A wave of international rule-making threatens Caribbean tax havens
In 2022 he was arrested in the United States. The American authorities say he promised an informant working undercover for them that he would allow illegal drugs destined for the United States to pass through his territory’s ports, in exchange for a fee. Mr Fahie, who is under house arrest in Miami, has pleaded not guilty. The skeleton of a house he had been building still stands, unfinished, outside Road Town, the capital.
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How a Pentagon contractor built a global empire – and a massive tax evasion scheme
Douglas Edelman rose from owning a bar in Kyrgyzstan to winning $7 billion in defense contracts, only to plead guilty this week to hiding his fortune from U.S. tax authorities.
Defense Contractor Douglas Edelman Pleads Guilty to Tax Crimes
Prosecutors allege he hid profits from $7 billion in fuel and services contracts to U.S. troops.
Individual Charged in Tax Evasion Scheme Has His Release Revoked
Defendant Douglas Edelman is alleged to have orchestrated one of the largest tax-evasion schemes in American history.