The late Milo Butler’s family won a US court battle over who should have first claim to $8 million resulting from sold assets forfeited by convicted Bahamas-based fraudster, Derek Turner.
A consulting firm has recovered millions of dollars for Bahamas firms, and now fraud detection and control are becoming reality.
Tommy Belesis, founder of John Thomas Financial, is accused of fraud in a legal bramble in the Bahamas. Belesis is counter accusing his partner and Bahamian lawyer Tara Dorsette of fraud.
A South Florida boat captain faces grand theft charges for allegedly sinking an 80-foot yacht with the intention of collecting insurance money. The yacht was worth about $1.8 million.
R. Allen Stanford was convicted of defrauding nearly 30,000 investors in 113 countries in a Ponzi scheme involving $7 billion in fraudulent high-interest certificates of deposit at a caribbean-based bank.
Education Minister Desmond Bannister is expected to reveal details on suspicions of widespread voter fraud in the PLP bedrock constituency of North Andros.
Forget immigration laws. Religious opportunist Myles Munroe says that dropping his name at the border gives you access into the Bahamas, no matter who you are.
Investors claiming losses in the Bernard Madoff ponzi scheme have been granted permission to take evidence from a Bahamas-based fund connected to the fraud.
Forensic Accountant John Bain was recently lauded for his significant contributions to the Advisory Council of the world’s largest anti-fraud organization, the premier provider of anti-fraud training and education.