Anne Gregory

Grenada-Montenegro banker plays down links to Melchizedek

A principal of two offshore banks has told OffshoreAlert that he no longer has anything to do with the Dominion of Melchizedek, despite his name appearing on literature associated with the fake nation.Peter Drakoulakos, who heads Euro Credit Bank A.D., of Montenegro, and Euro Caribbean Bank Ltd., of Grenada, was once listed as the South American "Ambassador" for Melchizedek on its web-site.

Insider Talking: September 30, 2000

As 51-year-old British businessman Leslie Wingham scours the world for places to park millions of dollars allegedly defrauded from clients of Antigua-based Accord Insurance, it is worth taking a look at his none-too-pretty business record over the years; We can report further news on Dominica-based British Trade & Commerce Bank, which acknowledged in our July 31 edition that it was experiencing liquidity and other problems due to having some of its assets frozen in Canada and because of an alleged credit card fraud against the bank; American Eric Resteiner, who bought Viktor Kozeny's luxury home in Lyford Cay in the Bahamas not too long ago, has vacated the property after failing to meet mortgage payments and is believed to be now living in either Switzerland or Cairo, said a source; We recently received another fax from 'Anne Gregory' of The Finance Merchants Group, which purports to sell offshore bank charters from a base in the Bahamas; and We reported last month on how DIAK Bank was being operated without a license in St. Vincent by 'minister of religion' Clifford Pitt and was offering depositors annual interest rates of 25-35 per cent. We have since learned that these rates are peanuts compared with the returns of five per cent per month or 90 per cent annually being offered for five-year certificates of deposits by its sister company, DIAK Asset Management Company Ltd.

Insider Talking: June 30, 2000

Finance Merchants Bank sells 'paper' banks for between $29,000 and $100,000 each, Imperial Consolidated Securities threaten litigation against individual members of the Bahamas Securities Commission, wheels falloff Bahamas-registered International Financial Privacy Association Ltd., liquidators for the Bank of Credit and Commerce International Overseas Ltd. announce third payout to creditors, First Cayman Bank creditors receive first dividend of 25 cents in the dollar.

Insider Talking: November 30, 1998

Apart from The Harris Organization of Panama, other financial services providers promoted by Florida-based attorney and offshore author Arnold Goldstein have less than distinguished records over recent years, OffshoreAlert can disclose; After responding to an advertisement in the International Herald Tribune that invited readers to call a Bahamas telephone number for details about obtaining an offshore banking licence without any qualifications, we were faxed details of various licences available; The Bahamas Government appears to have changed its mind about how it should privatize the Bahamas Telecommunications Corporation; The Securities Industry Bill, which will, inter alia, provide for the establishment of a Bahamas International Stock Exchange, was introduced to the House of Assembly this month; and the liquidators of First Cayman Bank try to collect $1 million from former Cayman government minister McKeeva Bush.

Insider Talking: October 31, 1998

A funny thing happened a few days after our expose of The Highlander Club in last month's Offshore Alert. I received from them a spam letter - sent a week before we published - stating "Congratulations You have been approved