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.
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