Debbie Gushlak v. Myron Gushlak: Discovery Application
Application for Discovery by Debbie Gushlak in a case against her husband, Myron Gushlak, at the U. S. District Court for the Eastern District of New York.
Fraudster Nolon Bush receives 30-year prison term for Nevis-based scam
A 30 year prison sentence and $30 million financial penalty has been handed out to a 69 year old fraudster who owned and operated a Nevis based offshore group with former offshore providers Nigel Scott Grant and his son, Nicolas
Nolon Bush convicted of Nevis-based investment fraud
Seven years after his investment scheme was exposed by OffshoreAlert, a United States national who owned and operated a Nevis based offshore group in conjunction with offshore providers Nigel Scott Grant and his son, Nicolas Grant St. James, has been
USA v. Charles Nolon Bush: Government’s Trial Brief
Government's Trial Brief in USA v. Charles Nolon Bush at the U. S. District Court for the Western District of Washington.
The United States continues to mop up Grenada’s offshore mess
Verlin D. Swartzendruber, 66, became the latest person suspected of perpetrating an investment fraud through a Grenada-domiciled company to appear before a federal judge in the United States.
Swartzendruber, a.k.a. Joseph Severin, was arrested in Texas on June 26, 2008 - 19 months after a warrant for his arrest was issued at the U. S. District Court for the District of North Dakota.
Former peddler of sham Caribbean credit unions indicted for securities fraud in US
More than six years after his St. Kitts & Nevis-based financial services group was exposed in OffshoreAlert for its involvement in fraudulent investment schemes and sham offshore credit unions, Charles Nolon Bush is in custody in the United States after being extradited from Poland.
USA v. Charles Nolon Bush: Criminal Indictment
Criminal Indictment in USA v. Charles Nolon Bush at the U. S. District Court for the Western District of Washington.
Ex-FIBG promoter convicted of separate offshore bank scam
A United States national who once promoted the First International Bank of Grenada has been convicted of perpetrating a separate fraud through another offshore bank.Paul James Peiffer, of S. W. York Street, Beaverton, Oregon, was convicted of 25 counts of wire fraud, one count of making a false bankruptcy filing, and one count of false oaths on February 15, 2006 following a jury trial at the U. S. District Court for the District of Oregon.
Second indictment against ex-FIBG director
A former director of the First International Bank of Grenada has been criminally indicted for a second time concerning another alleged offshore scam.The latest indictment against Robert Skirving was brought at the U. S. District Court for the District of Oregon on March 15, 2005 and amended on April 20, 2005.
U. S. seeks summary judgment against Terry Neal gold-silver
The U. S. Government has applied for summary judgment in its forfeiture complaint regarding gold and silver bars and coins seized during a criminal investigation into former offshore provider Terry Neal. The motion was filed at the U. S. District
Legal battle for Terry Neal group’s gold and silver
A legal battle is taking place in Oregon for possession of gold and silver bars and coins that were seized during a raid on the offices of companies associated with offshore provider Terry Neal.
The United States Government is seeking to take permanent possession of the property, worth approximately $225,000 at current prices.
Letter to Bank Crozier depositors from Peter Johansson
Letter to Depositors of Bank Crozier by Bank Crozier's CEO, Peter Johansson.
Grenada’s offshore banking industry plumbs new depths
Petitions to wind-up five offshore banks were presented at Grenada High Court on July 24, 2003.The banks were Bank Crozier Ltd., DIAK Bank Ltd., Anglo American Bank Ltd., Wellington Bank & Trust Ltd., and Cornerstone International Saving & Investment Bank Ltd.
Winding-Up petitions filed against five offshore banks
Petitions to wind-up five offshore banks are due to be heard at Grenada High Court on Thursday, July 24, 2003.The banks are Bank Crozier Ltd., DIAK Bank Ltd., Anglo American Bank Ltd., Wellington Bank & Trust Ltd., and Cornerstone International Saving & Investment Bank Ltd.
Bank Crozier boss arrested and released without charge in Spain
Peter Johansson, head of the Bank Crozier group, which has offshore bank licenses in Grenada and St. Lucia, was arrested and released in Spain in June after a complaint was made to local police by clients unable to redeem their funds.Johansson told OffshoreAlert he was arrested at Barcelona airport on Friday, June 20 and released on Sunday, June 22 after two nights in custody. His passport was initially confiscated but soon returned, said Johansson.
Bank Crozier boss arrested and released in Spain
Peter Johansson, head of the Bank Crozier group, which has offshore bank licenses in Grenada and St. Lucia, has been arrested and released in Spain after a complaint was made to local police by clients unable to redeem their funds.
Bank Crozier proposes reconstruction plan in Grenada
Grenada's oldest offshore bank, Bank Crozier Ltd., will this week submit a reconstruction plan to the local regulator in an attempt to stave off liquidation.Peter Johansson, the bank's CEO, told OffshoreAlert that $2.6 million of new capital has been pledged
Insider Talking: April 30, 2003
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.Â
Bank Crozier licensed in St. Lucia, plans to move HQ from Grenada
Grenada's oldest offshore bank, Bank Crozier, is moving its headquarters to St. Lucia, where it has become the first bank to be licensed under the International Banks Act 1999.
The Swedish-owned bank, which began operations in Grenada in 1997, expects to complete the move in the New Year.
The views of Grenada-based banker Peter Johansson on the FIBG scandal
As the First International Bank of Grenada scandal made its way onto the front-page of The Wall Street Journal on February 29, Offshore Alert wondered how the negative publicity was affecting the legitimate financial institutions located on the island. Offshore Alert conducted a Question and Answer session with Peter Johansson, CEO of Swedish-owned Bank Crozier Limited, which was the second offshore bank to be licensed in Grenada in October, 1997.