Chilean Asks 2nd Circ. To Rethink Revival Of $64M RICO Suit

Law360, Washington (November 14, 2017, 9:11 PM EST) -- A Chilean national urged a Second Circuit panel Monday to revisit its decision to revive a civil racketeering case in which he is accused of stealing $64 million from his cousin’s inheritance, saying the court incorrectly found that part of the alleged theft occurred in New York rather than Panama.

Daniel Yarur Elsaca said $40 million in bearer shares he took from a safety deposit box in a New York bank are not alleged to have been stolen until after they were moved to Panama. The...
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Case Information

Case Title

Bascunan v. Elsaca


Case Number

16-3626

Court

Appellate - 2nd Circuit

Nature of Suit

3470 STATUTES-RICO

Date Filed

October 27, 2016

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