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FIFA Corruption: USA v. Jeffrey Webb et al: Indictment

May 20, 2015 - Indictment in USA v. Jeffrey Webb, Eduardo Li, Julio Rocha, Costas Takkas, Jack Warner, Eugenio Figueredo, Rafael Esquivel, Jose Maria Marin, Nicolas Leoz, Alejandro Burzaco, Aaron Davidson, Hugo Jinkis, Mariano Jinkis, and Jose Margulies, a.k.a. Jose Lazaro, at the U. S. District Court for the Eastern District of New York.

USA v. Finter Bank Zurich AG: Non-Prosecution Agreement

May 15, 2015 - Non-Prosecution Agreement and Statement of Facts in USA v. Finter Bank Zurich AG.

Yank Barry v. Evander Holyfield et al: Complaint

May 07, 2015 - Complaint in Yank Barry, a former resident of the Bahamas now apparently residing in Bulgaria, v. Evander Holyfield and Holyfield Management, Inc. at the U. S. District Court for the Central District of California.

SEC v. Gibraltar Global Securities et al: Motion to Withdraw as Counsel

April 14, 2015 - Motion to Withdraw as Counsel for Warren Davis and notice that he will no longer defend the lawsuit in U. S. Securities and Exchange Commission v. Gibraltar Global Securities, Inc. and Warren A. Davis as the U. S. District Court for the Southern District of New York.

Caledonian Bank liquidators paint bleak picture for creditors

April 10, 2015 - Cayman Islands-based Caledonian Bank has millions of dollars of related-party transactions that typically "can be difficult to recover full value" and is exposed to "a single large loan" of $93.7 million, representing more than half of all loans receivable. The grim news for creditors came in the first report of liquidators Keiran Hutchison and Claire Loebell.

Rural International Bank Ltd. v. Dallas Trading Corp.: Originating Application

April 02, 2015 - Originating Application in Rural International Bank Limited v. Dallas Trading Corp. at the British Virgin Islands High Court.

RBC (Bahamas) facing criminal charges in France for alleged tax fraud and money laundering

February 28, 2015 - The Public Prosecutor in France has recommended that Royal Bank of Canada Trust Company (Bahamas) Limited be criminally prosecutors for alleged tax fraud and money laundering concerning a trust for which the company serves as trustee.

FinCEN v. Oppenheimer & Co. Inc.: Press Release

January 27, 2015 - Press Release entitled 'FinCEN Fines Oppenheimer & Co. Inc. $20 Million for Continued Anti-Money Laundering Shortfalls' regarding its relationship with Bahamas-based Gibraltar Global Securities in FinCEN v. Oppenheimer & Co.

SEC v. Oppenheimer & Co. Inc.: Order Instituting Administrative and Cease-and-Desist Proceedings

January 27, 2015 - Order Instituting Administrative and Cease-and-Desist Proceedings in U. S. Securities and Exchange Commission v. Oppenheimer & Co. Inc.

NY firm fined $20 m for helping Bahamas broker operate 'illegally' in US

January 27, 2015 - New York-based broker-dealer Oppenheimer & Co. has agreed to be fined $20 million by federal regulators for violating securities and anti-money laundering laws while servicing Bahamas-based broker-dealer Gibraltar Global Securities, Inc. and another client.
Miami 2014 Presale

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Bermuda's Secretive Court System: Time to Emerge from the Dark Ages
David Marchant
Bermuda prides itself on being one of the most advanced, best run offshore jurisdictions in the world. In many respects, that boast is deserved.However, in one key area, Bermuda is so far behind the times, it's embarrassing, with the jurisdiction