George Betts

SHOWING:

1 to 4 of 4 results
  

Sort By:

Search

Filter By:

Topics

Jurisdictions

Allegations

Former BTCB CEO arrested in US & charged with money laundering

March 31, 2002
A Venezuelan businessman who was CEO of Dominica-based British Trade and Commerce Bank before it was forced into Receivership has been charged with money laundering in the United States. Rodolfo A. Requena, 51, was arrested on November 13, 2001 after a sealed complaint was filed against him eight days earlier at the United States District Court for the Southern District of Florida, in Miami.

British Trade & Commerce Bank’s claim of frozen assets not true, says adversary

December 31, 2000
A claim by Dominica-based British Trade & Commerce Bank that its liquidity problem is substantially due to having its assets frozen by a Canadian court is in dispute. The Plaintiffs in the only known lawsuit against BTCB in Canada told Offshore Alert that no assets have been frozen as a result of the action, which contradicts BTCB's public stance.

British Trade and Commerce Bank’s financial troubles worsen

November 30, 2000
Dominica-licensed British Trade & Commerce Bank appears to be on its last legs, if a recent letter to clients from the bank's President, Rodolfo Requena, is anything to go by. In the letter, Requena seems to be digging the bank into a deeper hole by offering rates of return of up to 50 per cent for clients who delay making withdrawals.