BVI Premier arrested for conspiracy to import cocaine for Mexican cartel

Tweet The Premier of the British Virgin Islands, Andrew Alturo Fahie, and BVI port authority head Oleanvine Maynard (“Maynard“), were arrested on drug trafficking and money laundering charges in Miami yesterday, shortly after looking at $700,000 in cash in a private jet that was earmarked for them. The cash, they were told, was a payment […]

Offshore advisory firm that once advised Crocodile Dundee star pleads guilty to helping wealthy clients hide money in tax havens

Tweet Strachans SA Last month, Strachans SA, pleaded guilty in the US to hiding income and assets in offshore bank accounts, and in various corporate entities from tax authorities for its clients. Strachans SA was an accounting and financial services firm based in Jersey and Switzerland. In 2013, it became news-worthy when it and/or one […]

Accountant who worked with law firm in Panama Papers scandal faces ID theft, as well as money laundering charges

Tweet Accountant Richard Gaffey, who was charged with money laundering offences, among others, in connection with the Panama Papers scandal must face charges of identity theft at his trial in connection with working with the law firm Mossack Fonseca, a judge ruled last week in New York. Gaffey had applied to have the ID theft […]

Mexican national with alleged ties to money laundering, is fighting to re-enter Vancouver

Tweet The Vancouver Sun has an interesting story here about an immigration case in the Federal Court of Canada involving alleged money laundering of a politically exposed person (“PEP“) with ties to the leader of a Mexican political party called the National Action Party. Sergio Antonio Reyes Garcia, a Mexican national, arrived in Vancouver on […]

“How to” text book by accountant on using offshore tax havens to avoid money laundering detection

Tweet One of the most curious text books one can find in law libraries is a “how to” series of legal text books on how to select the best international tax haven for clients to hide their money. It’s curious because one would have thought that helping clients hide money is not what lawyers are […]