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

HUNGARY

eMail Alerts  

Sign-Up for eMail Alerts

RSS Feed  

Subscribe to feed

CFTC v. Yukom Communications Ltd. et al: Complaint

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.

Estate of Vince Richter v. San Diego County Credit Union: Discovery Application

June 20, 2019 - Application by the Probate Court in Gödöllö, Hungary, to take discovery from San Diego County Credit Union for use in probate proceedings in Hungary involving the Estate of Vince Richter, Deceased, filed at the U. S. District Court for the Southern District of California.

NCI New Capital Invest Oil & Gas 11 GmbH et al: Chapter 15 Petition

May 22, 2019 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Germany by Rolf Pohlmann, as the Foreign Representative of NCI New Capital Invest Oil & Gas 11 GmbH, NCI New Capital Invest Oil & Gas 16 GmbH, and NCI New Capital Invest Oil & Gas 19 GmbH, at the U. S. Bankruptcy Court for the Southern District of Florida.

Money+Card Payment Institution Ltd.: Regulatory Penalty

May 16, 2019 - Regulatory Penalty by the Malta Financial Services Authority regarding Money+Card Payment Institution Ltd.

USA v. Adrian Baron: Sentencing Hearing Transcript

February 15, 2019 - Transcript of Sentencing Hearing in USA v. Adrian Baron at the U. S. District Court for the Eastern District of New York.

USA v. Adrian Baron: Plea Hearing Transcript

February 15, 2019 - Transcript of Plea Hearing in USA v. Adrian Baron at the U. S. District Court for the Eastern District of New York.

USA v. Adrian Baron: Criminal Judgment

January 29, 2019 - Criminal Judgment in USA v. Adrian Baron at the U. S. District Court for the Eastern District of New York.

USA v. Adrian Baron: USA's Sentencing Memorandum

January 04, 2019 - USA's Sentencing Memorandum in USA v. Adrian Baron at the U. S. District Court for the Eastern District of New York.

USA v. Adrian Baron: Baron's Sentencing Memorandum

December 14, 2018 - Defendant's Sentencing Memorandum in USA v. Adrian Baron at the U. S. District Court for the Eastern District of New York.

First-ever FATCA conviction in US: Offshore banker Adrian Baron pleads guilty

September 12, 2018 - Offshore banker Adrian Baron faces up to five years in prison after becoming the first-ever person to be convicted in the United States under the Foreign Account Tax Compliance Act.

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

ALL ARTICLES  
Cayman crypto firm ICOBox sued by US regulator for 'unregistered' activity
Cayman Islands cryptocurrency "incubator" ICOBox and its founder, Nikolay Evdokimov, have been sued by the U.S. SEC for alleged illegal involvement in digital token offerings that raised $665 million. In a separate lawsuit last year, a former CEO of an ICOBox subsidiary claimed the group's "main shareholders" were "all funded by Russian money laundered through bitcoins and other cryptocurrencies".
LATEST ARTICLES & DOCUMENTS  
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.