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THEFT

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USA v. Vitalii Antonenko: Criminal Indictment

May 26, 2020 - Criminal Indictment regarding "a website that offered for sale the personally identifiable information of hundreds of millions of consumers throughout the United States and around the world" in USA v. Vitalii Antonenko, described as a citizen of Ukraine residing in New York, at the U. S. District Court for the District of Massachusetts.

US crypto investor sues 18-year-old for allegedly stealing $24M (when he was 15)

May 07, 2020 - In a lawsuit, Los Angeles-based blockchain investor Michael Terpin has alleged that he lost "nearly $24 million of cryptocurrency" in a hack whose "evil mastermind" was "a then 15-year-old high school student" in New York who "boasted" of stealing "over $100 million worth of cryptocurrency through scores of hacks".

Michael Terpin v. Ellis Pinsky: Complaint

May 07, 2020 - Complaint alleging the loss of "nearly $24 million worth of cryptocurrency as a result of a hack" by "a then 15-year-old high school student in coordination with and with the active participation of other individuals, including several other minors" in Michael Terpin, of Los Angeles County, California v. Ellis Pinsky at the U. S. District Court for the Southern District of New York.

Joseph Brice v. Regina: Appeal Judgment

April 08, 2020 - Judgment setting aside on a technicality the criminal conviction for theft of trust company operator Joseph Brice, who transferred $950,000 of client funds to his own account for his personal use without the client's permission, in Joseph Brice v. Regina at Anguilla Court of Appeal.

Colombia: Reficar SA et al

April 03, 2020 - Application for the appointment of a Commissioner to collect evidence from Standard Chartered Bank, Wells Fargo Bank, Bank of Oklahoma, HSBC, Bank of America, Commerzebank, Credit Agricole, Fifth Third Bank, and BNP Paribas regarding transfers from an account at Bank Mendes Gans NV in the name of CBI Colombiana SA - pursuant to a request for judicial assistance from Colombia - for a criminal investigation into "Reficar S.A. and Colombian public officials for embezzlement by appropriation, improper interest in signing contracts, and illicit enrichment of private individuals".

Swiss banker investigated for allegedly embezzling $8.7M from Banca Raiffeisen clients

March 20, 2020 - Police in Switzerland are investigating Stefano Billeter for allegedly embezzling $8.73 million from four clients while he worked for Banca Raiffeisen, in Lugano.

Turkey: Bank of America

March 19, 2020 - Application for the appointment of a Commissioner to collect evidence from Bank of America - pursuant to a request for judicial assistance from Turkey - for a criminal investigation into "unknown subject(s) for Quantified Theft by Deception".

Belarus: First Interstate Bank in Montana

March 19, 2020 - Application for the appointment of a Commissioner to collect evidence from First Interstate Bank in Montana - pursuant to a request for judicial assistance from Belarus - for a criminal investigation into "unknown subjects" for suspected theft.

Poland: Google LLC (Copyright Infringement re. 'Wlatey Moch')

March 19, 2020 - Application for the appointment of a Commissioner to collect evidence from Google LLC - pursuant to a request for judicial assistance from Poland - for a criminal investigation into an "unknown suspect(s) for copyright infringement offenses" regarding an "animated comedy series" called 'Wlatey Moch'.

Switzerland: Stefano Billeter

March 17, 2020 - Application for the appointment of a Commissioner to collect evidence from SunTrust Bank - pursuant to a request for judicial assistance from Switzerland - for a criminal investigation into Stefano Billeter who allegedly "embezzled money from clients' accounts while he was an employee of Banca Raiffeisen in Lugano, Switzerland".

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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Creditors apply to wind up Cayman's Obelisk Capital Management
Alleging "serious wrongdoing", two creditors claiming to be owed $448,333 under a loan bearing interest at 10% per month have applied to wind up Cayman Islands-based Obelisk Capital Management Ltd., which manages factoring and gold funds for Obelisk Global, whose directors include Jazeb Jones, who was previously dismissed as MD of a Cayman bank over his relationship with a client accused of committing a £50 million fraud.
LATEST ARTICLES & DOCUMENTS  
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.