A Bahamas-based business operated by Mohamad Harajchi and his son, Michel Harajchi, that was exposed in the October 31, 2006 edition of OffshoreAlert has stopped accepting new business; Andreas Ihrke has agreed to be extradited from the United States to Germany, where he has been charged with fraud and falsification of documents; British newspaper The Daily Telegraph reported on December 23 that the U. K. Government “is set to announce within weeks an amnesty scheme for tax evaders who have stashed money in offshore bank accounts"; OffshoreAlert has uncovered a securities fraud complaint that was filed - and later dismissed - at the U. S. District Court for the District of Nevada in 2003 against a company that has featured prominently in the newsletter in recent months, Bermuda-based River Capital Limited; A Costa Rica-based brokerage firm has reached a settlement with the British Columbia Securities Commission after admitting to unregistered trading to B. C. residents; and Bancafe International Bank Ltd., which is the fifth largest unsecured creditors of bankrupt commodities broker Refco, with a claim for $204 million, had its operations closed by the Central Bank of Barbados, effective October 23, 2006.
Articles Bahamas Barbados Bermuda Canada Costa Rica Germany Guatemala United Kingdom USAJanuary 7, 2007
Insider Talking: January 7, 2007
16 years ago
TopicsBahamas Barbados Bermuda Canada Costa Rica [ 4 more... ] [ top 5 ]
KeywordsAndreas Ihrke Bancafe International Bank Ltd. Barclays CFM Offshore David Kinane
Donald Williamson Howard Taylor Insider Talking Jason Cope John McKenberry Michel Harajchi Mohamad Harajchi River Capital Limited SAL Oppenheim et Cie Sandy Glucksman Sports Resorts International Steven Kessler Strategic Resources International Inc. Tidal Holdings Ltd. Wellington Trading Group, SA[ 15 more... ] [ top 5 ]