Monthly Archives: January 2011

Indian-American businessman charged of concealing bank accounts in India and BVI

An American businessman of Indian origin, Vaibhav Dahake, has been charged by a federal grand jury of New Jersey of trying to conceal undeclared bank accounts in India and in the jurisdiction of the British Virgin Islands. According to the … Continue reading

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BVI company’s owner asks compensation from the British Government

The founder of the biggest wheel-clamping firm in the United Kingdom has demanded from the Government a compensation of up to £4 million. Mr Trevor Whitehouse, whose company is incorporated in the British Virgin Islands, has claimed that the proposed … Continue reading

Posted in BVI Companies, Litigation, Unethical business practice | Leave a comment

Claims against BVI-registered Tongxin International, Ltd. investigated by law firm

The law firm Finkelstein Thompson LLP has started investigation of claims of potential shareholders against the British Virgin Islands-incorporated Tongxin International, Ltd. Filed complaints of shareholders allege the BVI company of failure to accurately report its financial results to the … Continue reading

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Philippines firm takes steps to settle problems with creditors

Philippines property firm Cyber Bay Corp., which was joint-venture partner in the failed Cyber Bay-AMARI reclamation project in Manila Bay, is entering into a debt-for-equity scheme with creditors, in order to reduce liabilities that cannot be paid. The company will … Continue reading

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