Omnicorp Bank, of St. Vincent, is attempting to convert from an offshore bank to an investment fund in an attempt to stave off liquidation.Canadian national Nelson Bayford, who controls the bank, has been approaching depositors requesting that they convert their interest from debt to shares, said two sources.
Articles Banks & Trusts Featured Fraud Liquidations & Insolvencies St. Vincent & the GrenadinesOctober 14, 2002
Omnicorp Bank attempts to restructure
15 years ago
TopicsBanks & Trusts Fraud Liquidations & Insolvencies St. Vincent & the Grenadines
KeywordsLiquidations & Insolvencies Nelson Bayford Omnicorp Bank