St. Lucia

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.

Claim Form in Adolphus Sylvester v. Sol St. Lucia Limited (BVI) 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.

Complaint in Bancroft Life & Casualty ICC, Ltd. v. Erwin Lo, MD and Sue Jin Yu, MD at the U. S. District Court for the District of Maryland.

Complaint in Bancroft Life & Casualty ICC, Ltd. v. Erwin Lo, MD and Sue Jin Yu, MD at the U. S. District Court for the Western District of Pennsylvania.

St. Lucia-licensed insurer Bancroft Life & Casualty ICC, Ltd. is suing yet another of its clients in the United States, making it the thirteenth lawsuit over the last 19 months that Bancroft has filed at federal court.

Letter from Kip Schwartz on behalf of Bancroft Life & Casualty ICC, Ltd. complaining about an OffshoreAlert article.

Complaint in Bancroft Life & Casualty ICC, Ltd. v. GRBR Ventures, LP at the U. S. District Court for the Southern District of Texas.

St. Lucia-licensed insurer Bancroft Life & Casualty ICC, Ltd. has filed complaints against three more of its insureds at federal court in the United States, alleging they have defaulted on loans totaling more than $5 million.

Complaint in Bancroft Life & Casualty ICC, Ltd., licensed in St. Lucia, v. KLC Ventures, L.P. at the U. S. District Court for the Southern District of Texas.

Complaint in Bancroft Life & Casualty ICC, Ltd., licensed in St. Lucia, v. Davnic Ventures, L.P. at the U. S. District for the Southern District of Texas.

Complaint in Bancroft Life & Casualty ICC, Ltd. v. MMXCM Forte Group Ltd., LLP, MTM Bristol Group, PLLC, and Bel Canto Management , Inc. at the U. S. District Court for the Southern District of Texas.

Complaint in American Residential Equities XXVII, LLC, owned by Bancroft Life & Casualty, v. Redwood Recovery Services, LLC, Petra Opportunity Fund, Ltd., Petra Finance, LLC, Petra Opportunity Management, LLC, American Residential Equities, Inc., American Residential Equities, LLC, Miguel Carmona, John Hansen, Erick Magno, Christian Cunha, and Aiden Couch at the U. S. District Court for the Central District of California.

The U. S. Court of Appeals has upheld a lower court's decision ordering the former managers and professional advisors of offshore insurer Bancroft Life & Casualty to return its "corporate books and records" and "cease interfering" with the insurer's relationship with its insureds.

Opinion in Bancroft Life & Casualty ICC, Ltd. v. Intercontinental Management Ltd., Intercontinental Captive Management Company, Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, Nigel Bailey, Cunningham Hughan & Company, and Thomas Hughan, CPA at the U. S. Court of Appeals for the Third Circuit.

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.

Ex Parte Summons in Young Caribbean Jewellery Company Ltd. v. Duty Free Caribbean Emeralds (St. Lucia) Ltd. at the Grand Court of the Cayman Islands.

Motion to Intervene for a Limited Purpose and Motion to Lift Seal by TMC Financial, LLC and Family Wealth Advisors, LLC in Bancroft Life & Casualty, ICC Ltd. v. Intercontinental Management Ltd., Intercontinental Captive Management Company, Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, Nigel Bailey, Cunningham Hughan & Company, Inc., Thomas Hughan, CPA, Dernar & Associates, LLC, and David K. Dernar, CPA at the U. S. District Court for the Western District of Pennsylvania.

The U. S. Department of Justice and the IRS have contacted U. S. taxpayers who bought policies from offshore insurer Bancroft Life & Casualty ICC Ltd., it has been disclosed in a court filing.

Defendant's Motion to Take One Additional Day of Deposition of the Deposition of witness Matthew G. Brown in Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari at the U. S. District Court for the Western District of Washington.

Second Amended Complaint in Bancroft Life & Casualty ICC, Ltd. v. Intercontinental Management, Ltd., Intercontinental Captive Management Company, Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, Nigel Bailey, Cunningham Hughan & Company, Inc., Thomas Hughan, CPA, Dernar & Associates, LLC, and David K. Dernar, CPA at the U. S. District Court for the Western District of Pennsylvania.

Order Denying Plaintiff's Motion to Dismiss Amended Counterclaims in Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari at the U. S. District Court for the Western District of Washington.

Letter to OffshoreAlert from Sanford Bohrer, an attorney with Holland & Knight, on behalf of Bancroft Life & Casualty - November 3, 2011

Amended Counterclaim and Third-Party Complaint in Paul Mouttet v. Talisman Capital Alternative Investments Fund Ltd., Epsilon Global Master Fund LP, Epsilon Global Master Fund LP II, Epsilon Global Asset Management Ltd., Epsilon Investment Management LLC, Capital Strategies Fund Ltd., Westford Asset Management LLC, Westford Special Situations Master Fund LP, and Steve Stevanovich at the U. S. District Court for the Southern District of Florida.

Texas-based drilling rig manufacturer HongHua America, LLC has become the latest insured to sue troubled offshore insurer Bancroft Life & Casualty, whose policies appear to have been designed to help U. S. companies avoid or defer taxes.

Complaint in HongHua America, LLC, formerly New Continental Equipment Co., Ltd., v. Bancroft Life & Casualty, ICC Ltd., Bradley Barros, CBIZ MHM, LLC, Association Benefits Group, Inc., and Loren R. Cook & Associates, Ltd., LLP at District Court, Fort Bend County, Texas.

Counterclaims by TMC Financial LLC against Bancroft Life & Casualty ICC Ltd. and Third-Party Claims by TMC Financial LLC against Intercontinental Management Ltd., doing business as Intercontinental Captive Management Ltd.; CBIZ MHM LLC, Association Benefits Group Inc., and Bradley Barros at the U. S. District Court for the Eastern District of Virginia.

Offshore insurer Bancroft Life & Casualty and its principals, Miami tax attorney Phil Sigel and Delaware insurance advisor Brad Barros, have been accused of perpetrating a massive tax shelter fraud against its customers, the IRS and regulators in St. Lucia.

Complaint filed by Bancroft Life & Casualty ICC, Ltd. against Family Wealth Advisors, LLC at the U. S. District Court for the Eastern District of Virginia.

Complaint filed by Bancroft Life & Casualty ICC, Ltd. against TMC Financial, LLC at the U. S. District Court for the Eastern District of Virginia.

Answer and Counterclaims of FFD Resources III, LLC in the case of 'Bancroft Life & Casualty ICC, Ltd. vs. FFD Resources III, LLC and FFD Ventures, LP' at the U. S. District Court for the Southern District of Texas.

Counterclaim by Intercontinental Management, Ltd. d/b/a Intercontinental Captive Management Company, Ltd., Intercontinental Management Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, and Nigel Bailey against Phil Sigel, Brad Barros, Loren Cook, Andrew Watson, Gail Sigel, Nicholas John, The Bancroft Trust, Association Benefits Group Inc., Global Financial Advisors Network LLC, and Stuart Anolik, at the U. S. District Court for the Western District of Pennsylvania.  

First Amended Petition, Application for Temporary Restraining Order, Application for an Injunction and Request for Expedited Discovery in an action brought by Robert Kwok & Associates Ltd., LLP against Bancroft Life & Casualty, ICC, Loren R. Cook & Associates Ltd., LLP, Association Benefits Group, Inc., CBIZ MHM, LLC, and Bradley Barros at the District Court of Harris County, Texas.

Amended Complaint filed by Bancroft Life & Casualty ICC, Ltd.against Intercontinental Management Ltd., Intercontinental Captive Management Company, Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, Nigel Bailey, Cunningham Hughan & Company, Inc., Thomas Hughan, Dernar & Associates, LLC, and David Dernar at the U. S. District Court for the Western District of Pennsylvania.

Complaint in Cesar Scolari and Sea Czar, Inc. v. Brown & Streza LLP and Matthew G. Brown at California Superior Court, Orange County - July 1, 2011

Account holders in several major offshore financial centers, including the Bahamas, Bermuda, British Virgin Islands and Cayman Islands, had substantial deposits at alleged fraudster Allen Stanford's Antigua licensed Stanford International Bank Ltd., a document obtained by OffshoreAlert shows.

Troubled offshore insurer Bancroft Life & Casualty ICC Ltd. has filed five separate civil complaints against insureds in the United States over the last three

Motion to Amend Pleadings, Add New Parties and Joinder of Related Litigation in the case of 'Bancroft Life & Casualty ICC, Ltd. vs. Intercontinental Management, Ltd., Intercontinental Captive Management Company, Ltd., Thomas Hughan, CPA, Cunningham Hughan & Company, Inc., Nigel Bailey, George Thomas Roberts, John Patton, and Roberts and Patton Law Firm' at the U. S. District Court for the Western District of Pennsylvania.

A Seattle resident who borrowed $5.3 million of his own money from an offshore insurer in an elaborate tax avoidance scheme only to be sued by the insurer for defaulting on loan repayments has brought his own action against the

A breakdown by jurisdiction and amounts of accounts held at Stanford International Bank.

First Amended Complaint by Sea Czar, Inc., controlled by Cesar Scolari, against St. Lucia-licensed insurer Bancroft Life & Casualty ICC, Ltd.

Cesar Scolari's Answer and Counterclaims in the case of Bancroft Life & casualty ICC Ltd. vs. Cesar Scolari regarding a tax shelter scheme.

Complaint filed by Sea Czar, Inc., controlled by Cesar Scolari, against Bancroft Life & Casualty ICC Ltd., an offshore insurer licensed in St. Lucia.

Complaint by Bancroft Life & Casualty ICC, Ltd. against Cesar Scolari for alleged breach of contract regarding a tax shelter program.

Offshore insurer Bancroft Life & Casualty ICC Ltd., which is licensed in St. Lucia, is seeking compensatory damages of at least $5.5 million against a participant in its group insurance program. Bancroft Life filed a complaint against Cesar Scolari, a

Complaint in Talisman Capital Alternative Investments Fund, Ltd. v. Paul Mouttet at the U. S. District Court for the Southern District of Florida.

Writ of Summons in Novacell (St. Lucia) Limited, CompletWireless Jamaica Limited (in receivership), and Kenneth Tomlinson, as Receiver of CompletWireless Jamaica Limited (in receivership), v. Isaac Rankine and Pan Caribbean Consulting Limited at the Grand Court of the Cayman Islands.

Originating Summons in Novacell (St. Lucia) Limited, CompletWireless Jamaica Limited (in receivership), and Kenneth Tomlinson, as Receiver of CompletWireless Jamaica Limited (in receivership), v. Isaac Rankine and Pan Caribbean Consulting Limited at the Grand Court of the Cayman Islands.

St. Lucia licensed insurer Bancroft Life & Casualty ICC, Ltd. has been accused of failing to pay invoices totaling $148,000 to its former managers and legal advisors.The allegations are contained in a counterclaim that was filed against Bancroft by Intercontinental

An offshore insurer licensed in St. Lucia and administered from the United States claims that "staggering financial losses" suffered as a result of alleged fraud and other misdeeds by its former management company, counsel and accountants have threatened the viability of the company. Bancroft Life & Casualty ICC Ltd., which is controlled by Philip Sigel and Bradley Barros, who live in Miami and Delaware, respectively, filed a complaint at the U. S. District Court for the Western District of Pennsylvania on May 21, 2010 against Intercontinental Management Ltd., d.b.a. Intercontinental Captive Management Company Ltd. ("ICMC"), which is domiciled in the U. S. Virgin Islands and administered in Greensburg, Pennsylvania; a second company called Intercontinental Management Company Ltd. ("Intercontinental") which is domiciled in Pennsylvania and apparently operated from the same address in Greensburg, PA; The Roberts and Patton Law Firm, based in Ligonier, Pennsylvania; John R. Patton, described as "a general partner in Roberts & Patton", although he "is not licensed to practice law in Pennsylvania", and "an owner and officer of" ICMC and Intercontinental; George Thomas Roberts, described as "a general partner in Roberts & Patton" and "an owner and principal of ICMC, Intercontinental and a reinsurance company called the Captive Line Slip which is incorporated in the United States Virgin Islands"; Nigel Bailey, described as a resident of the U. S. Virgin Islands who is "an owner and principal of ICMC, Intercontinental and the Captive Line Slip" and who was "Bancroft's 'local manager' for St. Lucia"; Cunningham Hughan & Company, Inc., described as an accounting firm based in Carnegie, Pennsylvania; and Thomas Hughan, CPA.