July 24, 2014 - A writ of summons filed last month in the British Virgin Islands against the suspected masterminds of the £97 million Buttonwood/Argentum/Centaur litigation funding fraud - Scott Williams and Brendan Terrill - recently became publicly available.
July 10, 2014 - Anguilla High Court Judge Cheryl Mathurin has dismissed an application to enforce a $7.4 m foreign arbitration award against local attorney Keithley Lake and three offshore firms accused of swindling clients in a tax planning scheme.
July 10, 2014 - United States national Andrew Joseph Zahn has left as Group Director and shareholder of the scandal-plagued CMZ Group, which is headquartered in the Cayman Islands and operates pawn shops and other businesses in the Caribbean.
July 06, 2014 - Timothy Schools, who masterminded the £100 million-plus, Cayman Islands-domiciled Axiom Legal Financing Fund fraud, was struck off as a solicitor in England and Wales on June 27th for professional misconduct.
July 02, 2014 - Cayman Islands law firm Stuarts Walker Hersant is suing seven clients for more than US$160,000 in allegedly unpaid legal bills. The clients include fund administration boss Peter Young and controversial businessman Delroy Howell.
July 02, 2014 - Three fraudulently-operated litigation funds known as 'Centaur' went into provisional liquidation at the Grand Court of the Cayman Islands last Friday. They are Centaur Litigation SPC, Centaur Litigation Limited, and Centaur Litigation Unit Series 1 Limited.
June 30, 2014 - Canadian Eric St-Cyr has become the second of three defendants to plead guilty to conspiracy to commit money laundering in a scheme involving the Cayman Islands and Turks and Caicos Islands, while the third defendant - TCI-based attorney Patrick Poulin - is due to plead guilty on July 11.
June 25, 2014 - Litigation funding firm Buttonwood Legal Capital - which perpetrated a £97 million fraud against investors - says it has brought a lawsuit in the British Virgin Islands against former managers Brendan Terrill and Scott Williams for allegedly siphoning off funds. The case has apparently been sealed by the BVI High Court.
June 19, 2014 - Canadian Eric St-Cyr looks set to become the second defendant to admit money laundering in a scheme involving Cayman Islands-based Clover Asset Management and Turks and Caicos Islands-based law firm Bishops Legal.
June 18, 2014 - The slow and chaotic collapse of a fraudulent litigation funding group known as Argentum, Buttonwood and Centaur that was triggered by an OffshoreAlert exposé four months ago has finally hit the courts, with four actions filed in the BVI and Cayman.