OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

GREECE

eMail Alerts  

Sign-Up for eMail Alerts

RSS Feed  

Subscribe to feed

Novartis AG: $112M Penalties

June 25, 2020 - Administrative Order imposing penalties against Novartis AG, described as a Switzerland-based "global provider of pharmaceutical and healthcare products", for "improper activities", including "improper payments", "forged contracts", and "false books and records", involving its subsidiaries and affiliates in Greece, Singapore, South Korea, and Vietnam, before the U. S. Securities and Exchange Commission.

SEC v. Vassilios Trikantzopoulos et al: Complaint

June 18, 2020 - Complaint alleging investment fraud in U. S. Securities and Exchange Commission v. Vassilios Trikantzopoulos, a citizen of Greece and resident of Boston who "posed as the scion of a wealthy Greek shipping family", and Navis Ventures LLC, of Delaware, at the U. S. District Court for the District of Massachusetts.

Piraeus Bank v. The Bank of New York Mellon et al: Discovery Application

May 13, 2020 - Application by Piraeus Bank, of Greece, to take discovery from The Bank of New York Mellon, Citibank NA, HSBC Bank (USA) NA, and JPMorgan Chase Bank NA for use in legal proceedings in England filed by Piraeus Bank against Grand Anemi Limited, of Malta; Grandunion Inc., of the Marshall Islands, and Michail (Michael) Zolotas, described as a Greek national with a last known address in Monaco, filed at the U. S. District Court for the Southern District of New York.

World Fuel Services Europe Ltd. v. Hermes Maritime Co. Ltd.: Complaint

May 06, 2020 - Complaint alleging breach of contract in World Fuel Services Europe Ltd., of England v. Hermes Maritime Co. Ltd., described as Malta-domiciled company based in Greece, at the U. S. District Court for the Southern District of Florida.

USA v. Amir Abdolaziz Dianat et al: Arrest Warrant Affidavit

April 30, 2020 - Affidavit in support of application for arrest warrant alleging "knowingly and willfully conspiring with each other and persons in Iran to use the U.S. financial system to procure a petroleum tanker named Nautic, and later renamed to the Gulf Sky, in violation of the Iranian Transactions and Sanctions Regulations" in USA v. Amir Abdolaziz Dianat, a.k.a. Ameer Abdulaazeez Jaafar, and Kamran Ali Lajmiry, a.k.a. Kamran Ali Lajmiri, at the U. S. District Curt for the District of Columbia.

Netherlands: Olnta Lenakou

April 13, 2020 - Application for the appointment of a Commissioner to collect evidence from Bank of America - pursuant to a request for judicial assistance from the Netherlands - for use in a criminal investigation into Greek national Olnta Lenakou for suspected narcotics offenses and money laundering.

Katy Taveira v. Celebrity Cruises Inc.: Discovery Application

December 04, 2019 - Application on behalf of Katy Taveira to take discovery from Celebrity Cruises Inc. for use in legal proceedings in Greece against her former husband, Dimitrios Petras, filed at the U. S. District Court for the Southern District of Florida.

Helena Chartering Inc. v. The Bank of New York Mellon et al: Discovery Application

November 18, 2019 - Application by Helena Chartering Inc., of the Bahamas, to take discovery from The Bank of New York Mellon, Deutsche Bank Trust Company Americas, a.k.a. Deutsche Bank USA; Wells Fargo Bank NA, and Citibank NA for use in contemplated legal proceedings in Greece against Liberia-domiciled Cronus Maritime Inc., filed at the U. S. District Court for the Southern District of New York.

SEC v. Bryan Cohen et al: Complaint

October 18, 2019 - Complaint alleging securities fraud involving investment bankers in London in U. S. Securities and Exchange Commission v. Bryan Cohen, of New York, NY, and George Nikas, a citizen of Greece residing in Athens, Greece, and New York, NY, at the U. S. District Court for the Southern District of New York.

Towerbridge Group Ltd. v. Duane Morris: Complaint

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.

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.

View Recent Digests

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.