The Court in Moanco has handed down sentences in the Hobbs-Melville fraud trial. William Fogwell and his daughter Shelley, along with three employees of the Hobbs-Melville brokerage firm were accused of de-frauding some 500 clients of up to euros 140 millions from 1993 to 2000. (more…)
Three candidates were sensed to join the European Court of Human Rights, two men and one woman. And the Parliamentary Assembly of the European Court appointed Mrs. Isabelle Berro-Lefevre to seat at the European Court of Human Rights in Strasbourg. In Monaco she had the function of First Judge at the Magistrates’ Court. Soon, she will be expatriated to France, more precisely on September 11, 2006, the (more…)
The name Hobbs-Melville represents one of the most famous criminal cases in the Principality. To summarize the facts briefly, William Fogwell, the mastermind behind Hobbs-Melville, misappropriated about € 175 millions from approximately 450 investors from all over the world. This is the biggest criminal activity ever brought before the Tribunal Correctionnel of Monaco. The Tribunal heard hours of (more…)
A private shareholder in Langbar International, the alleged sham £365m shell company under investigation by the Serious Fraud Office, has been jailed in Monaco after a street confrontation with the company’s founder and former executive chairman Mariusz Rybak. Daniel Leahy, a former accountant with Coca Cola, is said to have invested heavily in Langbar share derivatives along with his brother (more…)
The Parliamentary Assembly of the European Council has just elected Isabelle Berro-Lefevre, Monegasque judge, to the European Court of Human Rights. Two other candidates were put forward to be appointed to sit at this court of the European Council: Jean-François Renucci and Jean-François Landwerlin, both of French nationality. On 11th September 2006, Isabelle Berro-Lefevre will be sworn into office (more…)
Next autumn, the Government is to submit a bill to the National Council regarding accession to property by Monegasque citizens. On Monday, 29th May, the honourable Jean-Paul Proust, Minister of State for the Principality of Monaco, presented the press with the outlines of the proposed plan. Housing more than 32,000 people over a total surface area of 202 hectares is no mean feat for anyone, yet this was the (more…)
The Monegasques contractors want to preserve a liberal labor market by making confidence at the takers of risks and by bewaring of French social model especially. A questionnaire was addressed to 200 companies. 199 answers coming from companies representing more than 9000 paid, express their concern. Under these conditions, and knowing that 75% of the charges of these companies are consisted by (more…)
According to the police chief, Claude de Trianon, head of the division of urban police Monegasque force, with impunity supposed by much, of cars registered in Monaco on the French territory, the borders are not an obstacle. Indeed, no offence of circulation can in theory remain unpunished. In the event of excess speed of Monegasques drivers in France, two possibilities. The Monegasques are challenged immediately (more…)
It is unanimously that the alteration of the Law on the communal Organization of 1974 was voted on June 19, to the national Council. From now on and since 2007, the team of the mayor will have to manage annual endowment indexed on the national expenditure. Thus, they could profit from a greater liberty of action. Last on June 6, the examination of the project had in particular come up against the (more…)
Indeed, the Monegasque delegation of the national Council came to the French National Assembly to propose tracks of reflexion. Two axes take shape:firstly, it could be enough to ten or twenty years of stable situation to the privileged French children in Monaco, to be given a less constraining taxation, secondly, the possibility of a tax relief to come in compensation from a too high rent