Gregory Bowen

Grenada Prime Minister Keith Mitchell is being sued in the United States by a victim of conman Eric Resteiner, from whom Mitchell allegedly accepted at least $1 million in bribes.A civil complaint was filed against Mitchell, his wife, Marietta Mitchell, and Resteiner at the U. S. District Court for the Eastern District of New York on June 11, 2007. The sole cause of action is fraudulent transfer.

Former Grenada diplomat Eric Resteiner has been sentenced to serve 87 months in prison and pay restitution of $34 million for carrying out an investment fraud. In accordance with a plea agreement reached with the 48-year-old conman 15 months earlier, prosecutors had only asked for a prison-term of 71 months but U. S. District Judge Nancy Gertner considered that to be “inadequate punishment”. 

Nearly three years after obtaining a default judgment for $44,143 against St. Kitts based offshore financial services provider M. Irvin BonCamper, MBNA America Bank NA has finally collected. Attorneys for MBNA acknowledged “full and complete satisfaction” of the judgment in

A 74 year old Colorado oilman who accused a Caribbean government minister of corruption in a recently filed civil complaint has been severely criticized by a judge in another case for using “odious tactics”.

The Harris Organization financial services group has been evicted from its offices in Panama City for non-payment of rent; The revocation of the banking license of Baltic Bank Ltd. earlier this year by the Offshore Finance Authority of St. Vincent and the Grenadines has been stayed by Justice Brian Alleyne, sitting in the local High Court, according to a source familiar with the action; The battle for control of $6.5 million of frozen assets of a now-defunct, Dominica-based Ponzi scheme known as Stock Generation is dragging on through the United States District Court for the District of Massachusetts; Grenada Prime Minister Keith Mitchell and several other members of his Cabinet have received an award of $200,000, plus legal costs of $10,000, after winning a libel action brought against local journalist Stanley Charles, businessman and radio talk show producer Eddie Frederick and Grenada Broadcasting Network; The Central Bank of Belize has issued warnings about two entities that may be incorrectly holding themselves out to be licensed financial institutions: Trinity Savings Bank and Goldman & Stein; A Bermuda resident has accused the island's biggest law firm, Conyers, Dill & Pearman, of charging exorbitant fees for taking two trustees off her will, reported The Royal Gazette newspaper; A new date of July 15, 2002 has been set for the resumed hearing in the Bahamas of the appeal brought by the directors of Suisse Security  Bank & Trust Ltd. against the decision of the Central Bank revoking SSBT's licence; and The lack of concern shown by the operators of the Financial Times web-site for the financial well-being of its visitors continues.