Concordia Corporate Services

Canadian attorney Martin Chambers has been sentenced to 15 years and eight months in prison for his role in an offshore money laundering scheme. Chambers, 64, was also fined $20,000 and ordered to forfeit $95,000, representing that portion of the $700,000 in cash that he took from undercover officers and agreed to launder but failed to return.

Stock promoter Kevan Garner was sentenced to 87 months in prison at the U. S. District Court for the Southern District of Florida on March 25, 2003 after previously pleading guilty to money laundering. Garner, a Canadian national, is currently out on bail and must surrender to the authorities by May 27 to begin his jail-time.

Bahamas based accountant Michael Hepburn has been released on $100,000 bond at federal court in Miami, where he has been indicted on five counts of money laundering.Hepburn, 52, posted bond on September 5, 2002 and is residing at his daughter's

OffshoreAlert has received a complaint that a client of Barbados-based Keywest Swiss Investment Bank is unable to redeem approximately $200,000 placed with the bank.Keywest Swiss Investment Bank Inc. was licensed in Barbados on January 25, 1995 under the Offshore Banking Act, according to the Central Bank of Barbados.The Central Bank stated that KSIB's directors of record are Garet O. Finlayson, Barbara Y. Hepburn,  Harold R. Longley, Robert L Morris and Cecil A. B. Smith.