Michele Newman

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Jurisdictions

Allegations

Offshore banker William Cooper arrested in Antigua

Antigua continued its battle to clean up the image of its offshore financial services sector this month with the arrest of a notorious banker and an attempt to force another suspect bank into receivership. American-born William W. Cooper, aged 59, was arrested in Antigua on May 18 after a warrant was issued against him in the United States, where he has been criminally indicted for alleged money laundering and fraud.