Thursday, November 18, 2021

Jersey businessman & former Gov’t member James Baker investigated for ‘laundering investment scam proceeds’

Read on OffshoreAlert / Share on Twitter

A businessman and former government member in the Channel Islands, James Baker, is being criminally investigated by police in the Bailiwick of Jersey on suspicion of laundering £240,000 from an alleged investment fraud, OffshoreAlert can reveal.

Spanish Steps Holdings Ltd. v. Point Investments Ltd.: Judgment (Robert Brockman case)

Read on OffshoreAlert / Share on Twitter

Judgment setting out the Court’s reasons for the appointment of Joint Provisional Liquidators for Point Investments Ltd. in Spanish Steps Holdings Ltd., described as being “ultimately wholly owned by the trustee of the A. Eugene Brockman Charitable Trust v. Point Investments Ltd., described as a Bermuda company that began life in the British Virgin Islands and has assets of $1.8 billion, “the vast majority of which are represented by investments in Cayman Islands funds”, at Bermuda Supreme Court.

USA v. Frederick Cushmore Jr.: Criminal Information

Read on OffshoreAlert / Share on Twitter

Criminal Information under the Foreign Corrupt Practices Act alleging the payment of bribes to “foreign officials” of Al Nasr Company for Coke and Chemicals, described as “an Egyptian state-owned and state-controlled entity”, in USA v. Frederick Cushmore Jr., described as a citizen of the United States residing in Connecticut, at the U. S. District Court for the Western District of Pennsylvania.