What remains unclear is who was behind Mahonia, Stoneville and the other offshore entities involved in the Citigroup deals.

FORBES: Big Banks Prepaying The Piper

Stoneville and Mahonia appeared to be owned and operated by the same people.

FORBES: Big Banks Prepaying The Piper

Stoneville and Mahonia, it appears, were set up by the same company, have the same director and the same shareholders, the judge wrote.

FORBES: J.P. Morgan Loses Round One

Morgan and its surety insurers, Judge Rakoff found that Enron was buying nearly the same amounts of natural gas from a company called Stoneville as it was putatively selling to another company called Mahonia .

FORBES: Magazine Article

Morgan's motion, Rakoff pointed to insurers' evidence that Enron was buying nearly the same amounts of gas at nearly the same price from another entity called Stoneville Aegean at around the same time that it was selling gas to Mahonia.

FORBES: J.P. Morgan Loses Round One