February 12, 2016 - Motion to Intervene by Sentinel Trust Services Ltd. in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd. and Caledonian Securities Ltd. at the U. S. District Court for the Southern District of New York.
February 12, 2016 - Cayman Islands-domiciled Sentinel Trust Services - claiming to be the owner of Caledonian Bank - is seeking to block the bank's proposed securities fraud settlement agreement with the SEC and force the regulator to pay damages for causing the bank's collapse.
February 08, 2016 - Records provided to the U. S. SEC by the liquidators of Cayman Islands-domiciled Caledonian Bank show that "high-level employees" of the bank were "complicit" in a pump-and-dump securities fraud by clients that netted a $38 million profit, says the regulator. Caledonian has agreed to pay $25 m in "disgorgement" but the SEC has agreed to "forgo payment" due to the bank's insolvency.
February 08, 2016 - Proposed Settlement in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd. and Caledonian Securities Ltd. at the U. S. District Court for the Southern District of New York.
February 05, 2016 - Application for the appointment of a Commissioner - pursuant to a request for judicial assistance by Guatemala - for a criminal investigation into Astrid Maria Zachrisson Gonzalez, Jose Manuel Bolanos Fortuny, Carlos Domingo Portillo Gracioso and Carlos Eddie Bolanos for alleged participation in the attempted murder of Armando Jose Marcelo Soto Enriquez.
February 04, 2016 - Forfeiture Complaint in the amount of $219 million, Criminal Information, and Deferred Prosecution Agreement in USA v. Bank Julius Baer & Co. at the U. S. District Court for the Southern District of New York.
February 02, 2016 - The British Virgin Islands Financial Services Commission has applied to liquidate Crescent Corporate Services Limited "in the public interest".
January 19, 2016 - Combined Order in Weavering Macro Fixed Income Fund Limited v. Ernst & Young Chartered Accountants, Ernst & Young Ltd., and Ernst & Young at the Grand Court of the Cayman Islands.
January 18, 2016 - Liquidation Application in the BVI Financial Services Commission v. Crescent Corporate Services Limited at the British Virgin Islands High Court.
January 18, 2016 - Nevis-based WalwynLaw has had its license to act as a registered agent revoked - ten days after the law firm's principal, Leonora Walwyn, was arrested and criminally charged with forgery and fraud. It's the latest in a slew of regulatory and criminal actions over the last 17 months against attorneys and other professional service providers operating in Nevis, whose population is just 12,000.