Sharon Lexa Lamb, considered by most observers to be the leader of the group of Cayman Islands fraudsters known locally as the Gang of Four, has gone into hiding, apparently to evade service of the civil suit* brought by one of the victims of the Gang's trading scheme. Athough Ms. Lamb had originally agreed, with plaintiff's counsel, to accept service of process, as soon as suit was filed, she left her residence and office, for parts unknown, and is in hiding.
Lamb's attorneys, Janet Francis, and Reneé Clark, have refused to accept service on her behalf, although they have deferred all inquiries from victims and their lawyers to themselves, thereby effectively shielding Lamb from direct contact. They have repeatedly deflected queries, by stating that their client has no records, nor information, regarding the victims' funds and assets, but now that suit has been filed, they are curiously refusing to cooperate, and to act on her behalf. It is not known whether they had provided legal representation for Ms. Lamb, during the time she, and others, perpetrated the massive trading fraud, or what they role they played, if any, was, in connection with Dundee Merchant Bank, or B & C Capital, Ltd., but the investigation is continuing.
Ms. Lamb disappeared from public view, as soon as suit was filed in Grand Cayman, and courthouse resources have stated that she had an insider in the clerk's office who alerted her to the fact that a writ & summons had been issued in her name. She has not been seen in the Cayman Islands since November 5, 2015, and the process server is unable to locate her.
It was previously thought that she might flee to the Republic of Cuba, where she had previously engaged in an arranged marriage, to José Fernandez Santana, to obtain residency, but she is believed to still be in the Cayman Islands. The law provides for alternate methods of effectuating service of process, which will now reportedly be employed.
|Lamb & Fernandez|
Investigators have concluded that Sharon Lamb, together with her lover, Ryan Bateman, stole the vast majority of the $450m-500m that is missing, and owed to the victims, American & Canadian retirees and pensioners, who believed that their assets were safe, and on deposit in a financial institution. Unfortunately, they had been transferred, through Lamb's office, as Senior Vice President of Dundee Merchant Bank, to B & C Capital Ltd., a Cayman shell company operated by the fugitive, Ryan Bateman and Fernando Mota Mendes, who, together with Dundee Merchant Bank President Derek Buntain, comprise the Cayman Gang of Four.
|Ryan Bateman (fugitive)|
Lamb also has a paramour who works in the offices of the Royal Cayman Islands Police Service, and rumors continue to fly, to the effect that she has been able to stall the filing of criminal charges for that reason. She told witnesses that she is deathly afraid of a prison sentence; the correctional facilities in Grand Cayman, deemed by many to be sub-standard, are apparently the reason.
She should really fear the US criminal justice system, for the victims have been giving evidence to American law enforcement agencies, and her movement of criminal proceeds could result in her indictment, in Federal Court in the United States, for money laundering, which is a 20-year felony. Bateman and the other Gang members, having engaged in covert securities trades in the US, are also definitely subject to money laundering charges there.
We shall update our readers on this case, to include all important developments, as they occur.
* Case No.: 202 of 2015, in the Grand Court of the Cayman Islands. The defendants are Sharon Lexa Lamb and Dundee Merchant Bank.