IL-BREWSTER-LAW-FIRM
1.10.2021 21:40:08 CEST | Business Wire | Press release
Two attorneys, Phil Brewster of Brewster Law Firm, Illinois and Patrick Mincey of Cranfill Sumner, North Carolina, were recently mentioned in a Wall Street Journal article for their representation of a North Carolina whistleblower who exposed an alleged international conspiracy to launder no less than $100 million through major U.S. securities firms, including Morgan Stanley and Interactive Brokers.
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The Wall Street Journal reported the alleged conspiracy involved a network of international actors and firms collaborating to steal $2 billion from PDVSA, the state-owned oil company of Venezuela. As part of the investigation, the Federal Bureau of Investigation, the U.S. Securities and Exchange Commission and other federal agencies are trying to determine why U.S. firms managed more than $100 million in securities for a suspicious Venezuelan businessman when the accounts displayed what authorities have listed as red flags for potential money-laundering activities.
U.S. authorities launched the investigation after attorneys Brewster and Mincey filed their client’s whistleblower complaint with the SEC in 2019. “It is one of the greatest privileges of our careers to represent whistleblower Mark Coffey,” Brewster and Mincey said in a joint statement. “Our client has made extraordinary sacrifices in his endeavor to shed light on the money laundering crisis in the U.S. securities industry, and there is no doubt he should be—and will be—hailed for his unshakeable courage.”
Attorney Phil Brewster is the founding partner of Brewster Law Firm LLC in Winnetka, Illinois, a firm dedicated to whistleblower matters and government investigations.
Attorney Patrick Mincey is Chair of the White Collar, Government Investigations & Special Matters Group at Cranfill Sumner LLP in North Carolina.
ABOUT BREWSTER LAW FIRM LLC
Brewster Law Firm LLC is dedicated to whistleblower matters and government investigations. For more information, visit www.brewsteradvisory.com .
ABOUT CRANFILL SUMNER LLP
Cranfill Sumner LLP serves clients in 28 practice areas. For more information, visit www.cshlaw.com .
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