A Cayman-registered mutual fund whose shares were once listed on the Bermuda Stock Exchange has emerged as a centerpiece of the massive fraud committed by the First International Bank of Grenada.Shares in the Aristocrat Endeavor Fund comprised $17.25 million of FIBG’s bogus initial capital of $32.75 million in 1997, according to a new report by the bank’s liquidator, Marcus Wide.
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Aristocrat Endeavor Fund Articles Banks & Trusts Bermuda British Virgin Islands Cayman Islands Featured First International Bank of Grenada Fraud Investment St. Kitts & Nevis USAAugust 31, 2001
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