11, 2006), Tradex’s currency trader, Susan Lok, was sentenced to 120 months in prison and ordered to pay over $27 million in restitution for her part in the Tradex scheme.”
RAL discovers on this date of October 12th, 2006 that the RAL interim report of approximately 130 pages produced in October of 2003 is used by Mr. Wide to come to the same conclusions as reported by RAL in October 2003.
RAL makes the discovery in June and August 2004 that Mr. Wide makes use of the RAL interim report of approximately 130 pages since December 2003 through a Mr. Judd.
RAL discovers that her work was used by Mr. Wide and PWC to go perform the said questioning on Ms. Susan Lok.
RAL interim report of approximately 130 pages produced in October 2003 states that Susan Lok said Trader of Tradex was in question.
29. Now in the year 2017
RAL as consultant of Tradex victims what are the dealings of Banc Caribe that is run by Mr. Wide the Banker.
In closing this is prepared because Ms. Rita Laframboise is still consultant to the investors of Tradex and other victims of Tradex.
Rita Anne Laframboise is the mandatee as consultant for the Tradex investors since April 5th, 2003 and onward.
Tradex and its investor contacted Rita Anne Laframboise in March of 2003 regarding funds said missing from the Tradex account at Banc Caribe.
Mr. Wide is a key witness in this Due Diligence for Tradex and its investors.
By apparent information Mr. Wide holds the bank statements and all records of Tradex (and of other depositors) under his own name.
Mr. Wide confuses the courts, law enforcement, Tradex investor/victims and government officials is stating that
- “The appointment as Liquidator of Tradex is a personal one, notwithstanding that I am a Partner in the Canadian Firm of PricewaterhouseCoopers LLP, and
- as an Officer of the Court I am…”
The Quebec and Canadian investor/victims of Tradex still ask where are the records and the money deposed under the control of Mr. Wide whereby the account of Tradex was with Banc Caribe with United Overseas Bank (Singapore) (“UOB (Singapore)”), as of February 28, 2003?
Tradex had $129,074,490.30 standing to its credit as the “Closing Balance” in its UOP (Singapore) account.” for Bank Caribe.
From the beginning, law enforcement and creditors/investors of Tradex (and depositor of Banc Caribe) require to discover what happened to the apparent loss of US$129,000,000,00 of said 600 investor monies of Tradex Ltd. under the complete control of Mr. Wide from Canada
By the evidence, though the bank itself was headquartered in Dominica, Mr. Wide while using the offices of PWC in Halifax, Nova Scotia, Canada carried out his dealing in his own name through various bank accounts.
The main interest and the heart of the case lies in Canada because
- all of Mr. Wide’s dealings were from the offices of PWC Canada,
- while Mr. Wide is a partner of PWC Canada and
- the majority of the victims are in Canada and the United States.
By the evidence, Mr. Wide while using the offices of PWC in Halifax, Nova Scotia, Canada uses the name PWC to open doors in courts, with government, with law enforcement and then evidences on affidavits and letters to victims he is acting in his own name therefore is not responsible to respond to any inquiries because it is addressed to PWC which is the “wrong” person.
In verifying the court evidence, the due diligence allows for the piercing of the variety of jurisdictional veils used by Mr. Wide to see the picture of how a variety of entities used for confusing law enforcement, courts and government authorities.
Mr. Wide as a partner in PWC Canada uses the addresses, offices and staff support of PWC Canada in Montreal, Toronto and Halifax, Nova Scotia, Canada to work from Canada with PWC in the United States with contacts in Florida, England and other places with emphasis in Los Angeles California to operate an entire network of Banc Caribe entities as an integrated unit in order to perpetrate a massive worldwide confusion and possible investment scheme for said recovery of funds for Tradex.
To ignore these findings in the evidence would elevate form over substance — thereby legitimizing the corporate structure that Mr. Wide utilized to perpetrate his confusion for all to be in his own name regarding Banc Caribe and Tradex.
The protection and the interests of the victim-creditors rights is normally believed to come first. The accessing of information about the bank’s assets for Tradex is with PWC Canada.
The evidence supports law enforcement, regulators, and government authority’s opportunity to choose a middle road to recognize a “foreign nonmain proceeding.”
The court evidence supports the taking of a proper look at Mr. Wide’s businesses in the aggregate to avoid proliferating a corporate fiction that would protect accountants like Mr. Wide who target offshore jurisdictions to run their confusion of jurisdiction and methods with no accounting of how funds are spent and how they make use of funds in their own name with no oversight for the protection and the interests of the victim-creditors rights.
As liquidators, they should be able to only examine relevant witnesses and access information about the bank’s affairs — and should only be allowed to do that only when they first turn over bank records to an entity like a Securities and Exchange Commission and/or equivalent.
A public government authority like a Securities and Exchange Commission and/or equivalent should be able to impose very strict conditions on a liquidator to prevent them from using the recognition process to disrupt and impede the work of law enforcement and of Public Government Authorities.
The court evidence demonstrates the need for transparency and verification because it is lacking in all levels of the process when a liquidator is allowed to take all into their own name and into any jurisdiction of their own choosing.
Where is the accounting and detailed records of how Mr. Wide of PWC and/or with PWC spent the funds of Banc Caribe and Tradex since February 6th, 2003?
TRADEX IMPORTANT NOTICES