A bizarre and seemingly-frivolous lawsuit alleging a $450 million fraud by a Bahamas investment group and related individuals has been filed in New York by four Ukraine citizens and 35 suspiciously-named firms that purport to be domiciled in some of the seediest offshore jurisdictions, including one called "Bear Stearns", which claims to be registered in the Seychelles. UPDATE: On October 17th, 2021 - just four days after filing the complaint, the plaintiffs filed a notice of voluntary dismissal.
Anguilla Articles Bahamas Belize Canada Featured Fraud Hong Kong Investment Seychelles St. Kitts & Nevis Ukraine USAOctober 14, 2021
Bizarre lawsuit by ‘Bear Stearns’ alleges ‘$450M fraud’ by Bahamas-licensed securities broker
2 years ago
TopicsAnguilla Bahamas Belize Canada Fraud [ 6 more... ] [ top 5 ]
KeywordsAC Capital America 2030 Capital Astor Asset Management Astor Capital Fund Aurelius Capital Management
Bear Stearns Bentley Bronfman Capital Bentley Rothschild Capital Blackrock Capital BSC Capital Chris Papaioannou Christos Livadas Cornelius Vanderbilt Capital Management Courtney Filipenko Dreyfus Corporation Hong Rainbow Yang Ihor Ushenko Jamaal Stubbs Jose Marmolejo Lincoln Capital Newburgh Capital Oksana Hryn Rahul Kirpalani SAL Oppenheim Selby Brice Sovereign Liquidity Fund State Street Global Advisors Union Pacific Capital Volodymyr Hren Weiser Global Capital Markets Yelyzaveta Lata[ 26 more... ] [ top 5 ]