Lewis Rowe v. Attorney General: Originating Summons
Originating Summons filed by Lewis Rowe against The Attorney General of the Cayman Islands at the Grand Court of the Cayman Islands.
Bank of Bermuda sued again over alleged $300 million Ponzi scheme, two arrested
The Bank of Bermuda has been sued again over its involvement in the alleged $300 million Cash 4 Titles Ponzi scheme that operated in the United States, the Cayman Islands and the Bahamas.
Barely a month after the bank was served with a class action lawsuit in Federal Court in Miami that was filed on behalf of victims, a second action was filed in Illinois on September 19, 2000.
‘Legalized loan-sharking’ fund launched in Bahamas
A Bahamas-registered mutual fund has been set up to invest in a controversial industry in which high-interest loans are issued to low income people who use their pay checks and car titles as collateral.Some call it legalized loan-sharking, others call it a cash life-line to the poor. To investors in Olympia Fund Limited, though, it is, perhaps, best called a means to earning above-average returns.