Government’s emphasis on illicit drugs to fund the Confiscated Asset Fund, as opposed to white collar crime that pays much higher dividends, has been questioned by Shadow Minister of Public Safety Michael Scott.
The Proceeds of Crime Amendment Act 20...
International online payment service provider First Atlantic Commerce (FAC) announced today they have joined forces with Kount, a risk management and anti-fraud service.
In a press release announcing the new partnership, the Bermuda-based company sai...
An American resident has pleaded guilty to committing a $9 million investment fraud through offshore structures in Nevis and a bank account in Bermuda.
Larry Michael Parrish of Maryland admitted one count of wire fraud in a plea agreement that was fi...
An American resident has pleaded guilty to committing a $9 million investment fraud through offshore structures in Nevis and a bank account in Bermuda.
Larry Michael Parrish of Maryland admitted one count of wire fraud in a plea agreement that was f...
Investors who ploughed more than $1 million into a Costa Rica property scheme launched by David and Antoinette Bolden will get back about two to four cents on the dollar, according to the receivers.
That’s more than they would get if EFG Internationa...
The Island’s anti-money laundering and anti-terrorism financing laws have been brought up to date by MPs.
Attorney General Mark Pettingill said the Proceeds of Crime Amendment Regulations, 2013 would ensure “consistency, transparency and compliance w...
The Bermuda Police Service Financial Crime Unit has warned the public about phishing e-mails that attempt to obtain personal information or other sensitive data.
A spokesman said that in a recent example, an imitation bank e-mail claiming to be from...
US authorities have seized over $2 million in a Bermuda bank account allegedly belonging to a fugitive Mexican official charged in a corruption case with stealing public funds, according to court papers released this week.
More than $22 million was s...
Victims of con artist Wendy Francis expressed relief at the four-year jail sentence meted out to her.
Magistrate Khamisi Tokunbo locked the serial offender up on Thursday for 36 offences including stealing a puppy and credit cards and swindling car b...
January 14, 2013
Dear Sir,
I do agree with Alex Scott’s proposal. Although it is a little late to close the stable door after the horse has already gone taking the oats and the sugar cubes.
SKEPTICAL
Smith’s
The sentencing of a “clever and calculating” fraudster was set back yesterday so Court Services can look at further options for treatment.
Former caregiver Wendy Francis, 40, has pleaded guilty to a total of 37 dishonesty offences in connection to fi...
A probe resulting from David Bolden’s corruption claims against former Premier Ewart Brown continues after more than 18 months, according to the Police Commissioner.
Businessman Bolden claimed under oath during his theft trial in June 2011 that a Gov...
