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Denmark's tax agency sues US pension plans that received $120M from 'tax refund fraud'

November 20, 2019 - Denmark's tax collection authority filed a complaint yesterday at federal court in New York against 14 U.S. pension plans and their advisers who allegedly received $120 million from a fraudulent tax refund scheme.

SKAT v. John van Merkensteijn et al: Complaint

November 19, 2019 - Complaint regarding a "fraudulent tax refund scheme that deceived SKAT into paying out over 12. 7 billion Danish Kroner, the equivalent of approximately $2.1 billion (US), of allegedly withheld dividend tax" in Skatteforvaltningen, a.k.a. SKAT, Denmark's tax collection agency v. John van Merkensteijn, Richard Markowitz, Bernina Pension Plan Trust, RJM Capital Pension Plan Trust, 2321 Capital Pension Plan, Bowline Management Pension Plan, California Catalog Company Pension Plan, Clove Pension Plan, Davin Investments Pension Plan, Delvian LLC Pension Plan, DFL Investments Pension Plan, Laegeler Asset Management Pension Plan, Lion Advisory Inc. Pension Plan, Mill River Capital Management Pension Plan, Next Level Pension Plan, Rajan Investments LLC Pension Plan, Spirit on the Water Pension Plan, and Traden Investments Pension Plan at the U. S. District Court for the Southern District of New York.

DW Construction Inc. Retirement Plan et al v. ED&F Man Capital Markets Ltd.: Amended Third-Party Complaint

November 13, 2019 - Amended Third-Party Complaint regarding an allegedly fraudulent tax refund scheme in Denmark in DW Construction, Inc. Retirement Plan, Kamco Investments, Inc. Pension Plan, Kamco LP Profit Sharing Pension Plan, Linden Associates Defined Benefit Plan, Moira Associates 401(K) LLC Plan, Riverside Associates Defined Benefit Plan, American Investment Group of New York, L.P. Pension Plan, Stacey Kaminer, Joan Schulman, and David Schulman v. ED&F Man Capital Markets Ltd., of England, at the U. S. District Court for the Southern District of New York.

Newsong Fellowship Church 401(K) Plan et al v. ED&F Man Capital Markets Ltd.: Amended Third-Party Complaint

November 12, 2019 - Amended Third-Party Complaint regarding an allegedly fraudulent tax refund scheme in Denmark in Newsong Fellowship Church 401(K) Plan and Alexander Jamie Mitchell III v. ED&F Man Capital Markets Ltd., of England, at the U. S. District Court for the Southern District of New York.

Del Mar Asset Management Savings and Retirement Plan et al v. ED&F Man Capital Markets Ltd.: Third-Party Complaint

November 12, 2019 - Third-Party Complaint regarding an allegedly fraudulent tax refund scheme in Denmark in Del Mar Asset Management Savings and Retirement Plan, Federated Logistics LLC 401K Plan, and David Freelove v. ED&F Man Capital Markets Ltd., of England, at the U. S. District Court for the Southern District of New York.

Sheldon Goldstein et al v. ED&F Man Capital Markets Ltd.: Amended Third-Party Complaint

November 05, 2019 - Amended Third-Party Complaint regarding an allegedly fraudulent tax refund scheme in Denmark by The Goldstein Law Group PC 401(K) Profit Sharing Plan and Sheldon Goldstein v. ED&F Man Capital Markets Ltd., of England, at the U. S. District Court for the Southern District of New York.

USA v. Margareta Tonisson: FBAR Complaint

September 17, 2019 - Complaint alleging failure to file with the IRS a Report of Foreign Bank and Financial Accounts regarding accounts at BNP Paribas, France; Swed Bank, Sweden; SEB, Sweden; Nordea, Denmark, and Handelsbank, Sweden in USA v. Margareta B. Tonisson, a resident of Oregon who, according to the complaint, opted in, then out of, the Offshore Voluntary Disclosure Initiative, at the U. S. District Court for the District of Oregon.

Illumina Cambridge Ltd. v. Complete Genomics, Inc. et al: Discovery Application

September 06, 2019 - Ex Parte Application by Illumina Cambridge Ltd., "a United Kingdom subsidiary of Illumina Inc., which is a California based, NASDAQ listed company", to take discovery from Complete Genomics, Inc., BGI Americas Corp., and MGI Americas Inc. . which are "owned by or affiliated with the BGI Group, a competitor of Illumina Cambridge based in the People's Republic of China", for use in patent infringement proceedings in Denmark, Germany, Switzerland, and Turkey, filed at the U. S. District Court for the Northern District of California.

M. Goldschmidt Holding A/S et al v. Mads Buhl: Discovery Application

August 20, 2019 - Ex Parte Application by the USA, on behalf of Copenhagen City Court, in Denmark, to take discovery from Google LLC for use in legal proceedings in M. Goldschmidt Holding A/S et al v. Mads Buhl in Denmark, filed at the U. S. District Court for the Northern District of California.

California State Teachers' Retirement System v. Novo Nordisk, Inc.: Discovery Application

August 07, 2019 - Application by California State Teachers' Retirement System to take discovery from Novo Nordisk, Inc. for use in legal proceedings in Denmark against Novo Nordisk A/S, filed at the U. S. District Court for the District of New Jersey.

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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