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PJSC Uralkali v. Lawrence Stroll et al: Discovery Application

October 29, 2019 - Ex Parte Application by PJSC Uralkali, of Russia, to take discovery from Lawrence Stroll, a citizen of Canada apparently residing in Switzerland, and Silas Chou, of Hong Kong, during their expected attendance at the Formula 1 United States Grand Prix in Austin, Texas, for use in legal proceedings in the United Kingdom involving Geoffrey Rowley and Jason Baker, as administrators of the Force India Formula One Team Limited, filed at the U. S. District Court for the Western District of Texas.

David Sidders et al: Reasons & Decision

October 23, 2019 - Reasons and Decision in the matter of Cameron Edward Cornish, David Paul George Sidders, and Patrick Jelf Caruso before the Ontario Securities Commission.

Blockchain firm Skrumble sued in Cayman for alleged unpaid fees

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.

'Financial crime consultant' Kenneth Rijock defamed Israeli attorney Steven Slom, rules Miami judge

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.

BVI operator of Bitfinex crypto exchange seeks discovery in 'hunt for missing $880M of client funds'

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.

iFinex Inc. v. Citibank: Discovery Application

October 18, 2019 - Application by iFinex Inc., a British Virgin Islands-domiciled, Hong Kong-based company that operates the Bitfinex cryptocurrency exchange from Citibank NA for use in legal proceedings in Poland, Portugal, and the United Kingdom regarding an attempt to recover $880 million, filed at the U. S. District Court for the Central District of California.

iFinex Inc. v. Rondell Monroe: Discovery Application

October 18, 2019 - Application by iFinex Inc., a British Virgin Islands-domiciled, Hong Kong-based company that operates the Bitfinex cryptocurrency exchange from Rondell Clyde Monroe, a resident of Las Vegas, Nevada, for use in legal proceedings in Poland, Portugal, and the United Kingdom regarding an attempt to recover $880 million, filed at the U. S. District Court for the Central District of California.

Cayman Enterprise City Ltd. v. Skrumble Technologies Ltd. SEZC et al: Writ of Summons

October 17, 2019 - Writ of Summons for alleged unpaid fees in Cayman Enterprise City Ltd. v. David Lifson, of Toronto, Canada, and Skrumble Technologies Ltd. SEZC, a blockchain and communication technology company based in Toronto, Canada, at the Grand Court of the Cayman Islands.

Insolvent Cayman discount broker OneTRADEx accused of impropriety

October 16, 2019 - Insolvent Cayman Islands online discount broker OneTRADEx Ltd. allegedly illegally received $851,396 in "commissions and profit sharing" by borrowing cash from U.S. lender Stockloan Solutions using a client's assets as security without the client's "knowledge or authorization".

Dianne Parsons v. Michele Fleiger: Writ of Summons

October 11, 2019 - Writ of Summons in Dianne Patrice Parsons v. Michele Lenore Fleiger, the Administrator of the Estate of Frank George Fleiger (a citizen of Canada), 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.