"But we are not here to evaluate the merits of the Belgian authorities in the way they handle the fight against terrorism.
That has been established for some time now. We know, sadly, that mistakes were made, that people slipped through the net. "There have been commissions of inquiry in both France and Belgium.
OPERATION MASTERMIND TRIAL
"Listen to me. This is not the trial of any institution or any police service," he reminded the court after a particularly confrontational exchange, his normally benevolent eyes glinting darkly. On Thursday, it all got a bit too much for the tribunal president, Jean-Louis Périès. 'This is not a trial of the Belgian police' Several of the 14 prisoners on trial have boycotted the hearings in protest at the decision by Brussels, refusing to take their places in the high-security box reserved for the accused. The fact that each officer is accompanied by a legal representative and a Belgian judge adds to the sense in Paris that a sort of state censorship is in operation. "I didn't work on that file," "I was not involved in that investigation," "I don't have the information to answer that question," are some of the phrases which have been repeated by the anonymous witnesses in Brussels. The problem is that the questions which follow each presentation are not always answered to the satisfaction of Paris.
OPERATION MASTERMIND SERIES
In practical terms, the court has heard a week of testimony from a series of figures on television screens. Some in Paris think they are staying away to avoid being too harshly questioned on their supposed mishandling of key aspects of the Paris attacks case.Īn article published on Thursday by the French news website Mediapart clearly says "the Belgian police are struggling to cover the mistakes they made in 20 while the network which would lead to the Paris attacks was being put in place." Trouble with televised testimony Brussels says anonymity is essential to protect the officers' security. Several legal teams at the special criminal court have criticised the Belgian investigators for their refusal to testify in person. “Despite these red flags, Navellier recommended Vireo AlphaSector to clients and prospective clients, using performance track record statements it knew it could not verify and which it understood were probably false.Tension remains high between the court in Paris and the witnesses in Brussels. “Navellier ignored and concealed several red flags that the performance track record of Vireo AlphaSector was not based on live trading since 2001 - as F-Squared had represented - and that the track record was substantially inflated,” according to the complaint. Things got worse as Navellier Associates used F-Squared marketing material that promoted an inaccurate track record. Navellier and his firm failed to perform due diligence on the Vireo AlphaSector’s track record and ignored red flags that the strategies had performed as indicated. Things went wrong from the beginning, according to the SEC complaint. The company claimed that its AlphaSector trading signals allowed investors to avoid downturns while still reaping the benefits of a bull market. Navellier, a growth investor, began to explore doing business with F-Squared, a Wellesley, Massachusetts, investment adviser founded in 2006. Navellier and his firm sold the Vireo line of business in August 2013 for $14 million, rather than correcting their prior misrepresentations to their clients or informing their clients about their conflicts of interest in selling the Vireo business. Navellier and the company ignored red flags that the investment strategies hadn’t worked as advertised, and distributed false information about those strategies. Navellier and his company defrauded clients and prospects about the performance track record of the Vireo AlphaSector investment strategies that the firm offered under the Vireo brand name. The $1 billion company manages several portfolios for clients and is the adviser for one mutual fund, the Cavalier Fundamental Growth Fund. His Emerging Growth newsletter had top rankings from the Hulbert Financial Digest from 1985 though 2005.
Louis Navellier began publishing analysis of growth stocks in 1980 and began managing accounts for institutional and individual clients in 1987.
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