Bahamas-based Suisse Security Bank & Trust is fighting two lawsuits in the United States which have resulted in $1.47 million of its assets being seized and another $3 million frozen. The bank is currently waiting for the outcome of an appeal against a default judgment in Florida in 1998 which will determine whether the seized $1.47 million has been lost forever.
Articles Bahamas Banks & Trusts Featured Fraud Investment Money Laundering USAJanuary 31, 2001
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Bahamas Banks & Trusts Fraud Investment Money LaunderingKeywords
Alexander Legault Bernard Wendy British Trade & Commerce Bank Carlos Mena George Hermann