Allen Stanford jailed for 110 years for $7bn Ponzi
Disgraced tycoon Allen Stanford has been sentenced to 110 years in jail for operating a Ponzi scheme that defrauded investors of more than $7bn (£4.5bn). The scheme was described as one of the largest in US history. In court, Stanford…
Purple Dragon RE/MAX Scholarship Awarded
RE/MAX Cayman Islands and Purple Dragon Martial Arts were pleased to award a one year Purple Dragon Karate scholarship to Daniel Rivers, age 7 on 17th May 2012. RE/Max and Purple Dragon decided to collaborate in April to create…
Liquor sales restricted for referendum
As we reported in iNews Cayman on June 12th, it was to be a “Dry day for referendum voters” . We now have received the official release that we publish for you in its entirety. You have been warned. “The…
Torres inspires Spain to Ireland rout
Fernando Torres rediscovered his scoring touch as Spain soared to the top of Euro 2012 Group C and knocked the Republic of Ireland out of the tournament. The much-maligned striker, who spurned several chances in Spain’s opening game against Italy,…
Tourism Director Appointed
The new Director of Tourism is Mr. Shomari Scott. Mr. Scott, who was Acting Director of Tourism and Deputy Director of International Marketing and Promotions from 2008, has been named director of the Department of Tourism after succeeding in the…
Lost! The budget!
The financial year is almost here and government is out of time. Government’s earning and spending plans must go to the UK three weeks before they are presented to the public and the Legislative Assembly (LA) but the 2012/13 budget…
Male prisoner absconds and returns by car in the company of a female
On Thursday morning (14) a Category D male prisoner from HMP Northward absconded at around 10am. The 28 year old detainee was working on outside detail close to the prison when he “disappeared.” After an hour he was intercepted by…
Some cry ‘coup’ as Egypt’s highest court annuls parliament, military extends power
Egypt’s highest court declared the parliament invalid Thursday, and the country’s interim military rulers promptly declared full legislative authority, triggering fresh chaos and confusion about the country’s leadership. The Supreme Constitutional Court found that all articles making up the law…
