New York City
Sunday, November 20, 2011
When a financial ‘wheeler and dealer’ Michael Francis Sheehan has the temerity to give himself a nickname ‘Goldfinger’ surely out come the red flags questioning as to the credibility of this ‘Vulture Fund’ operator.
Michael Francis Sheehan is the CEO of Debt Advisory International who appear to be active in shafting third world countries like DRC - Democratic Republic of the Congo by – quote – BBC.Co.Uk - Vulture funds, also known as "distressed debt" investors, buy up the debt of poor nations cheaply when it is about to be written off and then sue for the full value of the debt plus interest. – more - They pursue any companies which do business with their target country in courts around the world and try to force them to pay money to the fund instead of the country. – more - Critics say this holds poor countries to ransom and prevents them trading their way out of poverty rather than relying on aid.
Michael Francis Sheehan has used another company FG Hemisphere to buy a DRC debt for $100m from Congo for which he had paid $3m.
Vulture Funds have been made illegal in the UK – United Kingdom, but FG Hemisphere found a legal loophole in Jersey in the Channel Islands and suing DRC for $100m in the Jersey Courts.
Michael F. Sheehan brief background profile – quote - Law degree from Washington College of Law, the American University and a B.A. (hons) in History from Brown University. Mr. Sheehan is fluent in French and conversant in Polish and German.
Michael Francis Sheehan aka ‘Goldfinger’…
Address and Contact Data
Debt Advisory International
DAI and its subsidiary Somerset Trade Finance, LLC presently have regional offices in Washington, DC, Moscow, Russia and Johannesburg, South Africa with satellite offices in Sofia, Bulgaria and Dar es Salaam, Tanzania. – Attribution to DebtAdvisory.Com
CJD Roving Eye Story
Sounds and looks like business mafia!