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by Mike Caswell
Rick Walchuk, a former Canadian broker awaiting trial in the United States on bribery charges, has asked that a judge dismiss the case, citing violations of his right to a speedy trial. He says that prosecutors inexcusably delayed charging him, with his arrest coming 5-1/2 years after the events in question. He also complains that he had to endure 102 days in an unsafe and filthy Greek jail because of the way the government handled his arrest.
The charges against Mr. Walchuk stem from an alleged 2008 bribery scheme. Prosecutors in Pennsylvania claim that he and another Canadian, Caroline Winsor, agreed to pay a kickback to have corrupt brokers buy shares of two pink sheets listings, Viosolar Inc. and FACT Corp. They sought the purchase of millions of dollars worth of shares, the government says. A Greek financial crime squad arrested Mr. Walchuk on a U.S. warrant on April 28, 2014, near Athens. He did not contest his extradition, and arrived in the U.S. on Aug. 8, 2014. He remains in jail awaiting trial.
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