Offshore banker implicated in investment fraud scheme

By David Marchant

22 years ago

Topics

Keywords

Alan Weed Banco BanCrecen SA Bank One Clifford Pitt Cloverdale Trust Services Ltd.

Diak Bank Ekiu Figueroa First International Service Co. Janet Bach-Bergman Leon Harte Mary Anne Gough Michael Bergman New Frontier Bank Norman Schmidt O’Neal Webster O’Neal Myers Fletcher & Gordon Peter Moss PILL USA Prosper International League Rebecca Taylor Redstone Castle Reserve Foundation Trust Weed Agency

[ 17 more... ] [ top 5 ]

Offshore banker Clifford Pitt, who heads DIAK Bank, which is licensed in Grenada but appears to be managed in St. Vincent & the Grenadines, has been implicated in a fraudulent “high-yield” investment fraud.
Pitt assisted Leon F. Harte and Norman Schmidt in a scheme to defraud Colorado-based individuals and institutions out of approximately $20 million, according to the U. S. Government.

- You're only seeing part of this content
  
  To view the entire article or download the document, subscribe today.
  
  - Offshore Courts: 29,000+ court cases (Bahamas, Bermuda, BVI, Cayman Islands)
  - Investigative Articles: 4,500+ in-depth articles, including fraud exposés
  - MLATs - Criminal: 1,400+ MLATs on global criminal investigations
  - Ch. 15 - Insolvencies: Monitored daily
  - Foreign Discovery: Applications for foreign discovery filed in the USA, monitored daily
  - Regulatory Actions: Global regulatory actions, fines, and bans, monitored daily
  - And More: Criminal indictments, extraditions, winding-up petitions, and more
  
  Unlimited access for less than $3/day.
  
  Cancel anytime.
  
  SUBSCRIBE
- SIGN IN
  
  Forgot your password?

BECOME A SUBSCRIBER

Daily red flags in high-value international finance

Unlimited access. No contracts. Cancel anytime.