OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

ALL FEATURED

eMail Alerts  

Sign-Up for eMail Alerts

RSS Feed  

Subscribe to feed

Briton Steven Goodman 'evades service' of lawsuit connected to Axiom Legal Financing Fund

October 13, 2014 - British attorney and Singapore resident Steven Goodman has been accused of "actively evading service" of a complaint against him in New York for alleged extortion of the Cayman Islands-based DMS Group regarding the fraudulent Axiom Legal Financing Fund.

Poulin and St-Cyr sentenced to 14 months in prison for money laundering

October 03, 2014 - Canadian nationals Patrick Poulin and Eric St-Cyr were today each sentenced to 14 months in prison for participating in an offshore money laundering scheme - prison terms that were significantly less than U. S. prosecutors had been seeking.

Poulin bankrupt & disbarred, St-Cyr to divorce after money laundering convictions

September 28, 2014 - Patrick Poulin has filed for bankruptcy and been disbarred in Canada and the Turks and Caicos Islands as a result of his conviction for money laundering in the United States, while the wife of co-defendant Eric St-Cyr has filed for a divorce, according to court filings ahead of sentencing this Friday.
1 Rating

Portland Financial Management Group directors accused of 'hampering' liquidation

September 25, 2014 - Secretive Delaware firm Treadstone Corporate Services LLC and two British nationals - Anthony Smith and Timothy Eddolls - who helped swindle investors in Cayman Islands-domiciled Axiom Legal Financing Fund have been accused of 'hampering' the liquidation of three investment firms in England that, like Axiom itself, appear to have been operated fraudulently.

Assets of investment fund linked with TCI attorney Courtenay Barnett frozen in Miami

September 23, 2014 - An investment fund of which Turks and Caicos Islands-based attorney Courtenay Barnett was president has had its assets frozen as part of an investigation into a suspected $4.6 million Ponzi scheme.

Liquidators of Cayman-domiciled Centaur Group paint grim picture for swindled investors

September 16, 2014 - More than £27 million of the £80 million raised from investors by the Cayman Islands-domiciled Centaur Group may have been misappropriated by insiders Scott Williams, Duane McGaw, Brendan Terrill and others, according to the Joint Provisional Liquidators.

U.S. indicts six people for alleged $500 m offshore fraud & money laundering scheme

September 09, 2014 - Six citizens of the Bahamas, Belize, Canada, and the United States and six corporations have been criminally indicted in New York for allegedly perpetrating a $500 million offshore asset protection, securities fraud, and money laundering scheme.

Joshua VanDyk sentenced to 30 months in prison for offshore money laundering

September 05, 2014 - Former Cayman Islands-based investment adviser Joshua VanDyk was today sentenced to 30 months in prison in the United States for his part in a money laundering scheme.

Two more attorneys accused of misconduct over Axiom Legal Financing Fund fraud

August 31, 2014 - Two more British attorneys - Richard Barnett and Anthony Swift - who participated in the £100 million-plus fraud committed via Cayman Islands-domiciled Axiom Legal Financing Fund have been accused of professional misconduct, including misappropriating funds received from Axiom.

Citco (Cayman) sues trust officer for 'leaking client information'

August 20, 2014 - Citco Trustees (Cayman) Ltd. is suing one of its former trust officers - Reynaldo Beluso II - for allegedly disclosing confidential information about a client to third parties.
Miami 2014 Presale

OffshoreConnect Free Sign Up

Stay informed & connected

  • Free Email Alerts on Breaking News
  • Free Access to Blogs by Industry Leaders
  • Free Contribute to Due Diligence Forums
Buttonwood Fraud Victims: Time to Kick Out The Clowns
David Marchant
Investors in the litigation funding criminal enterprise known as Buttonwood Legal Capital, Centaur Litigation and Argentum need to kick out the clowns who are managing the different facets of this hopelessly insolvent group and take control of the situation before