FRIDAY, JUNE 1: Disgraced financiers David and Antoinette Bolden have applied to the Immigration Minister to acquire a one-acre estate.
The acquisition of land notice appeared in the Bermuda Sun this week.
It stated: “Notice is hereby given that Antoinette Arian Francis Bolden, a Bermudian, is applying to the Minister responsible for Immigration….to acquire 1.054 of an acre of land together with a dwelling house thereon erected known as ‘Walsingham Lodge’ situate at #64 Harrington Sound Road in Hamilton Parish on behalf of her non-Bermudian husband David Ted Bolden.”
Mr and Mrs Bolden were ordered to complete 200 hours of community service each last August after they were convicted of misleading the Bermuda Monetary Authority.
They were cleared of a string of other theft and money laundering charges in respect of their Emerald business empire.
Investors lost
Investors lost tens of thousands of dollars when the Bolden’s companies went under, and some have never received a penny back.
The public notice adds: “Any person who known why a sanction to acquire property in Bermuda should not be granted to the applicants should send a written statement to the Minister Responsible for Immigration, PO Box 1364, Hamilton, HM FX, no later than the 13th June 2012.”