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USA v. EZ Lynk SEZC et al: Complaint

March 08, 2021 - Complaint alleging violations of the Clean Air Act "by manufacturing and selling a product that allows drivers to illegally to disable their motor vehicles' emissions controls at the push of a button" in USA v. EZ Lynk SEZC, of the Cayman Islands; Prestige Worldwide SEZC, of the Cayman Islands; Bradley Gintz, of Lake Charles, Louisiana, and Thomas Wood, of Denver, Colorado, at the U. S. District Court for the Southern District of New York.

Bermuda's Arbitrade investigated for 'fraud' by Canadian securities regulator

March 08, 2021 - Bermuda-domiciled Arbitrade Ltd. and its 48-year-old Canadian principal, Troy Hogg, are being investigated by the Ontario Securities Commission for a suspected US$41 million cryptocurrency fraud, OffshoreAlert can reveal.

CFTC v. John McAfee et al: Complaint

March 05, 2021 - Complaint alleging fraud involving cryptocurrencies in Commodity Futures Trading Commission v. John David McAfee and Jimmy Gale Watson, Jr. at the U. S. District Court for the Southern District of New York.

Hipaaline Ltd.: Chapter 15 Petition

March 04, 2021 - Chapter 15 Petition for Recognition of a Foreign Main Proceeding in England and Wales by Nicholas Charles Simmonds and Chris Newell, of Quantuma Advisory Limited, as the Foreign Representatives of Hipaaline Ltd., at the U. S. Bankruptcy Court for the Northern District of Illinois.

USA v. John McAfee et al: Indictment

March 02, 2021 - Criminal Indictment alleging fraud and money laundering involving cryptocurrencies in USA v. John David McAfee and Jimmy Gale Watson, Jr. at the U. S. District Court for the Southern District of New York.

Providence Financial Investments Inc. et al: Trustee's Renewed Motion for Substantive Consolidation

March 02, 2021 - Trustee's Renewed Ex-Parte Motion for Substantive Consolidation of Debtors Only in re: Providence Financial Investments Inc. and Providence Fixed Income Fund LLC at the U. S. Bankruptcy Court for the Southern District of Florida.

USA v. Brandon Beckstrom et al: 'Capitol Riot' Search/Seizure Warrant Application

March 02, 2021 - Application for a Warrant regarding an account with the username @BrndnBckstrm for a criminal investigation into Brandon Beckstrom, of Queens, New York, and others for suspected involvement in "a riot and related offenses that occurred at the United States Capitol Building" on January 6th, 2021 in USA v. Twitter Inc. at the U. S. District Court for the District of Columbia.

SEC v. Airborne Wireless Network et al: Complaint

March 02, 2021 - Complaint alleging fraud involving, inter alia, "Cayman Islands bank accounts" in U. S. Securities and Exchange Commission v. Airborne Wireless Network, of Nevada; Kalistratos Kabilafkas, a.k.a. Kelly Kabilafkas, a.k.a. Mark McKinney, of California; Timoleon Kabilafkas, a.k.a. Tim Kabilafkas, of California; Chrysilios Chrysiliou, of California; Panagiotis Bolovis, pf Greece; Jack Edward Daniels, of California; Eric Scheffrey, described as a resident of Colorado and Switzerland, and Moshe Rabin, of Florida, as Defendants, and Timoleon Kabilafkas, in his capacity as trustee of the Tim Kabilafkas Revocable Trust Dated July 24, 2001, and Magdaline Kabilafkas, in her capacity as trustee of the Magdaline Kabilafkas 1989 Trust Dated May 27, 1989, a.k.a. the Magdaline Kabilafkas Revocable Trust, at the U. S. District Court for the Southern District of New York.

Athos Asia Event Driven Master Fund et al v. L & L Horizon LLC: Discovery Application

March 01, 2021 - Application by Athos Asia Event Driven Master Fund, FourWorld Event Opportunities LP, BCIM Strategic Value Master Fund LP, Maso Capital Arbitrage Fund Limited, Maso Capital Investments Limited, all of the Cayman Islands, and Kevin Xin Lu, of California, to take discovery from L & L Horizon LLC for use in legal proceedings in the Cayman Islands, filed at the U. S. District Court for the District of Delaware.

Johnathon Householder v. Thunder Bridge Acquisition II Ltd. et al: Complaint

March 01, 2021 - Complaint alleging securities violations "in connection with the proposed merger between Thunder Bridge and Ay Dee Kay, LLC d/b/a indie Semiconductor" in Johnathon Householder v. Thunder Bridge Acquisition II Ltd., a Cayman Islands-domiciled, Virginia-based "blank check company formed in order to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities" whose shares are listed on NASDAQ; Gary Simanson, David E. Mangum, Mary Ann Gillespie, Robert Hartheimer, Stewart Paperin, and Allerd Derk Stikker at the U. S. District Court for the Southern District of New York.

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.