Failed hedge fund Evergreen Security has recovered $3.7 million from Bahamas-based Surety Bank & Trust Ltd. (in liquidation).
The recovery represents funds that were allegedly stolen by Thomas Spencer and Robert Boyd, who were founders of Evergreen and shareholders of the bank.
Articles Bahamas Banks & Trusts British Virgin Islands Featured Fraud Investment Liquidations & Insolvencies USAMarch 17, 2005
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Bahamas Banks & Trusts British Virgin Islands Fraud InvestmentKeywords
Evergreen Security Liquidations & Insolvencies Robert Boyd Surety Bank & Trust Thomas Spencer