Amended Complaint in Universal Trading & Investment Co., Inc. v. Yulia Tymoshenko, Alexander Tymoshenko, and Andrey Vavilov at the U. S. District Court for the Southern District of New York.
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.
Cayman Islands-domiciled Firebird Global Master Fund II Ltd. has filed a complaint at federal court in Washington, DC in an attempt to enforce a $37 million judgment that it obtained in Japan last year against the Republic of Nauru.
Complaint in Firebird Global Master Fund II Ltd. v. Republic of Nauru at the U. S. District Court for the District of Columbia.
Complaint to Enforce Foreign Judgment for $37 million in Firebird Global Master Fund II Ltd., domiciled in the Cayman Islands, v. Republic of Nauru at the U. S. District Court for the District of Columbia.
Credit Suisse (Guernsey) and trust officers accused of concealing proceeds of corruption by Ukraine politicians
Credit Suisse (Guernsey), three of its trust officers and a BVI-domiciled IBC are being sued for allegedly concealing the proceeds of corruption by former Ukraine Prime Ministers Pavlo Lazarenko and Yulia Tymoshenko and avoiding paying debts, including an $18 m judgment. At least $2.6 m in "bribes" went into accounts at Barclays Bank, in the Cayman Islands, it was alleged.
Complaint in Universal Trading & Investment Co, Inc., and Foundation Honesty International, Inc., both of Massachusetts, v. Credit Suisse AG, of New York; Credit Suisse (Guernsey) Ltd., of Guernsey; Credit Suisse Trust Ltd., of Guernsey; Philip John Glanfield, of Guernsey; Pamela Freda Kay Le Cheminant, of Guernsey; and Julia Rosalind Church, of Guernsey, at the U. S. District Court for the Southern District of New York.
Complaint in Universal Trading & Investment Co., Inc., of Massachusetts, v. Bassington, Ltd., of the British Virgin Islands, at the U. S. District Court for the District of Massachusetts.
Complaint in Universal Trading & Investment Co., Inc. v. Yulia Tymoshenko at the U. S. District Court for the Southern District of New York.
The IRS has asked a U. S. federal court for permission to serve a “John Doe” summons on Internet money transfer firm PayPal Inc. as part of a clampdown on tax evasion using offshore credit and debit cards.“The records requested in the summons will identify the holders of bank accounts at, or payment cards issued by banks in, the listed jurisdictions, information which is not otherwise readily available to the Internal Revenue Service,” stated the IRS in its petition.
A former director of the First International Bank of Grenada has been criminally indicted for a second time concerning another alleged offshore scam.The latest indictment against Robert Skirving was brought at the U. S. District Court for the District of Oregon on March 15, 2005 and amended on April 20, 2005.
Article based on an application to collect evidence for a criminal investigation into alleged money laundering - pursuant to a request for judicial assistance from Israel - that was filed at the U. S. District Court for the Middle District of Florida on April 22, 2005. Individuals and businesses mentioned in the request for assistance include Michael Komissarouk, Svetlana Komissarouk, Alexander Orlov, Boris Maas, Business Informational Systems Technology, Credit Lyonnais Bank, Chase Manhattan Bank, SunTrust Bank, JP Morgan Chase Bank, Bank Hapoalim, Algmine Spraksa Bank, Marina Tchefansky, E. U. Telcom Ltd., David Markish, Shimon Markish, Aron Misulovin, Igor Erlikh, Igor Pomeranets, Regina Misulovin, Lili Kagan, Emery Management Group LLC, Eitan Misulovin, United Industrial Bank, Acris Corp., Raisa Orlyk; Operation City, Samuel Adekuya; Unit Financial Management LLC, Comtel Management LLC, Digitage LLC, Steallar Holding LLC, Morton Vista Corp., Yukhym Braverman, Hillcroft LLC, Rubicon Ltd., Shelton Investments LLC, Sentron SA, Partner Corporation, Green Line LLC, Sun Side LLC, Kamex Holdings LLC, Nurden Industries Ltd., DNI SIA, Fairnet Services Ltd., Tricolet Financial Ltd., Comtel Management Ltd. SA, Tyron Investment LLC, Rova Distribution LLC, Trust Credit, Eastern Commodities Limited, and Partner Corporation.
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Israel into Michael Komissarouk and others for alleged money laundering involving the operation of an underground bank.
Third Superseding Indictment in USA v. Gilbert A. Ziegler, a.k.a. Van A. Brink; Rita L. Regale, a.k.a. Rita Brunges; Douglas C. Ferguson, Robert J. Skirving, and Laurent E. Barnabe, a.k.a. Larry Barnabe, at the U. S. District Court for the District of Oregon.
Another credit card processor subpoenaed by the IRS as part of investigation into offshore tax evasion
Total Systems Services Inc. has become the latest third party credit card processor to be ordered to turn over client records to the IRS as part of its offshore tax evasion investigation. An order allowing the IRS to serve a
The world's largest processor of credit card payments has been ordered by a United States court to assist the IRS in its investigation into tax evasion using offshore accounts.First Data Corp. must turn over information about transactions by holders of American Express, Visa and MasterCard credit cards that were issued by or on behalf of certain offshore financial institutions.
Offshore promoter Jerome Schneider has a new attorney to handle his defense against criminal fraud charges after his previous one resigned over allegedly unpaid legal fees totaling $350,000. Permission for Joseph M. Burton, of Duane Morris law firm, to withdraw as Schneider's counsel was granted on December 12, 2003 at the U. S. District Court for the Northern District of California.
The manager of a Nauru-licensed bank that was operated illegally in Nevis has been criminally indicted in the United States for alleged fraud concerning another bank that he operated.Dennis L. Shollenburg was arrested on August 18, 2003 - five months after a sealed indictment was brought against him at the U. S. District Court for the Central District of California.
Second Superseding Indictment in USA vs. Gilbert Allen Ziegler, a.k.a. Van Arthur Brink; Rita Regale, a.k.a. Rita Brunges; Douglas Ferguson, Robert Skirving and Laurent Barnabe, a.k.a. Larry Barnabe, at the U. S. District Court for the District of Oregon.
A 'paper' company registered on the Caribbean island of Nevis has filed a lawsuit in Canada against an insolvent offshore 'shell' bank in an effort to recover $1.08 million that it claims to have deposited. Nevis-domiciled Kachina Inc., formerly Praxis Inc., is seeking a judgment for $1,088,588 against Sterling International Bank Inc., which, according to the complaint, was licensed in Nauru on November 28, 1994 and went into provisional liquidation on September 27, 2000.
A Nauru-licensed offshore 'bank' whose principal representative lives in Florida has filed a civil lawsuit in the United States regarding a bizarre loan deal turned sour.However, the action is on the verge of being thrown out on the grounds that United Bank and Trust has not met a statutory filing requirement, apparently because it has no funds, according to court documents.
Offshore financial services provider and asset protection book author Terry L. Neal has been criminally indicted on tax-related offenses in the United States for the second time in three months.A 13-count superseding indictment was filed on April 23, 2003 against Neal, of St. Kitts and Oregon; and three associates, Lee. E. Morgan, of Oregon; James Fontano, of Nevada; and Aaron Young, of Oregon.
The Taiwan-based International Commercial Bank of China has filed a lawsuit against the Republic of Nauru in an attempt to recover US$12.8 million allegedly owed under a loan arrangement.One of the ways in which Nauru is in default of the loan is through its termination of diplomatic relations with Taiwan, according to the complaint, filed at Federal Court in New York on March 19, 2003.
Newt Utopia: What happened to the little nations that were the first to capitulate to the FATF, OECD and IMF tax bullies?
What happened to the little nations that were the first to capitulate to the FATF, OECD and IMF tax bullies? When the FAFT/OECD began the Non Compliant Countries and Territories (NCCT) ploy, they first went after several very small nations. These small nations were some of the first to capitulate and no longer offer a "harmful tax" competition jurisdiction. I am not saying they didn't deserve some of the abuse heaped upon them, but given the wholesale sleaze that exists in major countries such as the United Kingdom, France, and the United States, particularly on Wall Street, which is littered with dirt bags wearing expensive suits and working for companies with household names such as Citibank and Goldman Sachs, let's put it into its proper perspective …
Exchange Bank & Trust, which was licensed as an offshore bank in Nauru and operated in Nevis, is being sued for $3 million by a client in British Columbia.The civil lawsuit was filed at the Supreme Court of British Columbia on April 24, 2003 by Umbrella LLC, which is registered in Nevis and based in Vancouver.
Offshore bank broker and author Jerome Schneider has made his first court appearance in the United States since being criminally indicted on 23 counts of fraud on December 19, 2002. Schneider was arraigned at the U. S. District Court for the Northern District of California on January 30 and pleaded not guilty. He immediately posted a $100,000 corporate surety bond.
Offshore promoter Jerome Schneider and his alleged business partner, Eric J. Witmeyer, are expected to be arraigned next week after they were criminally indicted in the United States.Although they were indicted on December 19, 2002, neither was required to put in a court appearance by year-end, which prosecutors said was due to the difficulties of the Holiday season.
Offshore services provider and asset protection author Terry Leroy Neal has been arrested and jailed in Oregon after a criminal complaint accused him of making false statements in his personal tax returns filed with the IRS.Neal was arrested on December 27, 2002—one day after a criminal complaint was filed against him at the United States District Court for the District of Oregon, in Portland, which is Neal's home-town.
The British Columbia Securities Commission has scheduled a hearing for December 10 11, 2002 to consider applications to vary asset freeze orders relating to accounts at the Bank of Montreal in Vancouver that were frozen in 2000 as part of
GTrade founder Andy Mann also operates Nauru bank with fellow fraud suspect, OffshoreAlert can reveal
OffshoreAlert has established a link between a businessman suspected of committing fraud and money laundering in the United States and Costa Rica and a sham offshore Internet stock exchange. The connection between Tim Ray Sacora, of Deerfield Beach, Florida, and
US court approves application to serve summonses on VISA International for tax evasion investigation
A California court has approved a request by the Internal Revenue Service for leave to file "John Doe" summonses on VISA International as part of an investigation into tax evasion using offshore credit cards. The order, issued on March 28, 2002, allows the IRS to examine the records of VISA credit or debit cards issued "by, through, or on behalf of banks or other financial institutions" in 31 offshore jurisdictions.
Niue (Last rock from the Sun); Nauru; Marshall Islands; Solomon Islands; Cook Islands; Vanuatu; Shift In Fortunes; FATF/OECD - How they are Viewed; and The Future.
A Nauru-licensed bank that is operated from Nevis was used to launder most of the more than $30 million in profits from a fraudulent stock trading ring, it has been alleged.Exchange Bank and Trust, which is operated by Terry Neal's Nevis American Trust Co., has been named as a relief defendant in three of four related lawsuits filed by the SEC in the United States.
Nevis Trust Ltd. and Nevis resident Gillian Hobson are among several parties being sued for $9.6 million by the former owner of a Nauru registered bank who was recently imprisoned for fraud. A civil complaint was filed by Michael D.
An offshore bank has failed to unfreeze US$540,000 of its assets that were frozen at the Bank of Montreal in Vancouver by the British Columbia Securities Commission as part of a stock fraud investigation. The provisional liquidator of Nauru-registered Sterling International Bank Inc., Graham R. Whiteside, had applied for the funds to be released so that he could proceed with the liquidation of the bank.
Former Bermuda insurance boss John McGarrity resurfaces in the Bahamas, Turks & Caicos Islands regulators issue warning about Petro Funds, Bahamas resident Yank Barry goes on trial in Texas, default judgment entered in U. S. against American International Bank (in receivership), Bahamas union boss negotiates for employees of Suisse Security Bank & Trust, a private letter from FIBG principal Van Brink hints at corrupt payments to influential individuals in Grenada.
The manager of a Nauru-registered bank that appears to be operated illegally from Nevis said he did not realize he was doing anything wrong and will take steps to correct the matter. Dennis L. Shollenburg also said that a lawsuit that has been filed against him and others in the US by plaintiffs alleging investment fraud involving his previous bank had not been served on him.
Regulators in Grenada are continuing to allow banks belonging to the First International Bank of Grenada group to operate on the island despite FIBG's massive insolvency, we can reveal. The National Commercial Bank of St. Vincent, which is government-owned, is also continuing to provide banking services despite having its UK assets frozen recently over the FIBG fiasco.
Grenada has finished a close second to the fake jurisdiction of Melchizedek in an Internet poll to determine the worst offshore jurisdiction. In answer to the question 'Which of these offshore centers would you least trust with your money?', Melchizedek came top with 30 per cent of votes cast, while Grenada followed with 21 per cent.
Nevis-based offshore financial services provider and author Terry Neal has been ordered to disgorge $2.3 million in "ill-gotten gains" and pay a $200,000 penalty to settle a civil fraud lawsuit in the United States. Neal, who is an American citizen, has also been barred from serving as an officer or director of a public company in the United States.
A businessman criminally indicted in the US for an alleged $8.5 million investment fraud lied about a relationship with First Bermuda Securities when raising funds, claim investigators. Michael D. Richmond allegedly told potential depositors of his Nauru-registered Royal Meridian International Bank that their accounts would be managed by FBS or Deacon Capital Corporation.
The governments of offshore financial centers have moved with unprecedented haste in changing their regulatory and supervisory systems in order to be removed from international 'hit lists'.Rather than attempt to group together and negotiate with foreign agencies from a position of strength, many governments have capitulated to international pressure and rushed through emergency legislation.
Nevis-based offshore provider Terry Neal has denied that his firm Nevis American Trust Co. Ltd. operated Exchange and Bank Trust from the island, despite overwhelming evidence to the contrary.Nauru-registered EBT, which was not licensed in Nevis, is being investigated in the US and Canada for allegedly laundering the proceeds of securities fraud and has had US$16.9 million of assets frozen in Vancouver.
A Nauru-registered bank that is operated out of Nevis by offshore provider and author Terry Neal is at the centre of a major stock fraud investigation in the United States and Canada.Investigators allege that Exchange Bank and Trust helped launder millions of dollars from illegal trading in US stocks through bank and brokerage accounts in Vancouver and Nevis-registered entities.
Jerome Schneider, the offshore author who specializes in selling 'paper' banks to clients who invariably use them to commit criminal acts, has filed a lawsuit against a reviewer of one of his books.
The much-vaunted publication of a tax haven 'hit list' by the Organisation for Economic Co-operation and Development has been put off for at least a year. The OECD had planned to name those territories deemed to engage in "harmful tax practices" in June of this year, after which the 29 OECD member countries would seek to punish those on the list by introducing "defensive measures".
Keith King and the Transglobal Investment Fund, Antigua PM Lester Bird seeks to have financial advisory lifted, Viktor Kozeny sued in the Bahamas, U. S. and Bermuda discuss new treaty, Quantum Trading offers suspiciously high returns, Mezzanine Capital in middle of pump and dump, and Michael Creft: From Manitoba Department of Highways employee to Grenada's chief offshore regulator
The founding chairman of the First International Bank of Grenada has informed Grenada's chief offshore regulator, Michael Creft, that FIBG has made a net income of $60 billion in its first two years in business. The astonishing claim is made in a rambling, 26-page letter sent by Van A. Brink (a.k.a. Gilbert Allen Ziegler) to Creft on December 23, 1999 in an effort to assuage the regulator's concerns about the bank.
First International Bank of Grenada Ltd. et al v. David Marchant et al: Amended Emergency Motion for Preliminary Injunction
Amended Emergency Motion for Preliminary Injunction in First International Bank of Grenada Ltd., International Depositors' Reinsurance Corporation Ltd., doing business as IDIC; and World Investors' Stock Exchange v. David Marchant and Offshore Business News & Research, Inc. at the U. S. District Court for the Southern District of Florida.