A judge in Antigua has given Global Bank of Commerce CEO Brian Stuart-Young until May 19 to pay due installments to investor Jack Stroll or face 21 days in jail.
The warning follows years of delays and a 2022 court ruling ordering Stuart-Young and the bank to repay $10 million to Stroll. Despite multiple deadlines, no payments have been made.
During a tense court session on Friday, Stuart-Young claimed under oath that his Hodges Bay property is worth just XCD $500,000—far less than the estimated USD $3–4 million—and revealed a USD $30,000 monthly salary plus bonuses.
Judge Renee Williams, citing wasted time, ordered him to pay XCD $3,000 in court costs and issued the ultimatum.
