Grand Island Funds: Third Report of Liquidators
Third Report of Liquidators of Grand Island Funds filed at the Grand Court of the Cayman Islands.
Cayman accountant Naul Bodden to pay $3.3 m to settle liabilities to fraudulent Grand Island Funds
Prominent Cayman Islands based businessman Naul Bodden has agreed to pay US$3.3 million to settle his liabilities to a fund group he controlled whose investors were defrauded out of US$19 million, including two banks licensed in Barbados and two hedge
Grand Island Commodity Fund: First Report of Liquidators
First Report of Liquidators of Grand Island Commodity Fund to the Grand Court of the Cayman Islands.
Bank of Bermuda CEO files to sell shares worth $2.3 m
Over the last nine months, Bank of Bermuda CEO Henry Smith has notified the SEC that he plans to sell 69,000 of his shares in the bank with an estimated open market value of $2.32 million.SEC filings show that Smith made eight separate 'Planned Sale' filings with the SEC from December 19, 2002 to August 19, 2003. However, there are no filings yet showing that he has sold any.