The saying 'There's one born every minute' was never more evident than during a recent interview OffshoreAlert conducted with an Arizona-based creditor of Gilbert Ziegler, the chairman of the fraudulently-run First International Bank of Grenada; The depths to which The Oxford Club's parent, Baltimore-based Agora Inc., will stoop to attract new business seemingly knows no bounds; In the book the Sovereign Individual, which is co-authored by Lines Overseas Management shareholders Lord William Rees-Mogg and James Dale Davidson, there is a paragraph on Page 188 that seems to advocate an illegal act when advising readers on asset protection; Although we published a list of shareholders for Bermuda-based financial services firm Lines Overseas Management last month, the identities of many of the beneficial shareholders was hidden through companies; We reported last month on an alleged fraud being committed by Threshold Insurance Services, which is an apparently bogus insurer being operated by The Harris Organization of Panama and being investigated by banking and insurance regulators in Florida. We learned this month that official records in Panama show that the company has now been dissolved; and Accounting firm Deloitte & Touche, which is liquidating First Cayman Bank, is still forecasting a pay out of 45 to 55 cents on the dollar.
Articles Bermuda Cayman Islands First International Bank of Grenada Grenada Marc Harris Panama USAApril 30, 1999
Insider Talking: April 30, 1999
24 years ago
KeywordsAgora, Inc. Arthur Morris Bermuda Management Holdings Bill Bonner Brian Lines
Charles Kempe Cyril Rance Donald Lines First Cayman Bank First International Bank of Grenada Frank Penny Gilbert Ziegler Graham Collis Highlander Club Insider Talking James Dale Davidson Jonathan Strawder Lines Overseas Management Malcolm Moseley Marc Harris Oxford Club Scott Lines Sir John Swan Sovereign Ministries International St. Georges Trust Company Susan Wilson Threshold Insurance Services William Rees-Mogg[ 23 more... ] [ top 5 ]