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Cayman lawyer David Marshall leaves Maples Group after arrest for alleged domestic assault

October 14, 2019 - Following his arrest for allegedly violently assaulting his wife at a Miami Beach hotel, British investment funds lawyer David Marshall is no longer employed by Cayman Islands-based Maples Group, of which he was a partner.

SEC v. Telegram Group Inc. et al: TRO Motion

October 11, 2019 - Emergency Motion for Temporary Restraining Order in U. S. Securities and Exchange Commission v. Telegram Group Inc., domiciled in the British Virgin Islands, based in Dubai, and TON Issuer Inc., of the British Virgin Islands, whose "principals and owners are citizens of Russia and St. Kitts and Nevis", at the U.S. District Court for the Southern District of New York.

SEC v. Telegram Group Inc. et al: Complaint

October 11, 2019 - Complaint to stop an "illegal offering of digital-asset securities" involving entities and parties in the British Virgin Islands, Cayman Islands, and Dubai in U. S. Securities and Exchange Commission v. Telegram Group Inc., described as a British Virgin Islands-domiciled, Dubai-based company owned by Pavel Durov, "a Russian and St. Kitts and Nevis citizen", and TON Issuer Inc., of the British Virgin Islands, at the U.S. District Court for the Southern District of New York.

New York Times Company v. U.S. Department of State et al: Complaint

October 11, 2019 - Complaint regarding Freedom of Information Act requests in The New York Times Company v. U.S. Department of State, U.S. Department of Justice, and Federal Bureau of Investigation at the U. S. District Court for the Southern District of New York.

'Domestic assault allegations against me are false,' states Cayman attorney David Marshall

October 10, 2019 - Response from Cayman Islands-based, British attorney David Marshall to questions from OffshoreAlert regarding his arrest in Miami Beach, Florida and a criminal charge for domestic assault. Attached to the response is a "Press Release", purportedly from his wife, Jennifer Marshall, claiming, among other things, that "The allegations made by the City of Miami Beach Police Department against David are false" and that "My injuries were not the result of any battery or violent acts that David committed against me."

SEC v. Anton Senderov et al: Complaint

October 09, 2019 - Complaint alleging binary options fraud in U. S. Securities and Exchange Commission v. Anton Senderov and Lior Babazara, a.k.a. Lior Bar, both of Israel, at the U. S. District Court for the Eastern District of Washington.

Bristol Marine v. Motu Partners Ltd. et al: Complaint

October 09, 2019 - Complaint in Lenmarine Inc., d.b.a. Bristol Marine, of Rhode Island v. Apache, a 100-foot sailing yacht registered in the Cayman Islands; Motu Partners Ltd., of the Cayman Islands; Curtis Ricketts, "a resident of the State of Delaware or the State of Maryland", "a resident of the State of Florida", and Jennifer Johnston at the U. S. District Court for the District of Massachusetts.

'Stop distributing misinformation about Cryptotrustconsulting,' writes Marc Bendrat

October 09, 2019 - Letter to OffshoreAlert from Marc Bendrat, a citizen of Germany residing in Austria, requesting that we "cease to distribute misinformation" about his British firm, Cryptotrustconsulting Ltd., which was the target of an "Investor Warning" by the Austrian Financial Market Authority.

Isle of Man's Montpelier Trust in receivership after boss accused of diverting 'millions of pounds' of client funds

October 09, 2019 - Following a regulator's allegation that its principal, Watkin Gittins, has diverted "millions of pounds" of client money to fund his lifestyle, Isle of Man-based Montpelier (Trust & Corporate) Services Ltd. has been forced into receivership.

HSBC v. Youyuan International Holdings Ltd.: Winding Up Petition

October 08, 2019 - Winding Up Petition in The Hongkong and Shanghai Banking Corporation, of Hong Kong v. Youyuan International Holdings Limited at the Grand Court of the Cayman Islands.

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

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Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.