An alleged Guatemalan drug lord and Peter Madoff are the subjects of the May 26th “Asset Search News Roundup”:
“Suing Peter Madoff For Bernard Madoff’s Securities Fraud” described plaintiffs’ summary judgment motion pending against Peter Madoff in The Lautenberg Foundation v. Madoff, 09-Civ-00816. Pages 8-10 of a May 20th reply memorandum shows that the Madoff plaintiffs are relying heavily on their claim that Peter Madoff was liable as a “control person“.
U.S. Treasury’s Office of Foreign Assets Control recently added Waldemar Lorenzana Lima to its list of Specially Designated Narcotics Traffickers under the Foreign Narcotics Kingpin Designation Act. A press release characterizes Mr. Lorenzana as a Guatemalan drug lord with ties to Mexico’s Sinaloa narco-traffickers. The instant Treasury designation freezes any of Mr. Lorenzana’s assets subject to U.S. jurisdiction. The image which follows, depicts Mr. Lorenzana’s alleged trafficking organization.
(Click On Image To Enlarge)
Image: U.S. Treasury’s Office of Foreign Assets Control
Copyright Fred L. Abrams 2010