CARIBBEAN BANKS, INSURANCE CO. NAMED IN SCANDAL.A stock exchange listed on the Internet and purportedly incorporated in Nevis has been linked to questionable investment dealings, along with companies registered or operated from two other Caribbean countries, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Miami-based newsletter Offshore Alert, reports CANA Cana (kā`nə), ancient town of Galilee. According to the Gospel of St. John it was here that Jesus performed his first miracle by turning water into wine at a wedding. Cana wedding feast where Christ made water into wine. [N.T. (February 18, 1999). The newsletter said in its January 29 edition that World Investors Stock Exchange, based in Grenada, runs a website which offers potential investors a guarantee that protects their investment, "plus a reasonable return, even if the company in which they invested fails". Investigations revealed, it said, that IDIC IDIC Infinite Diversity in Infinite Combination IDIC International Diving Instructor Corporation IDIC Intelligence Division Indication Center IDIC Infinite Diversity in Infinite Combinations (International Deposit Insurance Corp.) was closed down by Nevisian regulators and was not licensed to conduct any form of business. A bank registered in either Nauru or Grenada, but operated from St. Vincent & the Grenadines Grenadines: see Grenada; Saint Vincent and the Grenadines; Windward Islands. and another, registered in either Nauru or Grenada, but operated out of Bermuda and Texas, were named in the scam. |
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