Dennis Poseley

Offshore trust promoter sentenced to seven years in prison

July 10, 2006

A trust promoter with a history of involvement in fraudulent offshore investment schemes has been sentenced to seven years in prison in the United States.Dennis Poseley, a former resident of Phoenix, Arizona, was also fined $175,000 at his sentencing at the U. S. District Court for the District of Arizona on June 29, 2006.

Nine criminally indicted in the United States for alleged tax fraud conspiracy

May 31, 2003

A businessman who has been involved with at least two fraudulent offshore investment schemes has been criminally indicted in the United States. Dennis O. Poseley was indicted on one count of conspiracy to defraud the United States at the U.

Creditor forces Mariner International Bank into Receivership

March 31, 2002

A Receiver has been appointed for St. Vincent & the Grenadines-licensed Mariner International Bank Ltd. following a court application from a creditor claiming to be owed US$818,379. The local High Court appointed chartered accountant Linton A. Lewis as Receiver of MIB on March 15, 2002. Lewis is a former head of the Offshore Finance Authority in St. Vincent.

CBS News’ ’48 Hours’ exposes Global Prosperity

January 31, 2001

A group that has held highly dubious offshore seminars in Bermuda, the Bahamas and other offshore centers was exposed by CBS News' television program '48 Hours' on January 25. The program, which included an interview with OffshoreAlert's publisher, David Marchant, focused on the activities of the Global Prosperity Group, now known as the Institute of Global Prosperity.