November 08, 2013 - Claim Form in Republic of Djibouti, Autorite des Ports et des Zones Franches de Djibouti, and Port Autonome International de Djibouti v. Winnington Global Holdings Ltd., Net Support Holdings Limited, Emerald Sea Co Offshore Limited, Precious Water Finance Limited, and Unique Plus Finance Ltd. at the British Virgin Islands High Court.
November 08, 2013 - Judgment in Cayman Islands Attorney General v. Martin Bridger at the Grand Court of the Cayman Islands.
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 30, 2013 - Application for Judicial Assistance in Platebright Limited v. Merchants Commercial Bank at the U. S. District Court for the U. S. Virgin Islands.
October 29, 2013 - Dubious British company City Equities Limited, which earlier this year touted itself as the savior of the collapsed Axiom Legal Financing Fund, has itself gone into administration.
October 29, 2013 - Bahamas based businessman Lester Turnquest has failed in his attempt to have one of OffshoreAlert's video recordings removed from YouTube. The recording explores allegations that Turnquest stole approximately $20 million from a Canadian offshore client and then, as part of
October 25, 2013 - Notice of Special Administrator's Appointment for City Equities Limited, filed with Companies House for England and Wales.
October 23, 2013 - Reasons for Judgment In the Matter of DD Growth Premium 2X Fund at the Grand Court of the Cayman Islands.
October 16, 2013 - AAA Venture Fund SPC Limited - which appears to be a Ponzi scheme - has been taken over by the Cayman Islands Monetary Authority. The Fund was operated by Swiss national Peter Obrist, with an address in Dubai, and Didier Van Caloen, with an address in Hong Kong.
October 13, 2013 - As this video shows, British fraudster Timothy Schools liked nothing better than to 'play the big man' with the tens of millions of pounds that he swindled from investors in Axiom Legal Financing Fund from 2009 to 2012. Taken on