Topic: fraud
Man admits trying to enter Cayman with fraudulent passport
An air arrival has pleaded guilty in court to an attempt to enter Cayman with a fraudulent passport
Cayman banks fight back against ‘money muling’
The Cayman Islands Bankers Association is launching a campaign to help Cayman bank account holders avoid a growing financial fraud.
Public warned about fraudulent immigration services
The Ministry of Immigration and the Ministry of Home Affairs are alerting the public about recent reports involving individuals fraudulently offering immigration services.
Bankers warn of increase in new ATM scam attacks
The professional association for Cayman's banks on Wednesday warned ATM users to be on the lookout for scams that could see their accounts raided after a near-50% jump in malware attacks in the region.
Hurricane-shutter fraudster’s prison sentence reduced to 3 years
A hurricane-shutter fitter who was jailed for five years for defrauding nine clients out of $15,400 will serve three years instead, after the Court of Appeal reduced his sentence.
Cayman liquidator frustrated by Trump commuting sentence of US fraudster
US president Donald Trump's decision to give a "serial fraudster", who used a Cayman-registered firm in his schemes, an early release from jail signalled to criminals it was "open season and business as usual", a Cayman Islands company liquidator has said.
Warning over scam ‘Cayman Crypto Bank’
Police and regulators are warning the public about a fake 'Cayman Crypto Bank'.
Two charged with fraud, money laundering
Following what it describes as a "complex and protracted investigation", the Anti-Corruption Commission has charged two men with fraud and money laundering.
How a lavish US$100,000 shopping spree landed US scam gang in a Cayman prison
A gang of American credit card fraudsters who bought almost US$100,000 worth of luxury jewellery and electronics during a lavish spending spree in the Cayman Islands has been jailed.
Ex-Licensing officer among three facing fraud and bribery charges
A former licensing officer and two others have been charged with various offences including defrauding the government, misconduct in public office and bribery following an Anti-Corruption Commission investigation.
Hurricane-shutter fraudster sentenced to 5 years in jail
A judge has sentenced a hurricane-shutter fitter to five years in prison for defrauding nine of his clients out of $15,400 over almost seven years.
Judith Douglas sentenced to 80 months for rental scam
Serial con-artist Judith Douglas, 57, has been sentenced to more than six-and-a-half years in prison for scamming several potential tenants out of thousands of dollars in rent deposits on a single property.
Prosecutors seek tough sentence for serial con-woman
Prosecutors have called for a tough sentence for a serial con-woman who stole more than $50,000 from a string of victims in a rental scam that left them homeless and scrambling for cash.
Fraudsters target Cayman with fake business emails
International fraudsters are targeting businesses in the Cayman Islands through fake emails – often from known and previously used email addresses.
$480K Turtle Centre fraud case returns to court
The former Cayman Turtle Centre employee who admitted in March to massive fraud was back in Grand Court last week for a fresh examination of the evidence.
‘Pig butchering’ scam claims a dozen Cayman victims
Police are warning residents to be vigilant of a highly effective, emotionally draining and financially devastating scam that has recently surfaced in Cayman, ripping off at least a dozen victims of between $5,000 and $1 million each.
Deutsche Bank liable for US$95 million in Ponzi scheme suit
Liquidators of four Cayman Islands companies that were extorted in a huge Ponzi scheme have won a civil court case that will see them recoup US$95 million.
Prosecutors call for lengthy prison sentences for Watson and Blake
Prosecutors are calling for sentences of up to 14 years and seven years, respectively, for former Cayman Islands Football Association and CONCACAF executives Canover Watson and Bruce Blake, for defrauding the local and regional governing football bodies between 2013 and 2014.
Guilty pleas result in $500K Turtle Centre fraud trial called off
The $500,000 fraud trial of a former Cayman Turtle Centre staff member and a third-party information technology company owner, which was slated to begin this week, has been called off after the prosecution accepted guilty pleas.
ACC arrests duo in money laundering probe
Two men were arrested this week on corruption charges arising out of an Anti-Corruption Commission investigation, the details of which have not been made public.
Russia seeks information on missing ‘bank fraud’ funds from US correspondent banks
Russia’s National Bank Trust (NBT) is seeking transactional records from three New York-based correspondent banks to support its lawsuits in Cyprus against Dmitri and Alexei Ananyev, the former owners of PJSC Promsvyazbank and JSC Avtovazbank.
Manager of Cayman fund sentenced to 8 years for fraud
New Zealand fund manager Kelly Tonkin, who overstated the net asset value of his Cayman fund and forged a BDO Cayman Islands auditors report, has been sentenced to eight-and-a-half years in prison by a court in Christchurch.
Former HSA security staffers cleared of fraud charges
A jury on Tuesday found two former Health Services Authority employees not guilty of fraud charges relating to overtime.
HSA security staffers on trial for fraud
Two government employees accused of defrauding the Health Services Authority of thousands of dollars found themselves on trial in the Grand Court earlier today.
Moss, Watson and Webb charged with fraud
Charmaine Moss, Jeffrey Webb and Canover Watson are all jointly charged with one count of conspiracy to defraud CONCACAF (Confederation, North, Central America and Caribbean Association Football).
Updated: Police capture suspected fraudster
Police are seeking a suspected fraudster who flew into Grand Cayman last week.
Man arrested for bribing public officer
Anti-Corruption Commission investigators and police arrested a 55-year-man from Newlands on Wednesday in an ongoing fraud and bribery investigation.
Three immigration officers found guilty of fraud conspiracy
Of five immigration officers charged with conspiracy to commit fraud on the government, three were found guilty by a Grand Court jury on Tuesday, with the other two officers found not guilty.
English test conspiracy, fraud trial nears end
A Grand Court trial now in its seventh week is nearing its end as Justice Philip St. John-Stevens was scheduled to continue summing up the matter on Monday.
Scotiabank targets fraud with transaction alerts
Scotiabank recently launched its new alerts feature for debit and credit card transactions, which gives real-time notification once a debit or credit card transaction is conducted.
Evidence concluded in immigration conspiracy trial
Evidence concluded late Friday in the trial of five immigration officers and two civilians charged with conspiracy to commit fraud against the government.
Court upholds order freezing accounts tied to fraud scheme
The appeals court last week denied attempts by Bahamas citizen Kelvin Leach to overturn an order freezing accounts that are alleged to be connected to money laundering and other criminal activity.
Crown concludes evidence in immigration English test trial
Grand Court did not adjourn until almost 5 p.m. on Friday, but the extended time allowed Acting Director of Public Prosecutions Patrick Moran to conclude the presentation of evidence in the Crown’s case against five immigration officers and two civilians.
Civil servants given day off for anti-fraud training
As of last September, only 19 percent of Cayman’s 3,950 civil servants had completed government’s fraud-awareness training – an online course on the 2017 anti-fraud policy, which is designed to curtail corruption.
Permit applicant failed three of four English tests
Senior immigration officer Joey Scott gave evidence on Thursday in the trial of five immigration officers and two civilians accused of conspiracy to commit fraud on the government by arranging payments to the officers in exchange for inappropriate assistance to candidates to pass an English language test.
Immigration officers accused of fraud
The Crown’s case against five immigration officers and two civilians was opened on Monday, when prosecutor Patrick Moran detailed allegations that individuals who needed work permits were receiving improper assistance with an English language test in exchange for money.
Cayman Islands police warn of fraudulent investment company
The police are investigating reports of a fraudulent investment company purportedly based in the Cayman Islands and has warned potential investors into any companies in Cayman to carry out proper research and due diligence.
Cayman broker charged with securities fraud
The SEC has charged Cayman-based broker Oliver-Barret Lindsay together with a stock promoter and three others involved in a series of alleged penny stock fraud schemes that unraveled as a result of an FBI undercover operation and an SEC trading suspension.
Court dismisses dishonesty claim against Butterfield Bank
The Grand Court has ruled that Butterfield Bank (Cayman) Ltd. did not act dishonestly when it failed to spot multiple fraudulent transactions from 2008-2010, causing a captive insurance company to be fleeced for about US$529,000.
Cayman’s longest court case: A ‘cauldron of fraud’
The longest and most expensive trial in Cayman Islands history concluded Thursday, as Chief Justice Anthony Smellie handed down an extensive judgment unraveling what he described as a “cauldron of fraud.”
Immigration fraud trial set for January
A trial expected to last two months has been set to start on Jan. 14, 2019, for six immigration personnel and five other defendants on charges relating to the provision of assistance to pass a required English Language Test, and arrangement of payment of a reward for providing such assistance.
Immigration fraud charges adjourned
Six public officers and six civilians appeared in Grand Court on Friday, facing charges that relate to an English-language proficiency requirement for foreign workers.
2 more charged in ‘English test’ fraud
Criminal charges filed against a dozen people this week were related to a scheme to cheat the Immigration Department’s English language test for work permit holders, according to the Cayman Islands Anti-Corruption Commission.
More immigration staffers charged in fraud case
Seven more people, including three immigration officials, were charged Tuesday and Wednesday in connection with an ongoing fraud investigation at the Immigration Department.
Three charged in immigration fraud case
Criminal charges were filed Monday against three people in an ongoing corruption investigation involving the Cayman Islands Immigration Department.
Saudi fraud trial ends this week after a year in Cayman court
After more than a year of evidence, the biggest trial in Cayman Islands history, a multibillion-dollar fraud case investigating the collapse of a Saudi business empire, is expected to come to an end this week.
Trial set for travel fraud charges
A woman charged with conspiracy to defraud pleaded not guilty on Friday and had her trial set for April 3.
Card conspirators lose sentence appeal
Two men sentenced in March for conspiracy to defraud Cayman banks with cloned credit cards have lost their appeal against the length of their prison terms.
‘Perennial fraudster’ Levitt sued by former employer
An accountant who was convicted of stealing from a Cayman Islands law firm in 2013 now faces a civil court lawsuit as the firm seeks to recover the remaining cash it says he stole.
Saudi family feud puts Cayman’s courts in international spotlight
One of Saudi Arabia’s wealthiest businessmen stands accused of a multibillion-dollar fraud as the largest trial in Cayman Islands history begins Monday.
Friends of supermarket boss ordered to pay for court no-show
Friends of a supermarket manager who left the island facing charges of dishonesty have been ordered to pay a total of $22,500 after he failed to show up for a court appearance.
Funds liquidator charged in fraud case
A George Town man is now charged in connection with a fraud and money laundering investigation being conducted by the Royal Cayman Islands Police Financial Crime Unit.
Travel agent not guilty of obtaining by deception
Ingrid Scott, co-owner of Sea 2 Sky Travel Agency, was found not guilty on all 29 charges of obtaining property by deception in dealing with customers. The jury returned unanimous verdicts late Tuesday.
Travelers stranded after ticket scam, court hears
A travel agent took more than $25,000 in cash from customers but failed to provide them with valid airline tickets, a court heard Tuesday.
Two RCIPS finance employees arrested for theft
Two civilian employees in the Royal Cayman Islands Police Service’s finance department have been arrested in connection with what authorities allege was a theft from the police service.
Family seeks to protect Aussie millionaire’s Cayman property
The daughter of Australian multimillionaire James Bruce Handford has applied to the Cayman Islands Grand Court to request that Mr. Handford’s remaining properties here be placed into receivership at the direction of the court.
Bouchard sentenced to 12 years
Michelle Bouchard was sentenced to 12 years in prison Thursday after a Grand Court jury found her guilty of 25 out of 26 charges of dishonesty.
BREAKING: Judge sentences Bouchard to 12 years
A Grand Court jury found Michelle Bouchard guilty of theft and other charges Thursday morning.
Jury retires to deliberate in Bouchard trial
A Grand Court jury of four men and three women retired Wednesday afternoon to consider evidence in the trial of Michelle Bouchard.
Deportation ‘likely’ after Webb guilty plea
Cayman businessman Jeffrey Webb faces up to a 20-year sentence, possible deportation and additional fines in exchange for his November guilty plea to racketeering and fraud-related charges in connection with the ongoing FIFA probe in the U.S.
Police investigating fund theft
The Royal Cayman Islands Police Service is investigating the criminal complaint of a theft from a locally managed investment fund.
Defense: Bouchard journals ‘confessional’
The Crown and defense wrapped up their closing statements in Michelle Bouchard’s theft trial Tuesday, both referring at times to the defendant’s journal, extracts of which had been read out in court earlier.
Bouchard tells court letter to Handford was ‘not a contract’
A letter she wrote to James Bruce Handford on May 28, 2010 was “not a contract,” Michelle Bouchard told the court on Monday.
Crown queries defendant’s claim of being engaged
When her trial enters its third week on Monday, Michelle Bouchard is scheduled to continue being questioned by lead prosecutor Simon Russell-Flint.
Bouchard says she became engaged to her alleged victim
Michelle Bouchard and the man she is accused of stealing from became engaged in early 2012, she told Justice Paul Worsley on Thursday.
Diary tells of Bouchard’s hopes for wealth, stability
Gratitude, concerns about financial security and sexual intimacy were themes repeated in diaries Michelle Bouchard kept from January 2010.
Joint account transfers raised ‘red flags,’ court hears
The personal banker of an elderly customer told jurors “red flags” were raised when Michelle Bouchard transferred large amounts of money out of the joint account she held with the man from whom she is accused of stealing more than $2 million.
Daughter of alleged victim testifies in $2M theft trial
The daughter of millionaire James Bruce Handford, from whom defendant Michelle Bouchard is accused of stealing more than $2 million, told a Grand Court jury that her father contacted police after examining joint accounts he held with Bouchard in 2012.
Elderly theft case: Signature not genuine, expert says
Forensic document examiner Frank Norwich told jurors in the trial of Michelle Bouchard Thursday that a signature he was asked to examine was not genuine.
Home Affairs staff begins fraud training
Accounting and management staff from the Ministry of Home Affairs will attend fraud prevention and detection training over the next two weeks.
Hackers try, and fail, to scam ICTA
Online scammers did their research on the Information and Communications Technology Authority, grabbing public information about the organization’s managing director and chief financial officer in an attempt to get the regulator to wire almost $40,000 to a bank account.
Police warn public over fraudulent fundraisers
A number of churches around Grand Cayman have reported individuals conducting fraudulent fundraisers supposedly on behalf of congregations in George Town and West Bay in recent weeks.
