Orasee Corp.

A U. S. Bankruptcy Trustee has asked a court to apply sanctions against a Bermuda-registered group closely associated with former Premier Sir David Gibbons. It is part of an attempt by Barbara B. Stalzer to recover assets that she claims were fraudulently transferred by the NimsTec group to avoid paying its debts.

Naïve or cynical? That was a logical question to ask of United States Senator Hillary Rodham Clinton and Governor George Pataki after they teamed up with suspected fraudster Jerry C. Nims, whose Bermuda based business failures have cost investors millions

The curse of American businessman Jerry Nims and his 3-D camera technology, whose many failures over two decades have cost Bermuda-based investors millions of dollars, has claimed another victim. NimsTec North America Inc. filed for voluntary bankruptcy at the United States Bankruptcy Court for the District of Georgia on November 6, 2000.