Bank of the Nations

A United States national who once promoted the First International Bank of Grenada has been convicted of perpetrating a separate fraud through another offshore bank.Paul James Peiffer, of S. W. York Street, Beaverton, Oregon, was convicted of 25 counts of wire fraud, one count of making a false bankruptcy filing, and one count of false oaths on February 15, 2006 following a jury trial at the U. S. District Court for the District of Oregon.

A former director of the First International Bank of Grenada has been criminally indicted for a second time concerning another alleged offshore scam.The latest indictment against Robert Skirving was brought at the U. S. District Court for the District of Oregon on March 15, 2005 and amended on April 20, 2005.