Ward Young

Bermuda police have recommended that 55 year old Canadian money manager Dr. Hans Black be criminally prosecuted for allegedly defrauding a client of $6 million.Black, whose Montreal based Interinvest group reportedly manages over $2 billion from offices in Canada, Bermuda,

Offshore banker and oil tycoon John Deuss has been released on $10 million bail in Bermuda - three days after his arrest as part of an investigation into alleged money laundering and other financial crimes.Deuss, a 64-year-old Dutch national who has resided in Bermuda since the 1970s, has agreed to waive extradition to the Netherlands, where he is wanted for questioning about alleged money laundering and other financial crimes.