VICTIMS ASSERT THAT BARBADOS' BANKS ARE ACTIVE PLAYERS IN CORRUPTION

 

If you thought that the predatory lawyers, preying upon ordinary Bajans seeking to obtained their rightful inheritance during probate (estate) proceedings,  are the worst bad actors in Barbados, meet the local banks and bankers. Victims surveyed uniformly complain about illegal, unethical, and unrestrained criminal acts perpetrated upon them by the country's banks and senior bankers.

Whilst we intend to detail several of the specific fact patterns for our readers, think for a minute about these accusations and allegations which have already reached our desk during the ongoing investigation:

(1) Expats who return home to Barbados to find out, to their utter dismay, that their accounts have been closed, and the bank very uncooperative about their enquiries.

(2) Allegations that the bankers are colluding with the predatory lawyers to steal real estate from Bajans.

(3) Specific accusations levied against the local branches (or subsidiaries) of Canadian banks, allegedly taking money from depositors. The theft of accounts, by Caribbean banks, of their narcotics trafficking clients, upon their arrest in the United State or Europe, is a well-known tactic in the region, but we are talking about legitimate, honest, hard-working individuals, not drug kingpins.

(4) Links between Bajan banks and career money launderers, who turn out to be among the largest depositors at certain banks.

This is but a taste of where we are going; stay tuned.

AN OPEN LETTER TO BARBADOS' CHIEF JUSTICE ON RAMPANT ATTORNEY MISCONDUCT

 

 

TO: Chief Justice Sir Patterson Cheltenham 

Whilst you warn Barbados' newest admitted members of the Bar, and admonish them to not consider their law licenses as their fast track to a "Get-Rich-Quick" scheme, you are, unfortunately, completely missing the point. Take a hard look at the names of the latest crop of attorneys. How many of them are the sons and grandsons of lawyers we have named and shamed on this blog as predatory and corrupt ? 

When I was sworn in as a young lawyer, fifty years ago, the presiding judge, mindful of the pending Watergate scandal, noted that lawyers have the greatest propensity for either good, or evil, and it is up to them to chose the proper path; Wise words.

Just where do you think that the money came from for their undergraduate and legal eductions, especially those which were obtained abroad ? How many of their immediate relatives are lawyers who have become senior government officials, members of the judiciary ? And how did they attain those lofty positions, we ask ? Through actual merit, or as a beneficiary of the corrupt power structure that rewards those who adopt the predatory methods and tactics of man Old Boy System which shares the proceeds of crime, covers up for their co-conspirators, and avoid liability for their sins.

Perhaps it is high time that a new class of lawyers come before the Bar, those interested in public service, in service to the people, and not focused on greed and avarice. Reform or perish, ladies and gentlemen. Disregard the old methods of fleecing clients, and live up to your professional oath. It is high time for a new breed of lawyer to appear in Barbados, an honest one.

BAJANS JOIN US FOR THE CALL-IN SHOW TOMORROW TO DISCUSS SOLUTIONS AND COMPENSATION FOR VICTIMS OF LAND FRAUD

 

Readers from Barbados, as well as expats, are welcome to call in to BajanVibesRadio tomorrow, Saturday, at 0900 Eastern and Atlantic Times, or 1400 hrs BST, for our lecture on how victims of land fraud can obtain not only justice, but compensation for their loss. There will be call-ins allowed, and you are encouraged to reach out to tell your story. 

We will be discussing actual solutions, so tune in online atl https://246bajanvibesradion.com/

Kenneth Rijock, Miamicompliance@gmail.com

A WORD TO THE WISE: EU COMPLIANCE OFFICERS, KEEP MALTA AS HIGH-RISK FOR AML/CFT ENFORCEMENT DEFICIENCIES

 

The removal, this week, of the Republic of Malta from the Financial Action Task Force (FATF) Greylist of Uncooperative Jurisdictions, was a major mistake, and most likely occurred for political, rather than factual, reasons.  Malta was, after all, the sole EU jurisdiction to suffer placement on the Greylist.

These statements of fact clearly disqualified Malta from any favourable FATF action:

(1) None of the Iranian, American and German officers and directors of the Iranian-owned money laundering Pilatus Bank, whose charter was revoked by the ECB, have been charged.  Only the bank and its MLRO now face charges in Malta. 

(2) None of the senior government officials, past and present, who have engaged in money laundering, and against whom there is clear and convincing evidence, have been charged with either money laundering or corruption.

(3) Russian holders of Malta IIM Citizenship by Investment passports, some of whom are known Oligarchs and their immediate families and associates, meaning PEPs, have been allowed to retain their Schengen Zone access passports, notwithstanding EU sanctions on the Ukraine.

(4) The movement of over $130m in criminal proceeds from Venezuela transited the country's largest financial institution, and no charges of any sort have ever been filed. 

Do not lower your present Country Risk assessment on Malta, as a part of your risk-based AML/CFT compliance system.

READ THE $269,691,228.74 MIAMI FINAL JUDGMENT IN THE BARBADOS FRAUD CASE

If you want to get a sense of the level of pure evil that has occurred in Barbados, read the following final judgment. It recites a campaign of intimidation and extortion that resulted in a forcible sale of a valuable interest in and to real estate, through a systematic racketeering scheme.  The fact that a huge two hundred sixty-three million dollar treble damages jury verdict was entered should convince the reader how egregious the conduct of the bad actors was determined to be by a jury.

The final judgment was entered on August 11, 2021. We shall be monitoring the case, during the post-judgment collection phase, to keep our readers posted on efforts to recover on that extraordinary judgment, both within the United States, as well as abroad. 

OUT OF GOVERNMENT AND FLUSH WITH DIRTY CASH, EZL BUYS A PALAZZO IN BIRKIRKARA

"My Source of Funds ? Forget about it, Gahan !"  by COSIMO

This corpulent, corrupt curiosity is EDWARD ZAMMIT LEWIS, late the Minister of Justice of Malta. Now, pushed out of the newest PL government, he has recently acquired a mansion, which is actually a converted palazzo in Birkirkara,  relocating from his hometown. If you have never studied Italian, that means it used to be a palace, which will give you an idea of its size and cost. 

The price was reported to be many millions of Euros. Given that he is allegedly known to be a money laundering client of IOSIF GALEA, along with JM and KS, one can assume where the funding came from. The legal income from his former ministerial post could not have resulted in sufficient money to purchase even one room in this grand palazzo.

We have previously reported on EZL's star-crossed illicit love affair with a prominent PN lady*; both parties were, of course, married to others, but in the Mediterranean version of Sodom & Gomorrah, anything goes; ask disgraced former Maltese Prime Minister Joseph Muscat about Original Sin. By the way, Lewis' now ex-paramour also moved into new digs allegedly purchased with unexplained wealth. It's a villa in the town of Attard.

The EZL story is now relevant, due to Galea's exposure as the central player in the Malta Gaming Authority scandal, which saw not only arrests, but Galea's corrupt role in securing gaming licenses front and center in a scheme that will deal a possible fatal blow to Malta's dodgy online gaming industry. Will Galea finger EZL and the rest of the JM PL crew that he laundered bribes and kickbacks for ? Stay tuned.  

_______________________________________

*Why is the Illicit Affair between Malta's Justice Minister and an Opposition MP Out of Bounds ?

JOIN JOHN WAYNE SCANTLEBURY IN TAKING A BITE OUT OF BAJAN CRIME

Our goal is to pursue those corrupt Bajan attorneys and government officials who have abused the legal system to steal valuable real estate from its owners, who either own, or are inheriting, their family land, through fraud and deception. Whilst it is obvious that no justice can be had in Barbados court system itself, due to rampant corruption, there are other venues in which we can seek relief abroad.

Obviously, Barbados' corrupt court system, with its predatory attorney class, only interested in feathering its own nest, is not the appropriate place to seek relief. You simply cannot win at home.

Any readers who can show that they are victims of real estate fraud, involving their family real estate holdings, and can show that their family originally owned property since taken from them through criminal action, are welcome to join in our quest for monetary compensation, in the courts outside Barbados. We welcome you on board the train for justice.

We need to hear from you; if you have suffered the loss of family real estate, either through loss during probate (estate) proceedings, or through fraud or deception, email us at: miamicompliance@gmail.com 

It is understood that many victims fear being identified to the prominent lawyers and officials who stole from them. Your identity will not appear on this blog or anywhere else. We shall explain how we intend to secure attorneys outside of Barbados to bring civil actions to recover the value of the property that you have lost. If you qualify, you are free to join us in taking a bite out of those who took that which rightfully belongs to you.  

PAGE TWO OF VIOLET BECKLES LIST OF CORRUPT BARBADOS ATTORNEYS INVOLVED IN LAND FRAUD

 

As promised, above please find Page Two of the master list compiled by Violet Beckles and her late son, Dennis Agard, regarding Bajan attorneys that they asserted engaged in corrupt activities involving widespread land fraud. We note that there is some duplication with a few named that appear on Page One.

We call upon the Barbados Bar Association to open an investigation into attorney misconduct charges of all the named lawyers. otherwise, we shall take it upon ourselves to assemble the evidence ourselves, which is in the hands of the descendants of the victims, and publish it on the Internet, to demonstrate the failure of the BBA to protect the citizens of Barbados.   

PROTESTERS SEEK TO HOLD PUBLIC MARCH IN BARBADOS TO AIR THEIR GRIEVANCES

 

Citizens of Barbados have petitioned the Supreme Court Registrar for permission to hold a Public March in the Supreme Court of Barbados Parking Lot. The purpose of the March is to air their complaints and grievances. 

There has been an increase in public discourse throughout Barbados of late, including but not limited to the rampant official corruption, issues with extreme delays in obtaining justice in the courts, organised theft of real estate by predatory attorneys, and the failure of the Barbados Bar Association to obtain Disbarment of attorneys convicted of a Felony.

We shall update our readers on this issue as soon as more information is received.

NEWS FROM THIS BLOG TRIGGERS MASSIVE ONLINE GAMING SCANDAL IN MALTA

Malta's online gaming industry is a shambles this week, after the Malta Gaming Authority (MGA), reeling after major arrests, ordered that all gaming license applications handled by gaming "consultant;" IOSIF GALEA, be reexamined, and applications already approved be investigated anew. Whether this will drive gaming companies from Malta is a distinct possibility.

This scandal broke after this blog disclosed that Galea, who was arrested in italy on a German warrant, was the longtime paramour of Michelle Muscat's personal assistant. Maltese media either did not have that important information, or was afraid to print it due to the power of disgraced former Malta Prime Minister, JOSEPH MUSCAT, who allegedly used galea to launder the proceeds of crime, being bribes and kickbacks he received whilst PM. Witnesses have repeatedly seen Galea and Muscat vacationing together abroad.

Galea was allegedly paying MGA leaders bribes to approve his gaming license applicants, after receiving large sums from his clients to guarantee a successful application process. He is allegedly linked to money laundering operations through gaming entities, and is also alleged to have laundered bribes received by KS and EZL, when they held public office in Malta.

BRUCE BAGLEY IS SERVING HIS 6-MONTH SENTENCE FOR MONEY LAUNDERING AT FCI COLEMAN LOW

If you were wondering what became of former University of Miami Professor Bruce Bagley, he is currently serving his six-month sentence for money laundering at Federal Correctional Institution Coleman in Florida. We do not know if he is in the low security section, or the adjacent work camp. He is scheduled for release on September 2. He has no post-incarceration Supervised Release specified in his Judgment and Notice of Commitment.

OCTOBER TRIAL FOR ALEX SAAB MORAN MONEY LAUNDERING CASE IS CANCELLED

 

At a Status Conference conducted recently in US District Court in Miami, the October 11, 2022 jury trial of accused master colombian money launderer ALEX NAIN SAAB MORAN was cancelled. The listed grounds shown was the generic "Ends of Justice."  An evidentiary hearing on the defendant's Motion to Dismiss has been set for August 29, and at the end of that hearing, if necessary, the trial date will be rescheduled.

Rumours that Saab negotiated and finalized a plea agreement before his extradition to the United States continue to circulate. Potential targets of Saab's testimony in Venezuela, Malta and Antigua have expressed fears that they will end up in a superseding indictment in the Miami case, and that the defendant will, as the result of his cooperation, end up with a relatively short sentence.
    

HOW "PUMP AND DUMP" SCHEMES WORK; AN ANALYSIS

Inasmuch as we will be diagramming what are commonly known as "Pump and Dump" fraudulent stock sales schemes in our upcoming articles about Iranian fraudsters operating from Canada, and targeting American and Canadian investors, we believe that a concise analysis of how schemes work is relevant.

Pump and Dump, also sometimes known as an "Oklahoma" scheme, is a fraudulent method through which financial criminals manipulate the apparent value, and thereby price, of marketable securities. The scheme is accomplished through a variety of methods, all of which is designed to convince a ready, willing and able purchaser to buy the fraudster's stock.

(1) The most commonly-used technique is to orchestrate captive sales, between confederates or co-conspirators, at prices higher than the actual market value. This may be repeated, until the published sales prices are substantially increased. At that elevated price, the fraudster intends to sell the artificially-inflated stock to an unsuspecting public. He is often successful.

(2) To motivate innocent sellers into purchasing the now extremely-overvalued stock, the fraudsters resort to a number of media methods: paying commentators an illicit fee to spread false or misleading information about the stock's value, use of Internet chat rooms, social media sites, investment research sites, and even newsletters. All these are designed to attract the victims to the specific securities that the fraudsters have already inflated, by hyping the attractiveness of the stock to buyers. 

(3) Another method is to spread false information about a positive event at the company that will imminently increase the worth and value of the stock, such as the release of a new product, merger with another entity that will result in the sale or exchange of shares at an increased price, approval of a regulated product by a government entity, news about a patent, or other favorable news. Of course, the information is a fabrication; there is no factual basis for the "inside" information being promoted.

(4) The stock, after its purchase, rapidly loses value in the marketplace. 

These methods, often used in tandem, have been employed by our Canada-based fraudsters, to trick and deceive American and Canadian investors into purchasing securities at inflated rates. Often, these stocks are of extremely low value, verging on worthless. 

  

ONE VICTIM STRIKES BACK AT BARBADOS' CORRUPT POWER ELITE ABROAD

                                                           PART TWO

John Wayne Scantlebury, a Bajan businessman who, like many others in his country, has been the victim of Barbados' highly organised (and government-supported) land fraud scheme, but with one important distinction: he is fighting back. Bajans whose birthright, the inheritance of property that has been in their family for generations, has been lost, due to an unregulated predatory attorney class, supported by the country's corrupt court system, who divert real estate holdings during lengthy probate proceedings, or alter or forge property registry records, have lost much of their patrimony.

Mr. Scantlebury, a burly realtor with inside knowledge of the systemic fraud being perpetrated upon he and his fellow Bajans, and who has been an outspoken advocate for reform and restitution, has chosen to seek legal relief outside Barbados, where corrupt judges, influenced by lawyers paying bribes and kickbacks, including sweetheart deals on stolen property, deny justice to ordinary citizens. While we cannot disclose any details, regarding his affirmative actions abroad, he is targeting not only the corrupt attorneys, but their associates and frontmen, all of whom have sucked assets out of the average citizen for far too long. it is time for payback, somewhere that the corrupters cannot have any influence.

Consider this an open invitation to any Bajan who has lost his or her property, and wants to join in on our movement for justice through action abroad, against those who stole from you. We will not broadcast our strategy and tactics, but if you want to come onboard, read our upcoming Part Three of this series for further instructions. We hope to create a national movement to effectuate recovery of what has been lost, and is so dear to the families who handed down their property for generations, only to lose them to thieves wearing suits and using the courts for evil. Join Mr. Scantlebury to get back what is yours.

REPORTS ALLEGE FORMER BVI PREMIER HAS BEEN RELEASED TO HOME CONFINEMENT ON BAIL

 

Media reports assert that indicted former British Virgin islands premier ANDREW FAHIE has fulfilled his $1,000,000 bond requirement, and has been released on bail to House Arrest (Home Confinement). Apparently Fahie satisfied the Nebbia requirement, which is satisfying the Court that the Source of Funds for the bond premium was legitimate. A local businessman is said to have posted the bond funds. This information has not been independently confirmed.

Given that the trial has been set for July, the pressure must be on the defendant to conclude a plea agreement forthwith. Facing an imminent trial, he may be forced to enter into an agreement less favourable than one he could have obtained early on. Rumours continue to circulate that Fahie has already given up the names of senior East Caribbean leaders involved in facilitating narcotics trafficking into the US, as well as assisting in money laundering placement.

Fahie must remain within his daughters' Miami residence; his attorneys must meet with him there, he is not allowed to leave the property, except for court appearances. He is required to wear an ankle monitor, and cannot be in close proximity to any transportation hub or centre, such as an airport or seaport.