Letters to the Editor

Re: “Nevis — More dangerous than the most any US City”

October 16, 2006

Dear Sir Madam Re “Nevis — More dangerous than the most any US City”Please allow us to draw your attention to the above captioned matter. In the September 30th 2006 edition of Offshore Alert we noted the following extract published

‘Nevis does not have a high murder rate’, says resident

October 11, 2006

Dear Sir I read your magazine every month and I usually view your publication as accurate, insightful and current. However, in this month's issue, the story titled "Nevis Deals With High Murder Rate" made me question deeply my assumptions about

‘US Attorney has no evidence that I knew about alleged fraud,’ writes Clifford Pitt

January 5, 2006

Letter to the Editor of Offshore Alert from Clifford Pitt, Founder of DIAK Bank.

Banakor Swisse S.A. ats Attorney General of The Bahamas

December 23, 2005

Letter of complaint to OffshoreAlert from attorney Warren Tobias, representing Banakor Swisse and Joseph Castiglione.

‘Banakor Swisse is not a criminal enterprise,’ claims counsel

December 23, 2005

Letter to the Editor of OffshoreAlert from Warren Tobias, counsel for Banakor Swisse SA, complaining about "libellous and slanderous" article.

‘I was not an officer or director of SEGOES’, writes Rebeca Gonzalez

May 13, 2005

Letter to the Editor of OffshoreAlert from Rebeca Gonzalez regarding SEGOES Securities.

Kaweske’s claims about me are ‘totally fabricated’, writes former SEGOES officer

May 13, 2005

Letter to the Editor of OffshoreAlert from James Fontanetta regarding SEGOES Securities.

‘You’ve libeled and slandered us,’ claims Banakor Swisse

January 7, 2005

Letter to the Editor of OffshoreAlert from Andrea Pinder, of Banakor Swisse Financial Group of Companies.

‘Newt Utopia wrong about Isle of Man Investment Business Order’, says local regulator

November 3, 2004

Dear Mr Marchant We read with interest Issue 93 of Offshore Alert (31 October 2004), in particular, the article on the Isle of Man Investment Business Order 2004 under "Newt Utopia". This article has a number of inaccuracies contained within

‘Len Quick and I did not approve massive bonuses,’ writes AlphaStar CEO Stephen Crane

December 31, 2003

Letter to the Editor of OffshoreAlert from Stephen Crane, CEO of AlphaStar Insurance Group, formerly known as Stirling Cooke.

‘Bank of Bermuda loans were repaid in full, not written off,’ claim First Atlantic Commerce

October 10, 2003

Letter from Richard Horseman, of Wakefield Quin law firm, complaining about an OffshoreAlert article about his client, First Atlantic Commerce Ltd.

‘We’re not holding proceeds of crime,’ writes First Atlantic Commerce’s Andrea Wilson

September 15, 2003

Letter to the Editor of OffshoreAlert from Andrea Wilson, CEO, First Atlantic Commerce, regarding a fraud committed by Timothy Babuin.

‘Banc Caribe action has no adverse effect on our bank’, says NCB

August 25, 2003

Letter to the Editor of OffshoreAlert from National Commercial Bank of Dominica Regarding Banc Caribe.

The complicated world of Morison Anderson

January 30, 2003

Letter to the Editor of OffshoreAlert from Morison Anderson LLC.

‘I’m not chief trader of Sterling forex Fund,’ writes Igor Toshchakov

January 16, 2003

Letter to the Editor from Igor Toshchakov, of Igrok Trading International LLC.

OffshoreAlert has ‘saved readers and clients’ from fraudsters

November 26, 2002

Dear Sir, While reading a recent edition of OffshoreAlert, I was somewhat surprised to read certain criticisms of yourself and the publication to which I wish to respond. Your publication has saved many readers and clients from unscrupulous operators and

‘Marc Harris stole my mother’s savings’, says son

August 28, 2002

Letter to the Editor of OffshoreAlert from the son of an alleged victim of Marc Harris.

Marc Harris account ‘dormant since 1998’, says Georgia Pacific Securities

August 12, 2002

Letter to the Editor concerning Marc M. Harris from attorney Lee Tupper, of Tupper Jonsson & Yeadon, representing Georgia Pacific Securities.

‘Retract or face punitive damages’, demands Richmark Capital’s attorney

August 5, 2002

Letter to the Editor of OffshoreAlert regarding Marc Harris from attorney Steve Clemons, of Leggett & Clemons, representing Richmark Capital.

‘Thank you for the information about Imperial Consolidated fraud’, writes victim

July 29, 2002

Letter to the Editor of OffshoreAlert from a victim of the Imperial Consolidated Group.

‘John Rizzo doesn’t advocate tax evasion’, writes his attorney

July 22, 2002

Letter to the Editor of OffshoreAlert from J. David Hughes, an attorney representing John Rizzo.

‘Marc Harris defrauded my disabled son’, says Texas mother

July 9, 2002

Letter to the Editor of OffshoreAlert from Sandra Snouffer claiming that Marc Harris defrauded her disabled son.

‘We demand an apology’, says Sunclear Energy’s Randy Akers

June 30, 2002

Letter to the Editor of OffshoreAlert from Randy Akers, President, Sunclear Energy Inc.

‘Your reporting is not only unfair but ugly,’ complains ‘Dr.’ Keem Kalfon

February 25, 2002

Letter to the Editor of OffshoreAlert from "Dr." Keem Kalfon, faxed from 41 1 274 2715.

‘I was never an officer or director of Addison or Triology,’ writes Ron Usauskas

February 5, 2002

Letter to the Editor of OffshoreAlert from Ronald J. Usauskas regarding Addison International and Triology Fund.

‘Butterfield Bank stock performance better than reported,’ writes CFO

January 31, 2002

Letter to the Editor of OffshoreAlert from Richard Ferrett, Executive Vice President & Chief Financial Officer, Bank of Butterfield.

‘I never worked for the Bank of Bermuda’, says Michael Wheaton

August 24, 2001

Letter to the Editor of OffshoreAlert from Michael Wheaton, a Cayman Islands resident.

Eurofed Bank depositors are ‘ill-informed’, says Antigua’s chief AML officer

August 13, 2001

Letter to the Editor of OffshoreAlert regarding liquidation of Eurofed Bank from Wrenford Ferrance, Director - Office of National Drug Control and Money Laundering Policy.

‘Leave Imperial Consolidated alone’, pleads Jared Brook

July 18, 2001

Letter to OffshoreAlert from Imperial Consolidated Group principal Jared Brook pleading with us to stop exposing his fraudulently-operated Imperial Consolidated Group.

‘Stop prostituting your editorial integrity’, writes offshore provider

May 25, 2001

Letter to the Editor of OffshoreAlert from Nicolas Grant-St. James regarding Inter-Caribbean Business Management.

‘Never Let The Truth Get In The Way Of A Good Story’, writes Nigel Scott Grant

May 25, 2001

Letter to the Editor of OffshoreAlert from Nigel Scott Grant.

‘No business relationship between Merrion Re and Windsor Bank’, writes Darren Thomas

April 30, 2001

Dear Sir, RE: WINDSOR INTERNATIONAL BANK AND TRUST ("WINDSOR") Further to our brief discussion and your follow up e-mail request for information of 27th inst., concerning the relationship of Merrion Reinsurance Company Ltd. ("Merrion") and Windsor. There has not existed nor does there exist any business

‘You have a lust for defamation and destruction,’ writes offshore banker

April 27, 2001

Letter to the Editor of OffshoreAlert by Noel Tait, Chairman of Windsor International Bank & Trust.

‘Check your source,’ writes Nevis civil servant

April 4, 2001

Letter to the Editor of Offshore Alert from Laurie Lawrence, Permanent Secretary, Ministry of Finance, Nevis Island Administration.

PILL’s Pierre Gauthier: ‘Referrals demonstrate customer satisfaction’

March 31, 2001

Letter to OffshoreAlert from Pierre J. Gauthier, MBA, CFP, Managing Director, Prosper International.

OffshoreAlert is ‘an affront to the integrity of journalism’, says Windsor Int’l Bank & Trust chairman

March 7, 2001

Letter to the Editor of OffshoreAlert from Noel Tait, Chairman of Windsor International Bank and Trust Ltd.

PILL is ‘dishonest organization’, claims client

February 28, 2001

Letter to the Editor of OffshoreAlert from Bill Anderson, a disgruntled client of Prosper International League Ltd., a.k.a. PILL.

‘Retract or be sued,’ demands Imperial Consolidated

February 7, 2001

Letter from lawyer Richard Goldstein, on behalf of the fraudulently-operated Imperial Consolidated Group, threatening to sue OffshoreAlert for defamation.

Peter Hug: ‘I have no role with ASAP Services’

January 25, 2001

Letter to OffshoreAlert's editor from Peter Hug's attorney re. ASAP Services (Bahamas) securities offering.

‘I resigned of my own accord’, says ex-CEO of Sterling International Bank & Trust

February 1, 2000

Letter to the Editor from Paul Villeneuve, former CEO of Sterling International Bank & Trust.

Charles Homa ‘does not own Banc Caribe’, claims Managing Director

January 31, 2000

Letter to the Editor from Banc Caribe's Managing Director, David Pollock, falsely denying that Charles Richard Homa was a shareholder of Banc Caribe.

Alan Bird Syndicate’s attorney: ‘Stop Publishing arbitration ruling’

January 28, 2000

Letter to OffshoreAlert from attorney Michael Dobias, of Davies Arnold Cooper law firm, representing Lloyd's of London Syndicate 103, known as the Alan Bird Syndicate.

‘Gov’t mismanagement contributed to First Cayman Bank fiasco’, writes creditor

June 30, 1999

Letter to the Editor of the Caymanian Compass newspaper regarding First Cayman Bank.

‘Don’t contact us any more,’ writes LOM’s compliance officer

February 21, 1999

Letter to the Editor of OffshoreAlert from Scott Hill, of Lines Overseas Management, regarding coverage of LOM.

‘I see no evidence of fraud’, writes Grenada’s Chief Regulator

February 12, 1999

Letter to the Editor of Offshore Alert from Michael Creft, Grenada's Chief Regulator regarding the First International Bank of Grenada.

‘I see no evidence of fraud by FIBG,’ writes Grenada regulator Michael Creft

February 12, 1999

Letter to OffshoreAlert from Grenada's financial regulator Michael Creft regarding the First International Bank of Grenada, World Investors' Stock Exchange, Fidelity International Bank, International Exchange Bank, and International Deposit Insurance Corporation. Disturbingly, the letter was faxed to OffshoreAlert from FIBG's office.

‘Apologize and pay damages’, demands IDIC’s attorney

January 7, 1999

Letter to the Editor from Gerald Burton threatening to sue OffshoreAlert for libel on behalf of his client, IDIC, a fraudulently-operated offshore 'insurer'.

‘I was truthful,’ writes Clarendon’s Thomas Corteville

March 23, 1998

Letter to the Editor of OffshoreAlert from Thomas Corteville, of Clarendon Insurance Group.

Remarks about Turks & Caicos Islands ‘uncalled for’

December 30, 1997

Letter to OffshoreAlert's editor from John D. K. Lawrence, Superintendent, Financial Services Commission, Turks & Caicos Islands.

OffshoreAlert’s ‘misconceptions’ about Cayman tax co-operation

August 19, 1997

Letter to OffshoreAlert's editor from Nev Johnson, Press Officer, Foreign and Commonwealth Office trying to coorect "erroneous" rumours about the Cayman Islands being forced to co-operate with tax investigations. It later transpired that the "rumours" were accurate.