New England International Surety Inc.

Former Bermuda and Bahamas insurance businessman John Keith McGarrity is currently out on bail and wearing an ankle bracelet around Tampa, Florida after being arrested in Texas on May 31.McGarrity was detained after entering the US on a fake passport in Houston, according to a regulatory source.

John Keith McGarrity, who is a former insurance officer in both Bermuda and the Bahamas, was arrested on May 31 in Houston, Texas after entering the United States on a fake passport, according to a US regulatory source.   A bond hearing was held on Friday, June 1 and we do not yet know whether he was released or remanded in custody.

Former Bermuda-based underwriter John McGarrity has disappeared in the middle of several investigations into him for alleged fraud. McGarrity, who was President of the now-defunct Amberco Brokers Ltd. in the 1980s, had most recently been working in the Bahamas.