Edward Durante

    • Home
    • Edward Durante

    SHOWING:

    1 to 3 of 3 results
      

    Sort By:

    Search

    Filter By:

    Topics

    Jurisdictions

    Allegations

    Terry Neal tries to renege on sentencing deal

    Former offshore services provider Terry Neal and three co-defendants have had their sentencing delayed pending a review of a U. S. Supreme Court opinion that federal sentencing guidelines are unconstitutional.

    Terry Neal’s bank named as a relief defendant in stock fraud lawsuits

    A Nauru-licensed bank that is operated from Nevis was used to launder most of the more than $30 million in profits from a fraudulent stock trading ring, it has been alleged.Exchange Bank and Trust, which is operated by Terry Neal's Nevis American Trust Co., has been named as a relief defendant in three of four related lawsuits filed by the SEC in the United States.

    Sterling International Bank fails to unfreeze assets

    An offshore bank has failed to unfreeze US$540,000 of its assets that were frozen at the Bank of Montreal in Vancouver by the British Columbia Securities Commission as part of a stock fraud investigation. The provisional liquidator of Nauru-registered Sterling International Bank Inc., Graham R. Whiteside, had applied for the funds to be released so that he could proceed with the liquidation of the bank.