A businesswoman in the Cayman Islands is suing the Bank of Butterfield, claiming breach of contract after she said the bank closed out her accounts, the publication OffshoreAlert is reporting.

Representing herself, Sharon Lexa Lamb, who describes herself as a private director, fiduciary, and, trust and estate practitioner, has alleged that the bank closed her accounts due to "negative blogs" written by Florida-based convicted money launderer and disbarred attorney Kenneth Rijock.

OffshoreAlert said Ms Lamb is seeking unquantified damages for alleged breach of contract in a complaint that was filed against Butterfield Bank (Cayman) Limited at the Grand Court of the Cayman Islands on August 11.

The complaint reportedly states that Ms Lamb had been a client of the Cayman bank for five years and, before that, seven years with Butterfield Bermuda, until her accounts were closed in 2015.

She only found out about the closure, she says, when her card was declined.

The complaint continued: "It is totally unbelievable that Butterfield would breach contract and close the accounts of Ms Lamb as a result of the most ridiculous blogs, written by disbarred attorney's [sic], who had spent many years in prison having been charged with money laundering, scams and mortgage fraud just to name a few. And particularly when the same blogs also included Butterfield."

As previously reported by OffshoreAlert, Rijock is a disbarred attorney who, in 1990, pleaded guilty to one count of conspiracy to defraud the IRS and one count of racketeering at federal court in Gainesville, Florida, for which he received a 24-month prison sentence.

After being released from prison, he began promoting himself as a 'reformed money launderer', regularly speaking at Anti-Money Laundering conferences and operating as a consultant and writer in the areas of financial crime and compliance.

Rijock has lost two defamation actions in the United States over the last four years regarding his blogs, including a 2017 default judgment, and, a 2019 summary judgment, both in Miami.