Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.
RSS Feed Print
Saudi giants defrauded over 100 banks, Cayman court finds
David Marchant
Posted: Thursday, May 31, 2018
Joined: 9/13/2007
Posts: 1199

Daily Telegraph: A complex family feud which stemmed from one of the largest corporate collapses of the credit crunch has been thrown out of courts in Cayman, which ruled that the two companies involved had instead systematically defrauded banks.

Read Article.

Jump to different Forum... 

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
Binary Options Update – What to expect in 2018
Joel Berg
The Exportation of the Binary Options Boiler Room Operations:     As 2017 draws to a close, so does the legal grey area in which binary options scams were used to operating. The decision by Israel’s parliament to outlaw binary options come January 2018 is having an affect already as the p