When Prime Minister Keith Mitchell visited Switzerland in June 2000 to meet with so-called Grenadian diplomat, Eric Resteiner, the international fraudster was said to have worth in excess of 50 million dollars.
The information about Resteiner's assets are contained in legal papers field in a court in Boston in the United States where the con-man is awaiting sentence on multiple fraud charges.
Resteiner is considered a key figure in the bribery allegations levelled against the Grenadian leader.
Dr. Mitchell has continued to deny allegations that he accepted a bribe of US$500, 000.00 from Resteiner in exchange for a diplomatic posting.
GRENADA TODAY has been highlighting some of the legal documents obtained from the U.S court on the fraud charges brought against Resteiner.
Following is the third and final part of the indictment against the fraudster who has conned several persons of their monies:
Charles G. Howland
It was further part of the scheme
It was further part of the scheme and artifice to defraud, as designed and direct by defendant RESTEINER, that Charles G. Howland received a private placement memorandum and other documents, by mail and by facsimile, regarding an investment in Resource F, the investment vehicle offered by defendant RESTEINER and managed by VonStrasdas and Dyer.
On or about May 3, 1999, Howland invested in th
It was further part of the scheme and artifice to defraud, as designed and direct by defendant RESTEINER, that Charles G. Howland received a private placement memorandum and other documents, by mail and by facsimile, regarding an investment in Resource F, the investment vehicle offered by defendant RESTEINER and managed by VonStrasdas and Dyer.
On or about May 3, 1999, Howland invested in the Resource F program by wire transferring $200,000 to Resource F.
From in or around June 1999 through May 2000, Howland received monthly payments on his investment with Resource F and defendant RESTEINER. These payments came from principal funds invested by Charles Howland and others.
Stephen J. Schaubert
It was further part of the scheme and artifice to defraud, as designed and directed by defendant RESTEINER, that Stephen J. Schaubert learned about a potential investment in Resource F from Harbur, who referred Schaubert to VonStrasdas.
Schaubert received a private placement memorandum and other documents, by mail and by facsimile, regarding an investment in Resource F, the investment vehicle offered by defendant RESTEINER and managed by VonStrasdas and Dyer.
On or about May 1, 1999, Schaubert invested in the Resource F program by mailing two cheques totaling $200,000 to VonStrasdas.
From in or around June 1999 through May 2000, Schaubert received ten wire transfers as payments on his investment with Resource F and Defendant RESTEINER.
Chet Manchester
It was further part of the scheme and artifice to defraud, as designed and directed by defendant RESTEINER, that Chet Manchester learned about a potential investment in Resource F from Harbur, who referred Manchester to VonStrasdas.
In May and June 1999, Manchester received a private placement memorandum and other documents, by Federal Express and mail, regarding an investment in Resource F, the investment vehicle offered by defendant RESTEINER and managed by VonStrasdas and Dyer.
On or about June 10, 1999, Manchester invested in the Resource F program offered by defendant RESTEINER by delivering a cheque in the amount of $80,000 to VonStrasdas.
From in or around July 1999 through May 2000, Manchester received monthly payments on his investment with Resource F and defendant RESTEINER. These payments came from principal funds invested by Chet Manchester and others.
Norman G. Bleichman
It was further part of the scheme and artifice to defraud, as designed and directed by defendant RESTEINER, that Norman G. Bleichman learned about a potential investment in Resource F from Harbur, who referred Bleichman to VonStrasdas.
In May 1999, Bleichman telephoned VonStrasdas and subsequently received a private placement memorandum and other documents, by facsimile, regarding an investment in Resource, the investment vehicle offered by defendant RESTEINER and managed by VonStrasdas and Dyer.
On or about August 2, 1999, Bleichman invested in the Resource F program offered by defendant RESTEINER by mailing, by Federal Express, two cheques totaling $200,000 to VonStrasdas in Palm Beach, Florida.
From in or around September 1999 through May 2000, Bleichman received monthly payments on his investment with Resource F and defendant RESTEINER. These payments came from principal funds invested by Norman Bleichman and others.
Donald Chamberlin
It was further part of the scheme and artifice to defraud that defendant RESTEINER attracted new investors with the assistance of Donald Chamberlin, an investment advisor who referred his clients to defendant RESTEINER's trading program.
It was further a part of the scheme and artifice to defraud that defendant RESTEINER represented to Chamberlin that defendant RESTEINER had a safe investment program, that Chamberlin's client could get a significant return by investing with defendant RESTEINER, and that defendant RESTEINER had a net worth of over $50,000,000.
It was further part of the scheme and artifice to defraud that defendant RESTEINER directed Chamberlin to establish corporations in the Bahamas and bank accounts at Barclays bank, PLC, Nassau, Bahamas, in order to facilitate investments by Chamberlin's clients.
As directed by defendant RESTEINER, Chamberlin established companies and accounts in the names of European Growth Fund, International Ltd., and Badefisa, S.A., in the Bahamas.
It was further part of the scheme and artifice to defraud that on various dates between June 1997 and July 1999, defendant RESTEINER, assisted by Chamberlin, successfully solicited money from numerous victims who transferred at least $1,200,000 to European Growth Fund, a bank account at Barclays Bank, Nassau, Bahamas.
Funds transferred to this account were subsequently transferred to the Osaka account controlled by defendant RESTEINER.
It was further part of the scheme and artifice to defraud that on various dates between September 1998 and June 1999, defendant RESTEINER transferred funds purporting to be a return on the investments made by the European Growth Fund investors from the Osaka and SAM accounts to the European Growth Fund account at Barclays Bank.
