IALD Fund Services

Insider Talking: July 19, 2009

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

Anguilla court deals blow to credibility of local regulator

May 18, 2009

Anguilla Financial Services Commission suffered a blow to its credibility on April 6, 2009 when the local High Court struck out its application to appoint an administrator for ten companies associated with offshore provider Joseph Brice, who has been criminally

Insider Talking: February 13, 2009

February 13, 2009

On January 12, 2009, Bermuda and the USA signed a Mutual Legal Assistance Treaty, pursuant to which each country can formally apply to the other to obtain information for criminal investigations. The Bermuda Government lauded the agreement as "yet another

Anguilla trust officer charged with stealing US$950,000 from clients

January 15, 2009

A prominent offshore provider in Anguilla has been charged with misappropriating US$950,000 from a trust fund that he managed. The beneficiaries of the trust are believed to be non residents. Joseph Brice was arrested in Anguilla on January 7 and