Poland: Gedania
Application for the appointment of a Commissioner to collect evidence for a criminal investigation into Marek Pawlowski for the alleged misuse of management responsibilities while serving as President of Gedania.
Saddam’s Laundry: How western money managers ran the offshore network that bankrolled Iraq’s war machine
Switzerland, Liechtenstein, Panama and the Bahamas were key elements in the offshore shell company and money-laundering schemes that bankrolled Saddam Hussein for more than 20 years.And Saddam used the same offshore money launderers as Osama bin Laden. His offshore network hid the money skimmed from government oil sales and collected in kickbacks. It was used to pay for Saddam's secret agents and security forces, reward domestic and foreign friends, and buy arms during international embargos.Â
Latin America Round-Up: July 31, 2004
CENTRAL AMERICA:Â Gang on Trial; CHILE: Riggs Case Prompts an Investigation; COSTA RICA: Bank Busted; ECUADOR: Filanbanco's Twisted Trail; GUATEMALA: Portillo's Associate on the Line; and MEXICO:Â Construction Blues.
Venezuela seeks evidence from US banks for investigation into bank regulator
Article based on an application to collect evidence for a criminal investigation into alleged fraud and corruption - pursuant to a request for judicial assistance from Venezuela - that was filed at federal court in the USA on June 30, 2004. Individuals and businesses mentioned in the request for assistance include Banco Capital CA, Jose Alejandro Roja Ramirez, Banco Espirito Santo, Espirito Santo Bank, Inversiones Westfalia, Inversiones NBK, CA, Servicios CA, Inversiones 23697 CA, Waterfield Investment Inc., Consorcio Partenon, CA, Westfalia Investments, Citibank, and Fleet Bank, NA.
Belarus requests evidence in Delawae for corruption investigation
Article based on an application to collect evidence for a criminal investigation into alleged corruption - pursuant to a request for judicial assistance from Belarus - that was filed at federal court on March 26, 2004. Individuals and businesses mentioned in the request for assistance include AG Shloida, SA Dmitriev, IE Semenov, MN Parkhamovich, EK Matousevich, Lymington Corporation, Buell Management LLC, Crowson Co., Distant Horison Company, Paprabell Enterprises LLC, Idabel Holding Ltd., Guardian LLC, Trans Atlantik LLC, Nix Engineering LLC, Domineer Company LLC, Willits LLC, Future Sun Ltd. Ultra Alliance LLC, Constans Trading LLC, Larsand Trading LLC, Delfa Group LLC, Goldstep Trading Ltd., Baltbana M, Intrastsisten, Unex Line LLC, and Queen Lake.
Panama investigates counterfeit ID card ring
Panama has requested evidence in the United States as part of a criminal investigation into the alleged sale of counterfeit national identification cards. The cards, which, inter alia, allow holders to vote, were being sold for $250 each if they
Latin America Round-Up: June 30, 2004
ECUADOR: All Against Corruption?; INTERNATIONAL: The Riggs Bank Scandal; PARAGUAY: The return of the President; A 'No Trial' for Banco Oriental; and PERU: Something is Brewing; Americans Banned from AeroContinente.
Belarus seeks evidence in Delaware for investigation into suspected corruption
Article based on an application to collect evidence - pursuant to a request for judicial assistance from Belarus - that was filed at federal court in the USA on June 14, 2004. Individuals and businesses mentioned in the request for assistance include Belarusian Steel Works, Univers Project Inc., and VEF Bank.
Cambridge Real Estate Corp. Ltd.: Corporate Information
Corporate Information for Cambridge Real Estate Corp. Ltd., Obtained from Cayman Islands Registrar of Companies on June 15, 2004
Belarus: GD Zheltko
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Belarus into GD Zheitko for alleged embezzlement of funds by abusing his authority while serving as Director General of the State Unitary Foreign Trade Enterprise 'Belvneshpromservice'.
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Belarus: Belarusian Steel Works(2)
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Belarus into alleged corruption involving the Belarusian Steel Works.
Freeze order against offshore accounts tied to former Ukraine PM Pavlo Lazarenko
A United States court has issued an order freezing offshore bank accounts associated with former Ukraine Prime Minister Pavlo Lazarenko which are believed to contain approximately $273 million. A restraining order was granted by the U. S. District Court for
Grenada PM lashes out after publication of bribery article
Last month's article in OffshoreAlert about an allegation that Grenada Prime Minister Keith Mitchell accepted a $500,000 bribe from German fraudster Eric Resteiner has caused uproar on the island. As news of the story began to circulate in the country,
Second ex-Grenada diplomat indicted in the United States
United States national Eric Resteiner has become the second former diplomat of scandal plagued Grenada in six months to be criminally indicted in the United States.Resteiner, once a General Ambassador for the Caribbean island, was indicted on 33 counts of
USA v. Funds on Deposit at Bank Julius Baer & Co. et al: Complaint
Complaint in USA v. All Funds on Deposit at Bank Julius Baer & Company, Ltd., Credit Suisse (Guernsey) Limited, and Eurofed Bank Limited in the names of Pavlo Lazarenko, Pavel Lazarenko, Samante Limited, and Alexander Milchenko at the U. S. District Court for the District of Columbia.
Mexico: Gustavo Ponce Melendez
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Mexico into Gustavo Ponce Melendez for alleged embezzlement and corruption while serving as Secretary of Finance for the Federal District Government.
Russia seeks evidence in Maryland for corruption investigation
Article based on an application to collect evidence for a criminal investigation into alleged corruption - pursuant to a request for judicial assistance from Russia - that was granted by the U. S. District Court for the District of Maryland on February 24, 204. Individuals and businesses mentioned in the request for assistance include VI Gorlov, and Final Analysis Inc.
Latin America Round-Up: April 30, 2004
ARGENTINA: Menem 'suffering' in exile; Carrousel of bank executives accused; BOLIVIA: Two more bank employees in the dungeon; COLOMBIA: Trust us, we're the Police; PARAGUAY: González Macchi's process grows; Journalists and presidential pressure; and REGIONAL: Latin American presidents: A catalogue of abuse.
Grenada Prime Minister denies bribery allegation
Grenada Prime Minister Keith Mitchell has denied accepting $500,000 for appointing a United States fraudster to a diplomatic position.An allegation that Mitchell received a cash pay-off at Eric E. Resteiner's home in Switzerland in 2000 has been made by Resteiner's former Director of Security, Timothy Lee Bass, a U. S. national now residing in Illinois.
Latin America Round-Up : March 31, 2004
ARGENTINA Good banks, bad banksElisa Carrió - leader of the Alternative for a Republic of Equals (ARI) party - warned the government in a letter that Merrill Lynch & Co. and Barclays Plc, two of the three banks picked by
US indicts another Grenada offshore banker – Richard Hinkle
Yet another operator of a Grenada licensed offshore bank has been indicted in the United States.Richard Henry Hinkle, 39, was indicted on 19 counts of fraud and 40 counts of money laundering at the U. S. District Court for the
Insider Talking: March 31, 2004
A company formed by British investment fraudsters Lincoln Fraser and Jared Brook to disrupt the administration liquidation of their failed Imperial Consolidated Group, including perpetrating an asset recovery fraud against Imperial's investors, is about to go the way of most,
Belarus: AG Shloida
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Belarus into SA Dmitriev, AG Shloida, IE Semenov, MN Parkhamovich, EK Matousevich, and customs inspectors identified only by their last names of Sassinovich, Skoroulsky and Nechaev for alleged bribery and customs fraud.
Zambia seeks evidence in USA for investigation into former President Frederick Chiluba
Article based on applications to collect evidence for a criminal investigation into former Zambia President Frederick Chiluba - pursuant to a request for judicial assistance by Zambia - that were filed at federal courts in the USA on December 10, 2003, December 12, 2003, December 19, 2003, and January 7, 2004. Individuals and businesses mentioned in the request for assistance include Frederick Jacob Titus Chiluba, Xavier Franklin Chungu, Stella Chibanda, Atan Shansonga, Bede Mphande, Bombardier Aerospace Corporation, Aero Toy Store, Inc., and Blue Water Aviation, Inc.
Russia: VI Gorlov
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Russia into VI Gorlov for suspected abuse of authority while serving as Deputy Chief Designer, Designer's Office, at Polyot.
Bermuda Gov’t suspected of whitewashing alleged $1 b money laundering scheme
A James Bond-like tale involving allegations of corporate espionage, bribery, corruption, and a Bermuda Government whitewash of a suspected $1 billion money laundering scheme is unfolding in a U. S. court.
Among the cast of characters are Russia's Telecommunications Minister, Leonid Reiman; a Bermuda-based, so-called mutual fund in which Reiman appears to be the only investor and which he may have used to launder the proceeds of corruption, IPOC International Growth Fund Ltd.; IPOC's banker, fund administrator, custodian, and accountant, Bermuda Commercial Bank; IPOC's Bermuda representative and provider of various services, including directors and officers, Wakefield Quin; the firm appointed by Bermuda's Minister of Finance to investigate IPOC, KPMG Financial Advisory Services Ltd.; and Diligence LLC, a Washington, D.C.-based intelligence-gathering firm that is headed by a former officer of the U.K. Security Service known as MI5 and whose advisors include a former Director of the CIA and the FBI.
Jury finds former Canadian Space Agency engineer guilty of fraud involving offshore bank
Former Canadian Space Agency engineer Serdar Kalaycioglu has been found guilty of fraud involving an offshore bank and a bogus mutual fund following a jury trial in the United States that spanned seven weeks.
After 21 days of hearing testimony and four days of deliberations, the jury found 40-year-old Kalaycioglu guilty of 11 counts of wire fraud and one count of conspiracy to commit wire fraud at the U. S. District Court for the Southern District of Florida.
United Kingdom: Stephen Peter Rayment et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the United Kingdom into Stephen Peter Rayment and others for alleged fraud and corruption regarding the London Underground.
Zambia: Frederick Jacob Titus Chiluba et al (Florida)
Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Zambia - for a criminal investigation into Frederick Jacob Titus Chiluba, Xavier Franklin Chungu, Bede Mphande, Stella Mumba Chibanda, and Atan Shansonga for suspected corruption and theft.
Prosecutors push for sentencing in bizarre case involving Yank Barry
The U. S. Government has filed a motion asking a federal judge to sentence Yank Barry, an offshore promoter, and James Collins, a former Executive Director of the Texas Department of Criminal Justice.
More than 28 months after they were both convicted of conspiracy, bribery and money laundering at federal court in Houston, Texas on August 20, 2001, Barry and Collins have still not been sentenced.
Zambia: Frederick Jacob Titus Chiluba et al (Texas)
Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Zambia - for a criminal investigation into Frederick Jacob Titus Chiluba, Xavier Franklin Chungu, Stella Chibanda, Atan Shansonga, Bede Mphande and Faustin Mwenya Kabwe for suspected corruption and theft.
Ukraine: Valeriy Serhiyovych Kodru
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Ukraine into Valeriy Serhiyovych Kodru for alleged embezzlement and corruption.
Latin America Round-Up: November 30, 2003
ARGENTINA More incriminating data against MenemFormer Iranian spy Abolghasem Mesbahi confirmed from Berlin in a videotaped interview at the AMIA trial taking place in Buenos Aires that an alleged envoy sent by Carlos Menem requested $10 million in exchange for
Mikhail Khodorkovsky: ‘The richest crook in Russia’
A business group headed by Russia's richest man, Mikhail Khodorkovsky, who was arrested in October for allegedly defrauding the state of $1 billion, stashed money in offshore centers, including Switzerland, Luxembourg, the British Virgin Islands, the Seychelles, Panama and the Bahamas, according to Yelena Collongues-Popova, who worked for one of Khodorkovsky's associates. Lucy Komisar, a New York investigative reporter who is writing a book about the offshore banking and corporate secrecy system, interviewed Collongues-Popova. This is her story.
Latin America Round-Up: October 31, 2003
COSTA RICAMoney laundering on the rise A report by the Drug Enforcement Administration identifies an increase in Costa Rica's vulnerability to money laundering. According to the report, the real estate sector has become one of the favorite ways of laundering
Ex-BVI Gov’t minister Andrew Fahie investigated for money laundering
A United States federal court has granted a request for judicial assistance regarding a criminal investigation into a former member of the British Virgin Islands Government and his banking officer wife.The targets of the investigation are Andrew Alturo Fahie, 33, who was the BVI's Minister of Education & Culture until a change of government in June of this year, and his wife, Sheila E. Fahie, a.k.a. Sheila Fannie, Sheila Romney, 36, an officer with Banco Popular in BVI.
British Virgin Islands: Andrew Fahie et al (Terrance B. Lettsome Airport Investigation)
Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from the British Virgin Islands - for a criminal investigation into suspected fraud, theft, and money laundering by Andrew Fahie and his wife, Sheila Fahie, involving the expansion and improvement of the Terrance B. Lettsome International Airport.
Latin America Round-Up: September 30, 2003
CHILEInverlink debacle goes on Former Scotiabank employee Gino Tirapegui, and former BBVA employee Juan Pablo Prieto and Inverlink's Larry Fletcher have been indicted for fraud related to the Inverlink case. They are part of a group of twenty people, including
Trinidad & Tobago: Namcaran Singh et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Trinidad & Tobago into Namcaran Singh, Cosmas Bonaparte, Horace Blake, Robert Paladino and others for alleged corruption.
Latin America Round-Up: August 31, 2003
ARGENTINA: Circle around Menem narrower; COSTA RICA: Costa Rica becoming popular; ECUADOR: No foreign holidays for Noboa; MEXICO: Pressure mounts over big banks; NICARAGUA: Alemán in prison: PANAMA: Marc Harris' friends in Panama in trouble?; and PARAGUAY: González Macchi ordered to stay put.
Witness claims attorney paid him not to testify
A stock promoter claims he was paid CDN$10,000 not to testify at a money laundering trial that is currently being held in Miami in which the defendants are Canadian attorney Martin Chambers and Bahamas accountant Michael Hepburn.Kevan Garner, of Vancouver, told prosecutors the payment was made on behalf of Chambers through an intermediary, Barry Mann. There is no suggestion that Hepburn was involved.
Czech Republic: Jan Pur
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the Czech Republic into Jan Pur, a public official, for alleged corruptio.
Panama to investigate alleged corruption regarding Marc Harris
Panama's government is to carry out an investigation into allegations of corruption involving its own officials and offshore crook Marc Harris, according to the local media.
President Mireya Moscoso announced on August 6 that a Commission would be appointed to conduct the inquiry, reported La Prensa newspaper.
Slovenia: Boris Sustar et al
Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Slovenia - for a criminal investigation into Boris Sustar, Bostjan Soba, and Stanislav Droljc for alleged corruption.
Latin America Round-Up: July 31, 2003
ARGENTINA, PARAGUAY and URUGUAY: Banco General de Negocios, Multibanco, Banco Comercial sagas continue; NICARAGUA and PANAMA: Following Marc Harris' steps in Nicaragua; PANAMA and COLOMBIA: Colombian scandal affects Panama; and PERU: Kroll unable to find Fujimori's money so far.
Netherlands: HR Hilber
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the Netherlands into HR Hilber into alleged bribery and tax fraud.
Pavlo Lazarenko released from prison pending trial
Former Ukraine Prime Minister Pavlo Ivanovich Lazarenko, who allegedly secretly controlled an offshore bank called Eurofed, has been released from prison in California.
After more than two years in custody pending trial on 53 counts of money laundering, fraud and transportation of stolen property, Lazarenko was allowed out on "conditional release" in an order dated June 11, 2003 at the United States District Court for the Northern District of California.Â
Latin America Round-Up: May 31, 2003
ARGENTINA Bad start for new president Néstor Kirchner, an obscure provincial governor, became Argentina's president elect by default when former President Carlos Menem withdrew alleging that there was "a systematic slander campaign" against him. Menem is on trial for several
Former Government scam buster sentenced to six months in prison
A United States Treasury officer whose job involved warning the public about investment fraud has been sentenced to six months in prison after he admitted receiving $15,000 in return for providing information to someone who turned out to be a fraudster.
James Lynn Kramer-Wilt was sentenced on May 12 at the U. S. District Court for the District of Eastern Texas. He is due to begin his prison term on June 23, 2003. Kramer-Wilt had pleaded guilty to one count of "willful receipt of unlawful compensation from a source other than the executive branch of the United States Government".
Offshore fund head John Lipton arrested in Costa Rica
A man who headed an offshore fund that collapsed last year amid allegations of impropriety has been arrested in Costa Rica and criminally charged with fraud.
United States national John Sherman Lipton, who has homes in Costa Rica and California, was taken into custody in early May, according to a report in A. M. Costa Rica on May 14, 2003.
