Johnny Johnson

Nearly six months after an arrest warrant was issued against him at federal court in California on suspicion of fraud, fugitive offshore banker Johnny Johnson was named as a defendant in a criminal indictment.Johnson and co defendant Bich Quyen Nguyen

A warrant for the arrest of notorious offshore banker Johnny E. Johnson was issued at the U. S. District Court for the Central District of California on April 9, 2010.Johnson and co defendant Bich Quyen Nguyen have each been charged

SEC's Witness List in a civil complaint against Sun Empire LLC, Sun Investment Savings and Loan, Delilah Proctor, Johnny Johnson, Empire Capital Asset Management, and ECAM, LLC at the U. S. District Court for the Central District of California.

Receiver's Ex Parte Motions for Orders in a civil complaint filed by the Securities and Exchange Commission against Sun Empire, LLC, ECAM LLC, Empire Capital Asset Management, Delilah Proctor, Shauntel McCoy, Sun Investment Savings and Loan, Bich Quyen Nguyen, and Johnny Johnson at the U. S. District Court for the Central District of California.

Criminal Complaint filed by the USA against Johnny Johnson and Bich Quyen Nguyen at the U. S. District Court for the Central District of California.

Offshore banker Johnny Johnson, who has managed three offshore banks closed down by regulators in the Cayman Islands, Antigua and Grenada, has been implicated in another financial scandal. The United States Securities and Exchange Commission has accused him of helping

Insureds of British Virgin Islands based Boston Life and Annuity Company Ltd. (in liquidation) have won an important legal victory in their attempt to recover $11 million they claim was defrauded from them in a scheme allegedly masterminded by US

A jury in Texas has awarded 41 investors clients damages of $8.8 million, plus annual interest of 8.25% backdated to December 12, 2002, against Atlas Financial Group Ltd. and Atlas Private Trust Ltd., which collapsed in the Turks and Caicos

An offshore financial services group that wound down its Bahamas-based business following legal action by the United States Government has resurfaced in Panama and England under a new name.Prosper International League Limited, widely known as PILL, has dismantled its web-site at www.pill.net and morphed into Alliance Asset Management, which has a site at www.allianceasset.com.

In all of the hullabaloo surrounding the collapse of the Euro Bank trial in Cayman after the judge determined that the island's senior anti-money laundering officer, Brian Gibbs, had lied and destroyed evidence, it was easy to overlook a snippet in Gibbs' November 26, 2002 witness statement about Johnny Johnson; An order for the extradition of offshore banker William Cooper from Antigua to face a money laundering indictment in the United States was thrown out by a judge in Antigua on January 13, 2003 because the application was made before an extradition treaty between the two countries was ratified and before money laundering was criminalized on the Caribbean island; Edouardos Stamatiou, whose Argentina-based firm Tucuman Land Holdings Ltd. received £151 million ($237 million) of the $345 million defrauded from clients of the Imperial Consolidated Group and won't give it back, is a former principal of The Cayman Financial Brokerage House, which … surprise, surprise … was forcibly closed down in October, 1999; Another post-Imperial Consolidated scam, known as Property International, is in financial trouble after not very long in business; And, to conclude our segment on Imperial Consolidated, we have been passed the name of yet another company which allegedly brokered client funds into the fraudulently-operated group - Lighthouse Strategies; Canadian national David Voth has been fined CDN$12,000 in Canada for failing to file tax returns; Bahamas-based Suisse Security Bank & Trust, which is in provisional liquidation, has asked a U. S. judge to order two parties who unsuccessfully sued the bank in New York to place $1.3 million into court to cover its legal fees and damages; Trading on the over-the-counter market of shares in a company that Bermuda-based Lines Overseas Management was helping to do a reverse take-over of has been temporarily suspended pending an investigation by the Securities and Exchange Commission in the United States; and Famed U. S. attorney Johnnie Cochrane may be helping to broker a settlement in the long-running battle for control of the assets of Eurofed Bank in Antigua.

The Bermuda Development Company Limited vs. Johnny Johnson - Bermuda Supreme Court

Grenada licensed AvantGuard Bank and Trust Ltd. has gone into voluntary liquidation following a review of its operations by accounting firm PricewaterhouseCoopers, acting on behalf of Grenada's Ministry of Finance. Pierre Gauthier, a spokesman for the bank, told OffshoreAlert on

In secret court hearings held in Antigua, the island's government has been trying to seize all or most of the $76 million of assets recovered so far in the liquidation of Eurofed Bank Ltd., we can reveal.The government is claiming the assets under its anti-money laundering laws on the grounds that they are the proceeds of criminal activity by former Ukraine Prime Minister Pavlo Lazarenko, 48.

The Bahamas-based multi-level marketing group Prosper International League Ltd., known as PILL, has promised to review the wording of a new marketing initiative after OffshoreAlert pointed out apparent inaccuracies and misrepresentations.

Antigua-registered Eurofed Bank Ltd. has been placed into receivership by the island's regulators over its suspected involvement in money laundering. Eurofed, which also has a banking license in Grenada, went into receivership on or around November 15 after being implicated in a scandal involving Pavlo Lazarenko, a former Prime Minister of the Ukraine.

Antigua-licensed Eurofed Bank has been taken off a Warning Circular issued on April 15, 1999 by the Canadian Office of the Superintendent of Financial Institutions. The list contains the names of 227 entities against which the OFSI has had "some form of inquiry or complaint" and which may be operating illegally in Canada.