Tag Archives: netherlands

CPA Pleads Guilty In Connection With $670 Million Fraud Scheme

Certified public accountant (CPA) and alleged outside auditor for Provident Capital Indemnity (PCI), Jorge Luis Castillo, plead guilty last week for his role in a $670 million fraud scheme effecting victims across the country and abroad. Castillo plead guilty to conspiring to commit mail and wire fraud, which carries a maximum penalty of 20 years [...]

In the Netherlands, Banks Bid For Your Business

Instead of researching which bank offers the highest interest rate, Dutch consumers can now put their money up for auction, getting banks to bid on their savings. After registering with new online facilitator Spaarbod, consumers state how much money they’d like to put aside, for how long and on which terms. The website automatically calculates [...]

American’s Stranded in the Netherlands Because of Debt to Texas Bank

The 64-year-old ship captain and his crew, whose vessel has been stranded in the Netherlands for months due to a financial obligation gone awry between his employer and a local bank. It all started July 25 when a tugboat, the Alois, based in Orange, Texas, had been towing ship hulls from Romania, said Salem, who [...]