St. Kitts & Nevis

Part-time Bahamas residents Duane Crithfield and Stephen Donaldson, Sr. have been criminally charged in the United States with operating a tax fraud scheme involving trust, insurance and other offshore companies in Anguilla, Nevis and the Bahamas.

Indictment in USA v. Robert C. Sathre and Judy A. Sathre at the U. S. District Court for the District of Wyoming.

Third-Party Complaint in Argyle Online, LLC v. R. Todd Neilson, in his capacity as Chapter 11 Trustee of GGW Brands, LLC, GGW Direct, LLC, GGW Events, LLC and GGW Magazine, LLC, at the U. S. Bankruptcy Court for the Central District of California.

Complaint in Air Tropiques, SPRL v. Northern and Western Insurance Company Ltd., Supra Management Solutions, Inc., formerly known as NWIC Management Corporation; Robert Harrison and Devon Harrison at the U. S. District Court for the Southern District of Texas.

Order in Salty Brine I, Ltd. and Salty Brine, Inc. v. USA at the U. S. District Court for the Northern District of Texas.

Indictment for alleged tax fraud in USA v. David Leon Fredrick and Patricia Lynn Hough, allegedly both clients of UBS AG, at the U. S. District Court for the Middle District of Florida involving two Caribbean medical schools: Saba University School of Medicine, in Saba, and Medical School of the Americas, in St. Kitts & Nevis.

Ruling regarding who should pay costs and legality of service out of the jurisdiction in CIGNA Worldwide Insurance Company v. ACE Limited at the Grand Court of the Cayman Islands.

Indictment for alleged tax fraud involving an offshore tax strategy known as the Business Protection Plan in USA v. Duane Crithfield and Stephen Donaldson, Sr. at the U. S. District Court for the Middle District of Florida.

A judge in California has granted an IRS petition to serve a 'John Doe' summons on Wells Fargo Bank as part of a criminal investigation into suspected tax evasion by clients of Barbados-headquartered CIBC FirstCaribbean International Bank, for which Wells Fargo provided a correspondent account.

Order adding Echemus Investment Management Ltd., Echemus Group, LP, CC International Limited, and Martin S. Kenney as parties for the purposes of costs only in CIGNA Worldwide Insurance Company v. ACE Limited at the Grand Court of the Cayman Islands.

Caribbean regulator the Eastern Caribbean Central Bank and several Caribbean banks have been accused of 'fraudulently misappropriating' a bank owned by convicted fraudster Allen Stanford to keep its assets out of the hands of his victims.

Complaint in The Official Stanford Investors Committee v. Bank of Antigua, a.k.a. Eastern Caribbean Amalgamated Bank; Eastern Caribbean Central Bank, Antigua Commercial Bank, St. Kitts-Nevis-Anguilla National Bank Ltd., Eastern Caribbean Financial Holdings Company Ltd., National Commercial Bank (SVG) Ltd., National Bank of Dominica Ltd., and the Government of Antigua and Barbuda at the U. S. District Court for the Northern District of Texas.

Plea Agreement in USA v. Zvi Sperling at the U. S. District Court for the Central District of California.

Criminal Information in USA v. Zvi Sperling at the U. S. District Court for the Central District of California.

Application for Temporary Restraining Order in Schuyler Moore, as Trustee of actor Paul Hogan's Carthage Trust v. Philip Egglishaw, Grasselle SA, and Strachans SA at the U. S. District Court for the Central District of California.

Order Instituting Administrative Proceedings U. S. Securities and Exchange Commission v. David R. Smith.

Criminal Judgment in USA v. Thomas M. Uhrin at the U. S. District Court for the Western District of Pennsylvania.

Fixed Date Claim Form in Divot Enterprises Ltd. v. Ancrona Ltd. at the British Virgin Islands High Court.

Fixed Date Claim Form in Divot Enterprises Ltd. v. Dickinson Partners Ltd. at the British Virgin Islands High Court.

Letter about closing offshore ten tax loopholes from Senator Carl Levin to Senator Harry Reid, Senator Mitch McConnell, Senator Dick Durbin, Senator Jon Kyl, Senator Kent Conrad, Senator Saxby Chambliss, Senator Mark Warner, Senator Mike Crapo, Senator Tom Coburn, Senator Michael Bennet, Senator Mike Johanns, Senator John McCain, Senator Jeanne Shaheen, Senator Lindsey Graham, Senator Sheldon Whitehouse, Senator Kelly Ayotte, Honorable Timothy Geithner, Secretary of the Treasury; Gene Sperling, Director, National Economic Council, dated October 5, 2012.

First Amended Complaint in Tamara Favazza v. Path Media Holdings LLC, GGW Brands, LLC, GGW Brands, Inc., GGW Direct, LLC, GGW Events, LLC, GGW Magazine, LLC, GGW Marketing, LLC, Pepe Bus, LLC, Aero Falcons, LLC, Blue Horse Trading, LLC, Sands Media, Inc., Rothwell, Ltd., Mantra Films, Inc., MRA Holdings, LLC, Turtlecreek Properties, Inc., J.F., LLC, Pablo Holdings, LLC, and Joseph R. Francis at the U. S. District Court for the Eastern District of Missouri.

Final Default Judgment in U. S. Securities and Exchange Commission v. Larry Michael Parrish at the U. S. District Court for the District of Colorado.

Motion for Temporary Restraining Order in U. S. Securities and Exchange Commission v. Tracy Lee Sunderlage, Nikolai Simon Battoo, BC Capital Group S.A., and BC Capital Group Limited at the U. S. District Court for the Northern District of Illinois.

Claim Form in Lenum Trading Limited v. Sherford Enterprises Limited, Stockwood Developments Limited, Interforum Inc., and Farfinance Limited at the British Virgin Islands High Court.

Former St. Kitts & Nevis-based offshore provider Malchus Irvin Boncamper was yesterday sentenced to eight years and one month in prison for helping to launder the proceeds of an insurance fraud.

Criminal Information in USA v. Thomas M. Uhrin at the U. S. District Court for the Western District of Pennsylvania.

Guardian Trust Company Limited has had its license suspended by the financial services regulator in Nevis - 11 years after OffshoreAlert first began exposing the trust company's involvement with criminals.

Indictment in USA v. Shannon Johnson and Yvette Shannon at the U. S. District Court for the District of Maryland.

Correspondence Re. Detention Hearing in USA v. Larry Michael Parrish at the U. S. District Court for the District of Maryland.

Indictment in USA v. Larry Michael Parrish at the U. S. District Court for the District of Maryland.

Guardian Trust Company Limited - License Suspended by Nevis Financial Services

Amended Complaint in Ludmila Loginovskaya v. Oleg Batratchenko, Tatiana Smirnova, a.k.a. Tatiana Smirnoff, a.k.a. Tatiana Batratchenko, Thor United Corp., Thor United Corp. (Nevis), Thor Real Estate Master Fund, Ltd., Thor Guarant Real Estate Fund Ltd., Thor Opti-Max LLC, Thor Asset Management, Inc., Thor Real Estate Management LLC, Thor Capital LLC, Thor Futures LLC, and Thor Realty LLC at the U. S. District Court for the Southern District of New York.

Four investment funds domiciled in the British Virgin Islands and one in Nevis have been added as defendants to a securities fraud complaint filed by the U. S. Securities and Exchange Commission regarding an alleged scheme that raised over $90 million from at least 45 investors, with some of the funds being sent to the BVI and Bermuda.

Amended Complaint in U. S. Securities and Exchange Commission v. Brian Raymond Callahan, Horizon Global Advisors Ltd., Horizon Global Advisors, LLC, Diversified Global Investments (BVI) LP, The Masters Global Fund, LP, Fiduciary Select Income Fund, LP, Horizon Millennium Investments, LP, Pangea Offshore High Yield Portfolio, LLC, Adam Manson, Distinctive Investments LLC, and Distinctive Ventures LLC at the U. S. District Court for the Eastern District of New York.

Jonathan Curshen, a former offshore financial services provider and Honorary Consul to Costa Rica for St. Kitts & Nevis, was today sentenced to 20 years in prison at federal court in Miami after previously being convicted of securities fraud and money laundering.

Curshen's Notice of Filing Exhibits in USA v. Jonathan Curshen at the U. S. District Court for the Southern District of Florida.

USA's Sentencing Memorandum in USA v. Jonathan Curshen at the U. S. District Court for the Southern District of Florida.

Curshen's Objections to Pre-Sentence Investigation Report in USA v. Jonathan Curshen at the U. S. District Court for the Southern District of Florida.

Accounts at banks in Bermuda and the British Virgin Islands have been frozen as part of an investigation into an alleged $75 million fraud that involves funds in the BVI and Nevis and an investment adviser in the Cayman Islands.

Complaint in U. S. Securities and Exchange Commission v. Brian Raymond Callahan, Horizon Global Advisors Ltd., domiciled in the Cayman Islands; and Horizon Global Advisors, LLC, domiciled in Connecticut, alleging securities fraud regarding investment funds in the British Virgin Islands and Nevis.

If the U. S. Government's allegations against Switzerland's oldest private bank, Wegelin & Co., are true, i.e. that the bank actively encouraged and helped U. S. taxpayers conceal their assets from the IRS and, it would be logical to assume, their other creditors and victims, the bank represents the worst of the offshore world and it would be convincing evidence that the bank's managers at the time of the conduct were talentless morons.

Jonathan Curshen, a former offshore financial services provider and Honorary Consul to Costa Rica for St. Kitts & Nevis, has been convicted of securities fraud for the second time in two-and-a-half-years.

Witness List in USA v. Jonathan Curshen et al at the U. S. District Court for the Southern District of Florida.

Trial Transcript in USA v. Jonathan Curshen and Nathan Montgomery at the U. S. District Court for the Southern District of Florida.

A legal dispute in the Cayman Islands in which current and former Ernst & Young partners Dan Scott, James Cleaver and Richard Fogerty were accused of illegal conduct towards Lewis Rowe over his alleged participation in a Ponzi scheme known as Cash 4 Titles has been settled.

USA's Witness List in USA v. Tony Leon Smith at the U. S. District Court for the Western District of New York.

Complaint in Ludmila Loginovskaya v. Oleg Batratchenko, Alexei Chekhlov, Peter Kambolin, Thor United Corp., Thor United Corp. (Nevis), Thor Optima LLC, Thor Asset Management, Inc., Thor Real Estate Management LLC, Thor Opti-Max LLC, Thor Capital LLC, Thor Futures LLC, Thor Realty LLC, Thor Realty Holdings LLC, Systematic Alpha Management LLC, and Systematic Alpha Futures LLC at the U. S. District Court for the Southern District of New York.

USA's Witness List in USA v. Jonathan Curshen and Nathan Bradley Montgomery at the U. S. District Court for the Southern District of Florida.

Curshen's Exhibits Supporting Motion to Suppress Evidence in USA v. Jonathan Curshen at the U. S. District Court for the Southern District of Florida.

The court-appointed managers of Bahamas-domiciled British American Insurance Company Ltd., which operated throughout the Bermuda-Caribbean region, are suing the insurer's former directors and others for 'recklessly gambling away' hundreds of millions of dollars on 'speculative' Florida real estate investments.