Fraud

Lindzy Lemmons v. MaxLend et al: Class Action Complaint

Class Action Complaint alleging fraud involving the "collection of unlawful debts" in Lindzy Lemmons, who allegedly received a loan "via the Internet in the amount of $900 at a disclosed annual percentage rate of 637.29%" v. Makes Cents Inc., d.b.a. MaxLend; Uetsa Tsakits, Inc., David Johnson, Kirk Michael Chewning, Cane Bay Partners VI LLLP, Dimension Credit (Cayman) LP, of the Cayman Islands; Strategic Link Consulting LP, Esoteric Ventures LLC, InfoTel International Ltd., of Belize; M. Mark High Ltd., of Belize; Kim Anderson, and Jay Clark at the U.S. District Court for the Southern District of Indiana.

SEC v. Ishan Wahi et al: Complaint (‘Crypto Insider Trading’)

Complaint alleging "insider trading in certain crypto asset securities that Coinbase Global, Inc. announced would be “listed,” or made available to trade, on its crypto asset trading platform" in U.S. Securities and Exchange Commission v. Ishan Wahi, described as a citizen of India residing in Seattle, Washington; Nikhil Wahi, described as a citizen of India residing in Seattle, Washingtnon, and Sameer Ramani, described as a former resident of Houston, Texas currently residing in India, at the U.S. District Court for the Western District of Washington.

Shoreline Venture Partners III LP et al v. DBM Cloud Systems Inc. et al: Complaint

Complaint in Shoreline Venture Partners III LP, SVP III LP Co-Investment Fund LP, Albany Trading Corporation, of the Bahamas; Synapse Venture Capital Inc., of the British Virgin Islands; Sugarille Investment Fund Ltd., of the Bahamas; William Jude McGrath, Graham Seaton, and Gerard Byrne v. DBM Cloud Systems Inc., Nasuni Corporation, and Dixon Doll, Jr. at the Superior Court of the State of California, County of San Mateo.

Peter Nygard v. Andrew Law et al: Complaint

Complaint alleging fraud involving ownership of a motor vessel known as "Yacht Mirage" that provides "a small glimpse into the Kafkaesque world of trust management" in Peter Nygard, a Canadian-Finnish fashion executive v. Andrew Law, described as "a financial advice and asset-protection firm based in the Bahamas"; IPG Family Office Ltd., of the Bahamas; YS Ltd., and Derecktor Florida, Inc., as "bailee (in possession) of the Yacht Mirage", at the Circuit Court of the 17th Judicial Circuit, in and for Broward County, Florida.

Benjamin Bin Chow v. Canyon Bridge Capital Partners LLC et al: Notice of Removal

Notice of Removal, including a copy of the complaint, in Benjamin Bin Chow v. Canyon Bridge Capital Partners LLC, of the Cayman Islands; Canypn Bridge Capital Management LLC, of Delaware; Canyon Bridge Fund I LP, of the Cayman Islands; Hong John Kao, Heber Raymond Bingham, and Peter Chin Kuo at the U.S. District Court for the District of Delaware.

Mo Pow 3 LLC et al v. Crypto Infiniti LLC: Complaint (‘Crypto Mining Hosting Dispute’)

Complaint alleging fraud and "a breach of contract case where the Defendant used the false promise of purchasing large amounts of digital currency hosting services related to currency mining to induce the Plaintiffs to incur substantial financial expense and risk" in Mo Pow 3 LLC and Mo Pow 4 LLC, described as being "part of a consortium of companies providing hosting services for companies that mine for digital currency" v. Crypto Infiniti LLC at the U.S. District Court for the District of Wyoming.

USA v. 0.51071532 Bitcoin: Forfeiture Complaint (‘Crypto Fraud’)

Forfeiture Complaint alleging "an 87-year-old man living in Tyler, Texas, fell prey to a cleverly designed international fraud scheme when he initiated transfer of 0.51071532 Bitcoin (then-worth approximately $15,000 USD) via a Bitcoin ATM to Vineet Singh Banga", an individual located in India" in USA v. 0.51071532 Bitcoin seized from Paxful at the U.S. District Court for the Eastern District of Texas.

Banoka Sàrl et al v. Alvarez & Marsal Inc. et al: Discovery Application (England Proceedings)

Application by Banoka Sàrl, of Luxembourg; Renato Picciotto, Jacques Champy, and Jean Bissonnet to take discovery from Alvarez & Marsal Inc., Alvarez & Marsal Transaction Advisory Group, LLC, Alvarez & Marsal Holdings, LLC, Elliott Management Corporation, Elliott Investment Management L.P., Elliott Associates, L.P., and Elliott International L.P. for use in "a contemplated foreign proceeding against non-party Westmont International Development, Inc. to be commenced in the English High Court of Justice" alleging "a multi-million dollar fraud that Westmont perpetrated against Petitioners in connection with Westmont's failed acquisition of Petitioners' shares in Clichy Victor Hugo, a French limited liability company that operated a Holiday Inn branded hotel in Paris, France", filed at the U.S. District Court for the Southern District of New York.

Robert Piña v. Coinbase Inc.: Complaint (‘$100K Crypto Fraud’)

Petition alleging "unauthorized debits" totaling $100,000 in Robert Piña v. Coinbase Inc., described as "an online platform that offers consumers all over the world the ability to purchase, invest in, send, and receive Bitcoin, Ethereum, Shiba, and other cryptocurrencies" at the District Court for Harris County, Texas.

B&C KB Holding GmbH v. Lindsay Goldberg et al: Discovery Application (‘Austria & Germany Criminal Investigations’)

Application by B&C KB Holding GmbH to take discovery from Goldberg Lindsay & Co. LLC, d.b.a. Lindsay Goldberg, described as "a private equity firm" based in New York, and Michael Dees, described as Managing Partner of Lindsay Goldberg, for use in "criminal investigations in Austria and Germany" that "stem from powerful indications of a large-scale scheme to defraud involving manipulation of financial statements, misappropriation of monies, and other evidence of misconduct at the European-based Schur Flexibles group of companies", filed at the U.S. District Court for the Southern District of New York.

Taylor Goines v. Celsius Network LLC et al: Class Action Complaint (‘Crypto Fraud’)

Class Action Complaint alleging fraud against "a financial services company that generates revenue through cryptocurrency trading, lending, and borrowing, the sale of its unregistered securities, as well as engaging in proprietary trading" in Taylor Goines v. Celsius Network LLC, Celsius Lending LLC, Celsius KeyFi LLC, Alexander Mashinsky, Shlomi Daniel Leon, David Barse, and Alan Jeffrey Carr at the U.S. District Court for the District of New Jersey.

Kevin Ledgerwood et al v. AMS Trustees Ltd. et al: Judgment (‘Fake Plaintiffs’)

Judgment dismissing a claim over the ownership of shares after evidence emerged indicating that the plaintiffs might not exist and the case had been fabricated by someone whose name might be "Sheldon R. Caughey" who testified virtually wearing "a fake black full-beard" in Kevin Ledgerwood, Cary W. Buller, and John Schultz v. AMS Trustees Ltd., Sandra Berry, and Baja Sun Foundation Ltd. at the British Virgin Islands High Court.

Planet Bingo LLC v. AdvanTech Co. Ltd. et al: Complaint

Complaint alleging fraud in Planet Bingo LLC v. AdvanTech Co. Ltd., of Taiwan; AdvanTech Automation Corp., of the British Virgin Islands; AdvanTech Corporation, AdvanTech IT Solutions Inc., AdvanTech Group LLCat the Superior Court for the State of California, County of Riverside.

Marianne Freudiger v. Molecular Partners AG et al: Class Action Complaint

Class Action Complaint alleging fraud in Marianne S. Freudiger v. Molecular Partners AG, of Switzerland; Patrick Amstutz, Andreas Emmenegger, William M. Burns, Agnete Fredriksen, Steven H. Holtzman, Sandip Kapadia, Vito J. Palombella, Michael Vasconcelles, and Domink Höchli at the U.S. District Court for the Southern District of New York.

Juan Chen v. Missfresh Ltd. et al: Class Action Complaint

Class Action Complaint in Juan Chen v. Missfresh Limited, described as a Cayman Islands company based in China; Zheng Xu, of China; Jun Wang, of China; Yuan Sun, of China; Zhaohui Li, of China; Colleen A. DeVries, JPMorgan Securities LLC, Citigroup Global Markets Inc., China International Capital Corporation Hong Kong Securities Limited, China Renaissance Securities (Hong Kong) Limited, Haitong International Securities Company Limited, CMB International Capital Limited, AMTD Global Markets Limited, ICBC International Securities Limited, Needham & Company LLC, China Merchants Securities (HK) Co. Limited, ABCI Securities Company Limited, GF Securities (Hong Kong) Brokerage Limited, Futu Inc., Tiger Brokers (NZ) Limited, and Cogency Global Inc. at the U.S. District Court for the Eastern District of New York.

USA v. Michael Shumak: Criminal Information

Criminal Information alleging fraud involving Paragon International Wealth Management Inc., described as a Canadian company that "held itself out as an investment firm that sold colored diamonds", in USA v. Michael Shumak at the U.S. District Court for the Northern District of Ohio.

USA v. Antonio Palazzolo: Criminal Information

Criminal Information alleging fraud involving Paragon International Wealth Management, Inc., described as a Canadian company that "held itself out as an investment firm that sold colored diamonds", at the U.S. District Court for the Northern District of Ohio.

Mohamad Mahmoud et al v. Coinbase Inc. et al: Complaint

Complaint alleging fraud involving "a defective cryptocurrency" known as GYEN that was purportedly pegged to the Japanese Yen in Mohamad Mahmoud and Muath Mahmoud v. Coinbase Inc., GMO-Z.com Payment Gateway USA Inc., and GMO-Z.com USA Inc. at the Superior Court of the State of California, County of San Francisco.

KeyFi Inc. v. Celsius Network Ltd. et al: Complaint (‘Crypto Fraud’)

Complaint alleging "a Ponzi Scheme" involving cryptocurrency in KeyFi Inc., of Delaware v. Celsius Network Limited, of England, and Celsius KeyFi LLC, of Delaware, which collectively "operate a "crypto-lending platform" that receives crypto-asset deposits from consumers seeking to earn interest on their crypto holdings", at the Supreme Court of the State of New York, County of New York.

SEC v. Doron Tavlin et al: Complaint

Complaint alleging insider trading involving Mazor Robotics Ltd., of Israel, and Medtronic Plc, of Ireland, in U.S. Securities and Exchange Commission v. Doron A. Tavlin, Afshin Farahan, and David J. Gantman at the U.S. District Court for the District of Minnesota.

Kassem Dakhlallah et al v. Refinable et al: Complaint (‘FINE Token Crypto Fraud’)

Complaint alleging fraud involving the 'FINE Token' cryptocurrency in Kassem M. Dakhlallah, Tarik Turfe, and Abedellatif Aoun v. Nicholas Chan, described as a resident of Hong Kong; Maxim Geerinck, described as a resident of Belgium; Jonas Snellinckx, described as a resident of Belgium; Nicholas Au, described as a resident of Hong Kong; Albert Chan, described as a resident of Hong Kong; Benjamin Tse, described as a resident of Pasadena, California; Michael Gu, described as a resident of Hong Kong; Elvin Cheung, described as a resident of Hong Kong, and Refinable, described as being domiciled in Hong Kong, at the U.S. District Court for the Eastern District of Michigan.

Avraham Eisenberg v. Numeris Ltd. et al: Complaint (‘$12.7M Crypto Fraud’)

Complaint for $12.7 million alleging the defendants "ran a global Ponzi scheme to fund a pump-and-dump scheme" involving blockchain technology in Avraham Eisenberg, described as "a Puerto Rican trader" v. Numeris Ltd., which appears to be domiciled in the Seychelles; Sasha Ivanov, described as "founder of the Waves blockchain protocol", and Does 1-10 at the U.S. District Court for the District of Puerto Rico.

Kuwait Ports Authority et al v. Crowell & Moring LLP: Discovery Application (Cayman Islands ‘Port Fund’ Litigation)

Application by Kuwait Ports Authority and The Public Institution for Social Security, both of Kuwait, to take discovery from Crowell & Moring LLP, a law firm, for use in legal proceedings in the Cayman Islands involving "direct and derivative claims for multiple frauds committed by the general partner of a Cayman limited partnership, The Port Fund, L.P., and persons and entities acting in concert with the general partner", filed at the U.S. District Court for the District of Columbia.

USA v. Binance Holdings Ltd.: $351K Crypto Seizure Application

Application for a Warrant to Seize cryptocurrency up to $351,000 that is believed to be the proceeds of fraud in USA v. Binance Holdings Limited, described as a cryptocurrency exchange with an address in Malta, at the U.S. District Court for the District of South Carolina.

Brendan Sullivan v. Bill Hwang et al: Complaint

Complaint alleging fraud arising "from the collapse of Archegos, an investment firm" in Brendan Sullivan, "a former Managing Director at Archegos" v. Sung Kook Bill Hwang, Archegos Capital Management LP, Archegos Capital Management LLC, The Grace and Mercy Foundation Inc., Archegos Fund LP, EWM LLC, d.b.a. EWM Global; Andy Mills, Diana Pae, Brian Jones, Scott Becker and Patrick Halligan at the U.S. District Court for the Southern District of New York.

Mark Young v. Solana Labs Inc. et al: Class Action Complaint

Class Action Complaint alleging securities fraud involving cryptocurrency in Mark Young v. Solana Labs Inc., The Solana Foundation, Anatoly Yakovenko, Multicoin Capital Management LLC, Kyle Samani, and FalconX LLC at the U.S. District Court for the Northern District of California.

SEC v. Justin Kimbrough et al: Complaint (‘$3M Fraud’)

Complaint alleging the defendants "raised at least $3 million from at least 31 investors through a series of fraudulent, unregistered securities offerings" in U.S. Securities and Exchange Commission v. Justin R. Kimbrough, of Plano, Texas; Terry Nikopoulos, a citizen of Canada residing in Aurora, Ontario; TKJ Investments Corp., of Canada; TKJ Holdings Corp., of Canada; Preeminent Trade Group Inc., of Canada; The Elyte Group Corp., of Canada, and Prosperity Consultants, LLC. of Texas, at the U.S. District Court for the Eastern District of Texas.

Guang Huang v. Jingjing Zhou et al: Complaint (‘Crypto Fund Fraud’)

Complaint alleging fraud in Guang Huang, a resident of Hong Kong, individually, and derivatively on behalf of BBShares Capital Management Limited, a Cayman Islands-domiciled "crypto asset management firm" v. Jingjing Zhou and Hongtao Jason Qiao at the Supreme Court of the State of New York, County of Westchester.

SEC v. EmpiresX et al: Complaint (‘$40M Fraud’)

Complaint alleging "an illegal offering fraud scheme" in U.S. District Court for the Southern District of Florida v. Empires Consulting Corp., d.b.a. EmpiresX; Emerson Sousa Pires, described as a citizen and resident of Brazil; Flavio Mendes Gonçalves, described as a citizen and resident of Brazil, and Joshua David Nicholas, described as a resident of Stuart, Florida, at the U.S. District Court for the Southern District of Florida.

CFTC v. Mirror Trading International Pty. Ltd. et al: Complaint (‘$1.7B Bitcoin Fraud’)

Complaint alleging "an international fraudulent multi-level marketing scheme" that received "at least 29,421 Bitcoin - with a value of over $1,733,838,372" in Commodity Futures Trading Commission v. Mirror Trading International Proprietary Limited and Cornelius, of South Africa, Johannes Steynberg, described as a citizen of South Africa who "was recently detained in the Federative Republic of Brazil on an INTERPOL arrest warrant", at the U.S. District Court for the Western District of Texas.

SEC v. Shlomo Nir et al: Complaint

Complaint alleging investment fraud in U.S. Securities and Exchange Commission v. Shlomo Nir and Tzachi Rahamim, both citizens and residents of Israel, at the U.S. District Court for the Central District of California.

Chryskylodon LLC v. Markus Schneider et al: Complaint (‘Crypto Fraud’)

Complaint alleging a cryptocurrency mining-based investment fraud in Chryskylodon LLC, of Wyoming v. Markus Schneider, Arastra AG, described as a Swiss company based in New York; Petawatt Holdings Inc., described as a Wyoming company based in New York, and Swiss Picturebank (Group) AG, described as a Swiss company based in New York, at the Supreme Court of the State of New York, County of New York.

Blue Skye Financial Partners Sàrl v. RedBird Capital Partners et al: Discovery Application (‘Fraudulent €1.2B Sale of AC Milan’)

Application by Blue Skye Financial Partners Sàrl, of Luxembourg, described as "an indirect minority shareholder" of "Italian professional soccer club" AC Milan, to take discovery from RedBird Capital Partners and Elliott Management Corporation for use in legal proceedings in Luxembourg to, inter alia, "annul the improper sale of the club" due to "fraud", filed at the U.S. District Court for the Southern District of New York.

SEC v. Bradley Moynes et al: Complaint

Complaint alleging fraud in U.S. Securities and Exchange Commission in Bradley J. Moynes, described as a citizen and resident of Canada, and Digatrade Financial Corp., of Vancouver, Canada, as Defendants, and Vancap Ventures Inc., of Canada, as Relief Defendant, at the U.S. District Court for the District of Massachusetts.

Geluk Capital Management Ltd. et al: $93K Penalties

Administrative Order by the U.S. Securities and Exchange Commission imposing penalties totaling $92,688 on Geluk Capital Management Ltd., of the Bahamas, and Douglas Gerald Fathers, of New Jersey, for alleged "misrepresentations".

USA v. Daniel Elie Bouaziz: Criminal Indictment

Criminal Indictment alleging fraud and money laundering involving "fraudulent artwork" in USA v. Daniel Elie Bouaziz, a citizen of France and an "art dealer", at the U.S. District Court for the Southern District of Florida.

Portugal: Target et al

Application for the appointment of a Commissioner to collect evidence from Target, CVS Pharmacy, Sunoco, Dunkin Donuts, Gap Outlet, Whole Foods, Kids Footlocker, Rite Aid Store, Sephora Chestnut, and Di Bruno Brothers - pursuant to a request for judicial assistance from Portugal - for a criminal investigation into "unknown subjects for aggravated theft, crimes against property, and computer and communications fraud".

Daniel Veniez et al v. Graeme de Renzy et al: Consent Order ($16M)

Consent Order for $15.9 million involving the first five defendants in Daniel Veniez and Veniez Holdings Ltd., both of Canada v. Graeme de Renzy, described as a citizen of Ireland with an address in London, England; U.K. Capital Reserve Limited, of England; de Renzy Limited, of Ireland; Shopderenzy Limited, of Ireland; and Derenzy LLC, of Texas, USA; Euro-IB Limited, of England, and Alexander von Ungern-Sternberg, described as an "investment banker", at the Supreme Court of British Columbia, Canada.

Pacific Diversified Investments LLC et al v. The Ramson Group LLC et al: Complaint (‘$12M Ramson Mumba Fraud’)

Complaint alleging fraud by Ramson Mumba, described as "a failed prosperity-gospel preacher turned real-estate promoter" who is a citizen of the United Kingdom residing in Houston, Texas, and "his colleagues, Donnet Swaby and Jerome Pemberton" in Pacific Diversified Investments LLC, Texas Sugar North LLC, Texas Dove Cove LLC, Cedar Ridge LLC, and Texas Brick Maze LLC v. The Ramson Group LLC and The Ramson Group Ltd., of the United Kingdom, at the Superior Court of the State of California, County of San Mateo.

Nick Patterson v. Terraform Labs Pte. Ltd. et al: Class Action Complaint (‘Crypto Fraud’)

Class Action Complaint alleging cryptocurrency fraud in Nick Patterson v. TerraForm Labs Pte. Ltd., of Singapore; Jump Crypto, Jump Trading LLC, Republic Capital, Republic Maximal LLC, Tribe Capital, DeFinance Capital/Definance Technologies Oy, GSR Markets Limited, of Hong Kong; Three Arrows Capital Ptd Ltd., of Singapore; Nicholas Platias and Do Kwon, of South Korea, at the U.S. District Court for the Northern District of California.

Kian Sadaat Yazdi v. The Clearing House Payments Company LLC et al: Discovery Application (UAE Proceedings)

Application by Kian Sadaat Yazdi, a citizen of the United Kingdom residing in Dubai, described as "a shareholder and the Chief Executive Officer of Hassan’s Optician Co., one of the largest optical chains in Kuwait", to take discovery from The Clearing House Payments Company L.L.C., Bank of America, N.A., Barclays Bank PLC, Bank of Baroda, BNP Paribas, Citibank, N.A., Deutsche Bank AG, Deutsche Bank Trust Company Americas, Habib American Bank, HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., Mashreqbank PSC, Standard Chartered Bank, The Bank of New York Mellon, and Wells Fargo Bank, N.A. for legal proceedings in the United Arab Emirates involving suspected fraud and forgery, filed at the U.S. District Court for the Southern District of New York.