Bateman made millions of dollars of unauthorized trades, in the United States, with money stolen from North American investors who thought their money was safe in Butterfield's Bank, in Grand Cayman. He is a member of the Cayman gang of Four, who other crew are Sharon Lexa Lamb, Fernando Moto Mendes, and Derek Buntain, all of whom were connected to B & C Capital, Ltd., Bateman's"exempt" shell company that illegally moved the victims' investment capital.
He had been keeping a low profile in Fort Lauderdale, Florida, trying to maintain his interests in oil exploration contracts he claimed to won in the Bahamas, but Opposition leaders in Nassau exposed his checkered past, and arrest warrant, which he disputed, though he remained in Florida, and did not personally appear in the Bahamian capital, to assert his disputed claim.
|Sharon Lexa Lamb|
It is also noteworthy to remember that the Panamanian attorney, Ismael Gerli, who is suspected of multiple links to the Gang of Four, and may have worked with a B & C Capital staff member, to move some of the stolen money, works and resides in Panama. Gerli has not been seen in Panama City of late; he is a defendant in at least four civil suits, and two criminal cases filed against him, by Russian businessman, Vladimir Kokorev, and his Panama attorneys.
|Bateman, lamb and Derek Buntain|