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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.

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Mountaineers rout Bahamas team by 46

Head coach Dustin Kerns likes what he saw from his Appalachian State University Mountaineers men’s basketball team in their 46-point rout over the Bahamas Select Team yesterday at the Summer of Thunder in the Imperial Ballroom of the Atlantis resort on Paradise Island.

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Young golfers in the lead

THREE of the top young players are sitting on top of the standings after the first two days of competition at two different venues in the Bahamas Golf Federation’s National Amateur Championships.

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Bahamians look to have strong sophomore seasons on court

BAHAMIAN players at the junior college level are looking to have strong sophomore seasons and position themselves for an opportunity to eventually transfer to an NCAA programme.

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Heartbreaking loss for Bahamas

THE Bahamas men’s national team dropped a heartbreaking 84-81 loss to Mexico and now they are automatically eliminated from contention of winning the CentroBasket Tournament in Panama.

Regulators nip the Shockers 83-82, Athletico Bahamas gets 96-73 win over Elite Basketball

ATHLETICO Bahamas and Mr Ship It Regulators pulled off victories in the New Providence Basketball Association at the AF Adderley Gymnasium on Wednesday night.

BISX-listed firm's affiliate embroiled in '$140m fraud'

The head of a BISX-listed company yesterday told Tribune Business that it had “not been impacted at the moment” by its broker/dealer subsidiary becoming embroiled in an alleged $140 million investment fraud.

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PETER YOUNG: Small island developing states should speak with one voice

HAVING written only last week about COP26, the UN Climate Change Conference which opens in Scotland in less than one week, I hesitate to return to the subject today for fear of repetition. But there has been a significant new development and it may also be worth reiterating the importance of the conference to Small Island Developing States (SIDS) which include, of course, The Bahamas.

Ed Bethel

And then there were three. On Monday, March 13, the media profession in The Bahamas lost a giant of a journalist and broadcaster, Mr Ed Bethel.

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Gray, Jets on win streak

Sebastian Gray’s scoring has helped the Northern Oklahoma-Enid Jets to a win streak in a battle atop the conference standings headed toward the postseason.Gray has scored in double figures the last three games, a three-game winning streak for the Jet

Melia in 7% pt Easter increase

Nassau-based resorts yesterday reported a “very good Easter”, with one property telling Tribune Business it had seen a 7 percentage point increase in occupancies compared to last year’s holiday weekend.

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MORE THAN 100K NOW VACCINATED . . . but confirmation of 20 more deaths shows COVID fight not over

THE Ministry of Health confirmed 20 additional COVID-19 deaths on the weekend, bringing the total to 557 to date.

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Shockers edge past Regulators

EVEN though he struggled in spurts, William ‘J R’ Rigby still managed to can a game high 30 points, including the game winning three-pointer with 3.1 seconds left on the clock.

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Water & Sewerage loses court ruling on ‘double dipping’

A Supreme Court judge has ruled against the Water & Sewerage Corporation’s practice of docking the salaries of union members in a bid to end “double-dipping” in relation to sickness and maternity benefit claims, ordering that the corporation reimburse and/or refund all monies taken from union members as a result of the “ultra vires” exercise.

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‘Banner year’: Resorts beat revenue target by 10% pts

Resorts on major Family Islands are targeting “a banner year” in 2023 after room revenues through to end-October beat the industry’s post-COVID target by ten percentage points.

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PM gives oil drill fight 'more points than a porcupine'

Environmental activists yesterday pledged to challenge whether Bahamas Petroleum Company's (BPC) agreements are legally watertight after remarks by the Prime Minister that were "music to our ears".

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

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FIBA World Cup 2023 Americas Pre-Qualifiers: Team Bahamas finishes with undefeated record

THE Bahamas senior men’s national basketball team finished the FIBA World Cup 2023 Americas Pre-Qualifiers for Group A with an undefeated record and will advance to the next round in November.

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80 percent increase in cyber crime

CYBER crime in the Bahamas showed an 80 per cent increase, with 171 incidents reported in 2017 up from the 95 recorded in 2016.