Jon Isaacs

    Banakor Swisse insider Ted Chadwick charged with fraud in Canada

    A senior officer with the Bahamas based Banakor Swisse financial group has been criminally charged with fraud in his native Canada concerning an alleged high yield investment scam.Ted Chadwick, a 77 year old Canadian national residing in Beeton, Ontario, was

    Insider Talking: April 6, 2006

    Nicolas Eugene Grant St. James charged with cannabis possession in UK, a look at the record of criminal-friendly judge Jon Isaacs in the Bahamas, liquidator of Suisse Security Bank and Trust charges creditors extra if they want to receive his creditors' reports, long after denying it, Marcus Queree acknowledge's fraudster Robert Raven's involvement in the group of companies known as 'Sidera'; and a look at CFTC Chairman Reuben Jeffery III's role in one of the biggest insurance frauds in history.

    Bahamas judge unfreezes fraud group’s assets, invites it to apply for damages

    An attempt by the Attorney General of the Bahamas to confiscate the criminal proceeds of securities fraud firm Banakor Swisse S.A. spectacularly backfired last year after the group supplied the court with false information and the judge chose to believe the fraudsters over regulators and law enforcement agents. The AG obtained an order at Bahamas Supreme Court freezing the group's assets at The Royal Bank of Scotland (Bahamas) Ltd. on December 8, 2004 - just a few weeks after OffshoreAlert first exposed Banakor. However, after Banakor submitted affidavits that are replete with inaccurate and misleading information, Justice Jon Isaacs reversed his decision on June 13, 2005 and even awarded the crooks costs and invited them to apply for damages.