Investors who were defrauded in the Cash 4 Titles Ponzi scheme can expect to receive a dividend of approximately one-third of their recognized losses, according to Philip Stenger, the SEC Receiver responsible for administering claims; Four offshore companies and their registered agents have been trying to prevent their local regulator in the Turks & Caicos Islands from having access to their records; Also at the TCI Supreme Court, John E. Rutley Jr. has filed a lawsuit against Timothy Prudhoe, Christian Papachristou, Melbourne Wilson and Stephen Wilson, sued as and on behalf of the partners of McLeans law firm, formerly McLean McNally; Financial criminals operating in six offshore centers in the Bermuda-Caribbean region can breathe more easily next year with news that the Miami, Florida-based White-Collar Crime Investigation Team, is being disbanded on March 31, 2004 due to the withdrawal of funding by the United Kingdom government; The capacity of sales people for UK-based due diligence information provider World-Check to tell outrageous lies to potential customers in an attempt to secure a sale appears to know no bounds. FirstRand, the South African parent of Ansbacher (Cayman) Ltd., has agreed to pay 25 per cent of the amount being sought by the Irish government to cover the costs of an offshore tax investigation carried out by a panel known as the McCracken Tribunal, reported the Irish Examiner newspaper on December 19, 2003; and The Australian Securities & Investments Commission has obtained an interim order appointing a receiver over Queensland-based Comcash Australasia Pty Ltd., which it claims was operating an unregistered investment scheme in conjunction with SMC Corporation, of Dominica.
Articles Australia Cayman Islands Ireland Turks & Caicos Islands United Kingdom USA World-CheckDecember 31, 2003
Insider Talking: December 31, 2003
19 years ago
TopicsAustralia Cayman Islands Ireland Turks & Caicos Islands USA [ 1 more... ] [ top 5 ]
KeywordsAnsbacher Barcelona Investments Ltd. Can-Asia Capital Group Cash 4 Titles Christian Papachristou
Comcash Australasia Pty Ltd. David Leppan FirstRand Insider Talking John Rutley, Jr. Logberg Corporate Services Melbourne Wilson Michael John Muckan Morris Cottingham Corporate Services Ltd. Muir Woods Investment Group Richard Clayton Jackson Sharland Stephen Wilson Stick Capital Inc. Timothy Prudhoe World-Check[ 15 more... ] [ top 5 ]