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UAE 'gold supplier' SION Trading sued for '$5M fraud'

January 21, 2021 - UAE-domiciled purported gold supplier SION Trading FZE, which has been implicated in several fraudulent schemes, including a cryptocurrency scam involving Bermuda-based Arbitrade, is being sued in Utah along with individuals and companies in or from Barbados, Canada, England, Panama, St. Lucia, and the USA for allegedly perpetrating a $5 million 'advance fee' scam.

Blackbird Capital LLC v. SION Trading FZE et al: Complaint

January 20, 2021 - Complaint alleging fraud in Blackbird Capital LLC, of Iowa v. Worth Group Capital LLC, of Wyoming; Justin Ely, of Utah; Halls Law Office, of Idaho; Scotia International of Nevada, Inc., of Utah; Sion Trading FZE, of Ras Al Khaimah, in the United Arab Emirates; Max Warren Barber, of Utah; NaPo Limited, described as "a company located and incorporated in Bridgetown, Barbados, and Saint Lucia"; Nikolas Korakianitis, described as a citizen of Canada; GT Foundation, described as "a private interest foundation founded in Panama City, Panama" that "may have an office in London, England and/or New York", and Kumar Singh at the U. S. District Court for the District of Utah.

Digicel Group One Ltd.: Chapter 15 Petition

May 15, 2020 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Bermuda by Mike Morrison, Charles Thresh, and James Bennett, as the Foreign Representatives of Digicel Group One Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

CSME Commodity Traders Ltd. et al v. Apex Global Management Inc. et al: Claim Form

July 22, 2019 - Claim Form in CSME Commodity Traders Ltd., Econotech Ltd., and Sigma Marina & Condominiums Ltd., all of Trinidad and Tobago v. Apex Global Management Inc., of the British Virgin Islands; Axcel Finance (St. Lucia) Ltd., of St. Lucia; Freedom Financial (Jamaica) Ltd., of Jamaica, and Samuel Rosenburg, "believed to reside in the state of New York", at the British Virgin Islands High Court.

Financial Services Compensation Scheme Ltd. v. Estera Corporate Trustees (Guernsey) Ltd.: Re-Amended Complaint

July 18, 2019 - Re-Amended Complaint regarding a failed investment scheme based around Freedom Bay Resort, in St. Lucia, in Financial Services Compensation Scheme Ltd., of England and Wales v. Estera Corporate Trustees (Guernsey) Ltd., of Guernsey, at the High Court of Justice Business and Property Courts of England and Wales.

Limora Investments Ltd.: Chapter 15 Petition

May 23, 2019 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the British Virgin Islands by Alexander Lawson and Paul Pretlove, as the Foreign Representatives of Limora Investments Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

BSR Fund SA et al v. Patrick Cunningham et al: Complaint

April 08, 2019 - Complaint in BSR Fund SA, of the Marshall Islands; United Capital Trust Inc., of Liberia; Volterra Investment Inc., of the Marshall Islands; B Angel Investment Corp., of the Marshall Islands; Galactica FX Trading Corp., of the Marshall Islands; Victor Restis, of Greece, and Bella Resti, of Greece v. Diwakar Jagannath, Ikon Global Holding Company LLC, Ikon Global Markets Inc., Ftechnics Inc., Ikon Europe Ltd., of the United Kingdom; Ikon Finance Ltd., of the United Kingdom; Ikon Atlantic Ltd., of Bermuda; Ioannis Litinas, of Greece; George Daskaleas, of Greece; Maria Kitromilidou, of Cyprus; and Patrick Cunningham alleging fraud regarding Gstar FX Inc., of Belize, and PK Investments Equity Ltd., of the British Virgin Islands, at the Supreme Court of the State of New York, County of New York.

Reliant Group & Casualty ICC Ltd. v. CBIZ MHM LLC: Notice of Removal

February 15, 2019 - Notice of Removal, including copy of the complaint, in Reliant Group & Casualty ICC Ltd., formerly known as Bancroft Life & Casualty ICC Ltd. v. CBIZ MHM LLC at the U. S. District Court for the Southern District of Florida.

Reliant Group & Casualty ICC Ltd. v. CBIZ MHM LLC: Complaint

January 11, 2019 - Complaint in Reliant Group & Casualty ICC Ltd., formerly known as Bancroft Life & Casualty ICC Ltd., of Saint Lucia v. CBIZ MHM LLC at the Circuit Court of the 11th Judicial Court, in and for Miami-Dade County, Florida.

Financial Services Compensation Scheme Ltd. v. Estera Corporate Trustees (Guernsey) Ltd.: Complaint

December 27, 2018 - Complaint regarding a failed investment scheme based around Freedom Bay Resort, in St. Lucia, in Financial Services Compensation Scheme Ltd., of England and Wales v. Estera Corporate Trustees (Guernsey) Ltd., of Guernsey, at the High Court of Justice Business and Property Courts of England and Wales.

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UAE 'gold supplier' SION Trading sued for '$5M fraud'
UAE-domiciled purported gold supplier SION Trading FZE, which has been implicated in several fraudulent schemes, including a cryptocurrency scam involving Bermuda-based Arbitrade, is being sued in Utah along with individuals and companies in or from Barbados, Canada, England, Panama, St. Lucia, and the USA for allegedly perpetrating a $5 million 'advance fee' scam.
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