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 Litigation Seychelles St. Kitts & Nevis Ukraine USAOctober 14, 2021
Bizarre lawsuit by ‘Bear Stearns’ alleges ‘$450M fraud’ by Bahamas-licensed securities broker
8 months ago
TopicsAnguilla Bahamas Belize Canada Fraud [ 7 more... ] [ top 5 ]
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