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Tag: Money laundering

Cayman on US money laundering list

Cayman on US money laundering list

| 24/03/2015 | 2 Comments

(CNS Business): Seven Caribbean countries find themselves on the US “Major Money Laundering List for 2015”. The United States Government published its “2015 International Narcotics Control Strategy Report” on Wednesday, and the Cayman Islands is on the list.

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Convicted money launderers now whistleblowers

Convicted money launderers now whistleblowers

| 07/10/2014 | 5 Comments

(CNS Business): Canadian investment advisor Eric St-Cyr, who was working from a Cayman Islands-based financial services firm, and Patrick Poulin, a Canadian attorney based in the Turks and Caicos Islands, were both sentenced Friday to serve 14 months in prison and three years of supervised release for conspiring to launder money. The two men are […]

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Jail sentence for Cayman-based money launderer

Jail sentence for Cayman-based money launderer

| 08/09/2014 | 1 Comment

(CNS Business): An investment advisor based in the Cayman Islands was sentenced by a federal court in Virginia Friday to 30 months in prison for his part in a $2 million money-laundering conspiracy, the DOJ and Internal Revenue Service (IRS) said. US citizen Joshua VanDyk (34) pleaded guilty on June 12, having been arrested in […]

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