McNamara Corporate Services

For first time in four years, BVI regulator publishes details of a fine against a regulated entity

February 25, 2022

For the first time in over four years, the British Virgin Islands Financial Services Commission has published details of a fine against a licensed entity, a $20,000 penalty imposed on McNamara Corporate Services Ltd.

McNamara Corporate Services Ltd.: $20K Fine (British Virgin Islands)

January 24, 2022

Public Notice by the British Virgin Islands Financial Services Commission that it has imposed a fine of $20,000 on McNamara Corporate Services Limited for regulatory breaches.

Three convicted drug dealers own preferred shares in The Harris Organization

August 31, 2002

New evidence obtained by OffshoreAlert shows that THREE convicted drug dealers are beneficial owners of the British Virgin Islands-registered parent of The Harris Organization financial services group. The traffickers all own preferred shares, which purport to pay annual interest of 10% in the case of Wallace Stull and James Somerville, and 7% for Lawrence Boulanger.

Third sham bank linked with The Harris Organization

July 31, 2001

The Harris Organization financial services group has set up yet another Internet bank that is being operated without a license.Operating from a web-site at www.ginvestmentgroup.com, G Investment Group claims that it is "a diversified financial services company providing clients a broad range of international structures involving financial, asset protection and investment opportunities".