The premier of the British Virgin Islands (BVI) has been arrested for alleged money laundering and drug smuggling in the US.
Andrew Fahie was arrested in Miami alongside two others by US Drug Enforcement Agency (DEA) agents working undercover.
The trio have been charged with conspiracy to import more than 5kg of cocaine into the US and conspiring to commit money laundering with Mr Fahie having agreed a US$700,000 fee to allow smugglers to use BVI ports, ch...
Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@eprivateclient.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAMeprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.
Read more
