Exchange Bank and Trust

    • Home
    • Exchange Bank and Trust

    SHOWING:

    1 to 6 of 6 results
      

    Sort By:

    Search

    Filter By:

    Topics

    Jurisdictions

    show more show less

    Allegations

    Terry Neal arrested on suspicion of tax evasion

    December 31, 2002
    Offshore services provider and asset protection author Terry Leroy Neal has been arrested and jailed in Oregon after a criminal complaint accused him of making false statements in his personal tax returns filed with the IRS.Neal was arrested on December 27, 2002—one day after a criminal complaint was filed against him at the United States District Court for the District of Oregon, in Portland, which is Neal's home-town.

    Insider Talking: November 30, 2002

    November 30, 2002
    The British Columbia Securities Commission has scheduled a hearing for December 10 11, 2002 to consider applications to vary asset freeze orders relating to accounts at the Bank of Montreal in Vancouver that were frozen in 2000 as part of

    Philip Johnston identified as President of offshore firm accused of fraud

    December 31, 2001
    Evidence has emerged that the President of a 'paper' offshore securities firm accused of fraud in the United States was attorney Philip W. Johnston, a Canadian who once had a law firm in the Turks & Caicos Islands.Details of Johnston's alleged involvement in TCI-registered Carib Securities Ltd. is contained in a civil lawsuit that is on-going at the United States District Court for the Southern District of Florida.

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

    October 31, 2001
    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.

    Judgment entered against client of Terry Neal’s Exchange Bank and Trust

    June 30, 2001
    A client of Exchange Bank and Trust, which is operated illegally in Nevis by Terry Neal-controlled Nevis American Trust Company, has lost a stock fraud lawsuit filed by the SEC in the United States.Judgments were entered against Stephen C. Sayre, Independent Financial Reports Inc. and Silver Screen Industries Inc. at the US District Court for the Central District of California on May 24, 2001.

    Regulators freeze assets of bank controlled by Terry Neal

    May 31, 2000
    A Nauru-registered bank that is operated out of Nevis by offshore provider and author Terry Neal is at the centre of a major stock fraud investigation in the United States and Canada.Investigators allege that Exchange Bank and Trust helped launder millions of dollars from illegal trading in US stocks through bank and brokerage accounts in Vancouver and Nevis-registered entities.