Category Archives: British Virgin Islands

Skatteverket’s measures against tax avoidance included negotiations with BVI and other tax havens

Sweden organized co-operation with the neighbor countries to put more pressure on tax havens and make them loosen their secrecy laws allowing people to avoid paying Swedish taxes. The Copenhagen-based Nordic Council has been negotiating with several jurisdictions which have … Continue reading

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BVI Court issues confiscation order in fraud case to BVI- and Bermuda-based companies

In the beginning of May, BVI court confiscated more than US$45 million from a Bermuda-based IPOC International Growth Fund Ltd.  which pleaded guilty of serious frauds. Further on, Justice ordered three other defendants – BVI-registered companies Lapal Limited, Albany Invest … Continue reading

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Suspicious investment scheme company looking for BVI licence

Capital Blu Management, the newest firm which appeared in the alternative investment scheme sector, payday us fast cash loan,fast cash payday loancash till payday loan,cash loan payday,advance cash cash loan payday paydayloan oneclickcash paydaycash fast loan paydaycash advance loan illinois,5 … Continue reading

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UBS AG refuses to provide information to Indian authorities on illegal money transfers across Switzerland, BVI, and other locations

The Swiss bank UBS AG refused to co-operate with Indian authorities, to unravel a multinational trail of money transfers across Switzerland, New York, the British Virgin Islands and Pune, between Indian stud farm owner Hasan Ali Khan and a fugitive … Continue reading

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Shareholders of BVI-registered Lenta Ltd continue arguing publicly

The shareholders of St. Petersburg retail chain Lenta August Meyer and Oleg Zherebtsov continue emotional discussions and mutual accusations, trying to force each other out from company’s management. By words of an American shareholder, the subject of conflict and disagreement … Continue reading

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FTC Warning about the “809 phone scam” associated with BVI and other Caribbean Countries

BVI offshore business related news sources have many times discussed the so-called 809 long distance code scam (BVI), which is usually and mistakenly related to the British Virgin Islands. All the case was about people receiving urgent messages in which … Continue reading

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Taiwan’s Elections: offshore investments through BVI and other offshore jurisdictions going to be reduced

The island state of Taiwan is choosing between the identity politics of the current leadership or the pro-business politics of the opposition Kuomintang (KMT). There are about three months before national elections on Taiwan, and the presidential campaign is extremely … Continue reading

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BVI Public Prosecution’s Office brings a suit against Russia’s Telecom Minister

The public prosecutions’ office in the British Virgin Islands has told it has an overwhelming evidence that Russian Telecommunications Minister Leonid Reiman is the main beneficiary of an offshore fund which owns substantial assets in companies regulated by his ministry. … Continue reading

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Another BVI Company involved in BAE secret bank transfers

The UK defence company BAE Systems now is alleged of using a secret payments system to channel more than £13m to another offshore company based in the British Virgin Islands and linked to David Hart, the controversial former Conservative defence … Continue reading

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British Revenue authority to seek billions of tax hidden in offshore jurisdictions

Revenue & Customs expects to receive back hundreds of millions of pounds from Britain’s wealthy, after banks handed over personal details of 400,000 customers with offshore accounts. By the information received by Revenue & Customs, there are uncovered City bonuses, … Continue reading

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