November 03, 2013 - Portland Financial Management Group, which helped Tim Schools defraud Axiom Legal Financing Fund and launder the proceeds, has collapsed amid regulatory problems and substantial debts. The group's principals, Anthony Smith, Tim Eddolls and Connie Rodrigues, now operate under new names: Prestige Financial Management, Cavendish Financial Management, Corbus Portfolio Solutions, and Corbus Private Clients.
October 16, 2013 - Their investigation helped by confidential information that a Cayman Islands judge ruled last month was provided illegally, Australian police have arrested Swiss resident Peter Borgas and Australian residents Vanda Gould, and John Leaver for alleged involvement in a AUD $30 million offshore tax evasion scheme.
September 19, 2013 - Defendant's Sentencing Memorandum in USA v. John C. Tausche at the U. S. District Court for the Eastern District of Pennsylvania.
September 10, 2013 - Forfeiture Complaint in USA v. Prevezon Holdings Ltd., Prevezon Alexander, LLC, Prevezon Soho USA, LLC, Prevezon Seven USA, LLC, Prevezon Pine USA, LLC, Prevezon 1711 USA, LLC, Prevezon 1810, LLC, Prevezon 2009 USA, LLC, Prevezon 2011 USA, LLC, Ferencoi Investments, Ltd., and Kolevins, Ltd. at the U. S. District Court for the Southern District of New York, regarding the proceeds of an alleged tax fraud in Russia that, inter alia, led to the death of attorney Sergei Magnitsky.
August 24, 2013 - A Cayman Islands judge ruled that "a major British bank with its head office in London" must not comply with an order by an English court to produce information that the bank held in England to English police for a money laundering investigation - because it originated in Cayman and its release would violate Cayman's secrecy law.
July 25, 2013 - Forfeiture Complaint in USA v. S.A.C. Capital Advisors, LP, Sigma Capital Management, LLC, S.A.C. Capital Advisors, LLC, and CR Intrinsic Investors, LLC, as defendants, and S.A.C. Offshore Capital Funding, Ltd., S.A.C. Spectrum Fund, LLC, S.A.C. Global Macro Fund, LLC, S.A.C. Arbitrage Fund, LLC, S.A.C. MultiQuant Fund, L.P., S.A.C. Private Equity Investors, L.P., S.A.C. Domestic Investments, L.P., S.A.C. Domestic Capital Funding, Ltd., Canvas Capital Associates, LLC, Sigma Capital Associates, LLC, S.A.C. Capital Associates, LLC, S.A.C. Strategic Investments, LLC, S.A.C. Meridian Fund, LLC, S.A.C. International Equities, LLC, International Equities (S.A.C. Asia) Ltd., S.A.C. Structured Investments, L.P., Sigma Fixed Income Fund, Ltd., S.A.C. Select Fund, LLC, S.A.C. Energy Investments, L.P., S.A.C. Genesis Fund, LLC, S.A.C. Healthco Fund, LLC, and S.A.C. Domestic Investments (CA), LLC, as defendants in rem, at the U. S. District Court for the Southern District of New York.
July 22, 2013 - The company management arm of Cayman Islands law firm Travers Thorp Alberga passed off a falsified document as a "true" copy of a share register, thereby concealing the name of a client - Rani Jarkas - who was fleeing debts to a swindled customer, the IRS and others in the United States, OffshoreAlert can reveal.
July 11, 2013 - Forfeiture Complaint in USA v. Kashi Jewelers at the U. S. District Court for the Western District of Pennsylvania.
July 02, 2013 - Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Spain - for a criminal investigation into Jaume Matas Palou, who is a former Minister of the Environment for the Spanish National Government and a former President of the Regional Government of the Balearic Islands; Maria Teresa Areal Montesinos, Fernando Areal Montesinos, Bartolome Reus Beltran, Jorge Matas Areal, Marta Matas Areal, Bartoleme de la Luz Beltran Ponz, Francisca Pascual Canet, Antonio Luis Juaneda Cabrisas, Miguel Angel Cargia Ines Alonso, and Aremas LLC for suspected money laundering and fraud.
June 18, 2013 - Complaint for the extradition of Rusty Setser from the USA to Australia for suspected involvement in narcotics trafficking and money laundering.