St. Vincent & the Grenadines

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.

Amended Winding Up Petition in Bellport Corporation v. Orchid Developments Group Limited at the Grand Court of the Cayman Islands.

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.

Plea Agreement in USA v. William J. Wise at the U. S. District Court for the Northern District of California.

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.

Claim Form in Transcaribbean International Inc. v. Leon Samuels and Bigger Trucking and Blocks Construction Co. at the British Virgin Islands High Court.

Minute Entry for Initial Appearance of William Wise, former principal of St. Vincent & The Grenadines-licensed Millennium Bank, in USA v. William Wise at the U. S. District Court for the Northern District of California.

Criminal Indictment for fraud and money laundering in USA v. William J. Wise, a Canadian national, and Jacquline Hoegel regarding Millennium Bank, which was licensed in St. Vincent and the Grenadines; United Trust of Switzerland SA, and Sterling Bank and Trust, which was "purportedly an international private bank managed and administered in Switzerland".

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.

Complaint in British American Insurance Company Limited, domiciled in the Bahamas, v. Robert Fullerton, Robert Fullerton, Brian Branker, Ramchand Ramnarine, Lawrence Duprey, Vishnu Ramlogan, Shiva Ramberran, Green Island Holdings, LLC, and Charles Pratt at the U. S. Bankruptcy Court for the Southern District of Florida.

Complaint in British American Isle of Venice (BVI) Limited, domiciled in the British Virgin Islands, and British American Insurance Company Limited, domiciled in the Bahamas, v. Robert Fullerton, Brian Branker, Ramchand Ramnarine, Shiva Ramberran, Green Island Holdings, LLC, and Charles Pratt at the U. S. Bankruptcy Court for the Southern District of Florida.

Government's Statement of Facts in USA v. Malchus Irvin Boncamper, Christopher Purser, Robert Steve Mills, Edmund Hugh Benton, William Ballachey, and Marc-Thibaud Duchesne at the U. S. District Court for the Southern District of Texas.

St. Kitts & Nevis-based offshore provider Malchus Irvin BonCamper has pleaded guilty to one count of conspiracy to commit laundering at federal court in Houston in connection with a scheme to sell fraudulent insurance policies to insureds in the United States.

Plea Agreement in USA v. Edmund Hugh Benton at the U. S. District Court for the Southern District of Texas.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in St. Vincent and the Grenadines by Graham Crabtree, as Foreign Representative of Safe Harbor Bank Ltd., at the U. S. Bankruptcy Court for the District of Massachusetts.

U. S. Government's Supplemental Response to Edward Hugh Benton's Motion appealing his detention order in a criminal action brought by the USA against Malchus Irvin BonCamper, Edward Hugh Benton, William Ballachey, Robert Steve Mills, Marc-Thibaud Duchesne, and Christopher Purser at the U. S. District Court for the Southern District of Texas.

Alleged fraudster Michael Guard rises to the top at dubious Capital Conservator Group; The sordid tale of disbarred Bahamas attorney Jan Ward; Arnold Forbes claims he intends to sue Canadian broadcaster CTV for implicating him in an alleged investment fraud; Stanford University Professor Dr. Thomas Kenney accepts advisory role with dubious offshore investment firm Cedrus Investments; and Cayman Islands-domiciled Alacrity Capital Offshore Fund and related parties are sued in a dispute over administrative fees.

St. Kitts & Nevis based accountant Malchus Irvin BonCamper, who has featured in several OffshoreAlert articles over the last 10 years concerning his involvement in illegal activity, is in custody in Texas after being criminally indicted on multiple counts of

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

Superseding indictment by USA against Malchus Irvin BonCamper, Christopher Purser, Robert Steve Mills, Edmund Hugh Benton, William Ballachey and Marc-Thibaud Duchesne for alleged insurance fraud and money laundering. 

Indictment by USA against St. Kitts and Nevis-based accountant Malchus Irvin BonCamper for alleged fraud.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Bahamas by Juan Lopez, a.k.a. John Lopez, as the Foreign Representative of British American Insurance Company Limited, at the U. S. Bankruptcy Court for the Southern District of Florida.

FirstCaribbean International Bank (Barbados) Ltd. has been ordered to pay damages of $180,000, plus $20,400 in costs, to a client in St. Vincent & the Grenadines for failing to honor six checks due to a mistake by the bank.The damages

A class action complaint has been filed against New York based financial services firm JPMorgan Chase & Co. on behalf of victims of a $68 million fraud allegedly perpetrated by Millennium Bank, an offshore bank that was licensed in St.

The Royal Bahamas Police Force has launched a murder investigation following the death on May 8, 2009 of Bahamas based offshore provider Hywel Jones, who had been in a coma since he was shot in the head 16 days earlier

A Receiver has been appointed for Millennium Bank, which is licensed in St. Vincent & the Grenadines, after the offshore bank was accused of perpetrating a $68 million Ponzi scheme by the United States Securities and Exchange Commission. Details of

Complaint in Jonathan David Christenbury v. Keithley F. T. Lake and First Fidelity Trust Limited at Nevis High Court.

An offshore bank that refused a Canada based couple's request to withdraw a US$50,000 deposit has been ordered to do so by a High Court judge in St. Vincent & the Grenadines. Details are contained in a summary judgment in

Verlin D. Swartzendruber, 66, became the latest person suspected of perpetrating an investment fraud through a Grenada-domiciled company to appear before a federal judge in the United States. Swartzendruber, a.k.a. Joseph Severin, was arrested in Texas on June 26, 2008 - 19 months after a warrant for his arrest was issued at the U. S. District Court for the District of North Dakota.

Default judgments totaling $106 million have been entered in the United States against offshore provider The Jeeves Group and related parties regarding an alleged tax-program-cum-Ponzi-scheme operated by one of its clients. The Jeeves Group has denied any wrongdoing to OffshoreAlert and claims the judgments are unenforceable in Liechtenstein, where the group is headquartered.

Former Canada-based offshore services provider Peter Sabourin and related parties, including companies he controlled in the British Virgin Islands and the Bahamas, have been ordered to pay $1.77 million in compensatory and punitive damages, plus costs and fees, to the victim of an investment scam they perpetrated; Creditors of St. Vincent and the Grenadines-licensed Horizon Bank International Limited (in liquidation) took a massive hit at Bermuda Supreme Court on March 31, 2008 when Justice Ian Kawaley awarded damages of $20 million against the bank for conspiracy to defraud and breach of fiduciary duty in a civil complaint filed by Canadians Allen Walsh and Hans Taal; and Alleging fraud, segregation and false reporting violations involving $562 million in client funds, the U. S. Commodity Futures Trading Commission filed a complaint against Sentinel Management Group Inc. (in bankruptcy) and two of its former officers, Eric Bloom and Charles Mosley, at federal court in the USA on April 28, 2008.

Several offshore-based parties have been named as defendants in two new civil lawsuits that were filed recently by alleged victims of what they claim was a $1 billion Ponzi scheme. They include legal entities and individuals based in Gibraltar, Hong Kong, the Isle of Man, Liechtenstein, St. Lucia, St. Kitts, St. Vincent & the Grenadines, and the United Kingdom.

Application for the appointment of a Commissioner to collect evidence for a criminal investigation into alleged theft by Dariusz Zyla and others.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in St. Vincent and the Grenadines by Malcolm Butterfield, Brian Glasgow, and Simon Whicker, as the Foreign Representatives of Tri-Continental Exchange Ltd., Combined Services Ltd., and Alternative Market Exchange Ltd., at the U. S. Bankruptcy Court for the Eastern District of California.

Article based on an application to collect evidence for a criminal investigation into alleged theft and money laundering - pursuant to a request for judicial assistance from St. Vincent & The Grenadines - that was filed at federal court in the USA on April 26, 2006. Individuals and businesses mentioned in the request for assistance include Rodger Dalrymple, Deborah Dalrymple, Paul's Tyre Shop, and National Commercial Bank (SVG) Ltd.

Application for the appointment of a Commissioner to collect evidence for a criminal investigation in St. Vincent & The Grenadines into Rodger Dalrymple for suspected theft and money laundering.

Letter to the Editor of Offshore Alert from Clifford Pitt, Founder of DIAK Bank.

Liechtenstein-based offshore provider Bryan Jeeves and his Jeeves Group of Companies have been named as defendants in more civil lawsuits alleging racketeering that have been filed at federal courts in the United States regarding South Carolina-registered Derivium Capital LLC; Ex-Bahamas resident and former Grenada diplomat Eric Resteiner is unhappy with the way a criminal action against him is proceeding at the U. S. District Court for the District of Massachusetts, where he is defending 42 counts of fraud and 18 counts of money laundering; and In a move that shames its counterparts in the United Kingdom, Japan and other countries in Europe and the Caribbean, the Hong Kong Securities and Futures Commission has reprimanded an investment broker and suspended its major shareholder and managing director for three years for “gross negligence” and “serious misconduct” in selling investment products connected with the Imperial Consolidated Group at a time when the group - which was based in the UK and Grenada- was widely known to be suspect.

Forty-six Norwegian parties are seeking evidence from a New York attorney as part of an attempt to recover millions of dollars allegedly defrauded from them in an investment scam.They filed a motion for the issuance of letters rogatory at the U. S. District Court for the Eastern District of New York, in Brooklyn, on November 18, 2005.

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.

The United States has applied to seize $7.81 million from two accounts at Bermuda Commercial Bank that are believed to be the proceeds of insurance fraud.It is part of an investigation into the activities of William A. Ledee Jr., who is currently out on bail of $500,000 pending a trial on two separate criminal indictments at federal court in the U. S.

Offshore investment firm Lines Overseas Management, which is headquartered in Bermuda and has offices in Cayman, the Bahamas and England, claims to have spent US$2.75 million over the last two years on legal fees concerning two securities fraud investigations into its activities by the Securities and Exchange Commission; The International Financial Services Authority in St. Vincent & the Grenadines has revoked these Class I banking licenses: Horizon International Bank Limited, on April 4, 2005; Transglobal Bank Limited, on April 13, 2005; and Triton Capital Bank Limited, on April 13, 2005; How times have changed. On May 26, 2005, something happened that would have been unthinkable when OffshoreAlert was launched in 1997: the Cayman Islands Government issued a press release lauding its co-operation with U. S. authorities in clamping down on financial crime and disclosing that Cayman Islands Chief Justice Anthony Smellie; and OffshoreAlert has unearthed yet another red-flag concerning GISBeX, a Costa Rica-based stock exchange that purports to specialize in securities offered under Regulation S of the Securities Exchange Act in the United States and operates from a web-site at www.gisbex.com.

The liquidator of a fraudulently-operated offshore bank has taken steps to prevent a California-based CPA from obtaining a "preferred" recovery.Marcus Wide, liquidator of Mariner International Bank, of St. Vincent & the Grenadines, filed a petition against Sandy Magid, as successor Trustee of the Alta Trust dated June 30,1999; Challenge Financial Services LLC, f.k.a. VanCleave Enterprises LLC, and Challenge Realty Inc., which are both incorporated in Nevada and based in Winter Park, Florida, at the U. S. Bankruptcy Court for the Middle District of Florida on May 31, 2005.

Letter to Bryan Jeeves from the Assistant Official Receiver regarding Casterbridge Properties Limited.

Letter to Maitre Jean-Mary Morin from the Assistant Official Receiver regarding the Hever Group of Companies.

Section 304 Petition for Assistance in Insolvency Proceedings in St. Vincent and the Grenadines by Marcus Wide, as the Foreign Representative of Mariner International Bank Ltd., at the U. S. Bankruptcy Court for the Middle District of Florida.

Order Concluding Public Examination of Bryan Jeeves regarding Casterbridge Properties Ltd. (in liquidation), issued at the UK High Court.

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.

Former Caribbean banker Thierry Nano, for whom there is an outstanding arrest warrant issued at the U. S. District Court for the Southern District of Florida in November, 2001, appears to be involved in a luxury yacht business based in the south of France; Surprisingly enough, given our focus on exposing hard-core, financial crime, OffshoreAlert's staff do not receive as many obscene telephone calls as you might expect; A spokesperson for the British Columbia Securities Commission told OffshoreAlert on February 8 that its staff had not applied for a contempt of court order against Lines Overseas Management at the British Columbia Supreme Court, as a BCSC panel had suggested in a ruling on an enforcement action on January 12, 2005; and Creditors of Terry Lindon who are seeking his assets in the wake of the collapse last June of U. K. litigation funding firm Invaro Ltd. ought to pay a visit to http://www.perfectplaces.com/vacation-rentals/a_Villa_Rentals/4314.htm, where they can see an advertisement for his villa in Machico, Madeira, Portugal, which is available for rent for $300 to $500 per night or $2,100 to $3,500 per week, depending on the season.