July 26, 2021 - Criminal Information alleging conspiracy to violate the Foreign Corrupt Practices Act and money laundering regarding an alleged bribery scheme involving individuals and entities in or from the British Virgin Islands, Cyprus, Israel, Mexico, Nigeria, Spain, Switzerland, United Kingdom, and USA in USA v. Anthony Stimler, a citizen of the United Kingdom who worked as a trader, at the U. S. District Court for the Southern District of New York.
July 22, 2021 - Public Notice by the Gibraltar Financial Services Commission that IDT Financial Services Limited has agreed to pay £298,387 to settle a regulatory investigation. Editor's Note: Research by OffshoreAlert at Gibraltar's Companies House showed that the directors of IDT Financial Services Limited, as disclosed in its 2021 annual return, were Timothy Streatfeild-James, a citizen of the United Kingdom residing in Gibraltar; James Robert Raanan, a citizen and resident of Israel; Marcelo Fischer, a citizen and resident of the United States; Damian Asquez, a citizen of the United Kingdom residing in Gibraltar, and Gareth Meredith Williams, a citizen of the United Kingdom residing in Gibraltar.
July 12, 2021 - Complaint alleging "a multi-million dollar scheme to defraud retail investors in the United States through the unregistered offer and sale of security-based binary options from at least December 2014 through June 2017" that, inter alia, involved Porter Finance and Dalton Finance in U. S. Securities and Exchange Commission v. Jonathan Mimun, a.k.a. Yoni Mimun, a.k.a. Jonathan Maymon, described as "a Canadian citizen residing in Israel", and Ronn BenHarav at the U. S. District Court for the District of Nevada.
June 24, 2021 - Criminal Complaint alleging securities fraud involving Cayman Islands-domiciled Income Collecting 1-3 Months T-Bills Mutual Fund in USA v. Ofer Abarbanel at the U. S. District Court for the Southern District of New York.
June 21, 2021 - Cayman Islands-domiciled Income Collecting 1-3 Months T-Bills Mutual Fund, whose directors reside in the Bahamas and British Virgin Islands, and its Israeli principal, Ofer Abarbanel, have been accused by the U.S. SEC of swindling investors who have been unable to redeem $106 million.
June 21, 2021 -
June 21, 2021 - Complaint alleging "a fraudulent investment scheme" in U. S. Securities and Exchange Commission v. Ofer Abarbanel, described as a citizen of Israel residing in California; Victor Chilelli, described as a resident of Delaware, and Income Collecting 1-3 Months T-Bills Mutual Fund, described as "a mutual fund registered in the Cayman Islands", as Defendants, and Institutional Syndication LLC, North American Liquidity Resources LLC, Institutional Secured Credit LLC, Growth Income Holdings LLC, and Global EMEA Holdings LLC, as Relief Defendants, at the U. S. District Court for the Southern District of New York. Editor's Note: In the complaint, the SEC alleged that "Abarbanel and Chilelli arranged for friends (including a friend's wife) and nominee personnel in the Bahamas and British Virgin Islands to serve as directors of the Fund". Research by OffshoreAlert at the Cayman Islands General Registry showed that the directors of Income Collecting 1-3 Months T-Bills Mutual Fund are Boisy Roberts, of the Bahamas, and "Trevo Liburd", of the British Virgin Islands, which appears to be a typo and a reference to Trevor Liburd.
June 18, 2021 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Israel by Uri Braun, as the Foreign Representative of Addoox Media Ltd., filed at the U. S. Bankruptcy Court for the Northern District of California.
May 19, 2021 - Administrative Order by the U. S. Securities and Exchange Commission imposing industry bans on Gil Beserglik, 64, a citizen of Israel; Raz Beserglik, 35, a citizen of Israel, and Kai Christian Petersen, 53, a citizen of Germany, regarding their involvement in binary options brokers.
May 03, 2021 - Complaint alleging "a series of fraudulent schemes orchestrated by Defendant, Amir Preisler, and his various cohorts, to illegally sell unregistered securities and solicit investment in sham companies, under the guise of developing cutting-edge technologies and promoting social good" in Valerie Greenfeld v. Squidvision Corp., Kannahaus Corp., Ecoflame Solutions Corp., Scentcast LLC, all of Delaware; Bobby Orbach, of New York; Amir Preisler, of Florida; Hezi Basok, of Israel, and Noga Solovey, of Florida, at the U. S. District Court for the Southern District of Florida.
