USA

SHOWING:

15401 to 15450 of 16192 results
  

Sort By:

Search

Filter By:

Topics

show more show less

Jurisdictions

show more show less

Allegations

show more show less

Lithuania: Vincas Valkavickas

January 25, 2002
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Lithuania into Vincas Valkavickas who is suspected of participating in theOctober 7-8, 1941 slaughter of Jewish people at the barracks of the former military camp near Svencioneliai in Lithuania.

Enron Re Ltd.: Section 304 Petition

January 18, 2002
Section 304 Petition for Assistance in Insolvency Proceedings in Bermuda by Malcolm Butterfield and Anthony McMahon, as the Foreign Representatives of Enron Re Ltd., at the U. S. Bankruptcy Court for the Southern District of New York.

Italy: Antonio Centrone

January 17, 2002
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Italy into alleged tax evasion by Centrone Pietro & Figli.

Turkey: Ridvan Kilic et al

January 14, 2002
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Turkey into Ridvan Kilic, Besir Tan and Sabahattin Tan for alleged forgery.

Poland: Dariusz Wiera

January 4, 2002
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Poland into Dariusz Wiera or alleged fraud.

Robo Enterprises files for bankruptcy

December 31, 2001
An oil and gas company which was promoted as an investment opportunity at Institute of Global Prosperity conferences has filed for bankruptcy amid allegations of fraud.Robo Exploration Inc., a.k.a. Robo Enterprises Inc., filed for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the Western District of Kentucky on October 23, 2001.

Stirling Cooke name change halted due to clash

December 31, 2001
Goldman Sachs-controlled Stirling Cooke's proposed name change to Atlantic Star Insurance Group Ltd. has been halted at the eleventh hour after it was discovered the name clashed with an existing firm. Curious as to why the company had not yet effected a name change that was approved at Stirling Cooke's AGM as long ago as May 23, 2001, InsideBermuda asked Stirling Cooke for an explanation.

Insider Talking: December 31, 2001

December 31, 2001
Anglo American Bank has had its banking license reinstated by the Grenada International Financial Services Authority; Nevis-based offshore provider Robin Cotterell recently established an insurance company called Old Pacific Insurance Ltd.; Former Lines Overseas Management (Cayman) salesman Scott Oliver has popped up in Costa Rica as President of 'Somerset, Tighe and Campbell', which describes itself as a firm of "professional investment advisors" at its web-site at www.offshorecostarica.com; Inter Caribbean Business Management/Global Dominion Group in Nevis, which has been accused by at least one client of not redeeming her investment, has left Nevis and also closed down its web-sites; and Vladislav Popovic, the director of Richard & Partners, which is accounting firm Pannell Kerr Forster's representative in Montenegro, has confirmed that his firm has never carried out any auditing work for Montenegro-licensed Goldstar Commercial Bank AD, as claimed by the bank's principal, Gerardo Rodriguez Reynante, who is based in Uruguay.

Everest Re seeks to have arbitration ruling overturned

December 31, 2001
Everest Reinsurance Company, whose parent company is domiciled in Bermuda, is being sued in Texas by an insurer seeking to enforce an arbitration award.American National Insurance Company filed the lawsuit at the United States District Court for the Southern District of Texas on December 7, 2001.

XL Capital and PartnerRe report Enron losses

December 31, 2001
XL Capital and PartnerRe had at least two things in common in December - they both announced large exposures relating to the collapse of Enron Corp. and they both filed shelf registration statements with the SEC.The registrations will allow them to sell up to $2.1 billion worth of securities, with XL accounting for $1.5 billion of that amount and PartnerRe $600 million.

Carolina Re is forced into liquidation

December 31, 2001
Losses from the World Trade Center terrorist attack have claimed their first victim in Bermuda, with the forced liquidation of Carolina Reinsurance Limited.Carolina Re was a Class 3 insurer that was formed in Bermuda in 1984 and managed by Westbroke Ltd., which is operated by the law firm of Conyers, Dill & Pearman.

First Cayman Bank loot used to pay off fraud judgment, claim liquidators

December 31, 2001
Part of the estimated $5.5 million allegedly looted from the First Cayman Bank/Gulf Union Bank group in 1997 went to satisfy a $1.75 million fraud judgment in the United States, according to the liquidators.The fraud had been committed by Sheikh Abdus Shimmy Qureshi and his now defunct Florida firm Escue Management Inc., it was alleged.

Grenada-Montenegro banker plays down links to Melchizedek

December 31, 2001
A principal of two offshore banks has told OffshoreAlert that he no longer has anything to do with the Dominion of Melchizedek, despite his name appearing on literature associated with the fake nation.Peter Drakoulakos, who heads Euro Credit Bank A.D., of Montenegro, and Euro Caribbean Bank Ltd., of Grenada, was once listed as the South American "Ambassador" for Melchizedek on its web-site.

Evergreen Trustee wants offshore trust company to turn over documents

December 31, 2001
OffshoreAlert reported last month that R.W. Cuthill, Jr., the Trustee of Evergreen Security Ltd., had filed an Adversary Proceeding against Costa Rica-based Intrados S.A. at the United States Bankruptcy Court for the Middle District of Florida, where Evergreen has been in bankruptcy since January 23, 2001.

Man swindled $1 m from investors in Nevis ‘hedge fund’, claims SEC

December 31, 2001
A 26-year-old man defrauded 14 investors of approximately $1.17 million through a scam involving a Nevis-registered "hedge fund", according to a complaint filed in the United States by the SEC.Peter W. Chabot raised the funds from June, 1999 to December, 2001 but, instead of putting it into 'The Synergy Fund', he used it to fund his "extravagant lifestyle", according to the complaint.

Philip Johnston identified as President of offshore firm accused of fraud

December 31, 2001
Evidence has emerged that the President of a 'paper' offshore securities firm accused of fraud in the United States was attorney Philip W. Johnston, a Canadian who once had a law firm in the Turks & Caicos Islands.Details of Johnston's alleged involvement in TCI-registered Carib Securities Ltd. is contained in a civil lawsuit that is on-going at the United States District Court for the Southern District of Florida.

John Mathewson lawsuit moved from Illinois to Texas

December 31, 2001
A civil lawsuit filed by Leon Denning against his former Cayman Islands-based banker, John Mathewson, has been moved from Denning's home state of Illinois to Texas, where Mathewson resides.

Austria requests evidence in Florida for New Bank-related criminal investigation

December 31, 2001
New Bank Ltd., which was operated in St. Vincent by the Nano family, has featured in a criminal investigation in Austria, according to documents filed in a Florida court.Details of the matter are contained in an application to collect evidence - pursuant to a request for judicial assistance from Austria - that was filed at the United States District Court for the Southern District of Florida on November 14, 2000.

Unlicensed offshore ‘credit unions’ offer high yield products to members

December 31, 2001
A United States firm has been forming IBCs in Panama and selling them to North Americans at a huge mark-up on the basis that they are "financial institutions", OffshoreAlert can reveal.At least five of the IBCs are currently offering investment products and services from web-sites hosted in Montana or the Bahamas even though none holds a license.

Spain: Pedro Morillas Casas

December 26, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Spain into Pedro Morillas Casas and others on suspicion of forging documents and committing tax offenses.

Poland: Mariella LLC

December 13, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Poland into Mariella LLC for suspected tax fraud.

Italy: ISS Research

December 11, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Italy into ISS Research for allegedly illegally distributing Human Growth Hormone.

Poland: Artur Stradomski

December 10, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Poland into Artur Stradomski for alleged check forgery.

Belgium: Volodis Asatjrans et al

December 6, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Belgium involving Volodis Asatjrans and others. This action was filed under seal. Although the action was unsealed by the court on September 26, 2006, the court filings have gone missing. The court informed OffshoreAlert on October 14, 2010 that the file was being held not by the court but by the U. S. Attorney and, therefore, was not available.

Carolina Reinsurance Ltd.: Section 304 Petition

December 5, 2001
Section 304 Petition for Assistance in Insolvency Proceedings in Bermuda by Gareth Hughes and John McKenna, as the Foreign Representatives of Carolina Reinsurance Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

Newt Utopia: November 30, 2001

November 30, 2001
Bahamian financial woes The economy stinks and it's getting worse. The once thriving downtown area along Bay Street has empty buildings and those with merchandise have 50% off sales and "going out of business" sales. The huge gap left by

Former AFC Re owner sued for return of loans from investment fraud firm

November 30, 2001
A fund manager whose interests have included a Bermuda reinsurer and a Bahamas bank is being sued for $8.5 million by the Bankruptcy Trustee of a fraudulently run offshore investment firm.The defendants are Atlantic Portfolio Analytics and Management Inc., a.k.a.

World Trade Center leaseholder sues ACE and XL Capital

November 30, 2001
The leaseholder of the World Trade Center this week filed suit against ACE Ltd. and XL Capital Ltd. in November seeking to force them to resolve disputes over insurance claims relating to September 11. Larry Silverstein is asking the court

Overseas Development Bank & Trust facing liquidation

November 30, 2001
An application may be made to wind up Dominica based Overseas Development Bank & Trust in the first week of December if it does not honor a demand for payment from a creditor, we have been told.Attorney Michael Bruney told

St. Vincent: Money Talks and Nano Walks

November 30, 2001
A claim by St Vincent &the Grenadines that it is serious about combating financial crime was dealt a blow on November 22 when it allowed suspected money launderer Thierry Nano to avoid an arrest warrant.Nano flew from the island on

Four offshore bankers arrested, two more on the run

November 30, 2001
Four offshore bankers were arrested by United States law enforcement agencies in November and charged with money laundering.Two more have also been charged with money laundering but are still at large after warrants were issued but not executed.Those arrested were

Italy: Marco Bourelly et al

November 29, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Italy into Marco Bourelly and Fausto de Berardinis for alleged bank fraud.

Netherlands: Giovannie M. M. de Jesus Van Ierland et al

November 29, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the Netherlands into Giovannie M. M. de Jesus Van Ierland and others for alleged narcotics trafficking and money laundering.

Russia: Sergei Nickolayevitch Sidorenko

November 26, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Russia into Sergei Nickolayevitch Sidorenko for suspected fraud.

India: Gejjagaraguppe Vidyaraj

November 20, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in India into Gejjagaraguppe Vidyaraj, described as "a descendant of the royal family of the Vidyanagar Empire" who inherited precious gems and rubies valued at $2.5 billion and allegedly moved them to the United States in violation of Indian law.

France: Henri Duval et al (Illinois)

November 19, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in France into Henri Duval, Jean Fouquet, Annie Delettre, Jean-Yves Secher, Pascal Cornu, Eric Abgrall, Gilles Berthon, Emmanuel Malfaisan, The Association of Auditors Commission and others for "illegal practices in the auditor profession, forgery and the use of forgeries, and breach of trust.

Italy: Illegal Importation and Sale of Hormones via the Internet

November 15, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Italy into unknown persons for allegedly illegally and without authorization importing into Italy and selling dangerous products containing hormones.

Italy: Armando Cultrera et al

November 14, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Italy into Armando Cultrera, Vincenzo Cultrera, Carmela Cultrera, Roberto Cultrera, Isabella Albergo, Franco Giardano, Sonia Bonazzi, Loredana Capuano, Roberta Papini, Gianna Laura Boccaforno, Ettore Ragozzini and Mirella Tromba for alleged fraud.

Australia: Robert Flavel

November 14, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Australia into the alleged importation of cocaine into Australia aboard marine vessels Tvareg and Maeva Chiqui in January and December 1998, respectively.

Italy: Centrone Pietro & Figli

November 5, 2001
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Italy into Centrone Pietro & Figli for alleged fraud.

Insider Talking: October 31, 2001

October 31, 2001
More has become known about the re branding of the First Nevisian Group, which is now known as The FN Group, and the partial move from Nevis to the Dominican Republic, where its "strategic partner" is H. E. Partners, which