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$358m penalty for fraud with Bahamas 'alter ego'

A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.

'Severely hampered' over legal action against Alliance

Liquidators for an alleged multi-million dollar Ponzi scheme have been “severely hampered” by a lack of financing in their efforts to recover a $5 million investment, and pursue legal action, against a BISX-listed company’s main affiliate.

84 new cases and three more deaths as surge continues

EIGHTY-FOUR additional COVID-19 cases were recorded on Wednesday along with three more deaths.

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Young tennis ace looks to continue doubles success

THE Middle Eastern portion of the International Tennis Federation’s circuit continues for young tennis ace Justin Roberts.

Wilson is WNBA defensive player of the year

WITH the season-ending awards shared out, Bahamian Jonquel Jones fell short of winning her first Defensive Player of the Year Award in the Women’s National Basketball Association.

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Jonquel Jones scores 14 as Sun beat Sparks

UNCASVILLE, Conn. (AP) — Brionna Jones had 16 points and a career-high 15 rebounds and the WNBA-leading Connecticut Sun won their eight straight game and 20th of the season, beating the Los Angeles Sparks 76-61 on Saturday night.

Nassau/PI resorts in booking rebound

Bahamian resorts say they have already begun to see bookings rebound post Hurricane Irma, with one executive predicting an even bigger boost as travellers re-book.Ed Fields, Atlantis’s senior vice-president of public relations, told Tribune Business:

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Commission forces Benchmark into broker 'guarantee'

BISX-listed Benchmark (Bahamas) has been forced to “guarantee” its broker/dealer subsidiary will meet all financial obligations for “at least 12 months”, after regulators expressed concern over whether it was a ‘going concern’.

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Ayton, Coleby take spotlight on basketball court

A HEALTHY version of Deandre Ayton’s Arizona Wildcats crept back into the top 25 while Dwight Coleby and his Western Kentucky Hilltoppers put an end to a two-game losing streak this weekend.Ayton finished with 14 points and a game high 13 rebounds in

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Softball Games prelude to Public Service Week

PUBLIC service workers enjoyed softball games at the Blue Hills Sporting Complex on Saturday morning in their leadup to full launch of their commemorative week.

Pinder back in role

EDITOR, The Tribune. As a resident of Spanish Wells I have waited now for a week to see if any of the PLP loudmouths and some Internet site called Bahamas Press - who carried on in the media and also in Parliament back in July about the fact that they ha

Tourism executives meet police on security issues

THE Bahamas Hotel and Tourism Association (BHTA) and the Downtown Nassau Partnership (DNP) met with officers at downtown’s Tourism Police Station to discuss security issues.Representatives from the two organisations met with Superintendent Anthony Ro

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Shipyard to donation helps marching band

THANKS to a donation from the Grand Bahama Shipyard, the Grand Bahama Legends Marching Band can now fund their much-awaited trip to Sanford, Florida.

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Neely helps High Flyers to set up division two decider

THE Division II series has followed the same pattern as Division I and the championship title will be decided in the fifth and final game.

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Avengers even series with police, Cybots take 2-0 lead vs Challengers

THE Bahamas Government Departmental Basketball Association continued its semi-final playoffs at the AF Adderley Gymnasium on Monday night.

QUEENS AND COMETS POWERING THROUGH

by RENALDO DORSETT Sports Reporter rdorsett@tribunemedia.net Known as perennial contenders in track and field, soccer and swimming the Queens College Comets are establishing themselves as a basketball powerhouse in the Bahamas Association of Secondary S

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Giants and Regulators in battle for John Archer pennant

THE Commonwealth Bank Giants and Mr Ship It Freight Regulators, battling it out for the John Archer Divisional pennant, pulled off victories on Monday as the New Providence Basketball Association played a double header at the AF Adderley Gymnasium.

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Wins for Caribs and Stingers as regular season returns

AFTER an exciting All-Star weekend, the New Providence Basketball Association returned to its regular season action on Monday night at the AF Adderley Gymnasium as the College of the Bahamas Caribs and the PJ Stingers picked up victories.

COURTESY CALL BY SENIOR EXECUTIVES

SENIOR executives of the American Council of Education paid a courtesy call on Dr Iva Dahl, manager and consultant at the Bahamas Technical and Vocational Institute. They toured the BTVI campus, shared ideas and experiences, and engaged in mutually benefi

COURTESY CALL BY SENIOR EXECUTIVES

SENIOR executives of the American Council of Education paid a courtesy call on Dr Iva Dahl, manager and consultant at the Bahamas Technical and Vocational Institute. They toured the BTVI campus, shared ideas and experiences, and engaged in mutually benefi