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Bahamas broker 'pliant' in claimed investment fraud
The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.
Commonwealth Bank Giants stay alive
THE Commonwealth Bank Giants, the best team in the regular season, refused to exit the New Providence Basketball Association men’s best-of-seven championship series without putting up a fight.
Bahamas 0-3 after 96-63 loss to Dominican Republic
The Dominican Republic caught fire from beyond the arch in the second half and, in particular, during a third-quarter run where they took control for good en route to a win in the latest World Cup qualifier.
Heat shake off slow start, beat the Hornets 109-95
MIAMI (AP) -- LeBron James and Dwyane Wade each scored 22 points, Mike Miller added 14 off the bench and the Miami Heat shook off a slow start to run away from the New Orleans Hornets 109-95 on Monday night. James added 11 rebounds and eight assists for Mi
Heat shake off slow start, beat the Hornets 109-95
MIAMI (AP) -- LeBron James and Dwyane Wade each scored 22 points, Mike Miller added 14 off the bench and the Miami Heat shook off a slow start to run away from the New Orleans Hornets 109-95 on Monday night. James added 11 rebounds and eight assists for Mi
Summer of Thunder tourney gets off to exciting start
THE Bahamas Basketball Federation’s Summer of Thunder got off to an exciting start last weekend with a thrilling finish in the series opener and the first win by a local team in the series. The series began as the Temple Owls escaped with a 98-96 wi
Battle 4 Atlantis relocates to U.S.
The Bahamas’ sports tourism product continues to suffer from the fallout of the COVID-19 pandemic with several major events on the local calendar relocated or postponed. The latest casualties were Complete Sport Management’s Battle 4 Atlantis presented by Bad Boy Mowers and bd Global’s Islands of the Bahamas Showcase. Both events will be relocated to respective locations in the United States.
Inaugural Baha Mar Hoops set for November 22-27
THE Baha Mar Resort and bd Global Sports have partnered on a new initiative to add another collegiate basketball event to a busy Thanksgiving holiday weekend this fall.
Nesbitt and team claim title in Brazil's pro league
NATIONAL team member David Nesbitt claimed his second consecutive Novo Basquete Brasil (NBB) championship in as many years.
BISX-listed firm's CEO faces 'grilling' over alleged fraud
The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.
$80k a year to prevent Freeport drainage flooding
GRAND Bahama Port Authority is investing $80,000 annually to ensure Freeport’s drainage system is “storm ready” to prevent flooding.
BISX-listed firm’s affiliate in $75.5m ‘discrepancy’
There is a $75.5 million discrepancy over the sum allegedly held by a BISX-listed firm’s broker/dealer affiliate for a claimed multinational fraud, Tribune Business can reveal, with regulators having seized computers and a server from its downtown Nassau offices.
Two men in rape case say woman gave consent
A POLICE investigator told the Supreme Court yesterday that two of the seven men accused of rape admitted to having consensual sex with a Bimini woman who had also given her permission for their friends to have sex with her after a night of drinking and partying at several night clubs.
PwC wins battle over liquidation of alleged fraud
A huge battle over who should wind-up an alleged multi-million dollar fraud, a case that has embroiled a BISX-listed company, has ended with the Supreme Court appointing a combination of PricewaterhouseCoopers (Bahamas) and the US receiver as liquidators.
Francis Adderley wins President’s Cup Tournament
FORMER softball/baseball player Francis Adderley, who has played well in partnership with others in recent times, emerged as the champion of his first individual tournament over the weekend.
NPBA: Specialists stop Rebels 93-85, Eagles Nest get 96-89 win over Elites
THE Uptown Cuts Specialists and the Leno Eagles Nest prevailed in the New Providence Basketball Association double header at the AF Adderley Gymnasium on Monday night.
Cool 96's Ed Fields signs off for the last time
AFTER TWO decades on air as one of the country’s best-known radio personalities, Ed Fields, known for his provocative remarks and wit, is set to sign off for the last time.
April creditors meeting urged over major fraud
The Bahamian liquidators of an alleged multinational fraud that has ensnared a BISX-listed firm’s affiliate have applied to the Supreme Court for an Order that the first creditors meeting be held during April 2013.
Benchmark denies 'material impact' via client's liquidation
BENCHMARK (Bahamas) yesterday said the Supreme Court-supervised liquidation of one of its key clients would “not have a material impact” on its financial position or “long-term development”, expressing confidence that it would achieve long-term business development goals.
Karl McCartney and Stampeders lead the west in the CFL
NOW in his sixth season with a Canadian Football League powerhouse, Bahamian veteran Karl McCartney is continuing his role as a special teams ace and reserve linebacker.
