Home' Trinidad and Tobago Guardian : February 21st 2014 Contents A17
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rolling Las Vegas business-
man and two of his
employees have pleaded not
guilty to felony charges
stemming from a massive
The Las Vegas Review-
Journal reports 63-year-old
Ramon DeSage entered his
plea in US District Court on
Wednesday along with his
Peter Akaragian of South-
ern California, and his 43-
year-old bookkeeper, Gary
Parkinson of Las Vegas.
DeSage was charged last
week in a superceding fed-
eral indictment that added
dozens of felony counts in
what prosecutors say was a
scheme to defraud investors
of roughly $190 million.
Prosecutors say DeSage is
a Lebanese-born entrepre-
neur with both business
and gambling ties to Las
He s accused of using his
Cadeau Express, Beryt and
Merits Incentives to de-
fraud investors. (AP)
As Burger King officially
opened the doors to its 15th
branch in T&T yesterday, gen-
eral manager Ryan Lewis
revealed ambitious plans for
expansion locally, with five
more outlets, including one in
Tobago, by year s end.
Lewis spoke with the T&T
Guardian at the formal opening
of Burger King s newest branch
at Southern Main Road, Mara-
bella. He said the plan is to
"open 20 branches by 2015,"
especially in east Trinidad.
"We are not in Arima as yet.
We are looking at spots in
Arima. We are looking at spots
in Trincity, mainly in the east
right now---Arima, Trincity,
Sangre Grande---and we want
to expand some more down
south., he said.
The new branch opening
coincides with Burger King s
tenth anniversary in T&T and
Kiss Baking Company Limited
donated a special burger shaped
cake to mark the occasion.
Lewis admitted that crime is
a problem in Trinidad but said
the company has put measures
in place to ensure staff and cus-
Lewis said Marabella was
selected because of the success
the franchise has been having
in south Trinidad.
"The southland is very big
for us as all of our stores have
done well in the south. We have
done well with our new crispy
chicken and Marabella will be
the best one (branch.)
"It is close to our Gasparillo
store which is doing so well.
We also saw the opportunity
here to do a drive thru, it is the
only one in Marabella," Lewis
He said in response to
demand from Burger King lovers
in Tobago the company has
decided to construct a branch
there also. He said sites had
been earmarked and construc-
tion would be completed at the
end of 2014.
Marabella West councillor
Laverne Allison Smith, who
delivered remarks on behalf of
San Fernando Mayor Kazim
Hosein, welcomed the new
Smith said she was pleased
that Burger King provided
healthy options, such as salads.
Marlon Newallo, senior man-
ager, marketing, Coca Cola
(Caribbean Bottlers Limited)
extended greetings and pledged
continued support to the chain.
MIAMI, FLORIDA---Citi was recognised by
Euromoney magazine as the Best Private Bank for
Corporate Executives in Latin America as part of
the magazine s Private Banking Survey 2014. The
prestigious awards were presented to Citi during
an exclusive ceremony that took place at London
on February 13.
Citi was also recognised by the magazine as the
Best Private Bank in Ecuador and Mexico. In addition,
Citi received three awards in Uruguay---Best Range
of Investment Products, Best Net-Worth-Specific
Services Super Affluent, and Best Corporate Advisory
for Private Banking Clients. Furthermore, the bank
was recognised as Best Net-Worth-Specific Services
High Net Worth I in Colombia and Mexico and Best
Net-Worth-Specific Services Super Affluent in Peru.
"We are committed to continue offering all the
high quality financial services the bank provides that
generate the best outcomes for our clients.
Euromoney s continuous recognitions distinguish
our efforts of tirelessly serving our private banking
clients in the LatAm region. Our team continues to
deepen our client relationships and will do so for
many more years," said Alexander G van Tienhoven,
CEO, Citi Wealth and Investment Management, Latin
America and Mexico.
Euromoney has been awarding the Private Banking
Awards since 2004, and it is considered one of the
most respected awards in the banking industry.
Awards are based on the annual Euromoney Private
Banking Survey, which provides a qualitative and
quantitative review of the best services in private
banking, by region and by areas of services. Factors
such as assets under management, profitability, ratio
of clients to relationship managers, and services
offered etc are all considered in ranking banks.
Citi named best
Burger King opens
15th T&T restaurant
From left, Burger King general manager Ryan Lewis, Kiss Business
Unit head of marketing Lisa Morales, Councillor for Marabella
West Laverne Smith and Coca Cola senior manager of marketing
Marlon Newallo display a cake made in the shape of a burger at
the opening of the fast food chain's new outlet in Marabella,
yesterday. PHOTO: RISHI RAGOONATH
Vegas high-roller DeSage: I'm not guilty of fraud
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