On June 27, 2014, Caroline Winsor, also known as Caroline Meyers and Caroline Danforth has been apprehended and is in the custody of U.S. authorities. Winsor is charged in an indictment with conspiracy, wire fraud, and securities fraud. In April of 2013, more than a year before her arrest, Winsor was the subject of a detailed forensic report by www.promotionstocksecrets.com that contained allegations mirroring the governments charges against Winsor.
On July 2, 2014, the U.S. government filed its motion for pre-trial detention of Winsor. According to the government’s motion, Winsor previously avoided and/or fled from prosecution on other securities fraud schemes. She avoided facing charges brought in the Northern District of Illinois for more than a decade by avoiding travel to the United States. More recently, she fled Canada, leaving behind her business office, and has failed to return for more than a year after the Alberta Securities Commission filed charges against her for yet another securities fraud scheme.
Winsor was only apprehended when she was arrested in Spain with international cooperation.
According to the government’ motion Winsor is a flight risk because:
♦ Winsor is a citizen of Canada and the United Kingdom who has the ability to freely travel to more than 28 countries.and has numerous foreign bank accounts and brokerage accounts, as well as property in foreign countries.
♦ She has no ties to the United States (other than her participation in penny stock schemes). She does, however, have family, friends, and close business contacts in Canada, Belize, Europe, China, and Mexico.
♦ Winsor has addresses in Canada, England, Mexico, and Belize and has stated that she lives in London.
♦ Winsor told a co-conspirator that she had a house in Belize.
♦ Although Winsor reported to the Court that she earns about $60,000 a year, she controls the bank and brokerage accounts of numerous foreign companies, and has multiple foreign bank and brokerage accounts. Several of these accounts are in Switzerland.
♦ Winsor routinely conducts large securities transactions and financial records show that from March through April 2013, entities that Winsor controlled sold over 1.5 million shares of a company called Octagon 88 Resources, Inc. for over $11 million. The proceeds of these sales were then credited to a Swiss bank, Rahn & Bodmer Co.
Winsor has entered a plea of not guilty to the charges. She will remain in custody until trial or a plea agreement is reached.
For further information about this securities law blog post, please contact Brenda Hamilton, Securities Exchange Act lawyer at 101 Plaza Real S, Suite 202 N, Boca Raton Florida, (561) 416-8956, by email at firstname.lastname@example.org or visit www.securitieslawyer101.com. This securities law blog post is provided as a general informational service to clients and friends of Hamilton & Associates Law Group and should not be construed as, and does not constitute, legal and compliance advice on any specific matter, nor does this message create an attorney-client relationship. For more information about going public and the rules and regulations affecting the use of Rule 144, Form 8K, crowdfunding, FINRA Rule 6490, Rule 506 private placement offerings and memorandums, Regulation A, Rule 504 offerings, SEC reporting requirements, SEC registration statements on Form S-1 , IPO’s, OTC Pink Sheet listings, Form 10 OTCBB and OTC Markets disclosure requirements, DTC Chills, Global Locks, reverse mergers, public shells, direct public offerings and direct public offerings please contact Hamilton and Associates at (561) 416-8956 or email@example.com. Please note that the prior results discussed herein do not guarantee similar outcomes.