Third Superseding Indictment in USA v. Gilbert A. Ziegler, a.k.a. Van A. Brink; Rita L. Regale, a.k.a. Rita Brunges; Douglas C. Ferguson, Robert J. Skirving, and Laurent E. Barnabe, a.k.a. Larry Barnabe, at the U. S. District Court for the District of Oregon.
Two more suspected fraudsters have been arrested in the United States in connection with the criminal activities of the First International Bank of Grenada group.Taansen Fairmont Sumeru, a.k.a. David Freeston, of Santa Barbara, California, and JeRu Harold Hall, a.k.a. Jerome
Second Superseding Indictment in USA vs. Gilbert Allen Ziegler, a.k.a. Van Arthur Brink; Rita Regale, a.k.a. Rita Brunges; Douglas Ferguson, Robert Skirving and Laurent Barnabe, a.k.a. Larry Barnabe, at the U. S. District Court for the District of Oregon.
Meridian Investment Bank, whose principals include a plumber and an officer with the Canadian Space Agency, has become the latest bank in Grenada to have its license revoked amid allegations of fraud.MIB's banking license was revoked effective September 4, 2001
Two more companies have listed on the sham Grenada-registered World Investors' Stock Exchange, bringing the total number of listed issuers to approximately 20. They are Bahamas-registered Alexander Development International Corporation and St. Vincent-registered Molecular Waste Technologies Inc.
Cayman Islands Immigration Board approves Ann Nealon's work permit for Walkers law firm by a vote of two to one; Banc Caribe potential target for Cash 4 Titles victims; Antigua assures USA that William Cooper will be extradited; Scott Oliver leaves Lines Overseas Management; and Hundreds of Caribbean immigrants living in the US and residents of Dominica lose $1.2 million in investment scam.
The First International Bank of Grenada, the International Deposit Insurance Corporation and the World Investors Stock Exchange this month failed in their bid to obtain a court injunction preventing Offshore Alert from continuing to report on their fraudulent activities.Attorneys representing these entities filed hundreds of pages of documents at the U. S. District Court for the Southern District of Florida in an effort to obtain an emergency injunction preventing Offshore Alert from continuing to report on their dubious activities.
If you ever needed proof as to how far the Russian mafia has infiltrated Antigua's government, you need look no further than Clare K. Roberts, who was Antigua's Attorney General until last year, and Steadroy Benjamin, Deputy Speaker of the House of Representatives; The Caribbean Bank of Commerce featured in an alert sent out by the Office of the Comptroller of the Currency to US banks and regulators on November 13, 1998 that advised that the bank was operating illegally from an address in the United States, namely 17 Chestnut Street, Ridgewood, New Jersey; Bermuda Supreme Court last month appointed the Official Receiver to take over the financial affairs of Bermuda attorney Julian Hall, who used to be an MP for the Progressive Labour Party when it was in Opposition; A French chateau hotel venture run by outspoken former Bermuda-based insurance boss Jonathan Crawley seems to be heading the way of several insurance companies he helped run; The name of Antigua-registered American International Bank, which is now in receivership after being mismanaged by its owner William Cooper and its CEO John E. Greaves, has cropped up in several official investigations into criminal activity involving money laundering; and The Cayman Islands government wasted yet more of the public's money by first obtaining a court injunction against the Cayman Free Press preventing its Caymanian Compass newspaper from reporting the contents of the government's agreement with telecommunications carrier Cable & Wireless and then inexplicably dropping the matter without any explanation just before a court hearing to hear the pros and cons of the case.
Offshore Alert's story about the banking/insurance scam that appeared in last month's edition of the newsletter has created quite a stir in the Caribbean. Several newspapers in the region followed up on the scandal, including those in Nevis, St. Vincent and Bermuda, and we received requests for assistance from the Royal Canadian Mounted Police and the the FBI.
Letter to OffshoreAlert from Grenada's financial regulator Michael Creft regarding the First International Bank of Grenada, World Investors' Stock Exchange, Fidelity International Bank, International Exchange Bank, and International Deposit Insurance Corporation. Disturbingly, the letter was faxed to OffshoreAlert from FIBG's office.
Offshore Alert has received two letters from attorneys threatening to sue us over the banking/insurance scandal involving World Investors Stock Exchange, International Deposit Insurance Corporation, First International Bank of Grenada, International Exchange Bank and Fidelity International Bank, that is exposed in the January 29, 1999 edition of Offshore Alert.
Avertisement from 'Vincent Lachmi' and 'Dr. Vincent Kumar' starts appearing on the Internet in connection with fraud perpetrated in the names of the International Deposit Insurance Corporation, the World Investors Stock Exchange, Fidelity International Bank, International Exchange Bank and the First International Bank of Grenada.
Offshore Alert can today expose a massive fraud involving at least three banks, an insurance company and a stock exchange into which investors are believed to have invested tens of millions of dollars. Participants in the scam include the World Investors Stock Exchange in Grenada, the International Deposit Insurance Corporation in Nevis, the First International Bank of Grenada, the International Exchange Bank, which is registered in either Nauru or Grenada but operated out of Bermuda and Texas; and Fidelity International Bank, which is registered in Nauru but operated from St. Vincent.
A Nevis company that purports to provide insurance for depositors at offshore banks may be a scam similar to one used to attract funds to the European Union Bank in Antigua that was closed down last year after fleecing investors of several millions of dollars, we can disclose. International Depositor's Reinsurance Corporation Ltd., which does business as International Deposit Insurance Corporation or IDIC, has all the hallmarks of a fraud. It is in breach of Nevis law by using the word 'Insurance' in its trading name and by passing itself off as an insurance company in its promotional literature at its web-site at http://www.depositinsurance.com.