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International Business

"US man admits $9 million investment fraud using Bermuda account"

An American resident has pleaded guilty to committing a $9 million investment fraud through offshore structures in Nevis and a bank account in Bermuda. Larry Michael Parrish of Maryland admitted one count of wire fraud in a plea agreement that was fi...
May 31, 2013
Other

"BIOS gets funding for interns"

The Bermuda Institute of Ocean Sciences (BIOS) has been given funding by the National Science Foundation for its Research Experiences for Undergraduates Programme. The programme will support internships at BIOS this fall, giving eight undergraduate s...
May 31, 2013
Other

"Former Miss Bermuda Ross in employment row with Buzz"

Former Miss Bermuda Heather Ross is at the centre of a battle for compensation and human rights after she was accused of being a drug addict by an anonymous source. Hired as an assistant manager at the Buzz outlet at Collector’s Hill Gas Station, Ms ...
May 31, 2013
Tennis-Squash

"BSRA delightedas squash makesOlympic shortlist "

Bermuda Squash Raquets Association (BSRA) president Patrick Foster was all smiles yesterday as squash beat off five other sports to remain in contention to be added to the Olympic Games programme in 2020. Squash, along with baseball/softball and wre...
May 30, 2013
Cricket

"Parents urge BCB to retain coach Moore"

Parents of National Academy cricketers have called for Bermuda Cricket Board (BCB) to “revisit” the contract of national cricket coach David Moore. The Australian’s original contract with the BCB expired in February of this year but was extended for ...
May 30, 2013
Football

"Jonte keen to impress against England"

Jonte Smith is relishing the opportunity to make his senior national team debut against England ‘C’ at the National Sports Centre (NSC) next Tuesday (7:30pm). The Crawley Town striker has been named in Bermuda’s 18-strong squad that also boasts fello...
May 30, 2013
Court

"Man accused of stalking"

A 25-year-old man was today charged in Magistrates’ Court with stalking. Jahcari Morris pleaded not guilty to stalking Debra Lynn Furgondo on May 27 in Warwick. Senior Magistrate Archibald Warner set a trial date for August 12 and released Mr Morris ...
May 30, 2013
Other

"CATCo: Sandy loss estimate unchanged"

CATCo Reinsurance Opportunities Fund reported that estimated losses for last year’s Hurricane Sandy are unchanged at $18.75 billion. A specialist Bermuda reinsurance-linked investment manager, CATCo says this is the third re-survey loss estimate issu...
May 30, 2013
International Business

"US man admits $9 million investment fraud using Bermuda account"

An American resident has pleaded guilty to committing a $9 million investment fraud through offshore structures in Nevis and a bank account in Bermuda. Larry Michael Parrish of Maryland admitted one count of wire fraud in a plea agreement that was f...
May 30, 2013
International Business

"Risky business on agenda at Appleby, STEP seminar"

Key speakers from two overseas law firms will address Bermuda’s trust industry in a trust litigation seminar called, Risky Business. Appleby announced that it will co-sponsor a seminar with the Society of Trust and Estate Practitioners Bermuda branch...
May 30, 2013
Court

"Grotto Bay GM charged with immigration breach"

Grotto Bay Hotel general manager JP Martens has been charged in Magistrates' Court with illegally employing five US men. Mr Martens, 55, yesterday pleaded not guilty to all five counts. He was accused of giving work on April 4 to Samuel Rosenberg, Se...
May 30, 2013
On The Market

"Homefinder: Three condos with the right altitude!"

Three sleek city condos are on the market and priced to sell at just over $500,000 each. Two large one bedroom condos, each with a full bathroom and half bathroom, are available at Park Place at 6 Dundonald Street. Priced at $550,000 each, they can b...
May 30, 2013
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