Bahamian jailed for 20 years for $50 million fraud
Bahamian businessman George Wilson was this month sentenced to 20 years in prison by a Texas judge after previously being convicted of 18 offences relating to a $50 million dollar fraud.
Bahamas businessmen accused of money laundering
Bahamian businessman George J. Wilson, who is accused of money laundering and other serious offences in the US, was released from prison on March 11 and is not allowed to leave the US pending the outcome of his trial in Texas. His co-defendant in the criminal action, Bahamas attorney Norwood Rolle, is in the Bahamas and is considered to be a fugitive by the US authorities.