Recent events
2025-07-21
Stated positions
PRIMARY
Wayne L. Biggs, Jr., Chief Executive Officer of the Virgin Islands Economic Development Authority, provided testimony to the Committee on Budget, Appropriations and Finance for the FY 2026 Budget regarding USVIEDA…
2024-04-15
Other facts
PRIMARY
A lawsuit recently filed in the Virgin Islands District Court is accusing a local company of being nothing but a front for a pyramid scheme involving Mac Private Equity Inc.
2024-04-15
Other facts
PRIMARY
Based on EDC records, neither Mac Private Equity Inc. nor MPE Clearing & Holdings, Inc. has applied for tax incentives and neither has been a beneficiary of the EDC Tax Incentive Program
2020-06-15
Stated positions
PRIMARY
Representative Plaskett testified before the House Committee on House Administration in a hearing titled 'Voting Rights and Election Administration in the U.S. Virgin Islands and Other Territories,' referencing her…
2010-06-15
Other facts
PRIMARY
Judge Jacobs of the United States Tax Court refused to allow a taxpayer to interplead the Government of the Virgin Islands as a party to Tax Court litigation under U.S. Tax Court Rule 1(b) and Federal Rule of Civil…
2010-06-15
Other facts
PRIMARY
The Huff case stems from the IRS audit of a taxpayer that took Virgin Islands Economic Development credits under Internal Revenue Code section 934
2005-04-15
Other facts
SECONDARY
Virgin Islands Economic Development Commission (EDC) filed filing with the SEC on 2005-04-15. Accession number: N/A.
2003-06-15
Other facts
PRIMARY
Count 22 of the Second Superseding Indictment charges that defendants, Jackson, Kapok and Kapok Management made materially false and fraudulent statements and representations in a matter within the jurisdiction of the…
2003-06-15
Other facts
PRIMARY
Kapok Management was approved as a DSB and received a beneficiary certificate to conduct business providing financial, economic, and management consulting services to clients outside the United States Virgin Islands
2003-06-15
Other facts
PRIMARY
Jackson, as the representative of Kapok and Kapok Management falsely declared that 'We had no knowledge whatsoever that Gary Payne, a Kapok Management limited partner, was not a resident of the Virgin Islands' while…
2003-06-15
Other facts
PRIMARY
The defendants conspired to make false statements regarding Kapok Management's business plan, the residency of its limited partners and employees, and its gross sales and eligible income
2003-06-15
Stated positions
PRIMARY
Count 21 states that all defendants conspired to commit the crime of making materially false and fraudulent statements and representations on matters within the jurisdiction of agencies of the government of the Virgin…
2003-05-20
Other facts
PRIMARY
Federal Internal Revenue Service agents executed search warrants against Kapok Management LP, a financial services company on St. Croix that receives tax benefits as an Economic Development Commission beneficiary…
1997-06-15
Stated positions
PRIMARY
Senate Report 105-22 established a Commission to make recommendations on policies for a secure and self-sustaining future for the Virgin Islands economy through 2020, with a report due to the Senate Committee on Energy…
