The British "businessman" residing in Canada, Timothy Durkin, accused of leading a $4.9m Ponzi scheme, involving a bogus arbitrage computer program, has been contesting his extradition from British Columbia. His association, in Panama, with Ryan Bateman, the Cayman Gang of Four fraudster, which has been the subject of a recent article on this blog, has been brought to our attention due to the possibility that Durkin may have assisted Bateman transfer funds stolen from Canadian retirees in Grand Cayman. Both individuals appear jointly in a number companies, all known as B & C Capital, and formed in several jurisdictions.
|Cayman Gang of Four -1: Sharon Lexa Lamb, Ryan Bateman, Derek Buntain|
For readers who require more details about Durkin's criminal activities, please see below the INTERPOL Red Notice filed by the United States against this fugitive from justice.