March 12, 2014 - Litigation funder Buttonwood Legal Capital, whose Ponzi scheme was exposed by OffshoreAlert three weeks ago, is being investigated for suspected securities offenses in Hong Kong, where regulators have raided the firm's recently-vacated offices and those of two service providers, Hong Kong Trust Company and Allied Pickfords.
March 11, 2014 - Second Amended Complaint in U. S. Securities and Exchange Commission v. Banc de Binary Ltd., Oren Shabat Laurent, ET Binary Options Ltd., BO Systems Ltd. Seychelles, and BDB Services Ltd. Seychelles at the U. S. District Court for the District of Nevada.
February 24, 2014 - After being suspended on Friday, the shares of London-based litigation fund Argentum Capital Ltd. were today de-listed from the Channel Islands Securities Exchange. The move follows last week's OffshoreAlert exposé of ACL as being part of a £90 million Ponzi scheme.
February 22, 2014 - The Channel Islands Securities Exchange yesterday suspended the listing of London-based Argentum Capital Ltd. - three days after OffshoreAlert exposed the litigation fund as part of a £90 m Ponzi scheme headed by Briton Brendan Terrill, who operates Cayman-domiciled Centaur Litigation and Hong Kong-domiciled Buttonwood Legal Capital.
February 07, 2014 - Cayman Islands-based fraudster Rani Jarkas - whose dishonest conduct and that of his attorney, Michael Alberga, was previously exposed by OffshoreAlert - has been barred from the securities industry in the United States.
January 31, 2014 - Hearing Panel Decision in FINRA Department of Enforcement v. Rani T. Jarkas and William H.Carson.
January 31, 2014 - Complaint in U. S. Securities and Exchange Commission v. Revelation Capital Management Ltd. and Christopher P. C. Kuchanny at the U. S. District Court for the Southern District of New York.
January 16, 2014 - First Amended Complaint in U. S. Securities and Exchange Commission v. Banc de Binary Ltd. and Oren Shabat Laurent at the U. S. District Court for the District of Nevada.
January 13, 2014 - Order and Memorandum Opinion in Florida Bankers Association and Texas Bankers Association v. United States Department of Treasury, Internal Revenue Service, Jack Lew, and Steven T. Miller at the U. S. District Court for the District of Columbia. In this case, the plaintiffs challenged the legality of new IRS reporting requirements for U.S. banks to inform the IRS about certain accounts held by foreign account-holders.
January 08, 2014 - Royal Bank of Canada has been accused by the United States Commodity Futures Trading Commission of failing to produce a key witness - senior officer Richard Chase - to an alleged fraud by the bank involving its operations in several jurisdictions, including the Bahamas and Cayman Islands.