Fraud

Mongolia's former Prime Minister Sükhbaataryn Batbold, his son, Battushig Batbold, and entities in the British Virgin Islands, Hong Kong, Mongolia, South Korea, and Switzerland are being sued in the BVI for alleged corruption.

Class Action Complaint in Kevin Parot v. Clarivate Plc, described as "an information services and analytics company" based in London, England, and domiciled in Jersey, in the Channel Islands; Jerre Stead, and Richard Hanks at the U. S. District Court for the Eastern District of New York.

Application by Banco Santander (Brasil) SA to take discovery from Citibank NA, The Bank of New York Mellon, Société Générale, New York Branch; HSBC Bank USA NA, BNP Paribas USA, JPMorgan Chase Bank NA, Barclays Bank Plc, Bank of America NA, Wells Fargo Bank NA, and The Clearing House Payments Company LLC for use in legal proceedings alleging fraud in São Paulo, Brazil "against Ducoco Produtos Alimenticios S/A, Ducoco Alimentos S/A, Malibu Holding S/A, and Nelson Nogueira Pinheiro", filed at the U. S. District Court for the Southern District of New York.

Class Action Complaint in John Paul O'Brien v. Paysafe Limited, f.k.a. Foley Trasimene Acquisition Corp. II, of Bermuda; William P. Foley II, Richard N. Massey, Bryan D. Coy, Philip McHugh, and Ismail Dawood at the U. S. District Court for the Southern District of New York.

Forfeiture Complaint regarding "assets that facilitated, were involved in, and are traceable to an international conspiracy to launder money embezzled and fraudulently obtained from PrivatBank", described as "one of the largest banks in Ukraine" from which its owners, Ihor Kolomoisky and Gennadiy Boholiubov, allegedly stole "over $5 billion", in USA v. $5.7 million promissory note executed by 8787 Ricchi LLC payable to 87STE Lending LLC at the U. S. District Court for the Southern District of Florida.

Registration of a Judgment for $29 million in P Standard General Ltd., of the British Virgin Islands, and Standard General Master Fund LP, of the Cayman Islands v. Dov Charney, Apex Real Estate Management LLC, and Art, Commerce & Manufacturing Solutions, LLC at the Superior Court of the State of Delaware, County of New Castle.

Complaint alleging a fraud totaling "millions of dollars" in Pioneer GP Limited and Champlain Investment Holdings Limited, both of the Cayman Islands v. Daria Valdez, a.k.a. Daria Pastoukhova, described as a resident of the Bahamas and the husband of Lance Valdez, who "died in a helicopter crash in the Bahamas", and Jason Sweeney, described as a resident of Ireland, at the U. S. District Court for the Southern District of New York.

Motion for Attorney's Fees and Costs by Brandon Ng and Cookie Choi after a Temporary Asset Freeze Order against them was dismissed in a case in which they have been accused of stealing Bitcoin worth $80 million in Steven Paul Kowalski, a citizen of Australia residing in Dubai, United Arab Emirates v. Binance Holdings Ltd., of the Cayman Islands; BAM Trading Services Inc., d.b.a. Binance US, of Delaware; Binance Asia Services Pte Ltd., of Singapore; Payward Inc., d.b.a. Kraken; Payward Ventures Inc., of Delaware; Brandon Chun Yin Ng, described as a citizen of the United States residing in Texas; Hiu Lam Cookie Choi, described as a citizen of Hong Kong residing in Texas; Wai Kit Lo and Lee Kei Lau, described as citizens and residents of Hong Kong; Nurlan Neqmat Ogly Guliev and Oksana Aleksandrovna Dolgopolova, described as citizens and residents of Russia, at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.

Application for the appointment of a Commissioner to collect evidence from Name.com LLC - pursuant to a request for judicial assistance from Portugal - for a criminal investigation into "an unknown suspect(s) for fraud offenses".

Application for the appointment of a Commissioner to collect evidence from the Bank of America, JPMorgan Chase Bank, and SunTrust Bank - pursuant to a request for judicial assistance from Portugal - for a criminal investigation into "unknown subjects for fraud".

Forfeiture Complaint regarding artwork that was part of an allegedly fraudulent scheme by deceased United Kingdom antiques dealer Douglas Latchford "to sell looted Cambodian antiquities on the international art market, primarily by creating false provenance documents and falsifying invoices and shipping documents, including misrepresenting the country of origin of artworks", filed at the U. S. District Court for the Southern District of New York.

Application by BASF T.O.V., of Ukraine, to take discovery from Citibank, N.A., The Bank of New York Mellon, Société Générale, New York Branch; HSBC Bank USA, N.A., BNP Paribas USA, JPMorgan Chase Bank, N.A., Barclays Bank PLC, Deutsche Bank Trust Co. Americas, The Bank of Nova Scotia, New York Agency; UBS AG, Bank of America, N.A., Standard Chartered Bank US, Commerzbank AG, New York Branch; and The Clearing House Payments Company, LLC for use in legal proceedings in Ukraine alleging fraud "against PE Cherkes Trading House (f/k/a PE “Firma Bershad Agroplius”) (and its affiliates and officers, including Mr. Zulynskyi Stepan Olegovych), Agrarian Alliance LLC, STOV Dibrova I K, and Motoviltex LLC" at the U. S. District Court for the Southern District of New York.

Motion to Quash Service and Dismiss Complaint by Charles Stein and Davidovich Stein Law Group LLP regarding an alleged $6.7 million fraud involving “non-existent doses” of a COVID-19 vaccine “for the purpose of vaccinating nearly 300,000 citizens of the island of Barbados” in Radical Investments Ltd., described as a St. Lucia company based in Barbados v. Good Vibrations Entertainment LLC, of Florida; Alex Lee Moore, a.k.a. Flex Moore; Prestige Pegasus LLC, of Colorado; Moniladae Coley, a.k.a. Moniladai Coley; Charles Stein, a.k.a. Charlie Stein, a lawyer in California, and Davidovich Stein Law Group LLC, a law firm California, at the U. S. District Court for the Southern District of Florida.

Complaint alleging fraud involving "a $725 million term loan facility" by entities in Bermuda, British Virgin Islands, Canada, Cayman Islands, Ireland, and USA in Deutsche Bank Securities Inc. v. 683 Capital Partners LP, Candlewood Investment Group LP, Candlewood Financial Opportunities Fund LLC, Candlewood Financial Opportunities Master Fund LP, Candlewood Special Situations Master Fund Ltd., CWD OC 522 Master Fund Ltd., Flagler Master Fund SPC Ltd., Corbin Capital Partners LP, Corbin Opportunity Fund LP, Fifth Street Station LLC, Highbridge Capital Management LLC, Highbridge International LLC, Highbridge Tactical Credit & Convertibles Master Fund LP, Lincoln Square Funding ULC, Tennenbaum Capital Partners LLC, Tennenbaum Heartland Co-Invest LP, Tennenbaum Senior Loan Fund II LP, Tennenbaum Senior Loan Fund V LLC, Tennenbaum Special Situations Fund IX LLC, Tennenbaum Special Situations Fund IX-C LP, Tennenbaum Special Situations Fund IX-O LP, Apollo Global Management Inc., Apollo Global Management Inc., Apollo Capital Management LP, Apollo A-N Credit Fund (Delaware) LP, Apollo Credit Strategies Master Fund Ltd., Baldr Mason Fund Inc., BlackRock Financial Management Inc., Cadbury Hedge Fund Alternatives, K Special Opportunity Fund LP, Sainsbury's Credit Opportunities Fund Ltd., Investment Partners IV (A) LLC, BMO Funds, Inc. - BMO Alternative Strategies Fund, Cavello Bay Reinsurance Limited, Cerberus Capital Management LP, Cerberus Institutional Partners VI LP, Commonwealth of Pennsylvania Treasury Department, Commonwealth of Pennsylvania Treasury Department - Tuition Account Program, Cyrus Capital Partners LP, Crescent 1 LP, Canary SC Master Fund LP, CRS Master Fund LP, Cyrus Capital Fund Partners, Cyrus Opportunities Master Fund Ltd., Cyrus Opportunities Master Fund II, Cyrus Select Opportunities Master Fund Ltd., Elliott Investment Management LP, Elliott Associates LP, Elliott Capital Advisors LP, Manchester Securities Corp., Empyrean Capital Partners LP, Empyrean Investments LLC, Fort George Investments, LLC, Greenlight Capital LP, Greenlight Capital (Gold) LP, Greenlight Capital Qualified LP, Greenlight Capital Offshore Master (Gold) Ltd., Greenlight Capital Offshore Partners, Greenlight Reinsurance Ltd., JMB Capital Partners Master Fund LP, Kaiser Permanente Group Trust, KTRS Credit Fund LP, Luxor Capital Group, Luxor Capital LLC, Mangrove Partners, The Mangrove Partners Master Fund Ltd., Marathon Asset Management LP, Marathon Court Square LP, Marathon Credit Dislocation Fund LP, Marathon Special Opportunities Master Fund Ltd., Marathon Liquid Credit Long Short Fund, Marblegate Asset Management LLC, Marblegate Special Opportunities Master Fund LP, P Marblegate Ltd., Neuberger Berman Investment Funds Plc, Neuberger Berman Advisers Management Trust - Absolute Return Multi-Manager Portfolio; Neuberger Berman Alternative Funds - Neuberger Berman Absolute Return Multi-Manager Fund; Penteli Master Fund Ltd., Privilege Underwriters Reciprocal Exchange, PURE Insurance Company, Sound Point Capital Management LP, Sound Point Beacon Master Fund LP, Sound Point Credit Opportunities Master Fund LP, Sound Point Montauk Fund LP, Sound Point Senior Floating Rate Master Fund LP, Sound Point Floating Rate Fund, A series of Taylor Insurance Series LP; and Relative Value–Long/Short Debt, A Series of Underlying Funds Trust at the Supreme Court of the State of New York, County of New York.

Class Action Complaint alleging fraud involving "a scheme among various individuals in the cryptocurrency sector to misleadingly promote and sell the digital asset associated with EthereumMax (the EMAX Tokens) to unsuspecting investors" in Ryan Huegerich v. Steve Gentile, Giovanni Perone, Justin French, Kimberly Kardashian, Floyd Mayweather Jr., and Paul Pierce at the U. S. District Court for the Central District of California.

Administrative Order by the U. S. Securities and Exchange Commission imposing an industry ban on Ran Armon, described as a citizen and resident of Canada, for an alleged fraud.

The Crowd Machine cryptocurrency group headed by Australian Craig Sproule "raised more than $33 million from hundreds of investors" in a "fraudulent and unregistered" scheme involving entities in Australia, Cayman Islands, South Africa, and United States, the U.S. Securities and Exchange Commission has alleged.

Complaint alleging fraud involving "Sentia Wellness, Inc. ... a CBD (cannabidiol) company" in Measure 8 Ventures LP, a Delaware company based in New York; Gron Ventures Fund I LP, a Delaware based in California; Zola Global Investors Ltd., a Delaware based in Utah; Anson Advisors Inc., of Toronto, Canada, on behalf of Anson East Master Fund LP, AC Anson Investments Ltd., Anson Investments Master Fund LP, and Anson Opportunities Master Fund LP; Serendipity SPC – Trimble Fund SP on behalf of Emerald Spur Limited, a Cayman Islands company based in Singapore; Lapid US Investments LLC, a Delaware company based in Toronto, Canada, and Hadron Healthcare and Consumer Special Opportunities Master Fund, of the Cayman Islands v. Nitin Khanna, Karan Khanna, Angelo Lombardi, Sam Knapp, Nicholas J. Slinde, Benjamin C. Stoller, and Allan Goodman at the Circuit Court of the State of Oregon, for the County of Multnomah.

Class Action Complaint that "arises out of Credit Suisse's announcement of its decision to delist and suspend the issuance of its exchange traded note product, DGAZ" in Adelina Gomez v. Credit Suisse AG, of Switzerland, at the U. S. District Court for the Southern District of New York.

Stipulation Consenting to Judgment in U. S. Securities and Exchange Commission v. Metavine Pty. Ltd., of Australia, at the U. S. District Court for the Northern District of California.

Stipulation with Proposed Order in U. S. Securities and Exchange Commission v. Crowd Machine Inc. and Metavine Inc. at the U. S. District Court for the Northern District of California.

Stipulation with Proposed Order in U. S. Securities and Exchange Commission v. Craig Sproule, a citizen of Australia, at the U. S. District Court for the Northern District of California.

Complaint alleging a "fraudulent and unregistered" cryptocurrency offering that "raised more than $33 million from hundreds of investors" and involved entities in Australia, Cayman Islands, South Africa, and United States in U. S. Securities and Exchange Commission v. Crowd Machine Inc., of Delaware; Metavine Inc., of Delaware, and Craig Derel Sproule, a citizen of Australia, as Defendants, and Metavine Pty. Ltd., of Australia, as Relief Defendant, at the U. S. District Court for the Northern District of California.

Defendant's Motion to Dismiss in Robert Guarini v. John Doe and Binance, of the Cayman Islands, at the U. S. District Court for the Southern District of Florida.

Dubai-based Australian Steven Kowalski is suing 11 individuals and companies in the Cayman Islands, Hong Kong, Russia, Singapore, and the United States after Bitcoin worth $80 million was allegedly stolen from him in "a sophisticated malware attack" and laundered through accounts at cryptocurrency exchanges Binance and Kraken.

Complaint alleging the loss of "$434,586 worth of cryptocurrency in a digital hacking theft" of his account at the Coinbase cryptocurrency exchange in Roger Zierenberg, a resident of Moorpark, California v. John Doe at the U. S. District Court for the Central District of California.

Generally Endorsed Writ of Summons alleging breach of fiduciary duty, breach of trust, fraudulent disposal of trust property by trustee, dishonest appropriation of property, and conspiracy to defraud in Geoffrey Lynn Randall Willcocks v. Joseph E. Wakefield, a lawyer, and Wakefield Quin Limited, a law firm, at Bermuda Supreme Court.

Public Notice by the Isle of Man Financial Services Authority that it has disqualified Richard Ian Kissack, an accountant who was sentenced to 13 months in prison in September 2021 after he pleaded guilty to tax evasion in the Isle of Man.

Judgment regarding applications to discharge a freezing order, set aside leave to serve outside the jurisdiction, and to stay the proceedings regarding allegations of fraud in WWRT Limited, described as "an English company which claims to be the indirect assignee of various claims of the Ukrainian bank, JSC Platinum" v. Carosan Trading Ltd. and Boris Kaufman, described as "a prominent Ukrainian businessman", at the British Virgin Islands High Court.

Russia's National Bank Trust is seeking records from three New York banks as part of its attempt to recover the proceeds of "a multi-billion dollar banking fraud perpetrated by two brothers, Dmitri and Alexei Ananyev", who are allegedly linked with entities in several jurisdictions, including Belize, British Virgin Islands, Cayman Islands, Curaçao, Cyprus, Marshall Islands, and Seychelles.

Complaint alleging the loss of "$346,000 worth of cryptocurrency in a digital hacking theft" in Walter Clark, of Empire, California v. CMEgro.top, described as a cryptocurrency exchange and "an unknown entity", and John Does at the U. S. District Court for the Eastern District of California.

Application by PJSC National Bank Trust, of Russia, to take discovery from JPMorgan Chase NA, Bank of New York Mellon, and Citibank NA for use in legal proceedings in Cyprus regarding "a multi-billion dollar banking fraud perpetrated by two brothers, Dmitri and Alexei Ananyev", filed at the U. S. District Court for the Southern District of New York.

Transcript of evidentiary hearing on a motion by Brandon Ng and Cookie Choi to dissolve an asset freeze injunction in Steven Paul Kowalski, a citizen of Australia residing in Dubai, United Arab Emirates v. Binance Holdings Ltd., of the Cayman Islands; BAM Trading Services Inc., d.b.a. Binance US, of Delaware; Binance Asia Services Pte Ltd., of Singapore; Payward Inc., d.b.a. Kraken; Payward Ventures Inc., of Delaware; Brandon Chun Yin Ng, described as a citizen of the United States residing in Texas; Hiu Lam Cookie Choi, described as a citizen of Hong Kong residing in Texas; Wai Kit Lo and Lee Kei Lau, described as citizens and residents of Hong Kong; Nurlan Neqmat Ogly Guliev and Oksana Aleksandrovna Dolgopolova, described as citizens and residents of Russia, at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.

Order dissolving freeze injunction against Brandon Ng and Cookie Choi in Steven Paul Kowalski, a citizen of Australia residing in Dubai, United Arab Emirates v. Binance Holdings Ltd., of the Cayman Islands; BAM Trading Services Inc., d.b.a. Binance US, of Delaware; Binance Asia Services Pte Ltd., of Singapore; Payward Inc., d.b.a. Kraken; Payward Ventures Inc., of Delaware; Brandon Chun Yin Ng, described as a citizen of the United States residing in Texas; Hiu Lam Cookie Choi, described as a citizen of Hong Kong residing in Texas; Wai Kit Lo and Lee Kei Lau, described as citizens and residents of Hong Kong; Nurlan Neqmat Ogly Guliev and Oksana Aleksandrovna Dolgopolova, described as citizens and residents of Russia, at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.

Complaint alleging fraud in Kensico Associates LP, of Delaware, and Kensico Offshore Master Ltd., of the Cayman Islands v. EQT Corporation, described as "a producer of natural gas headquartered in Pittsburgh, Pennsylvania; Robert J. McNally, David L. Porges, and David E. Schlosser, Jr. at the U. S. District Court for the Western District of Pennsylvania.

The bankruptcy trustees of London-based Russian suspected fraudster Anatoly Motylev are seeking records from seven banks in New York as they hunt for the "billions of Rubles" he is accused of misappropriating from failed Russian banks and pension funds he once controlled.

Complaint alleging fraud and misappropriation of "at least $4.7 million of customer funds" in Commodity Futures Trading Commission v. WorldWideMarkets Ltd., of the British Virgin Islands; TAB Networks Inc., of Delaware; Thomas Plaut, of New Jersey, and Arthur Dembro, of New York, at the U. S. District Court for the District of New Jersey.

Application by Kevin Hellard and Jonathan Thielmann, as Joint Trustees in the English bankruptcy proceedings of Anatoly Leonidovich Motylev, who "is responsible for the collapse of several Russian banks and pension funds that he controlled and has been held liable for these institutions’ debts as a result of the fraud he and his associates perpetrated", to take discovery from Bank of America NA, Citigroup Inc., JPMorgan Chase Bank N.A., HSBC Bank, Bank of New York Mellon Corporation, Standard Chartered Bank, Deutsche Bank Trust Company Americas, and Commerzbank AG, filed at the U. S. District Court for the Southern District of New York. The alleged fraud and money laundering scheme involves entities and accounts in several jurisdictions, including Austria, Belize, British Virgin Islands, Cayman Islands, Cyprus, England, Germany, Latvia, Liechtenstein, Luxembourg, Marshall Islands, Panama, Russia, Scotland, Seychelles, Switzerland, Turkey, United Arab Emirates, and USA, it was stated in the application.

Class Action Complaint alleging the defendants operate a cryptocurrency investment platform that is "a house of cards, built on false promises and factually impossible representations that were specifically designed to take advantage of the cryptocurrency craze to the direct detriment of any ordinary investor" in Mark Cassidy v. Voyager Digital Ltd., of British Columbia, Canada and Voyager Digital LLC, of Delaware, which collectively "operate a multi-billion-dollar mobile application cryptocurrency investment service", at the U. S. District Court for the Southern District of Florida.

Class Action Complaint alleging fraud involving shares of iQIYI, Inc., a Cayman Islands-domiciled, China-based "online entertainment company", in Su Yan v. Goldman Sachs Group Inc. and Morgan Stanley at the U. S. District Court for the Southern District of New York.

Class Action Complaint in Bruce Schmutter and Dean Samet v. Arrival SA, described as a Luxembourg-domiciled, England-based "manufacturer and distributor of commercial electric vehicles"; Denis Sverdlov, Tim Holbrow, Michael Ableson, and Avinash Rugoobur at the U. S. District Court for the Southern District of New York.

Class Action Complaint alleging market manipulation in Rock Capital Markets LLC and Synova Asset Management LLC v. NatWest Markets Securities Inc., of Delaware; NatWest Markets Plc, of Scotland, and NatWest Group Plc, of Scotland, at the U. S. District Court for the Northern District of Illinois.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Brazil by Capital Administradora Judicial Ltda. and Luis Claudio Montoro Mendes, as the Foreign Representatives of Frigorifico Margen Ltda and others which allegedly "used multiple shell companies incorporated throughout South America to transfer and hide assets and to defraud creditors", filed at the U. S. Bankruptcy Court for the Southern District of New York.

British Virgin Islands-based corporate services provider Vistra and accountant Indervir Basra, who works for the group in California, are being sued in the United States regarding audits of DC Solar, which collapsed after swindling investors out of an estimated $1 billion. The audits were allegedly conducted by a group that Vistra acquired just seven months before DC Solar's headquarters was raided by the FBI in December, 2018.

Judgment regarding an appeal that "arises out of the massive collapse of a Saudi Arabian partnership which is under bankruptcy proceedings in the Kingdom of Saudi Arabia" in Ahmad Hamad Algosaibi and Brothers Company v. Saad Investments Company Limited, Maan Al Sanea, and others at the Court of Appeal of the Cayman Islands.

Judgment regarding "an appeal against an order for security for costs" in Traded Life Policies Fund (in Official Liquidation) and Michael Penner, as Joint Official Liquidator of Traded Life Policies Fund v. Jeremy Leach, Managing Partners Limited, Taurus Administration Services SL, MPL Asset Management SA, Praesidium Investment Fund, Sovereign High Security Fund SPC, Corinthian Growth Fund, and Traded Policies Fund at the Court of Appeal of the Cayman Islands.

Administrative Order by the U. S. Securities and Exchange Commission imposing a fine of $30,000 on Nicholas Abbate, a resident of Staten Island, New York, for "his role in assisting others in a course of business that operated as a fraud or deceit upon clients and investors", including a mutual fund in the Cayman Islands that is not identified in the order but which OffshoreAlert believes is the Income Collecting 1-3 Months T-Bills Mutual Fund.

Voluntary Dismissal of a complaint alleging fraud in Green Sands Investment Club B LLC v. Crypto Lotus Fund A LP, described in the complaint as a Delaware-domiciled “cryptocurrency hedge fund” with an affiliate in the Cayman Islands, and Jonas Lauren Norr, described as a resident of California, at the Superior Court of the State of California, in and for the County of Alameda.

Judgment regarding Plaintiff's application for leave to amend his Statement of Claim regarding an alleged $267 million fraud in Abdulhameed Dhia Jafar, of Sharjah, in the United Arab Emirates v. ABRAAJ Holdings (in Official Liquidation), GHF General Partner Limited, as General Partner of GHF Fund LP, formerly Abraaj Growth Markets Health Fund LP, and GHF Fund (B) LP, formerly Abraaj Growth Markets Health Fund (B) LP; The GHF Group Limited, formerly The Abraaj Healthcare Group Limited, and Abraaj General Partner VIII Limited, as General Partner of Neoma Private Equity Fund IV LP, formerly Abraaj Private Equity Fund IV LP, all of the Cayman Islands, at the Grand Court of the Cayman Islands.

Complaint alleging breach of a final settlement agreement involving an alleged fraud by a cryptocurrency exchange in Jia Li, of China, and David Hsiao, of California v. GBM Foundation Company Ltd., d.b.a. BitMart, of the Cayman Islands, at the U. S. District Court for the District of New Jersey.