Emerald Financial Group

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Allegations

Bermudian Arliss Francis sued for daughter’s ‘unpaid legal fees’

Bermudian businessman Ronald Arliss Francis is being sued for $250,000 in allegedly unpaid legal fees owed to law firm Mello Jones & Martin for defending his daughter and son-in-law against criminal charges concerning their now-defunct Emerald Financial Group.

Insider Talking: July 19, 2009

Bermuda based husband and wife financial advisors were charged with stealing $360,000 from one of their companies, Emerald Capital International Ltd., and laundering the proceeds during a hearing at Bermuda Magistrates Court on July 9, 209. David Bolden, 44, a

Emerald Financial Group

Press Release by the Bermuda Monetary Authority that it has initiated winding-up proceedings against three licensed companies in local investment group, the Emerald Financial Group in conjunction with the Registrar of Companies.