Hallmark Trust

Findings of Fact in Rothwell, Ltd., of the Cayman Islands, v. USA at the U. S. District Court for the Central District of California.

List of Witnesses and Exhibits in Rothwell, Ltd. v. USA at the U. S. District Court for the Central District of California.

Indictment of Philip Baker for alleged investment fraud involving the Lake Shore Group of Companies.

Ian Renert and his unlicensed Bahamas-based investment fund group receive $1.5 m in penalties in securities fraud action, London-based barristrer Lawrence Jones in messy legal battle with former fiancée, Keith King and the Dominican Republic's Central Bank, AT&T Corp. sues the Bahamas Tourist Office for an allegedly unpaid bill of $104,361, Royal Bank of Scotland refused to explain massive exposure to the Cayman Islands, civil complaints filed in the Turks and Caicos Islands against Professional Capital Ltd. and Intalco Management Ltd., US Government obtains order allowing it to seize $2.6 m of narcotics trafficking proceeds held at Barclays Bank (Bahamas), US Government applies to seize 55-feet catamaran passenger ferry called 'The Preference' moored in St. Vincent and the Grenadines, and Netherlands Antilles-domiciled Overseas World Marketing NV sues Motivational Marketing Inc. in Florida.

The Bank of Bermuda sacked 14 staff in June after catching them distributing pornographic e-mails, reported The Royal Gazette newspaper; Imperial Consolidated co-founders Jared Brook and Lincoln Fraser are close to being arrested by the Serious Fraud Office in the United Kingdom, according to the June 12, 2003 edition of 'Private Eye', a British satirical magazine; Meanwhile, UK-registered financial services firm Kingsbridge Holdings PLC has partly blamed its "very disappointing" loss of £1.397 million (US$2.3 million) for the six months ended February 28, 2003 on Imperial Consolidated; While owners of web-sites in the United States are legally protected against libel actions from people who believe they have been defamed on Internet message boards, that does not appear to be the case in the Cayman Islands; In the United States, where there is a tax protester, there is usually an illegal offshore investment scheme not far behind and Eddie Ray Kahn, who lives in Sorrento, Florida, is no exception; The British Virgin Islands Financial Services Commission issued a warning about Richmont Investments Inc. on April 10, 2003; Former Bank of Bermuda (Cayman) officer Marc Vanmarsenille, who lost his job in the aftermath of the Cash 4 Titles fiasco, is a defendant in a civil lawsuit filed at the Turks & Caicos Islands Supreme Court on November 7, 2002; At the same court, a lawsuit has been filed against TCI-registered Sealand Housing Corporation in an attempt to collect on a judgment awarded in the UK High Court; Two businessmen previously exposed in OffshoreAlert for their involvement in the sale and operation of sham offshore credit unions involving Nevis, Panama and the United States have each been sentenced to 25 years in prison, ten of which is suspended, for defrauding a 101-year-old woman out of her life savings; and If creditors of Bahamas-based Suisse Security Bank & Trust were wondering why the winding-up of the bank is taking so long, they should read the prelude to the recently-released written judgment by Bahamas Supreme Court Justice Austin Davis in which he turned down the bank's attempt to regain its banking license, which was suspended on March 5, 2001 and revoked on April 2, 2001.

An undischarged bankrupt, whose debts include $4 million owed to a now-defunct Cayman Islands bank, has resurfaced as a director of Grenada-registered Sterling International Bank & Trust. Robert Leroy Bandfield Jr., 56, known as 'Bob Bandfield', went into voluntary bankruptcy in his home state of Oregon on October 30, 1992 with assets of $282,681 and liabilities of $8,610,000.