A lawyer suing Daniel Kinahan says his client should receive a payout of between US$10 million to $20m (€9.5m to €19m) — after the mob boss was sanctioned by the US government.
The Star has learned that US lawyer Eric Montalvo has made new submissions to a California-based court which he believes has significantly bolstered his case.
Mr. Montalvo represents boxing manager Moses Heredia, who was suing Kinahan and boxing promoters MTK Global for $2 million over the alleged poaching of boxer JoJo Diaz — but now is asking for much more after the US Treasury Department sanctioned the mob boss last month.
Speaking to The Star last night, Mr. Montalvo stated his client is actually seeking far more in damages — between $10-20M.
READ MORE: Lawyer for boxing agent vows to get millions from MTK and Daniel Kinahan
“Obviously things have changed so we’re going to be looking for a significant amount more of money,” he said.
“I think we’re in the north of $10m to $20m range of consequence here given all the harm we’ve uncovered over the course of the past year.”
Cartel
Mr. Montalvo is also pursuing RICO (Racketeer Influenced and Corrupt Organisations) charges against Kinahan by alleging his money derived from organised crime activity.
And now he believes the official recognition from the US government that the Irish mobster leads an international criminal cartel, entitles his client to even more damages.
In a brand new and lengthy amended complaint to the US District Court in the Central District of California, Mr. Montalvo has submitted 211 grounds for taking the case against Kinahan and MTK Global.
Among those complaints, he cites the crippling sanctions that were imposed upon Kinahan by the US Treasury Department and the government of the United Arab Emirates (UAE) earlier this month.
The lawyer and former marine believes the official submission of all of this evidence before the court will significantly strengthen his case.
Among his many new submissions to the court, Mr Montalvo states that Kinahan “is deeply connected to professional boxing and is also an international narco-terrorist, who has recently been sanctioned by the United States Government as a result of his involvement in criminal activity”.
The newly amended complaint, which has just been submitted to the District Court, calls for a jury trial against Kinahan and MTK Global — a company that just this month shut its doors following the US sanctions announcement.
In the written submissions Mr. Montalvo states that his case against the mobster “at its core arises from an effort undertaken by Mr Kinahan to present himself and his associates as legitimate business persons through the establishment of legitimate businesses.”
He goes on to state that the “infusion of cash” by Kinahan into the world of professional
boxing “took the industry by storm” and he and his associates “soon became a global force”.
Mr. Montalvo is also pursuing RICO charges against Kinahan — something he believes has now been strengthened significantly by the sanctions.
Narcotics
His new complaint outlines those sanctions in full to the court and states that because Kinahan has now been named by the US as operating a “Transnational Criminal Organization” — he is violating the RICO Act.
The complaint cites how “on April 11 the US Treasury Department’s Office of ForeignAssets Control (OFAC) designated the Kinahan Organized Crime Group (KOGC) as a ‘Transnational Criminal Organization’, and designated Mr. Kinahan, along with several other KOCG members, as Specially Designated Nationals.”
The US Government officially accused the Kinahan mob of “smuggling deadly narcotics, including cocaine, to Europe, and declared it “a threat to the entire licit economy.”
The Star revealed earlier this month that
gardai are following new leads against the Kinahans – after they were inundated with calls from people seeking a $5 million reward to bring them down.
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