International Financial Privacy Association

Insider Talking: November 30, 2001

November 30, 2001

Imperial Consolidated founders Lincoln Fraser and Jared Brook have been given additional time to wind up their business affairs before their four year disqualification as company directors in England and Wales becomes effective. A judge sitting at Blackpool County Court

Prosecutors press ahead with kidnapping charge despite victim’s suicide

November 30, 2001

Prosecutors in Canada say are likely to proceed with kidnapping charges against three men, including a Bahamas resident, despite the suicide of the person they allegedly kidnapped.Geoffrey Hamilton Warne, 41, who has been implicated in an offshore investment fraud, died

TCI regulator: Harris Organization investment trust not registered here

December 31, 2000

Offshore Alert has uncovered another dubious investment fund being promoted by The Harris Organization financial services group of Panama. The objective of the Washington Pacific Investment Fund is "to achieve a rate of return of 100% per annum" by investing in "mortgage backed securities and liens", according to a prospectus.

Insider Talking: June 30, 2000

June 30, 2000

Finance Merchants Bank sells 'paper' banks for between $29,000 and $100,000 each, Imperial Consolidated Securities threaten litigation against individual members of the Bahamas Securities Commission, wheels falloff Bahamas-registered International Financial Privacy Association Ltd., liquidators for the Bank of Credit and Commerce International Overseas Ltd. announce third payout to creditors, First Cayman Bank creditors receive first dividend of 25 cents in the dollar.

Insider Talking: May 31, 2000

May 31, 2000

International Financial Privacy Association's '6,000 square foot' office building fails to materialize, fraudulently-operated World Investors' Stock Exchange shamelessly targets the elderly, Imperium Bank offers double-digit annual returns, Cayman Islands Court of Appeal upholds decision to remove Chris Johnson and Nick Freeland as liquidators of local Cash 4 Titles firms, Eugene Chusid's Digital Commerce Bank, John Bourbon and Valia Theodoraki appointed heads of Cayman Islands Monetary Authority and Cayman Islands Stock Exchange, respectively; Nigel Scott Grant - sorting out fact from fiction on his Curriculum Vitae.

Insider Talking: January 31, 2000

January 31, 2000

Liquidators of First Cayman Bank reach settlement with former Cayman government minister McKeeva Bush, First Nevisian's Keith Leslie King testifies at civil trial in the Isle of Man, Jordan Bionda denies he is a fraudster, conman Keem Kalfon promotes his Global Heritage Asset Protection 'fund', attorney Julian Hall is declared bankrupt in Bermuda, Bermuda's international business sector voices concern over Government plans to introduce tougher new work permit rules for foreign workers, offshore crook Marc Harris compares himself to Albert Einstein, Florida judge orders Harris Organization to pay costs after losing a libel action against OffshoreAlert's publisher.

Canadian regulators take action against International Financial Privacy Association

December 31, 1999

The Saskatchewan Securities Commission has issued a Temporary Cease Trading Order against two Bahamas-registered companies accused of involvement in prime bank note fraud. International Financial Privacy Association Ltd. and IFPA Ltd., which bank with Bahamas-based Suisse Security Bank & Trust, were among six individuals and companies named in the Orders, which were issued on October 19, 1999.