October 22, 2020 - Board Decision by the Cyprus Securities and Exchange Commission announcing that Key Way Investments Ltd. has agreed to pay €120,000 to settle an action for "possible violations" of regulations. Editor's Note: Research by OffshoreAlert in the Cyprus Registrar of Companies showed that Key West Investments Ltd. was incorporated in Cyprus on March 4th, 2015, its directors are Wasim Zayed, Christina Koullapi, Loukas Kousios, Pavlos Iosifidis, Thomas Xydas, and Constantin Octavian Patrascu, and its secretary is PMG Islandserve Nominees Limited.
October 14, 2020 - Writ of Summons alleging "a dishonest scheme" in Galina Trunina and 114 other individuals v. Peters International (Cayman) Limited, of the Cayman Islands; Peters International Investment BV, of Curaçao; Promsvyaz Capital BV, of the Netherlands, and Dmitri Ananyev, of Cyprus, at the Grand Court of the Cayman Islands.
October 08, 2020 - Application by National Bank Trust to take discovery from Connecticut Shotgun Manufacturing Company, Wells Fargo Bank, and Summit Investment Management Ltd. for use in legal proceedings in England alleging fraud against Ilya Yurov, Sergey Belyaev, Nikolay Fetisov, Nataliya Yurova, Irina Belyaeva, and Elena Pischulina and "in aid of enforcement of a judgment entered in the U.K. Action in the approximate amount of U.S. $900 million", filed at the U. S. District Court for the District of Connecticut.
October 06, 2020 - Board Decision by the Cyprus Securities and Exchange Commission that a settlement in the amount of €270,000 has been reached with Royal Forex Ltd. "for possible violations of The Investment Services and Activities and Regulated Markets Law of 2017". Editor's Note: Research by OffshoreAlert in the Cyprus Registrar of Companies showed that Royal Forex Limited was incorporated on October 10th, 2014, its directors are Pavel Siampanov, Christos Spanos, Andreas Samatas, Marios Naziris, and Giorgos Cheimonidis, and its secretary is Dilea Secretarial Limited.
September 30, 2020 - Four months after its shares were delisted from NASDAQ, Luxembourg-domiciled "music streaming" firm Akazoo S.A. has been sued for securities fraud in New York by the SEC, with the alleged scheme also involving individuals and firms in England, Greece, and Scotland.
September 30, 2020 - SEC's Emergency Application for an Order to Show Cause, Asset Freeze, and Other Relief in U. S. Securities and Exchange Commission v. Akazoo SA, of Luxembourg, at the U. S. District Court for the Southern District of New York.
September 29, 2020 - Public Announcement by the Cyprus Securities and Exchange Commission that Depaho Limited has agreed to pay €270,000 to settle an action for "possible" regulatory breaches. Editor's Note: Research by OffshoreAlert in the Cyprus Registrar of Companies showed that he directors of Depaho Limited are identified as Aida Rizk, Petros Nakouzi, Neda Herodotou, and Marios Economy.
September 25, 2020 - Originating Application in Capital WW Investment Limited v. Tall Trade Ltd. at the British Virgin Islands High Court.
September 18, 2020 - Originating Application in the matter of Gloucester Shipping Limited at the Grand Court of the Cayman Islands.
September 16, 2020 - Application by Tatiana Akhmedova to take discovery from Google LLC for use in legal proceedings in England involving, inter alia, her husband, Farkhad Akhmedov, a Russian businessman; their son, Temur Akhmedov, and "Liechtenstein trustee entities Counselor Trust Reg and Sobaldo Establishment" regarding judgment collection and alleged "fraudulent evasion", filed at the U. S. District Court for the Northern District of California.
