Posts Tagged

British Virgin islands

At VIFreepBreaking NewsBritish Virgin Islands NewsCaribbean NewsInternational NewsIrregularitiesPolice NewsTerritorial AffairsTourism News

BVI’S NAKED CRIMINALITY: The U.S. Department of State has singled out the British Virgin Islands as a major player in drug/illicit money laundering on a world-wide scale. WASHINGTON – The United States named several Caribbean Community (CARICOM) countries as major illicit drug producing and  major drug-transit countries with some regional

Read More
At VIFreepBreaking NewsBritish Virgin Islands NewsBusiness NewsIrregularitiesTourism News

ROAD TOWN, Tortola, BVI — Spanish police say they have arrested 11 people — mostly Russians and Ukrainians — in an operation targeting foreign organized crime gangs involved in money laundering. Police said those arrested allegedly ran a network of companies through which they channeled money from Cyprus and Tortola

Read More
At VIFreepBreaking NewsBritish Virgin Islands NewsBusiness NewsCaribbean NewsInternational NewsIrregularities

ROAD TOWN, Tortola, BVI — A thriving financial services industry that evolved over the last 30 years in the British Virgin Islands made it one of the most popular places in the world to form a corporation, turning a sleepy cluster of Caribbean islands into a global hub of finance.

Read More
At VIFreepBreaking NewsBritish Virgin Islands NewsBusiness NewsTourism News

ROAD TOWN, Tortola, BVI — Stashing money overseas isn’t just for criminals. Legitimate banks and law firms have entire departments devoted to moving wealth offshore. They call it “aggressive tax planning” or “tax avoidance” and it’s perfectly legal — though it costs Canada an estimated $6 billion to $7.8 billion

Read More
At VIFreepBreaking NewsBritish Virgin Islands NewsCaribbean NewsEnvironmental NewsInternational NewsIrregularitiesTerritorial Affairs

MANILA, Philipines — The Philippines will impound a suspected North Korean cargo ship docked at a port northwest of Manila and eventually deport its North Korean crewmen in compliance with tough new U.N. Security Council sanctions on Pyongyang over its latest nuclear test and rocket launch, officials said Saturday. Presidential Communications Undersecretary

Read More
At VIFreepBreaking NewsBritish Virgin Islands NewsIrregularities

ROAD TOWN, Tortola, BVI – A New Zealand boat captain found guilty of the manslaughter of two passengers on a pleasure cruise in the British Virgin Islands has walked free from court. After a lengthy and often emotional trial, Stephen Fossi, 47, was found guilty of two counts of manslaughter

Read More
At VIFreepBreaking NewsBritish Virgin Islands NewsInternational NewsTerritorial Affairs

BVI Customs Commissioner Wade Smith ROAD TOWN, Tortola, BVI – At least $250,000 has been recovered by British Virgin Islands customs officials within the last few months for failing to properly declare the funds at the territory’s sea and air ports, according to Commissioner of Customs Wade Smith. Smith told

Read More
Art NewsAt VIFreepBreaking NewsBritish Virgin Islands NewsCaribbean NewsIrregularitiesTourism News

ACCUSED OF MONEY LAUNDERING: Guy Wildenstein PARIS — International art dealer Guy Wildenstein went on trial in Paris Monday on charges of tax fraud and money laundering, after two relatives tipped off investigators about the family’s financial dealings — prompting authorities to demand a staggering 553 million euros ($602 million)

Read More
At VIFreepBritish Virgin Islands NewsTechnology News

Mark Bakacs and Richard Branson ROAD TOWN, Tortola, BVI – A social media platform aimed at fostering discussions about big ideas is expanding to Australia and seeking a $7 million funding round, after its two founders were boosted by public endorsements from Virgin supremo Richard Branson. Ideapod, the brainchild of Justin Brown

Read More
At VIFreepBritish Virgin Islands NewsMilitary News

ROAD TOWN, Tortola (DPA) – A Chinese server maker and software developer will set up manufacturing plants and research centres in California, state media reported on Saturday. Eastern China-based IT company Inspur will establish a fully controlled subsidiary in the British Virgin Islands and another in the United States, with each

Read More