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Month: August 2013

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61 Tons of silver recovered from shipwreck

By Lisa Barbella WebProNews U.S.-based underwater salvage and exploration company Odyssey Marine Exploration announced Monday that it pulled more than 61 tons of silver bullion worth about $36 million from a World War II British cargo ship. The torpedoed ship…

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Man loses leg and 4 others injured after building demolition goes terribly wrong

By Dave Urbanski, From Business Insider BAKERSFIELD, Calif. (TheBlaze/AP) — A man lost his leg—and may lose his other one—after shrapnel from a building demolition hit him Saturday. Four other spectators were treated for minor injuries, authorities said. More than…

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Second US Embassy worker robbed in Bahamas

Statement by the Ministry of Foreign Affairs on robbery of US Embassy employee last Saturday Saturday, 03 August 2013 08:25 The Foreign Ministry learned yesterday that there was yet another robbery of a United States Embassy official. We have responded…

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Johnson & Johnson & Abbott park billions in Cayman

From Mass Device Abbott and Johnson & Johnson are among the U.S.-based companies that park billions in offshore tax havens, according to a U.S. PIRG report. Abbott (NYSE:ABT) parked some $40 billion in 107 overseas tax havens last year, making…

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Cayman to play St Maarten in their opening U-15 football game

The Cayman Islands Football Association confirms the venues used for the upcoming CONCACAF Under-15 Developmental Tournament. The tournament, which is set to be hosted by Cayman from August 13th – 25th, will be played at Ed Bush Field, The Annex…

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Jersey courting Asian investors as funds domicile

By Min Ho Asian Investor A promoter for the UK island is targeting asset owners and fund managers in the region against established players such as the Caymans and even Hong Kong. Jersey is touting its credentials as a funds…

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Shockingly, something called ‘Bitcoin Savings and Trust’ was a Ponzi Scheme

By Kevin Roose From New York Magazine I know, I know. It’s scary to think that Bitcoin — that nice, simple crypto-currency beloved by upstanding church ladies and milkmen the world over — would get itself tangled up in financial…

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American gets 165 years in jail for child sex abuse in Haiti

From Caribbean360 Records show that Carter was previously acquitted of charges related to the sexual abuse of children in London, Cairo and Florida. MIAMI, United States, Friday August 2, 2013 – Matthew Andrew Carter, an American paedophile masquerading as an…

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BAHAMAS: AG demands an apology from Louis Bacon’s Lawyer Fred Smith!

Bacon’s Lawyer Lie on Attorney General STATEMENT: 28th JULY 2013 – FOR IMMEDIATE RELEASE As a lawyer, especially as a Queen’s Counsel, Mr. Frederick Smith QC is aware, or ought to be aware, that on a daily basis the Police…

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Singing can get you arrested in Wisconsin

by Kevin Mathews From Care2 If you have a song in your heart, better stay clear of Wisconsin’s Capitol: you’re liable to be led off in handcuffs. This past week over the course of a few days, more than 100…