Axiom Legal Financing Fund promoter caught up in new investment scandal
Isle of Man-based offshore services provider Bob Easton, who promoted the fraudulently-operated Axiom Legal Financing Fund, is embroiled in another investment scandal.
New lawsuits filed against Mutual Risk Management
Three new civil lawsuits - one in Bermuda and two in the United States - have been filed against members of the Mutual Risk Management group.On July 30, 2002, Aegis Corporation and Principal Insurance Managers filed an action against Mutual Indemnity (Bermuda) Ltd. at Bermuda Supreme Court.
More firms list on dubious World Investors’ Stock Exchange
One of the First International Bank of Grenada's partners in crime, the Grenada-based World Investors' Stock Exchange, has stepped up its efforts to part the public from their savings. The shares of seven new companies were listed on WISE this month to go with the only other previous listing, that of EcoMed International, which we recently revealed had a false prospectus.