Ex-FIBG promoter convicted of separate offshore bank scam

A United States national who once promoted the First International Bank of Grenada has been convicted of perpetrating a separate fraud through another offshore bank.Paul James Peiffer, of S. W. York Street, Beaverton, Oregon, was convicted of 25 counts of wire fraud, one count of making a false bankruptcy filing, and one count of false oaths on February 15, 2006 following a jury trial at the U. S. District Court for the District of Oregon.