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

U.S. Judge sanctions RBC for breaching order to provide documents for fraud investigation

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.
ALL FEATURED  

Has 'Wolf of Wall Street' Jordan Belfort reformed? You be the judge

There's compelling evidence that Jordan Belfort - the self-styled 'Wolf of Wall Street' - is as slippery now as he was when he was swindling pensioners and others out of their life savings in a securities fraud committed more than 20 years ago.

Learn How to Leverage Social Media Monitoring & Analytics to Detect Fraud

Learn how organizations can leverage the concepts and techniques of social media monitoring and apply specialized analytics to add a valuable dimension to investigations involving fraud.

Cayman's 'Operation Tempura' to be analyzed at next month's OffshoreAlert Conference

One of the most controversial criminal investigations in the history of the Cayman Islands known as 'Operation Tempura' will be scrutinized at next month's OffshoreAlert Conference. 

Inside One of the World's Largest Civil Asset Recovery Programs

In 2009, the Government of the Turks and Caicos Islands engaged British law firm Edwards Wildman to recover thousands of acres of land, including prime ocean-front property, and other valuable assets that had been misappropriated by politicians and their foreign, private-sector accomplices. It was part of a wider attempt to turn around the economy and reputation of the TCI.

Litigation Funding: An Analysis

Over the last 18 months, OffshoreAlert has exposed two major litigation funding scams - Axiom Legal Financing Fund and Buttonwood Legal Capital - into which investors are believed to have invested more than $300 million. That doesn't mean litigation funding is an inherently poor investment, however.

From OffshoreConnect, The OffshoreAlert Community

LETTERS TO THE EDITOR  

'Cease and Desist' letter from attorney for Kenlox Global Limited, Ronnie Lim Hai Liang, One Lea Ping, Lim Chai Beng and Lim Soon Fai demanding the removal of a writ against their clients at the British Virgin Islands High Court.
Letter from attorney Ashley Hurst, of British law firm Olswang LLP, complaining about a reference to his client, Greg Fairley, in OffshoreAlert's exposé of the Buttonwood Legal Capital/Centaur Litigation Ponzi scheme.

COMMUNITY FORUMS  

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