BUSINESS
March 23, 2012 | By Beth Healy
A federal judge in Boston this week ordered a 28-year-old who claimed to be a hedge fund manager to pay $7.5 million for defrauding investors, the Securities and Exchange Commission said. Andrey C. Hicks of Boston and his Locust Offshore Management engaged in a scheme to mislead investors and diverted $2.7 million of their money to his personal bank accounts, the SEC said. Hicks and his firm were ordered to repay the funds, and to pay $5 million in civil penalties. Hicks falsely told investors that he held two degrees from Harvard...
NEWS
November 11, 2009 | Mason Marcus, Associated Press
TORTOLA, British Virgin Islands - A British Virgin Islands judge ruled yesterday that a former Rhode Island dive shop owner must serve at least 25 years of a mandatory life sentence for killing his wife on a Caribbean scuba outing in 1999, rejecting his lawyers’ bid for leniency. Justice Indra Hariprashad-Charles said the premeditated nature of the crime bound her to deny a defense request that David Swain become eligible for parole after 18 years in prison. “It is my view that this murder was carefully planned and premeditated and calls for stiff...
BUSINESS
March 23, 2012 | By Beth Healy
A federal judge in Boston this week ordered a 28-year-old who claimed to be a hedge fund manager to pay $7.5 million for defrauding investors, the Securities and Exchange Commission said. Andrey C. Hicks of Boston and his Locust Offshore Management engaged in a scheme to mislead investors and diverted $2.7 million of their money to his personal bank accounts, the SEC said. He and his firm were ordered to repay the funds, and to pay $5 million in civil penalties. Hicks falsely told investors that he held two degrees from Harvard University...
NEWS
October 17, 2008 | Steve Bullock, Associated Press
CHRISTIANSTED, US Virgin Islands - Hurricane Omar fell apart at sea yesterday after delivering a glancing blow to the US Virgin Islands and lashing St. Croix, its most populated island, with rain. The powerful core of the storm passed overnight between St. Martin and the US and British Virgin Islands, said Lixion Avila, a hurricane specialist with the National Hurricane Center in Miami. "It could have been worse," Avila said. "They were very, very lucky. " Omar knocked down trees, caused some flooding, and minor mudslides in the US Virgin Islands, but there were no...
TRAVEL
October 19, 2008 | Real deals
The 21-suite Turks & Caicos Club, located at Grace Bay Beach, is cutting rates 50 percent through Nov. 9 on any one- or two-bedroom oceanfront suite or two-bedroom poolside suite. Discounted rates start at $248, with a minimum four-night stay. Visit turksandcaicosclub.com or call 888-482-2582. $1,100 savings Through Nov. 20, Rosewood Little Dix Bay on Virgin Gorda in the British Virgin Islands is offering a triple upgrade worth $1,100 for a four-night stay in an ocean cottage.
NEWS
August 21, 2011
Tropical Storm Irene is moving toward the Leeward Islands and the Caribbean Sea, with forecasters issuing warnings for Puerto Rico, the U.S. and British Virgin Islands and numerous other islands. The National Hurricane Center reported late Saturday that the storm is about 150 miles (241 kilometers) east of the Caribbean island of Dominica, with maximum sustained winds of 50 mph (80 kph). It was moving west at 22 mph (35 kph). In addition to Puerto Rico and the Virgin Islands, tropical storm warnings have been issued for Vieques, Culebra, Saba, St. Eustatius, St....