First Curacao International Bank

  • Home
  • First Curacao International Bank

SHOWING:

1 to 16 of 16 results
  

Sort By:

Search

Filter By:

Topics

show more show less

Jurisdictions

show more show less

Allegations

Nigerian laundered $2 m from advance fee frauds through FCIB, says U. S.

July 6, 2010
A Nigerian advance fee fraudster used the stolen identity of a Roman Catholic nun to launder funds through the now-defunct First Curacao International Bank in the Netherlands Antilles, it has been alleged. In all, more than $2 million from 19 victims were laundered through accounts at the bank, which, at the time, was controlled by former Bermuda resident and suspected criminal John Deuss.

Netherlands: John Deuss et al

April 30, 2009
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the Netherlands into alleged fraud and money laundering by John Deuss, Martina Deuss and First Curacao International Bank.

Insider Talking: December 8, 2008

December 8, 2008
US Senator John Kerry intends to look into offshore tax evasion; First Curacao International Bank to "start repatriating" frozen assets; UK Government commissions review of offshore financial centers' Condor Insurance sued in California; and US criminally indicts Raoul Weil, Chairman and CEO of UBS Global Wealth Management and Business Banking and a member of the Swiss bank's Group Executive Board.

UK Gov’t Committee expresses concern over corruption and fraud in Bermuda

July 9, 2008
The United Kingdom Government has been asked to provide details of any and all steps it has taken to ensure that corruption and fraud in Bermuda is "properly investigated".The request was made in a new report on British Overseas Territories by the Foreign Affairs Committee, which is appointed by the House of Commons to examine the administration, expenditure and policy of the Foreign and Commonwealth Office and its associated agencies.

First Curacao International Bank depositor sues Central Bank for return of funds

March 24, 2008
An 'innocent' client of suspected money launderer First Curacao International Bank is suing the Central Bank of the Netherlands Antilles for refusing to release its funds. Scipio LLC, a Nevis corporation, has accused the regulator of improperly holding on to depositors' funds so that it can earn interest from them after closing down the bank in 2006 amid a criminal investigation in the Netherlands into whether FCIB was laundering the proceeds of a European-based Value Added Tax scam known as 'carousel' fraud.

Insider Talking: September 10, 2007

September 10, 2007
A jury in Texas has awarded 41 investors clients damages of $8.8 million, plus annual interest of 8.25% backdated to December 12, 2002, against Atlas Financial Group Ltd. and Atlas Private Trust Ltd., which collapsed in the Turks and Caicos

Offshore banker released on $10 m bail, agrees to waive extradition to Netherlands

October 17, 2006
Offshore banker and oil tycoon John Deuss has been released on $10 million bail in Bermuda - three days after his arrest as part of an investigation into alleged money laundering and other financial crimes.Deuss, a 64-year-old Dutch national who has resided in Bermuda since the 1970s, has agreed to waive extradition to the Netherlands, where he is wanted for questioning about alleged money laundering and other financial crimes.

Offshore banker John Deuss is ‘head of criminal organization’, claim Dutch investigators

October 12, 2006
Dutch investigators suspect offshore banker and oil trader John Deuss of being in charge of a criminal organization, his attorney told a Bermuda court yesterday.The revelation came during a hearing at which his attorneys were attempting for a second time to over-turn a Bermuda magistrate's decision to issue an arrest warrant for 64-year-old Deuss on October 2, 2006. Deuss has been in hiding since then and Bermuda police have appealed to the public for help in trying to locate him. The total area of Bermuda is just 21 square miles.

Arrest warrant issued for Bermuda-based offshore banker John Deuss

October 5, 2006
An arrest warrant has been issued for 64-year-old Bermuda resident John Deuss by the authorities in his native Netherlands, which are to seek his extradition from Bermuda so that they can question him about alleged money laundering at his bank, First Curacao International Bank NV, which is licensed in the Netherlands Antilles.

John Deuss steps down from bank due to money laundering probe

September 14, 2006
Oil tycoon John Deuss has “temporarily” stepped down as Chairman and CEO of Bermuda Commercial Bank due to an investigation into alleged money laundering and illegal banking, BCB has disclosed. BCB's Chief Operating Officer, Timothy W. Ulrich, and a director,

John Deuss firms sue Brek Energy and related parties

February 28, 2003
Eight days before it was due to make a minimum payment of $350,000 towards its 2002 purchase of an ecommerce company, a group controlled by Bermuda-based oil magnate John Deuss has sued the seller. Transworld Payment Solutions NV and First Curacao International Bank NV, which owns Bermuda Commercial Bank, filed a civil complaint at Bermuda Supreme Court on February 21, 2003.

Oil, money and power – the watch-words of businessman John Deuss

February 18, 1994
Bermuda-based oil magnate John Deuss, 51, has lived a life that is remarkable even among the rich and famous. Since his first car dealership went bust in the 1960s, he has outwitted the Soviets, broken an oil embargo in South Africa, had his home fire-bombed by anti-apartheid protesters and helped clinch the world's largest oil deal. In the process, this self-made Dutchman has made billions of dollars. DAVID MARCHANT takes a look at his extraordinary career and asks: 'John Deuss - Hero or Villain?'