Robert Newman

Latvia has requested information about a New Jersey company that is believed to have been the victim of a stock swindle. Details are contained in an application for the appointment of a Commissioner to collect evidence - pursuant to a

Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Latvia into officials of Centra ekspedicija LLC for alleged misappropriation to the detriment of Fortum LLC.

A Cayman-registered mutual fund whose shares were once listed on the Bermuda Stock Exchange has emerged as a centerpiece of the massive fraud committed by the First International Bank of Grenada.Shares in the Aristocrat Endeavor Fund comprised $17.25 million of FIBG's bogus initial capital of $32.75 million in 1997, according to a new report by the bank's liquidator, Marcus Wide.

Antigua continued its battle to clean up the image of its offshore financial services sector this month with the arrest of a notorious banker and an attempt to force another suspect bank into receivership. American-born William W. Cooper, aged 59, was arrested in Antigua on May 18 after a warrant was issued against him in the United States, where he has been criminally indicted for alleged money laundering and fraud.