November 04, 2019 - A complaint for damages of $150M for alleged cryptocurrency futures trading fraud and the operation of an unlicensed money transmitting business has been filed against individuals and companies in Antigua, British Virgin Islands, Hong Kong, and the United States, including Alameda Research and FTX Trading.
November 01, 2019 - Law enforcement and regulators in the US have taken action against Swiss cryptocurrency exchange First Global Credit, which is controlled by Britons Gavin Smith and Marcie Terman and now operates as PanXora, which claims to have affiliates in the Bahamas, Cayman Islands, Gibraltar, Singapore, and UK.
October 30, 2019 - Briton Simon Hooper, who was exposed as a fraudster by OffshoreAlert four years ago, has been charged with fraud in England regarding his latest firms, Rationale Asset Management Plc and Rationale Investment Ltd.
October 28, 2019 - Paul Bilzerian - who moved to the Caribbean after being jailed and fined $62 million for securities fraud in the United States - has been barred from representing his sons - Dan and Paul Bilzerian - in civil proceedings at Saint Kitts and Nevis High Court.
October 24, 2019 - A 74-year-old U.S. citizen faces up to 18 months in prison for failing to report $1.4 million in income that he earned from an "offshore Swiss 'insurance wrapper' policy".
October 22, 2019 - Russian-owned Cayman Islands financial advisory Outcrop Capital claims to have been swindled out of bonds with a nominal value of €79.8 million in a "security token" deal with another Russian-controlled Cayman firm, Versatile Chain.
October 22, 2019 - A Cayman Islands affiliate of Canadian blockchain and communication technology firm Skrumble Technologies is being sued in Cayman over alleged unpaid fees owed to the operator of a special economic zone for innovators and entrepreneurs.
October 22, 2019 - Miami-based self-described "financial crime consultant" Kenneth Rijock "falsely" accused Israeli attorney Steven Slom of involvement in serious financial crime, a Florida judge has determined.
October 20, 2019 - The BVI operator of Bitfinex cryptocurrency exchange, which was sued 12 days earlier for allegedly perpetrating a multi-billion dollar fraud, has applied to take discovery in California for a purported attempt to recover $880 million of client funds that its Swiss payments processor has allegedly failed to remit.
October 19, 2019 - Former UK "military personnel" were persuaded to transfer their government pensions to Guernsey-based Marlborough Pension Trustees, which then invested their assets in unsuitable "high-risk investments" that failed and distributed false net asset values that concealed losses, a regulator has claimed.
