Brian Stuart-Young

    • Home
    • Brian Stuart-Young

    SHOWING:

    1 to 9 of 9 results
      

    Sort By:

    Search

    Filter By:

    Topics

    Jurisdictions

    show more show less

    Allegations

    Antigua’s Global Bank of Commerce misses deadline to satisfy $10M+ judgment

    An offshore bank in Antigua and Barbuda - Global Bank of Commerce - has missed a January 6th deadline to satisfy a judgment equating to more than $10 million owed to Canadian depositor Jack Stroll, triggering a stipulation that now makes the bank's CEO, Brian Stuart-Young, personally liable for the full amount.
    Brian Stuart-Young Global Bank of Commerce

    Antigua’s Global Bank of Commerce sued by depositors ‘unable to withdraw $12M’

    Antigua-based offshore bank Global Bank of Commerce and its CEO, Brian Stuart-Young, are being sued by two depositors who claim they are unable to withdraw $9.2 million and £2.7 million from their accounts. Remarkably, the country's Prime Minister, Gaston Browne, described the depositors as "greedy" for attempting to withdraw their own funds.

    Bruce Rappaport sells shares in offshore bank

    The Bank of New York's one-time biggest single shareholder, Bruce Rappaport, no longer controls shares in Antigua-licensed Global Bank of Commerce Ltd., formerly known as Swiss American Bank Ltd.Antigua's International Financial Sector Regulatory Authority approved a change of ownership at a meeting on December 18, 2001.

    Insider Talking: September 30, 2002

    The Imperial Consolidated fraud has taken a further turn for the bizarre with the distribution in September of several press releases, masquerading as news stories, by a newly incorporated British company called Matrix International (Management) Ltd., whose commercial address is

    Antigua advisor attacks US Advisory against island’s offshore industry

    One of the architects of Antigua's new anti-money laundering laws has written to the US Treasury protesting its recent issuance of an Advisory warning that all transactions with Antiguan financial institutions should be treated as suspicious. US-based attorney Carlos E. Loumiet conceded that there were "a few shortcomings" in Antigua's new legislation but he claimed the US had ignored the "numerous positive changes in bank supervision in Antigua and Barbuda over the past two years designed to clean up the offshore banking sector in that country".