The fugitive securities trader, the Canadian Ryan Bateman, who has a long and sordid history of stock price manipulation and securities fraud, does business with a number of "businessmen" whom you would not like to meet in a dark alley, in addition to his membership in the Grand Cayman crew, the Cayman Gang of Four.* These connections have a long reach, and have left a trail of victims in their wake.
These are but a few of the known activities that Ryan Bateman has engaged in:
(1) Trading securities, to manipulate markets, with a known Montreal organized crime syndicate. The trades were conducted through a company controlled by the Canadian mobsters.
(2) Purchasing 78% of the stock of a small software company (EYGY), that trades on the Over-the-Counter market, rebranding it as an energy company, and then manipulating the market to such an extent that the Securities & Exchange Commission abruptly, and swiftly, suspended trading in the company's stock. The original names was Somo, Inc., which was immediately renamed Enterprise Energy, Inc.
Here is what the SEC Release [ No.34-78059] stated:
" The commission temporarily suspended trading in the securities of EYGY, because of
recent unusual and unexplained market activity, and potentially manipulative transactions,
in the company's stock...
The SEC appreciates the assistance of the Financial Industry Regulatory Authority
(FINRA)." [ June 14, 2016]
The company's CEO is Shane Manning, and attorneys connected to the company are reportedly Scott Doney and William Scott Lawler.
(3) Bateman's prominent role in a number of oil & gas investment ventures, some of which involved obtaining offshore drilling rights, none of which appear to have ever become operational, and profitable, including a Cayman Islands-domiciled venture, a Bahamian venture, an Atlentic Ocean venture, and a reported venture involving the Republic of Cuba. Most observers have concluded that all involved acts of fraud, committed by Ryan Bateman, and others.
There are a number of domestic ( US and Canada) investment schemes, which we will cover in a subsequent article, but the above list most certainly qualifies Mr. Bateman as a prolific career criminal.
It makes you wonder why Cayman Islands authorities never charged him with any securities crimes, or even common law fraud, especially the most recent scandal, involving the theft of tens of millions of dollars in investment funds, by the Cayman Gang of Four. Is he a Confidential Informant for a law enforcement agency, and does he have the proverbial "Get-out-of-Jail-Free card," like the American mobster, James 'Whitey' Bulger, Jr. ? We cannot say, but there must be some reason why Bateman has evaded justice thus far.
* The Cayman Gang of Four are Ryan Bateman, Sharon Lexa Lamb, Derek Buntain, and Bateman's straw man, Fernando Moto Mendes. Some commentators add William Tynkaluk as a member of the Gang.