Sterling International Bank & Trust

U.S. indicts six people for alleged $500 m offshore fraud & money laundering scheme

September 9, 2014

Six citizens of the Bahamas, Belize, Canada, and the United States and six corporations have been criminally indicted in New York for allegedly perpetrating a $500 million offshore asset protection, securities fraud, and money laundering scheme.

Ex-Grenada banker Richard Hinkle admits fraud, faces up to 5 years in prison

May 22, 2006

The operator of a now defunct offshore bank faces up to five years in prison in the United States and a $250,000 fine after he admitted defrauding investors of up to $7 million in a high yield investment scam.Richard Henry

US indicts another Grenada offshore banker – Richard Hinkle

March 31, 2004

Yet another operator of a Grenada licensed offshore bank has been indicted in the United States.Richard Henry Hinkle, 39, was indicted on 19 counts of fraud and 40 counts of money laundering at the U. S. District Court for the

Undischarged bankrupt linked with Grenada bank

September 30, 2000

An undischarged bankrupt, whose debts include $4 million owed to a now-defunct Cayman Islands bank, has resurfaced as a director of Grenada-registered Sterling International Bank & Trust. Robert Leroy Bandfield Jr., 56, known as 'Bob Bandfield', went into voluntary bankruptcy in his home state of Oregon on October 30, 1992 with assets of $282,681 and liabilities of $8,610,000.

‘I resigned of my own accord’, says ex-CEO of Sterling International Bank & Trust

February 1, 2000

Letter to the Editor from Paul Villeneuve, former CEO of Sterling International Bank & Trust.

Sterling International Bank & Trust and its dubious mutual funds

January 31, 2000

A Grenada-based banking group that appears to be controlled by an attorney located in the Turks & Caicos Islands is promoting dubious investment products, OffshoreAlert can reveal. Sterling International Bank & Trust and its apparent owner, attorney Philip Johnston, have already been involved in one fiasco last year involving the Bermuda-registered Heritage Growth Fund.