Previous Thread
Next Thread
Print Thread
Page 2 of 3 1 2 3
Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #509425
11/25/15 06:14 AM
11/25/15 06:14 AM
Joined: Oct 1999
Posts: 72,956
oregon, spr
Marty Offline OP

Marty  Offline OP

Nanes Shnitzer Skipped: An Avalanche of Outrage Ensues, Mex. & USA Angry

17 days after being apprehended in connection with one of the largest Ponzi schemes in history, 47-year-old David Miguel Nanes Schnitzer has not only received bail but is also nowhere to be found. Nanes Schnitzer, who was the president of Stanford Group Mexico overseeing operations in Mexico, Panama and other parts of Latin America, and believed to have defrauded over a thousand Mexican investors, had been in custody of the Belize Police Department up to Friday, November 20th. But Supreme Court Judge Denis Hanomansingh granted him bail of $10,000 during his last court hearing, even after Chief Magistrate Anne Marie Smith had denied him bail twice, as he presents a high flight risk. Now, Nanes Schnitzer is nowhere to be found, and police believe he has fled the country.

Being out on bail for forgery required Nanes Schnitzer to surrender all his travelling documents and report to the San Pedro Police Statin twice a week, which he has not done as yet. The leading argument for granting him bail was that he is has businesses in Belize that tie him to the country. Some of his businesses include several properties on Ambergris Caye, a condo development in Hopkins Village and various active bank accounts.

Since then, authorities have not issued any confirmation as to the whereabouts of Nanes Schnitzer, and according to San Pedro Police, they do not believe he is back on the island. Many speculated that he has left the country, violating his bail agreement and is once again on INTERPOL’s wanted list. But whether Nanes Schnitzer left the country or remains here, he is in violation of court orders. If he has fled the country it was illegally done, and is probably under a new identity, as his passport had been revoked as of Wednesday, November 18th. The Ministry of Immigration gazetted “”David M Banes, known as David Miguel Nanes Schnitzer… who was registered as a citizen of Belize as evidenced by certificate of registration dated 17th November, 2012, was so registered by means of fraud, false representation and the concealment of material circumstance and by mistake. I do declare that the above mentioned David M. Banes shall hereby cease to be a citizen of Belize.”

This incident has even caused severe criticism of the Belize Government, and Citizens Organized for Liberty through Action (COLA) has condemned the manner Nanes Schnitzer’s case was handled. COLA questions how the country’s justice system could grant bail to someone accused of such serious crimes not only within Belize but on an international level. “How does Belize’s justice system reconcile granting bail to a man accused of grave crimes, who is no longer a Belizean and never truly was, while two young mothers are sent to jail over the weekend for a relatively minor offence? We are left to ask this following the events involving David Miguel Nanes Schnitzer, a man of many names and even more money, who has apparently managed to comprehensively intrude into Belize, buying everyone in his path, in an attempt to distance himself from one of the largest fraud schemes in history… One crime is not better than another.

Click here to read the rest of the article in the San Pedro Sun

Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #509463
11/26/15 04:02 PM
11/26/15 04:02 PM
Joined: Sep 2015
Posts: 34
Che Offline
Che  Offline
[Linked Image]

Justice Denis Hanomansingh

the news later

Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #509479
11/27/15 12:14 PM
11/27/15 12:14 PM
Joined: Jun 2012
Posts: 391
Nobody You Know Offline
Nobody You Know  Offline
Smarten up Belize. You can't live on Taiwanese largess alone. You can hardly afford to annoy 2 allies such as Mexico and the US over a relatively small amount of bribe money from a well known wanted criminal.Particularly one wanted for major crimes in both...

Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #509489
11/27/15 08:36 PM
11/27/15 08:36 PM
Joined: Feb 2015
Posts: 371
Shyboy Offline
Shyboy  Offline
A judicial DISGRACE and an embarrassment to the entire country......

Last edited by Shyboy; 11/29/15 08:04 AM.

A little known fact... Women who are overweight tend to live longer than men who mention it...
Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #509565
12/01/15 12:24 AM
12/01/15 12:24 AM
Joined: Nov 2000
Posts: 8,880
seashell Offline
seashell  Offline
Barrow says: " I have my own views about that determination of the court, but you know in this country, we respect judges.”

LOL, not to mention following the laws . . .

And this whole situation, what an incredible farce.

A fish and a bird can fall in love, but where will they build their nest?

Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #509690
12/05/15 07:38 AM
12/05/15 07:38 AM
Joined: Jun 2012
Posts: 391
Nobody You Know Offline
Nobody You Know  Offline
Such flowery articulate prose solely to say,"we are all corrupt criminals without the slightest regard for our citizens."

Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #509692
12/05/15 08:46 AM
12/05/15 08:46 AM
Joined: Oct 2001
Posts: 6,211
San Pedro AC Belize
Diane Campbell Offline
Diane Campbell  Offline
Well its going to get interesting shortly with certain knock-on effect issues. There are about 3,000 Cubans seeking to do wet-foot/dry-foot asylum in the US, and they are making their way up to the states now through Central America. They want to travel through Belize and then into Mexico en route to the US. The PM said he could only allow transit through Belize if Mexico guarantees they can enter Mexico. What do you think the chances are of that, I ask?

Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #510272
12/31/15 05:54 AM
12/31/15 05:54 AM
Joined: Oct 1999
Posts: 72,956
oregon, spr
Marty Offline OP

Marty  Offline OP
David Nanes Schnitzer’s bail is revoked

The bail for international fugitive David Nanes Schnitzer tonight stands revoked, over a month after he was granted bail.

Justice Herbert Lord this afternoon upheld an application to that effect made by the Office of the Director of Public Prosecution.

The Crown, led by prosecutor Kileru Awich presented an affidavit by PC Victor Salam stating that Banes did not comply with the conditions of his bail to appear for his adjournment date on November 23rd.

Justice Lord ruled that bail is revoked and forfeited to the state from the principal and the surety in the sum of 10 thousand dollars each with effect from today.

Click here to read the rest of the article on the Breaking Belize News website

Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: Marty] #510274
12/31/15 06:12 AM
12/31/15 06:12 AM
Joined: Mar 2001
Posts: 2,715
Illinois, Arkansas,South Dakot...
bywarren Offline
bywarren  Offline
I am sure when he hears that he will come back to get it. crazy

Re: Stanford Ponzi scheme fugitive captured in San Pedro [Re: bywarren] #510434
01/06/16 01:51 PM
01/06/16 01:51 PM
Joined: Nov 2015
Posts: 5
littlestarfish Offline
littlestarfish  Offline

Last edited by littlestarfish; 01/06/16 03:05 PM.
Page 2 of 3 1 2 3

Portofino Resort- Now with a new BEACH BAR!!
Click for excellent scuba lessons with Elbert Greer!
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
Maruba Beach Klub and Spa is the premiere Secret Beach spa and restaurant located on the crystal blue waters of the Caribbean Sea at the center of Secret Beach, Belize
First Class Accommodations for the Budget Traveler
First Class Accommodations for the Budget Traveler

Things to do

Daily News
Daily Weather

Classified Ads
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Love FM
The Reporter
TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites

Event Guides
Event Calendar
Specials & Events
Things to Do
iTravel Belize
Paradise Theater
San Pedro Fun Finder
Paradise Guy Event Calendar
Cayo Event Calendar

San Pedro Scoop!
Tia Chocolate
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Belize Happy Adventures
Conch Creative
Caribbean Culture & Lifestyle
More Blogs...
Search thousands of Belizean-only websites
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
We manage a variety of homes, apartments, condos and commercial properties here on Ambergris Caye. Our minimum lease on ALL properties is six months.
Click for Ian Anderson's Caves Branch, Welcome to a World of Adventure
Lil Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30
Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
ShoutChat Box
Who's Online Now
1 registered members (bobcat bill), 102 guests, and 0 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Most Online4,377
Dec 15th, 2020 HELP! Visitor Center Goods & Services San Pedro Town Message Board Lodging Diving Fishing Things to Do History Maps Phonebook Belize Business Directory Picture of the Day

The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members
and not of the Ambergris Caye Message Board its affiliates, or its employees.

Powered by UBB.threads™ PHP Forum Software 7.7.1