Gold Medal Sports

Fund manager Brian Paul Kuhn pleads guilty at the Grand Court of the Cayman Islands to several counts of theft of client funds; Switzerland investigates theft of financial data by computer hackers; HedgeWorld Limited closes Bermuda office and relocates its staff to New York; "Marc Harris stole your funds", investment fraudster tells clients; Bermuda-based Bank of Butterfield and Bank of Bermuda expand overseas; and career conman David Tedder is sentenced to five years in prison, fined $1.06 million and ordered to forfeit $2.7 million at federal court in the USA.

U.S.-based asset protection attorney David Hampton Tedder, who has been implicated in many investment scams over the years, was convicted of four felony counts in Wisconsin on June 10, 2003 after a week-long trial.Tedder, 56, of Winter Park, Florida, was convicted of conspiracy to violate the wire wagering act, and conspiracy to launder over $10,000,000 in gambling profits.

An attorney who has been associated with many investment scams over the years has been charged with money laundering relating to an offshore gaming business.David Hampton Tedder, 56, was arrested by IRS and FBI Special Agents after he landed at O'Hare International Airport, in Chicago, on October 21, 2002 following a flight from Atlanta.