Featured Caribbean

Jeffrey Epstein’s Mystery Bank Came Alive After His Death

In the years after Jeffrey Epstein registered as a sex offender, he closed his money management firm and started a business to develop algorithms and mine DNA and financial databases. Then he set up a bank. In a banking license application reviewed by The New York Times, Mr. Epstein… Read More

Virgin Islands AG says Epstein trafficked girls, exploited shell companies in 2018

A lawsuit filed Wednesday by the top law enforcement officer in the U.S. Virgin Islands alleges that multimillionaire financier Jeffrey Epstein sexually trafficked hundreds of young women and girls on his private island, some as recently as 2018, aided by a web of shell companies to carry out and conceal… Read More

Scots link claimed in Peruvian bribery scandal

A former president of Peru is alleged to have benefited from a “massive” multimillion pound bribery scheme which saw more than £13 million wired to a Scotland-based firm, according to US prosecutors. Alejandro Toledo, who governed the South American nation from 2001 to 2006, was arrested in the US in… Read More
25th December 2019
A recent report from Berlin-based non-governmental organisation Transparency International explores how businesses and institutions in the United Kingdom help corrupt individuals and regimes launder money, and it draws a “clear correlation” between corruption scandals and the “secretive corporate vehicles” in offshore finance centres like the Virgin Islands. However, BVI Finance… Read More
19th December 2019
Authorities have uncovered that an eastern coastal region of Guatemala, known to be a cocaine corridor, has been used in the trafficking of jade — a gemstone used for millennia by the ancient Mayans that has undergone a recent investment boom in China. Local authorities and politicians are suspected of facilitating… Read More
18th November 2019
Three prime ministers took to a stage in the ballroom of a five-star London hotel this week offering the world’s wealthiest people “golden passports” and citizenship of their countries in return for hundreds of thousands of pounds of investment or flat “contributions”. Allen Chastanet, the prime minister… Read More
12th November 2019
The Netherlands is investigating alleged bribery involving the Christie administration’s acquisition of nine defence force vessels in 2014 and has been receiving co-operation from local officials for its investigation since June of last year. Dutch officials suspect corruption related to the shipbuilding services this country received from Damen Shipyard Group… Read More
5th November 2019
Britain is known for its strong rule of law. Yet London is also a global hotspot for money laundering, tax evasion and other financial crimes. Experts say that a no-questions-asked approach to opening U.K. companies has exacerbated this problem. However, the U.K.’s transparent registries and its freedom of information laws… Read More
22nd October 2019
In early August 2019, it was revealed that large amounts of currency, upwards of $50 million monthly, are being shipped out of Jamaica. Peter Higgins, who is part of the Bank of Jamaica’s Foreign Exchange Code Working Group, noted that “too much cash is being shipped from Jamaica and to… Read More
8th October 2019
European Union finance ministers are set to remove the United Arab Emirates (UAE) and Switzerland next week from the bloc’s lists of countries deemed to be acting as tax havens, an EU document said. They will however continue to blacklist three U.S. territories. The 28-nation EU set up a blacklist… Read More
13th September 2019
When Jeffrey Epstein created his Gratitude America Ltd. foundation in 2012, the nonprofit’s purpose was to “support the expression of gratitude for the ideals of America,” according to incorporation records filed in the U.S. Virgin Islands. Instead, the money that flowed through the nonprofit followed an opaque path that appears… Read More
13th August 2019
The money, tens of millions of dollars of it, would flow among Jeffrey Epstein’s dozens of bank accounts, shell companies and, at times, charities linked to high-powered friends. Where was the money going? What was it for? Who was actually sending and receiving it? A convicted pedophile and accused sex… Read More
12th August 2019
It was a typically hot Saturday afternoon in Aruba when Rafael González Zambrano thought he had completed a routine operation, one he had been doing for about seven years already. After declaring the goods he was carrying, the Venezuelan-born man with a Dutch passport was escorted to his plane by… Read More