Articles Cayman Islands Czech Republic England Featured Fraud Investment Malta Spain Switzerland United Kingdom USANovember 7, 2022
British fund manager Jeremy Leach and his firms settle fraud litigation for $11.5M
1 month ago
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Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million over 22 months, OffshoreAlert can reveal. Despite a plethora of red flags, the Cayman Islands Monetary Authority continues to license Leach's Managing Partners Group and its funds and the group also operates entities in the British Virgin Islands, England, Malta, Spain, and Switzerland.