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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.
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Bahamian pro ball players standout in Europe, Middle East
BAHAMIAN basketball players continue to post standout numbers on their respective circuits throughout professional leagues across Europe and the Middle East.
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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.
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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.
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Ailing James leads Heat past Lakers 98-87
By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- LeBron James shook off flu-like symptoms to score 31 points, Chris Bosh scored 15 and the Miami Heat won their second straight, topping the Los Angeles Lakers 98-87 on Thursday night. Shane Battier scored 11
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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.
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Miller-Uibo, Gardiner win in Diamond League
Bahamian double sprint national record holders Shaunae Miller-Uibo and Steven Gardiner made their 2019 Diamond League Circuit debuts in grand style at the Herculis EBS in Monaco on Friday.
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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.
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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.
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Bahamian connection turning heads with BC Prep Panthers
THE Bahamian connection with the British Columbia Prep Panthers continues to deliver a series of impressive performances as the programme establishes itself as a pipeline for local talent. The Panthers - with Joshua Dames, Bradley Lightbourne, D’Ant
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Benchmark denies 'material impact' via client's liquidation
BENCHMARK (Bahamas) yesterday said the Supreme Court-supervised liquidation of one of its key clients would “not have a material impact” on its financial position or “long-term development”, expressing confidence that it would achieve long-term business development goals.
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Legal threat to $5m benchmark pref equity
Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.
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'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a
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'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a
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'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'
'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a
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Karl McCartney and Stampeders lead the west in the CFL
NOW in his sixth season with a Canadian Football League powerhouse, Bahamian veteran Karl McCartney is continuing his role as a special teams ace and reserve linebacker.
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100 farmers hit through tobacco grow 'scrapping'
Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.
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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.
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'Major concern' over BISX listed firm's $5m prefs
The $5 million investment in a BISX-listed firm’s preference shares “is of considerable concern” to the liquidators of its largest client, who have warned that the deal will receive their “continued attention”.
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Women's Week events to conclude with march on Saturday
UNDER the theme ‘Press for Progress’, a week-long series of events marking Women’s Week and International Women’s Day will culminate in a march on Saturday. March organisers Equality Bahamas said this year’s events focused on bodily autonomy and cre
