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Broker 'caused' to supply false financial details

The mastermind behind a $340 million Ponzi fraud allegedly “caused” a BISX-listed firm’s broker/dealer affiliate to issue “fabricated financial information” that resulted in the value of investors’ holdings being overvalued by almost $149 million.

Royal Bank readies for Freeport Expo

BC Royal Bank of Canada and RBC FINCO will tomorrow stage its 2013 Home & Auto Expo at their Freeport Branch on East Mall & Explorers Way.

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97 new cases of COVID-19

The Ministry of Health reported on Thursday that there were 97 new cases of COVID-19, one non-COVID-19 related death and 84 people confirmed as having recovered.

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ACTIVTRADES: Is a conflict between the USA and China inevitable?

Thucydides was one of the greatest Greek historians of the classical era. He wrote The History of the Peloponnesian War, an eight-volume treaty recounting the conflict between Athens and Sparta, in the 5th Century BC. Sparta, the dominating power at

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Regulators top Pros, Elites beat Stampers

THE New Providence Basketball Association continued its regular season action at the AF Adderley Gymnasium on Monday night with the Elites Basketball Club and the Leno Regulators winning the double header.In the opening game, the Elites Basketball Cl

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‘No concern’ over deadlock at Baha Mar for conference

LOCAL officials preparing for an upcoming Inter-American Development Bank conference at Baha Mar said they have no concerns about the resort’s ongoing deadlock overshadowing the $6m event which will see 5,000 international delegates enter the country.

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NPBA Championships: Rockets sweep Giants

WHILE the Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants, the division II series between the Sun Oil Rockets and the Your Essential Store (YES) Giants will go right down to the wire in the fifth and deciding game.

Junior golfers Anand, Azar in the lead

SOPHIE Anand continues to hold onto her lead in the girls’ 15-and-under division, while Diego Azar surged to the front in the boys’ 11-13 division as day two of the Caribbean Amateur Junior Golf Championships came to a close at the Albany Golf Club y

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Karl McCartney back in CFL action after injury

After seven games on the sideline due to injury, Karl McCartney was finally able to return to the field for the Calgary Stampeders last weekend.

Benchmark chief: SEC deal talks ‘not over yet’

A BISX-listed company’s principal yesterday warned “it’s not over yet”, even though his two-year legal battle with US federal regulators has taken another step towards resolution.

Turtle killer

Re: Hunt for turtle’s hammer killer.

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Jones and Sun in WNBA Finals

Jonquel scores 15, grabs 10 rebounds as Sun rally in 4th to beat Sky 72-63

Powered by a furious quarter rally, Jonquel Jones and the Connecticut Sun won a series finale on the road and are headed to the WNBA Finals.

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Bahamas on a roll at Pan Am Bowling Championships

The men’s team was the first to hit the lanes for Team Bahamas at the Pan American Bowling Confederation (PABCON) Championships being hosted in Cali, Colombia.

Liquidators pledge recognition of $83m Alliance investments

One group of liquidators for an alleged multinational Ponzi fraud yesterday denied claims they would not recognise investors who placed $217 million into it via a Bahamian broker/dealer.

Team Bahamas ends up 6th overall at the 29th Caribbean Amateur Junior Golf Championships

TEAM Bahamas faced off against the best junior golfers in the region but fell one spot off their pace in recent years.

Golfers tee off at Caribbean Amateur Junior Championships

TEAM Bahamas opened the 27th Caribbean Amateur Junior Golf Championships yesterday as the host country celebrates 60 years in the sport.

BISX listee’s chief loses SEC lawsuit dismissal bid

A BISX-listed firm’s chief executive, and its main broker/dealer subsidiary, yesterday lost their bid to dismiss a US federal regulator’s lawsuit against them over an alleged $400 million fraud.

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Dames and Lightbourne sign letters of intent

JOSHUA Dames and Bradley Lightbourne became the latest Bahamian basketball talents to announce their intention to join programmes at the Junior College level.

Wells, Rose lead race for trophy

HEADED into the final day of competition at the Caribbean Amateur Golf Championships, one pairing of Team Bahamas will attempt to cling to their position atop the leaderboard while others face an uphill climb toward contention.

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Fredrick King and Bluejays sweep Summer of Thunder

Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.