By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN
SDNY COURTHOUSE, June 6 – The U.S. Securities and Exchange Commission has filed cases against many of those involved in the trade finance frauds of the International Investment Group (IIG). Now consultant Charles Samel is the defendant.
On June 4, U.S. District Court for the Southern District of New York Judge Denise L. Cote held a proceeding. Inner City Press covered it. Samel had filed a motion to dismiss, and had it denied.
On June 4 it was said the case is near settlement. Judge Cote ruled that a status letter is due June 18 and "if the parties have not reached a settlement by that date, a conference will be held to set a schedule for further proceedings."
The case is Securities and Exchange Commission v. Samel, 20-cv-10769 (Cote)
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