Category Archives: Bribery through BVI companies

Money laundering case through BVI company revealed by former US officials

Former special investigator at the Export-Import Bank of the US, Brian McCormick, and former official at the NY department of justice working with cases involving illegal assets, Sharon Levin, told about the illegal activities involving former Taiwan President Chen Shui-bian. … Continue reading

Posted in Bribery through BVI companies, Money Laundering | Leave a comment

BVI company accused of bribery in Liberia

BVI-incorporated company Sable Mining was indicted on bribery, along with Liberia government officials. The grand jury of the country accused the defendants, among which there is the AIM-listed BVI company, of bribery among other crimes, having alleged them of conspiring … Continue reading

Posted in Bribery through BVI companies, BVI Companies | Leave a comment

Florida company’s CEO returned guilty of US$2.5M fraud using offshore company in BVI

The CEO of Florida-based software company iTrackr Systems, Inc. John G. Rizzo has been pleaded guilty to a US$2.5 million fraud by federal prosecution of San Diego, California, and will face a maximum 20-year sentence. iTrackr Systems, Inc. is an … Continue reading

Posted in Bribery through BVI companies, BVI Companies, Court decisions, Frauds | Leave a comment

U.S. put hold on export licenses for BAE Systems

Upon investigation made into the network of BAE Systems companies, the U.S. State Department has placed a “temporary administrative hold” on weapons export licenses of BAE Systems or companies using BAE Systems’ products. This came when the BAE pleaded guilty … Continue reading

Posted in Bribery through BVI companies, BVI Companies, Corruption Scandals, Frauds, Investigation | Leave a comment

Summary of warrants against BAE Systems and BVI-registered Red Diamond

Further investigation is to be made into the network of companies (including BVI-registered entities) linked to African National Congress , as well as into a great number of industrial offset programmes that have become a good ground for corruption. It … Continue reading

Posted in Bribery through BVI companies, BVI Companies, Corruption Scandals, Investigation | Leave a comment

German major truck company accused of bribery through BVI companies

German prosecutors are investigating the case of alleged bribery at German truck maker MAN AG. In connection with this case, more than 100 people are already under investigation, and two were arrested last week. They are alleged to have paid … Continue reading

Posted in Bribery through BVI companies, BVI Companies, Corruption Scandals, Investigation, Unethical business practice | Leave a comment