Key Teachers Group offshore companies
Five active companies in land, property and business
Dissolved companies involved in used-clothes money laundering 1989-2005.
(FCL Group)
holding company, plantations, used clothes businesses
This very major Teachers Group offshore company owns and operates scores of plantations in central America, the used clothes company U’SAgain, and a clothes broker in the USA. Parent company of Argyll Smith and other companies registered in Jersey. Still active. This company is discussed in detail in the 2001 Danish police report.
See our detailed file on FCL Group
ARGYLL SMITH & CO LTD**
property
This Jersey property company owns:
- Five of the colleges – in Britain, the USA and South Africa.
- Winestead Hall (CICD)
- IICD in Massacusetts
- IICD in Michigan
- CCTG in Caliornia
- KNEC in Durban
- The Mexico complex at San Juan de las Pulgas.
One way the Teachers Group creams off money for itself is by charging extortionate rents from the colleges, thus guaranteeing a steady flow of tax free money into offshore company Argyll Smith and its parent company FCL. This could be what happens to quite a lot of the money fundraised by volunteers. We have evidence of this practice on file. Cited in the 2001 Danish police report.
Website: argyllsmith.com
THE HOBBHOUSE INVESTMENT CO LTD**
holding company?
Since 1988, this is the oldest Teachers Group Jersey company still running, identified in the 2001 Danish police report as likely to be a very major Tvind offshore holding company, but we have no further details at the moment. Still operates.
ATLANTIC FARMING LTD
plantations?
Since 1990 (changed name from Tropical Farming [Atlantic] 1993). No further details at the moment. Still operates.
BAHIA FARMING BRAZIL LTD**
property in Brazil, money transfers
Farming, founded 1991. Another company used to channel money from various Tvind companies and associations, including UFF/Humana, for purchase of $12m Fazenda Jatoba ranch in 1994 (according to the 2001 Danish police report). No further details at the moment. Still operates.
The FARMERS TRUST**
holding company
This company is specifically mentioned in the 2001 Danish police report as a Jersey-registered company at the heart of Teachers group finances. However we can find no trace of it on the Jersey company register. Information please.
DISSOLVED COMPANIES
Four companies in a used clothes scam 1989-2005
These four companies were registered in Jersey but run from Gibraltar. The complex money laundering scheme they operated involving Humana used clothes charity boxes is described here.
One World Channel Ltd** (later namechanged to ) Holland House (1989 – 2004) Dissolved. Initially illegal money transfers to Brazil, then laundering of money from old clothes in Amsterdam.
Holland Enterprises Ltd (1995 – 2005) Dissolved. Laundering of money from old clothes in Amsterdam
Holland Trading Ltd (1994 – 2002) Dissolved. Laundering of money from old clothes in Amsterdam
World Wide Suppliers (1994 – 2002) Dissolved. Laundering of money from old clothes in Amsterdam
Other companies
Argyll Smith Industrial Developments Ltd (2000 – 2003) Dissolved. Purpose unknown.
Buckeye Ltd ** (1991-2002) Dissolved. Illegal money transfers to Brazil through Malaysia.
Coriander Holdings Ltd (1995- 2004). Dissolved. Purpose unknown.
Goliath Services (became) Cedex Pac (1987 – 2002) Dissolved. This was the first TG company on Jersey. Providing clothes collection boxes to Humana UK.
Jacaranda (became) Kirchheiner Bros** (1987 – 2005) Dissolved. Said by police to be very major Jersey holding company.
Jayhawk Ltd **(1991 – 2002) Dissolved. Illegal money transfers to Brazil through Malaysia.
Sources:
Danish press
Companies marked ** are mentioned in the 2001 Danish police report
Do you have any information on a Teachers Group company? Please tell us
Updated 9th March 2010
