January 07, 2020 - Nearly two years after their appointment and having run out of cash, the Joint Administrators of Britain's Privilege Wealth Plc have applied to wind up the company, which collapsed after its £40 million-plus investment fraud was exposed by OffshoreAlert.
December 27, 2019 - Complaint alleging "In an effort to retaliate against and silence Mr. Broidy, Qatar hired its go-to firm for underhanded cyber-operations, Defendant GRA, to unlawfully hack into Mr. Broidy’s emails and into his company's servers to steal private communications, business documents, and other material" in Elliot Broidy, of Beverly Hills, California, and Broidy Capital Management LLC, of Los Angeles, California v. Global Risk Advisors LLC, of Delaware; GRA Maven LLC, described as "a military consulting firm" based in North Carolina; GRA Quantum LLC, described as "a full-service cybcersecurity company" based in New York, NY; Global Risk Advisors EMEA Limited, described as a Gibraltar company based in Qatar, and Kevin Chalker, described as "a former CIA officer" who is based in New York, at the U. S. District Court for the Southern District of New York.
December 11, 2019 - Judgment in Michael Thomas Leeds, Nicholas Stewart Wood, and Kevin John Hellard, as Joint Trustees of the insolvent Estate of Platon Elenin, a citizen of Russia formerly known as Boris Berezovsky (deceased) v. Mainstay Trust Limited, as Defendant, and Church Lane Trustees Limited and Sugarbay Ventures Limited, of the British Virgin Islands, as Applicants, at Gibraltar Supreme Court.
December 11, 2019 - Public Statement by the Gibraltar Financial Services Commission announcing that Elite Insurance Company Limited has been found to be "insolvent" and was "placed into Administration on 11 December 2019".
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.
September 20, 2019 - Complaint regarding a sponsorship agreement with Addison Global Limited, of Gibraltar, in Manchester United Football Club Limited, of England v. Select Management Resources LLC and Roderick Aycox, both of Alpharetta, Georgia, USA, at the U. S. District Court for the Northern District of Georgia. OffshoreAlert Note: In its most recent annual return for the period ended December 22nd, 2018, Addison Global Limited's directors were identified as Juergen Reutter, CEO, a citizen of Germany, and Nyreen Llamas, a citizen of the United Kingdom and a lawyer, both residing in Gibraltar, and its sole shareholder as Addison Global Holdings Limited, a Gibraltar company whose annual return for the period ended September 29th, 2018 identified its directors as Reutter and Llamas and its shareholder as Line Holdings Limited, a Gibraltar corporate services provider.
August 29, 2019 - British firm Etaireia Investments Plc has gone into administration - four years after being exposed by OffshoreAlert for perpetrating a property-based investment fraud involving firms and individuals in the BVI, England, Gibraltar, Isle of Man, Scotland, Seychelles, and Spain.
August 16, 2019 - Administrators' Progress Report by insolvency practitioners Stephen Katz and John Kelmanson regarding Privilege Wealth Plc, a British firm that collapsed after being exposed as the perpetrator of an investment fraud by OffshoreAlert in 2016.
August 12, 2019 - Complaint for "an illegal and fraudulent 'binary options' trading scheme" involving companies in Anguilla, Bulgaria, Cyprus, Gibraltar, Israel, Malta, Marshall Islands, Mauritius, Saint Vincent and the Grenadines, and the United Kingdom in Commodity Futures Trading Commission v. Yukom Communications Ltd., of Israel; Linkopia Mauritius Ltd., of Mauritius; Wirestech Limited, d.b.a. BigOption, of the Marshall Islands; WSB Investments Ltd., d.b.a. BinaryBrook, of Anguilla, Gibraltar, St. Vincent and the Grenadines, and the United Kingdom; Zolarex Ltd., d.b.a. BinaryOnline, of the Marshall Islands; Yakov Cohen, an Israeli residing in Israel and Mauritius; Yossi Herzog, of Israel; Lee Elbaz, of Israel, currently incarcerated in the USA, and Shalom Peretz, of Israel, at the U. S. District Court for the Northern District of Illinois.
August 02, 2019 - Claim Form and Particulars of Claim alleging breach of fiduciary duty resulting in losses in excess of £1.3 million in Towerbridge Group Limited, domiciled in the British Virgin Islands, based in Cyprus v. Duane Morris, a London-based law firm, at the High Court of Justice for England and Wales.
