Monthly Archives: October 2007

BVI-registered communications company sues Fox News for contract break

Last week Fox News Network, sued in a Federal Court by a BVI-based satellite pay television operator, has asked to dismiss the claim against it. Orbit Communications Co. Ltd., which has its registered address in the British Virgin Islands, sued … Continue reading

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BVI-owned Malta company accused of €20 million fraud

The company Age Limited, registered in Malta, is being accused of a large-scale €20 million fraud, having swindled the European Union. The directors of the Malta company appear in the companies’ registry as Johansen Annmari from Milan, and a British … Continue reading

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Australian Securities and Investments Commission blacklisted 6 BVI registered or BVI located companies

Australian Securities and Investment Commission regularly publishes the list of unlicensed overseas callers (cold callers) and fake regulators, to protect Australian investors from fraudsters, as well as from companies which are not licensed with Australian Securities and Investments Commission and … Continue reading

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Two ASX listed Companies’ Directors alleged of holding shares through BVI and Gibraltar companies

Some days ago, the directors of two ASX listed companies known as Hallmark Gold (now called Hallmark Consolidated Limited) and Welcome Stranger Mining Company (now called Commsecure Limited), Stuart Adrian Corp. and Brian Millwood Smith, were jailed for taking part … Continue reading

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Casino ship owned by the BVI company is to set sail from Bermuda

The Niobe Corinthian casino ship, which is owned by the BVI company Estrellas Limited and which arose so many controversies, is going to set sail from Bermuda, by the information provided by lawyer llewellyn Peniston, who acts on behalf of … Continue reading

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FirstRand financial services group transfers clients’ money through the BVI-incorporated company

In the beginning of September, the financial services group FirstRand was charged of being involved in an illegal scheme that enabled rich South Africans to transfer money into an offshore company to bypass the taxman. FirstRand’s chairman Dippenaar, defending its … Continue reading

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BVI company used by BAE systems in connection with Tanzania radar deal

BAE Systems, the British defence company that was alleged of using a secret payments system and channeling the funds through the BVI offshore companies, now is again in the spotlight in connection with Tanzania radar deal, after Tanzania’s top corruption … Continue reading

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