Danesh Varma

Caribbean-based Loyal Bank and its two British managers, Linda Bullock and Adrian Baron, have been criminally indicted in the U.S. for allegedly laundering the proceeds of securities fraud.

Bermuda police have recommended that 55 year old Canadian money manager Dr. Hans Black be criminally prosecuted for allegedly defrauding a client of $6 million.Black, whose Montreal based Interinvest group reportedly manages over $2 billion from offices in Canada, Bermuda,