WAS CANADIAN FINANCIAL ADVISER THE MASTERMIND BEHIND THE CAYMAN GANG OF FOUR ?

FROM THE - CHRONICLES Of Andrei Slavenkov Netherlands –  Analyst For Wanted SA ~ Contributed & Written By Kenneth Rijock ~

William Tynkaluk

The question of who actually organized and directed the estimated $450m theft, of assets belonging to Canadian pensioners, which has become known by the nickname of the financial professionals involved, the Cayman Gang of Four, has been a matter of dispute for six months. While some analysts believe that it was the Gang ringleader, Sharon Lexa Lamb, both the preplanning, and the scope, of the massive theft points to another, more experienced financial professional, the Canadian analyst, William (Bill) Tynkaluk.

holdings.

It is further alleged, by the victims, that Tinkaluk, together with other financial advisers, created a bogus tale, designed to instill fear among Canadian pensioners, to the effect that Canada would soon impose Draconian taxes upon the holdings of its retirees, when held in the country. The result was a mad dash to obtain advice, from Tinkaluk, as to where was a safe, and prudent, location for their wealth. He then suggested Dundee Merchant Bank, which maintained accounts at the Bank of Butterfield's Grand Cayman subsidiary.

Some of the  pensioners' money went to Grand Cayman, to be held by Dundee Bank. Other amounts disappeared in Canada, before ever arriving in the Cayman Islands; some of these sums have been tracked and traced. Bill Tynkaluk's role, in the illegal diversion of these funds, has been established, by documentary evidence.

If you are a regular reader of this blog, you know the rest of the story well; the Cayman Gang of Four reportedly stole the victims' money from Dundee Bank, where it was supposed to be in special accounts bearing the names of the investors, which did not occur. One of the victims has, thus far, filed a civil action against Gang of Four members. One individual allegedly has already received immunity, in exchange for cooperation, and assistance in the prosecution of the guilty parties. Information on the current status of the relevant Cayman and Canadian matters is, unfortunately, restricted, but we can disclose that additional proceedings are in process.

Two of the Cayman Gang of Four, Sharon Lexa Lamb and Fernando Motto Mendes, have waged a dirty, no-holds-barred, Internet and email smear campaign, against the victims and two of the whistleblowers, seeking to completely discredit them, ahead of any civil criminals  or trials which may take place in the future, and also addressing the poison pen mail to banks, government and law enforcement offices, and any other possible party that might believe their lies.

Peter John Kursell

Tynkaluk has been a willing participant in violating Canadian banking laws, in this regard. He prevailed upon his son-in-law,  Peter John Kursell, a financial adviser affiliated with a Canadian bank, to give him details of a victim's brand-new bank accounts, which Lamb immediately posted in her smear emails to multiple addressees. Lamb and Tynkaluk are believed to be in close contact, discussing strategy and tactics, in Lamb's disinformation and "shoot the messenger" program, which is intended to delay any possible criminal action against her, and the other three Gang of Four members, Mendes, Derek Buntain, and Ryan Bateman. 

In a separate matter, that victim had $10m, in bearer securities, stolen from him, by Bill Tinkaluk, when he was advising the victim, regarding his investments. The email smear program, to discredit the victims, is  designed to damage the character of the victims, so that their credibility at any future trial will be suspect, including their claims that Tinkaluk stole their stock.

Will Bill Tinkaluk end up with a felony conviction in Canada  ? We cannot say, but there are a number of investigations in progress, and we shall report on all future developments in this case, as they occur.