Michael Mello

Bermudian businessman Ronald Arliss Francis is being sued for $250,000 in allegedly unpaid legal fees owed to law firm Mello Jones & Martin for defending his daughter and son-in-law against criminal charges concerning their now-defunct Emerald Financial Group.

Specially Endorsed Writ of Summons in Long Term Recovery Limited v. Ronald Arliss Francis -at Bermuda Supreme Court.

A U. S. federal judge has ruled that Nevis-domiciled alternative currency provider e-gold Ltd. is a money transmitter, as defined by U. S. law, and, therefore, must stand trial on counts that it operated on an unlicensed basis in the country.In a ruling at the U. S. District Court for the District of Columbia on May 8, 2008, U. S. District Judge Rosemary M. Collyer denied a motion by e-gold and four co-defendants to dismiss all three unlicensed money transmitting-counts of a four-count criminal indictment brought against them on April 24, 2007.