An offshore banker and an associate have been arrested in Germany on charges of perpetrating an $82 million fraud against approximately 7,000 investors, most of whom are believed to be German nationals.Ferdinand Hoischen, 53, of Vetlanda, Sweden, and Jonny Franke, 49, of Pirna, Germany, were arrested on Monday, March 31, 2003, according to a source who is familiar with the investigation.
Offshore bank owner Ferdinand Hoischen arrested in Germany
22 years ago
Topics
Banks & Trusts Dominica Fraud Germany InvestmentKeywords
AIF Bank and Trust American Investment & Finance Corporation Banc Caribe Bergt Steinbrock, Jr. Dr. Gerhard Hering