Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

Caledonian Bank officers 'complicit' in $38 m securities fraud, says SEC

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.


AGENDA LAUNCH: OffshoreAlert Conference - Miami Beach, May 1-3, 2016 ... OffshoreAlert today launched the agenda and opened registration for our 14th Annual North American Conference on financial intelligence and investigations, with an emphasis on offshore financial centers. We're selling the first 50 tickets for $1,595 on a first-come, first-served basis, after which the per-ticket price will increase to $1,895.

14th Annual OffshoreAlert Conference North America (May 1-3, 2016, The Ritz-Carlton, South Beach)

Join 250 clients, providers and investigators of high-end financial products and services from UK, Europe, USA, Canada and key offshore jurisdictions to network and discuss wealth creation, preservation and recovery.

Featured Fraudster - Duane McGaw (FREE)

This page is devoted to fraudsters who sue OffshoreAlert for libel after we have exposed them, thereby demonstrating they are stupid and delusional, as well as dishonest. Having their own permanent entry on a free section of our site so their families, friends, future victims and others can discover how ugly they are is a price they must pay for letting their emotions and ego override common sense.

From OffshoreConnect, The OffshoreAlert Community


Letter from Anne Strebinger demanding the removal from OffshoreAlert's web-site of an SEC securities fraud complaint in which she is a relief defendant, claiming that she is an "EU citizen" and has a "right to be forgotten" under European law, notwithstanding the fact that, in the SEC's complaint, she is described as a Canadian citizen residing in Canada.
Letter from convicted fraudster Garry Milosevich complaining about information on OffshoreAlert's web-site concerning his fraudulent activity.


  • Reuters: Two former private bankers at Julius Baer are expected to plead guilty Thursday to...
David Marchant
Tories lobbying to protect Google’s £30bn island tax haven (Bermuda)
  • The Observer: Britain has been privately lobbying the EU to remove from an official blacklist...
David Marchant