Tag: money laundering
Cayman fund expert arrested for money laundering
(CNS): Police from the Financial Crimes Unit have arrested a 37-year-old man from George Town in connection with money laundering allegations. The man had been working as a voluntary liquidator for two funds while employed with a local finance firm. During the period of his appointment an undisclosed quantity of money was misappropriated from these […]
Bouchard gets 12 years for ‘eye-watering’ theft
(CNS): Justice Paul Worsley handed down a twelve-year prison term to Michelle Bouchard (55) in the Grand Court Thursday just hours after she was convicted of stealing more than $2 million from her elderly boyfriend. “From the time of your arrest in October 2012 you set about stripping out his accounts on an eye-watering scale,” […]
Watson denies helping Webb launder cash
(CNS): Canover Watson accepted under cross-examination in the CarePay corruption trial that he helped Jeffrey Webb, his friend and business partner, to create false documents to send to a US bank but denied helping him to launder money. Going through more documents recovered from Watson’s computers and flash drives, prosecutor Patrick Moran pressed him repeatedly to reveal […]
Rodrigues walks free after acquittal
(CNS): The judge presiding over the CarePay corruption trial directed the jury Tuesday to find Miriam Rodrigues not guilty of the one charge against her in relation to the case, in which she was standing trial alongside Canover Watson. Rodrigues, who was charged with transferring criminal property, or money laundering, was acquitted today following a submission […]
Crown wraps up CarePay case with more evidence
(CNS): Jurors were given more documents on Monday as the crown wrapped up the hospital CarePay corruption case against Canover Watson and Miriam Rodrigues. While the six women and one man have heard from many live witnesses, a very significant portion of the crown’s case is based on electronic data and documents, particularly email communications, banking transactions […]
Webb asked PA to create company in hospital scandal case
(CNS): Miriam Rodrigues told police that she did the paperwork and local registration for AIS (Cayman) Ltd at the direction of Jeffrey Webb, not Canover Watson, while she was working as Watson’s PA because he had asked her to help Webb when he needed it. In her first interview with police regarding the CarePay case, in […]
Doctor points finger at political command
(CNS): The former medical director of the Health Services Authority (HSA), Dr Greg Hoeksema, told the court Monday he believed that the fraud allegations surrounding the contract with AIS (Cayman) for the hospital payment system went much further up the political chain of command. Giving evidence via video-link from the US in the case against […]
Watson set out to line own pocket, says crown
(CNS): The former chair of the HSA was accused of being involved in a “cynical scheme to line his own pocket” with public cash, when the crown opened its case Monday against Canover Watson and his former personal assistant, Miriam Rodrigues. In an opening statement expected to last for several days, the prosecutor began setting out […]
Trial preparation begins for hospital corruption case
(CNS): Local businessman and former Health Services Authority board chair, Canover Watson, as well as his former personal assistant, Miriam Rodriquez, are schedule to go to trial Monday to answer corruption and money laundering charges in connection with a hospital contract for a payment system. Former FIFA vice president Jeffrey Webb, who is also charged […]
Fraud suspects charged in ATM scam
(CNS): Five suspected fraudsters who were arrested by the Financial Crimes Unit last week have been charged with a number of criminal offences, including money laundering, and after a court appearance Tuesday they have all been remanded in custody. The gang of alleged ATM scammers arrived in Cayman as visitors and were arrested on 3 […]
Hospital corruption case stalled by evidence
(CNS): The crown has signalled it could be seeking another delay to the trial schedule in the alleged CarePay hospital corruption case due to be heard in November. Canover Watson and Miriam Rodriguez, who are facing a catalogue of charges in the case, appeared in court Friday when Deputy Director of Public Prosecutions Patrick Moran […]
