October 15, 2019 - Defunct Panama law firm Mossack Fonseca and its founders - Jürgen Mossack and Ramón Fonseca - have filed a defamation complaint against Netflix in the US, alleging that the recently-released movie 'The Laundromat' portrays them as "ruthless uncaring lawyers who are involved in money laundering, tax evasion, bribery and/or other criminal conduct".
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.
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.
October 08, 2019 - British attorney David Marshall, a partner with Cayman Islands law firm Maples and Calder, has been arrested and criminally charged with felony aggravated batter causing "great bodily harm" in Miami Beach after allegedly violently assaulting his 15-year wife and mother of his three children in their hotel room on his birthday while drunk.
October 08, 2019 - Ras Al Khaimah-domiciled SION Trading FZE and Utah-domiciled Scotia International of Nevada Inc., which participated in an apparent pump-and-dump cryptocurrency fraud by Bermuda-domiciled Arbitrade Ltd., are being sued in the US for allegedly failing to pay for gold and silver that underpinned the scheme.
October 07, 2019 - The Austrian Financial Market Authority has issued an "Investor Warning" against British cryptocurrency management firm Cryptotrustconsulting Ltd., which is owned and operated by Marc Bendrat, a citizen of Germany residing in Austria.
October 07, 2019 - A class action securities fraud complaint for damages that "likely surpasses $1.4 trillion" for creating "the largest bubble in human history" has been filed against cryptocurrency exchange Bitfinex and cryptocurrency Tether, with defendants from the BVI, Hong Kong, Italy, Netherlands, Panama, Switzerland, and the US.
October 04, 2019 - British chartered accountant David Gaskell and Mauritian lawyer Penny Hack, whose management firm provided services to British drug trafficker James Mulvey, have been banned as corporate officers in Mauritius.
October 03, 2019 - Holtzbrinck Schweiz AG, which is operated by Briton Harold Burke and claims to finance start-ups, has been taken over by the Swiss Financial Market Supervisory Authority.
October 02, 2019 - The CEO of Bermuda-based reinsurer Fleming Reinsurance Ltd. - Eric Haller - is the largest unsecured creditor of a brewing company that has filed for Chapter 11 bankruptcy protection in Massachusetts. Eight Bermuda residents are among the firm's 20 largest unsecured creditors.
