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Suspect in Bitfinex Case Held Accounts at a Dozen of the World’s Top Banks

source-logo  decrypt.co 30 August 2020 23:00, UTC

In a new court filing today, US prosecutors submitted a list of bank accounts subject to forfeitures in a case against Reginald Fowler, the ex-Minnesota Viking minority owner charged with operating a shadow banking operation. 

Fowler is linked to the missing $850 million that crypto exchange Bitfinex has been accused of hiding. According to feds, he has access to $350 million stashed in bank accounts all over the world. 

The filing is part of a superseding indictment filed against Fowler in February, which added a new charge of wire fraud and claimed that he obtained money through “false and fraudulent pretenses” to fund a professional sports league. 

The indictment did not say what league, but Fowler invested $25 million in the failed Alliance of American Football right before its inaugural season and shortly before his arrest on April 30, 2019.

The Bill of Particulars lists 56 bank accounts at some of the world's top financial institutions, including: 

  • Bank of America
  • Bank of the Philippine Islands
  • Canadian Imperial Bank of Commerce
  • Caixa Bank
  • Citibank
  • Deutsche Bank
  • Enterprise Bank
  • HSBC
  • JP Morgan Chase 
  • Santander UK 
  • Suntrust Bank
  • Wells Fargo

Several of the bank accounts are in Fowler’s own name while others are held under company names, including: 

  • CIA Technology Global Ltd. 
  • Eligibility Criterion
  • Eurocontrol
  • Global Management Group Ltd. 
  • Global Management Solutions Limit’ (this may be a typo)
  • Global Trading Solutions LLC
  • Global Trade Solutions GMBH
  • Global Trade AG
  • GTS Canada Corporation
  • MOGW
  • NLE Consulting dba Global Trade Solutions LLC
  • Spiral Development Corporation
  • Spiral Global Development
  • Spiral Sports II

[This story will be updated.]

decrypt.co