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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. -- Ignore unavailable to you. Want to Upgrade?


To: Lalit Jain who wrote (28273)5/25/2005 11:15:07 AM
From: Lalit Jain  Read Replies (1) | Respond to of 28369
 
STILL ALIVE !! Michael de Guzman, the geologist who many believe masterminded the $6-billion Bre-X Minerals gold fraud, may be alive and well in South America.

The National Post reports in its Wednesday, May 25, edition that Michael de Guzman, the geologist who many believe masterminded the $6-billion Bre-X Minerals gold fraud, may be alive and well in South America. The Post's Brian Hutchinson writes that Mr. de Guzman was supposed to have killed himself eight years ago after the scam unravelled. Now comes word he is cutting large bank drafts from some place in Brazil. According to a report in Tuesday's Singapore Straits Times, one of Mr. de Guzman's Indonesian wives said she received a $25,000 money order from the "dead" geologist. The money arrived three months ago from a Brazilian branch of Citibank, said the Straits Times. Genie de Guzman said: "There has never been any closure. I never believed he was dead." Few people ever really did -- or that he committed suicide. The Post says the "absurd" story he ended his own life, was served up by Bre-X in its dying days. Mr. Hutchinson wonders why someone involved in a successful swindle would suddenly kill himself, when he could simply have vanished instead. Dental records from a mangled body purported to be Mr. de Guzman's were never forwarded to coroners. The body was cremated.