April 23, 2014 - Royal Bank of Canada has suffered the ignominy of having sanctions awarded against it by a U. S. judge who ruled the bank had "improperly withheld" documents from the U. S. Commodity Futures Trading Commission in a lawsuit regarding an alleged "massive" fraud involving RBC's operations in several jurisdictions, including the Bahamas and Cayman Islands.
March 28, 2014 - Order Granting Motion to Compel Discovery and For Sanctions in United States Commodity Futures Trading Commission v. Royal Bank of Canada at the U. S. District Court for the Southern District of New York.
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 19, 2014 - CFTC's Motion to Compel Compliance With Court Order and For Sanctions in CFTC v. Royal Bank of Canada at the U. S. District Court for the Southern District of New York.
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.