BERMUDA: INTERNATIONAL SEARCH FOR ALLEGED FRAUDSTER

On 4th July, the Royal Gazette reported that police have launched an international manhunt for a Bermudian-based international life insurance company owner accused of investor fraud involving millions of dollars.  Ramesh Dusoruth, owner of St George’s Ltd, faces a charge of fraudulent inducement to deposit or invest and another of transferring criminal property, and is also charged with 3 counts of transmission of false information to the Bermuda Monetary Authority.  He is known to have business interests in Cyprus, Malta and Holland and has homes in London and Antwerp in Belgium.

http://www.royalgazette.com/crime/article/20190703/international-search-for-alleged-fraudster

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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