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David Limner v. Gilat Satellite Networks Ltd. et al: Complaint

March 10, 2020 - Complaint alleging securities violations in David Limner v. Gilat Satellite Networks Ltd., of Israel, described as "a global provider of satellite-based broadband communications"; Dov Baharav, Elyezer Shkedy, Dafna Cohen, Meir Shamir, Dafna Sharir, Amir Ofek, Ishay Davidi, Aylon Rafaeli, and Amiram Boehm at the U. S. District Court for the Southern District of New York.

Michael Smith v. Gilat Satellite Networks Ltd. et al: Complaint

March 04, 2020 - Complaint alleging securities violations in Michael Smith v. Gilat Satellite Networks Ltd., of Israel, described as "a global provider of satellite-based broadband communications" whose shares are listed on NASDAQ; Dov Baharav, Elyezer Shkedy, Dafna Cohen, Meir Shamir, Dafna Sharir, Amir Ofek, Ishay Davidi, Aylon Rafaeli, and Amiram Boehm at the U. S. District Court for the Southern District of New York.

SEC v. Tomer Feingold et al: Complaint

March 03, 2020 - Complaint alleging "an international insider trading scheme" involving individuals and companies in the British Virgin Islands, Cayman Islands, Cyprus, England, France, Hong Kong, Switzerland, and Thailand in U. S. Securities and Exchange Commission v. Tomer Feingold, and Dov Malnik, both described as citizens of Israel residing in Switzerland, as Defendants, and Adamas Healthcare Fund, of the Cayman Islands; Amiservice Development Limited, Ample Vantage Trading Limited, Bravo Business Limited, Kuray Investments Limited, Mignon Group Limited, and Upbeat Worldwide Investments Limited, all of the British Virgin Islands, as Relief Defendants, at the U. S. District Court for the Southern District of New York.

Rybovich Boat Company LLC v. M/Y Blue Star et al: Complaint

January 29, 2020 - Complaint in Rybovich Boat Company LLC, of Palm Beach County, Florida v. M/Y Blue Star, a motor yacht registered in the Cayman Islands; Vladimir Gusinsky, a.k.a. Vladimir Gusinski, described as "a citizen of Russia and Israel, and Shakra Holdings Limited, of Gibraltar, at the U. S. District Court for the Southern District of Florida.

Fraud charges filed over Cayman firm's $30M ICO

January 17, 2020 - Criminal and regulatory charges alleging fraud have been brought in New Jersey against Canadian Boaz Manor and Israeli attorney Edith Pardo regarding a $30 million Initial Coin Offering by BCT Inc. SEZC, of the Cayman Islands.

Adv. Eitan Erez v. Net International Property Ltd.: Fixed Date Claim Form

January 16, 2020 - Fixed Date Claim Form in Adv. Eitan Erez, of Israel, Trustee of the assets of Rachel Sofer v. Net International Property Limited at the British Virgin Islands High Court.

Steven Slom v. Kenneth Rijock: Rijock Counsel's Motion to Withdraw

January 13, 2020 - Motion by the Law Offices of Dominquez & Associates PA to withdraw as counsel for Kenneth Rijock "regarding the payment of legal services" in Steven Slom, of Israel v. Kenneth Rijock at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.

Eli Sabag v. Marion County Community Corrections et al: Discovery Application

December 31, 2019 - Application by Israeli national Eli Sabag to take discovery from Marion County Community Corrections and John Deiter for use in "an intended criminal complaint" in the United Kingdom against German national Lars Windhorst for suspected fraud and bribery regarding the sale of Israel's GPS Global Tracking & Surveillance System Ltd. to Track Group Inc., of Illinois, filed at the U. S. District Court for the Southern District of Indiana. Editor's Note: This application was filed under seal on December 31st, 2019 and unsealed on February 11th, 2020.

Mark McDonald et al v. Michael Gubbay: Originating Application

December 23, 2019 - Originating Application in Mark McDonald and Matthew Richardson, both of Grant Thornton, as Liquidators of Tuscola Group Limited (in Liquidation) v. Michael Gubbay, evidently a resident of Israel, at the British Virgin Islands High Court.

Fraud alleged in €79M 'security token' dispute between Cayman firms

October 22, 2019 - Cayman Islands financial advisory Outcrop Capital, which is owned by a former resident of Russia now living in Israel, claims to have been swindled out of bonds with a nominal value of €79.8 million in a "security token" deal with Russian-controlled, Cayman firm Versatile Chain.

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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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.