Stuart Dack

Two Cayman Islands financial institutions - Cayman National Securities Ltd. and Cayman National Trust Co. Ltd. - today pleaded guilty at federal court in New York to conspiring with U.S. taxpayers to evade taxes on income earned from more than $130 million hidden in offshore accounts.

Plea Agreement in USA v. Cayman National Securities Ltd. at the U. S. District Court for the Southern District of New York.

Plea Agreement in USA v. Cayman National Trust Co. Ltd. at the U. S. District Court for the Southern District of New York.

Press Release by Cayman National Corporation Ltd. announcing settlement of tax fraud investigation by the U. S. Department of Justice.