A U.S. judge has denied requests by Credit Suisse and Cushman & Wakefield to dismiss fraud charges made by a former investor in the defunct $4.9 million Ginn Sur Mer development.
A married couple has launched a lawsuit against a broker with a Bahamas-based business, claiming he ripped them off $125,000.
Bahamas-based investors pulled out after federal authorities raided the offices of Imperial Holdings and numerous shareholder class action securities fraud lawsuits were filed.
Contractors involved in the national landfill development project could be charged with fraud and theft by way of employment for nearly $700,000 in over-payments.
One of the fraudsters, pretending to represent Volunteer Bahamas, has been caught for allegedly conning small community civic groups out of funds.
The $24 billion lawsuit against Credit Suisse has revealed possible illegal business dealings with Iranian government.
Allen Stanford is charged with swindling about 28,000 investors of more than $7 billion.
The self-important, self-appointed ‘bishop’ Neil Ellis brought his lemming congregation together for a trite message of ‘demons’ in the country… of which many suspect he is one.
Some of the problems surrounding the housing programme were a result of unskilled persons acting as building inspectors without any training.