Britex International

The British Columbia Securities Commission has scheduled a hearing for December 10 11, 2002 to consider applications to vary asset freeze orders relating to accounts at the Bank of Montreal in Vancouver that were frozen in 2000 as part of

OffshoreAlert has received several inquiries over the last month from people around the world who have invested with Imperial Consolidated's offshore mutual funds. Some of them said they invested through a broker called Britex International, whose promotion of Imperial's funds

Rampart Securities, a Canadian stock brokerage which is said to be owed at least US$2 million by Atlas Securities of the Turks & Caicos Islands, has had its "membership rights and privileges" suspended by the Investment Dealers Association of Canada; Regulators in St. Vincent have revoked the Class I international banking license of Maxi Bank Inc.; A Canadian crook who goes by the name of 'Sir Daniel Kingsley Lear' has been involved in a bizarre tax fraud trial in Manitoba, Canada; Four more people have been sentenced for their involvement in a $64 million fraud carried out in the names of Hammersmith Trust, Microfund and Luxor Capital Markets; Bahamas-based Oceanic Bank and Trust Limited has opened a marketing office in London, England; and La Comisión Nacional de Valores in Panama has launched investigations into the activities of Morrison Cross Financial Investment Ltd. and Britex International Ltd.

Ned Richard Hart, who was criminally indicted on February 23, 2000 along with Nevis based offshore provider Raymond David Finzer and Christian G. Cooper, pleaded guilty to one count each of fraud and money laundering on May 21, 2001 at