Ronald Daringer

Nevis Premier Vance Amory seeks independence yet again, Panama ignores multi-million dollar frauds against foreigners but leaps into action when foreigners defraud locals of a relative pittance, U. S. helps BVI authorities obtain evidence against Canadian national Terry Turl, judgment for $2.7 million entered against David Rose, criminal proceedings in Texas against Yank Barry take another extraordinary twist, Towry Law seeks to recover £30 million defrauded from clients, Grenada intends to revoke license of Bank Crozier, Patrick English ordered to testify at trial of civil action involving the Bank of Bermuda, criminal action stated against Dnipropetrovsk, Ukraine branch of Parex Bank, Cayman prosecutors drop money laundering charges against Melvin Taves because of his age, and Banca del Gottardo files complaint in Switzerland against unnamed parties who alleged that it held accounts in the name of ousted Iraqi President Saddam Hussein, including one in the Bahamas. 

OffshoreAlert has received a letter from an Arizona based client of Grenada licensed Cornerstone International Savings and Investment Bank, which was taken over by the Grenada authorities on April 25, 2002 - AFTER the bank's principals had already disappeared without

A legal battle is taking place in the United States for control of assets that once belonged to a now bankrupt oil and gas exploration firm whose shares were promoted at offshore conferences. Creditors of Kentucky-based Robo Exploration Inc., formerly known as Robo Enterprises Inc., are investigating whether the transfer of its assets prior to bankruptcy amount to a fraudulent conveyance.

An oil and gas company which was promoted as an investment opportunity at Institute of Global Prosperity conferences has filed for bankruptcy amid allegations of fraud.Robo Exploration Inc., a.k.a. Robo Enterprises Inc., filed for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the Western District of Kentucky on October 23, 2001.