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Douglas Italia SpA v. Piofrancesco Borghetti et al: Complaint

June 17, 2019 - Complaint alleging "a pattern of creating and using sham companies to steal millions of dollars worth of assets from the plaintiff, to conceal the criminal proceeds and to frustrate plaintiff's ability to recover on civil money judgments rendered against him" in Douglas Italia SpA, formerly Limoni SpA, of Milan, Italy v. Piofrancesco Borghetti, a convicted embezzler, of Italy; Anacod Real Estate  LLC, of Delaware; Kellerton Group Ltd., of the British Virgin Islands, allegedly controlled by Borghetti through "his Hong Kong-based facilitator and nominee, Nilesh Sajnanivia", and Briguglio & Associates LLP, of New York, NY, at the State of New York Supreme Court, County of New York.

Netherlands: Joao Estavano Mendes Neves et al

July 22, 2004 - Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the Netherlands into Joao Estavano Mendes Neves, Teresa Maria Dos Santos, Plantage Mendes NV and Trees & Flowers NV, t.a. Cactus Entertainment, for suspected tax fraud.

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 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".
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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.