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.
A company linked with former Bermuda Premier Sir David Gibbons is involved with a fresh attempt to raise capital for a product that has lost investors tens of millions of dollars over two decades of failure. Nevada-registered i3Dx.com, which is a front for Bermuda-based NimsTec Limited, registered 100 million shares with the SEC on November 12, 1999.