Offshore Alert can this month reveal further disturbing details about the massive financial fraud that is being committed on the island of Grenada in what appears to be a joint effort between the island’s government and the private sector. What is currently taking place in Grenada mirrors what happened in Montserrat in the late 1980s when approximately 300 ‘paper’ banks established with phantom capital defrauded foreign clients of tens of millions of dollars before eventually being closed down by the UK police in 1989/90.
Articles Banks & Trusts Bribery & Corruption Featured First International Bank of Grenada Fraud Government & Politicians Grenada Insurance Investment Meridian Investment Bank Michael Creft Money Laundering TaxJanuary 31, 2000
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Banks & Trusts Bribery & Corruption Fraud Government & Politicians GrenadaKeywords
First International Bank of Grenada Founders Brokerage Services Inc. Granite Registry Services IDIC Meridian Investment Bank