Nearly $5 million belonging to the government-controlled National Commercial Bank of Dominica has been frozen in the United States after an offshore bank client was found to be in contempt of court.The U. S. District Court for the Northern District of Illinois froze $4,793,472 at NCB's correspondent account at the Bank of America in Miami, Florida on July 9, 2003.
Articles Banc Caribe Banks & Trusts Dominica Featured Fraud Investment Liquidations & Insolvencies USAJuly 31, 2003
US court freezes assets of Dominica Gov’t-controlled bank
20 years ago
TopicsBanks & Trusts Dominica Fraud Investment Liquidations & Insolvencies
KeywordsBanc Caribe Cash 4 Titles Charles Richard Homa David Pollock Ferdinand Hoischen