Story
April creditors meeting urged over major fraud
The Bahamian liquidators of an alleged multinational fraud that has ensnared a BISX-listed firm’s affiliate have applied to the Supreme Court for an Order that the first creditors meeting be held during April 2013.
Story
BISX-listed firm’s affiliate in $75.5m ‘discrepancy’
There is a $75.5 million discrepancy over the sum allegedly held by a BISX-listed firm’s broker/dealer affiliate for a claimed multinational fraud, Tribune Business can reveal, with regulators having seized computers and a server from its downtown Nassau offices.
Story
Nationals: Top junior golfers emerge
THE top junior golfers in the island nation emerged following the results of the Bahamas Golf Federation’s Junior Nationals.
Story
Collapsed entity’s $5m holding in BISX firm
Questions were last night being raised over the future viability of a BISX-listed company, after court documents disclosed that an entity accused of perpetrating a major multinational fraud held all its $5 million preference share capital.
Story
Pro basketball player Miller off to impressive start in Norway
TAVARIO Miller’s transition to professional basketball is off to an impressive start with a new destination in Norway.
Story
Oil explorer fearing up to $500m harm
The Bahamas Petroleum Company (BPC) fears it could suffer "up to $500m in economic harm" if environmental activists succeed with yesterday's legal bid to halt its oil drilling plans.
Story
Gorospe dominates Caribbean amateur junior golf
AIDEN Gorospe continues to be the top performer thus far for Team Bahamas at the 34th Caribbean Amateur Junior Golf Championships in Humacao, Puerto Rico.
Story
Shockers top Pros, Rockets nip Regulators in NPBA
REAL Deal Shockers and Pyramid Food Rockets pulled off victories as the New Providence Basketball Association continued its regular season at the AF Adderley Gymnasium on Wednesday night.
Story
FIBA World Cup 2023 Americas Pre-Qualifiers: Team Bahamas finishes with undefeated record
THE Bahamas senior men’s national basketball team finished the FIBA World Cup 2023 Americas Pre-Qualifiers for Group A with an undefeated record and will advance to the next round in November.
Story
Nesbitt and team force 5th and deciding game
NATIONAL team member David Nesbitt and his Regates de Flamengo Basketball Club forced a fifth and deciding game in Brazil’s Novo Basquete Brasil (NBB) Finals.
Story
Wells, Rose lead race for trophy
HEADED into the final day of competition at the Caribbean Amateur Golf Championships, one pairing of Team Bahamas will attempt to cling to their position atop the leaderboard while others face an uphill climb toward contention.
Story
BISX-listed firm's affiliate embroiled in '$140m fraud'
The head of a BISX-listed company yesterday told Tribune Business that it had “not been impacted at the moment” by its broker/dealer subsidiary becoming embroiled in an alleged $140 million investment fraud.
Story
JUNIOR JUNKANOO RESULTS - Ministry happy with parade quality
MINISTRY of Youth, Sports and Culture officials claimed yesterday that they are “extremely satisfied” with the quality of the 27th annual Junior Junkanoo parade despite the public’s plea to move it back to Bay Street.
Story
Bahamas broker 'pliant' in claimed investment fraud
The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.
Story
Briefly
Funerals and last rites for Saturday, September 29 and Sunday, September 30.
Story
Bahamas to field its best team ever: FIBA Pre-Olympic qualifier August 14-20
With National Basketball Association’s DeAndre Ayton and Eric Gordon all committed to joining Chavano “Buddy” Hield and Kai Jones, the Bahamas is expected to field its best team for the Pre-Olympic Qualifier in Santiago de Estero, Argentina.
Story
'Risk' broker may not return investor funds
There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.
Story
Liquidator readies control plan for Alliance accounts
Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.
Story
PwC wins battle over liquidation of alleged fraud
A huge battle over who should wind-up an alleged multi-million dollar fraud, a case that has embroiled a BISX-listed company, has ended with the Supreme Court appointing a combination of PricewaterhouseCoopers (Bahamas) and the US receiver as liquidators.
Story
BISX-listed firm's CEO faces 'grilling' over alleged fraud
The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.
