Misappropriation

Application by Deloraze Limited to take discovery from Kotaro Shimogori for use in legal proceedings in England against Pan Digital Network Limited alleging "misappropriated funds" totaling $290,000, filed at the U.S. District Court for the Eastern District of California.

Complaint for the extradition of Derya Dikici, a.k.a. Derya Terzioglu, from the USA to Turkey to face allegations of "aggravated embezzlement while working as a Portfolio Manager at DenizBank A.S. Gunesli Branch".

Complaint alleging "outrageous conduct and misappropriation of SAF’s confidential information and trade secrets through its unauthorized access and use of SAF’s +Subscribe platform, a proprietary enterprise software platform for the alternative investment industry" in Strategic Alternative Funds Group LLC v. Asset Class Ltd., described as a United Kingdom company based in Ireland, and Asset Class Software Inc. at the U.S. District Court for the Southern District of New York.

Complaint "to protect and recover its trade secrets and its confidential and proprietary information which Defendant misappropriated" in Kroll LLC v. Anna Povinelli at the U.S. District Court for the Southern District of New York.

Petition for Court Supervision of a Voluntary Liquidation in the matter of Tasameem Strategic Fund SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Citing criminal and regulatory investigations in the United States for suspected fraud and other "significant concerns”, an investment vehicle owned by scions of the founder of Coors beer has asked a Cayman Islands court to remove South African Hendrik Jordaan as voluntary liquidator of a private investment fund he operated - One Thousand & One Voices Africa Fund.

Petition in Africa Investments LLC v. One Thousand & One Voices Africa Fund I Investors, Ltd., as General Partner for and on behalf of One Thousand & One Voices Africa Fund I Investors, L.P., as General Partner for and on behalf of One Thousand & One Voices Africa Fund I, L.P. (in Voluntary Liquidation), at the Grand Court of the Cayman Islands.

Fixed Date Claim Form in Pavel Eduardovich Melnikov v. Sea Nature Ltd. at the British Virgin Islands High Court.

Application by Golden Meditech Holdings Limited, of the Cayman Islands, 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., Wells Fargo Bank, N.A., Deutsche Bank Trust Co. Americas, UBS AG, Bank of America, N.A., Bank of China, New York Branch, Standard Chartered Bank US, Commerzbank AG, New York Branch, and The Clearing House Payments Company L.L.C. for use in legal proceedings "brought in Hong Kong against eight foreign defendants, namely: (i) Mr. Yuan Ya Fei (also known as Li Zhen Yuan Adams), (ii) Ms. Yang Huai Zhen, (iii) Mr. Xu Ping, (iv) Mr. Chen Xiao Yang, (v) Nanjing Ying Peng Huikang Medical Industry Investment Partnership, (vi) Nanjing Li Xin Trading Industrial Co Ltd, (vii) Blue Ocean Creation Investment Hong Kong Limited, and (viii) Blue Ocean Structure Investment Company Limited", filed at the U.S. District Court for the Southern District of New York.

Application for the appointment of a Commissioner to collect evidence from Community Federal Savings Bank - pursuant to a request for judicial assistance from Switzerland - for a criminal investigation into Martina Zaletel "for criminal misappropriation of funds and criminal mismanagement" while she worked "as a receptionist at a hotel in Zermatt, Switzerland".

Application by Moussy Salem to take discovery from UBS AG for use in legal proceedings in England in which Salem, "on behalf of Monline International Limited ... asserts claims against one of Monline International’s directors, Freddy Salem, and Monline UK Limited and Monline UK’s sole directors and shareholders, Salim Levy and Ezra Aghai", filed at the U.S. District Court for the District of Connecticut.

Writ of Summons and Statement of Claim in POA Networks Ltd., of the Cayman Islands v. Binance Holdings Limited, described as a Cayman Islands firm that "has owned and operated a centralized virtual asset exchange", and Nest Services Limited, of the Seychelles, at the Grand Court of the Cayman Islands.

Judgment in The Family (Global Godfathers) SPC, on its own behalf and on behalf of The Family (Freya) SP, The Family (Odin) SP, and The Family (Vidhar) SP v. Oussama Ammar, of Paris, France; Fabuleo Limited, of Hong Kong, and Aletheis, The First Limited, of Hong Kong, at the Grand Court of the Cayman Islands.

Application by Adele Zarzur to take discovery from Bank of America N/A, Banco do Brasil Americas, Banco do Brasil S.A., Banco do Brasil Securities LLC, Safra National Bank, Citigroup Inc., Wells Fargo Bank N/A, JP Morgan Private Bank, UBS Financial Services Inc., and American Express Bank International for use in legal proceedings in Brazil regarding allegations that the "administrators of her father’s estate, including the WZ Group, have concealed and siphoned over $40 million worth of assets out of the estate", filed at the U.S. District Court for the Southern District of Florida.

Complaint seeking "emergency and permanent equitable relief against its former general partner and investment manager, as well as their respective owners, who have collectively misappropriated Fund property and continue to wrongfully retain and withhold property of the Fund, including critical and time-sensitive information, books and records necessary to manage the investments of the Fund, all in violation of their contractual, fiduciary and legal duties as general partner and investment manager" in Invictus Special Situations Master I LP, of the Cayman Islands v. Invictus Global Management LLC, Invictus Special Situations I GP LLC, Cindy Chen Delano, and Amit Patel at the Court of Chancery of the State of Delaware.

Complaint alleging the defendants, "doing business under multiple brand names including Trade2Get, Coinbull, Cryptonxt, Tradenix, Cryptobravos, Nittrex, Wobit, and Pinance", perpetrated a crypto-based investment fraud in Commodity Futures Trading Commission v. Or Patreanu, of Israel; Snir Hananya, of Italy; Artem Prokopenko, of Ukraine; Elijah Samson, of Germany, and Expected Value Plus Ltd., of Seychelles, at the U.S. District Court for the District of New Jersey.

Complaint in Maxwell Roux, John Duff III, Henry Smith, of New Zealand, and Bruno Nispel v. Krishna Okhandiar, a.k.a. Rohit Okhandiar, Charlotte Fang, Charlie Fang, Wonyoung Jang, Miya, Xinma33, MissJo, and Sonya; Remilia Corporation LLC, and Remilia Industries LLC at the Court of Chancery of the State of Delaware.

Florida-based U.S.-Russian investment manager Peter Kambolin has been criminally charged with conspiracy to commit commodities fraud at federal court in Miami involving entities in or from Belarus, Cayman Islands, Dominica, Nevis, Russia, Turkey, and USA.

Criminal Information alleging conspiracy to commit commodities fraud involving entities in or from Belarus, Cayman Islands, Dominica, Nevis, Russia, Turkey, and USA in USA v. Peter Kambolin, described as "a U.S.-Russian national" residing in Sunny Isles Beach, Florida, USA, at the U.S. District Court for the Southern District of Florida.

Forfeiture Complaint regarding "assets involved in and traceable to an international conspiracy to, among other things, launder money misappropriated from 1Malaysia Development Berhad (“1MDB”), a strategic investment and development company wholly-owned by the government of Malaysia", in USA v. Pablo Picasso's 'Trois femmes nues et buste d'homme' drawing and All Funds and Assets on deposit in an account in the name of Glen Vine Partners Limited, of the British Virgin Islands, at ONE Swiss Bank S.A., in Switzerland, at the U.S. District Court for the Central District of California.

Sixth Superseding Indictment alleging fraud and money laundering in USA v. Samuel Bankman-Fried at the U.S. District Court for the Southern District of New York.

Complaint "to recoup the substantial funds - at least hundreds of millions of dollars - that insiders brazenly stole from Global Cord Blood" in MW Gestion and MW Optimum, derivatively and on behalf of nominal defendant Global Cord Blood Corporation, of the Cayman Islands v. Golden Meditech Holdings Limited, of the Cayman Islands; Ting (Tina) Zheng, Albert Chen, Yuen Kam, Mark Da-Jian Chen, Jennifer J. Weng, Ken Lu, Jack Chow, Jacky Cheng, all of Hong Kong; Celenkos Inc., of Delaware; Golden Meditech Stem Cells (BVI) Company Limited, GM Precision Medicine (BVI) Limited, of the British Virgin Islands; Golden Meditech (BVI) Company Limited, all of the British Virgin Islands; Easton Capital Corp., and Redwood Valuation Partners, both of New York, USA, at the Supreme Court of the State of New York, County of New York.

Summons with Notice "to halt the illegal theft of value by Mainstream Renewable Power Mezzanine Finance DAC (the “Borrower”), and Mainstream Renewables Holding AS (the “Sponsor”), by concocting an illegal and fraudulent scheme to cheat their lenders" in IDF IV USD No. 1 Sàrl, of Luxembourg; IDF IV USD Hedged No. 1 Sàrl, of Luxembourg; IDF IV JPY No. 1 Sàrl, of Luxembourg; IDF IV EUR No. 1 Sàrl, of Luxembourg; Infrastructure Debt Fund IV (ELP) L.P., of England, and Infrastructure Debt Fund IV (Tranche III) L.P., of the Cayman Islands v. DENEF Investments S.L.U., of Spain; Condor Inversiones SpA, of Chile; Huemul Inversiones SpA, of Chile, and Copihue Inversiones SpA, of Chile, at the Supreme Court of the State of New York, County of New York.

Complaint alleging crypto-based securities fraud in U.S. Securities and Exchange Commission v. Alexander Elbanna, Digital World Exchange LLC, BoostedPro LLC, and D.W. Exchange LLC, as Defendants, and Angela Elbanna, as Relief Defendant, at the U.S. District Court for the Middle District of Florida.

Complaint "to avoid and recover unlawful transfers of hundreds of millions of dollars that Defendants misappropriated" in FTX Trading Ltd., of Antigua and Barbuda; Alameda Research LLC, Alameda Research Ltd., of the British Virgin Islands; North Dimension Inc., Cottonwood Grove Ltd., and West Realm Shires Inc. v. Samuel Bankman-Fried, Zixiao 'Gary' Wang, Nishad Singh, and Caroline Ellison at the U.S. Bankruptcy Court for the District of Delaware.

First Amended Complaint alleging “misappropriation of trade secrets” in CipherBlade LLC, of Pennsylvania, USA, described as “a blockchain investigation company that investigates cryptocurrency-related matters” v. CipherBlade LLC, of Alaska, USA; CipherBlade APAC Pte Ltd., of Singapore; Omega3Zone Global Ltd., of Cyprus; Manuel Kriz, a.k.a. Matthew Greene, of Cyprus; Michael Krause, of Cyprus; Jorn Henrik Bernhard Janssen, of Cyprus; Ioana Vidrasan, of Cyprus; Jussi Aittola, of Singapore; Justin Maile, of Alaska, USA; Paul Marnitz, of Cyprus; Sergio Garcia, of Belgium; Inquisita Solutions Ltd., of Cyprus, and Green Stone Business Advisory FZ LLC, of Dubai, United Arab Emirates, at the U.S. District Court for the Southern District of New York.

Second Amended Complaint alleging "brazen acts of corporate theft" in Bayport Financial Services (USA) Inc. and Bayport Colombia S.A. v. BayBoston Managers LLC, CFG Partners LP, of the Cayman Islands; CFG Colombia S.A.S., d.b.a. Dando; of Colombia; Caribbean Financial Group, Valopi LLC, Pablo Montesano, and Lucia Lopina at the U.S. District Court for the Southern District of Florida.

Motion for Temporary Restraining Order in Sergey Gaponyuk v. Evgeny Alferov, described as a citizen of Ukraine; Sergey Gaponyuk, described as a citizen of Ukraine; Sergei Kolosovskii, Mihail Vershinin, Alexander Chernov, David Brown, and Natalia Abramova at the U.S. District Court for the Eastern District of California.

Complaint in Sergey Gaponyuk v. Evgeny Alferov, described as a citizen of Ukraine; Sergey Gaponyuk, described as a citizen of Ukraine; Sergei Kolosovskii, Mihail Vershinin, Alexander Chernov, David Brown, and Natalia Abramova at the U.S. District Court for the Eastern District of California.

Complaint alleging "misappropriation of trade secrets" in CipherBlade LLC, of Pennsylvania, USA, described as "a blockchain investigation company that investigates cryptocurrency-related matters", and CipherBlade Ltd., of England v. CipherBlade LLC, of Alaska, USA; CipherBlade APAC Pte Ltd., of Singapore; Omega3Zone Global Ltd., of Cyprus; Manuel Kriz, of Cyprus; Michael Krause, of Cyprus; Jorn Henrik Bernhard Janssen, of Cyprus; Ioana Vidrasan, of Cyprus; Jussi Aittola, of Singapore; Justin Maile, of Alaska, USA; Paul Marnitz, of Cyprus; Sergio Garcia, of Belgium; Inquisita Solutions Ltd., of Cyprus, and Green Stone Business Advisory FZ LLC, of Dubai, United Arab Emirates, at the U.S. District Court for the Southern District of New York.

The Cayman Islands liquidators and Singapore judicial manager of three firms whose group - which also includes entities in Hong Kong, Malta, and Seychelles - allegedly perpetrated a $30 million fraud via its Atom Asset Exchange (AAX) crypto platform have applied for Chapter 15 bankruptcy recognition in the United States.

Chapter 15 Petition for Recognition of Foreign Main Proceedings in the Cayman Islands and Singapore by Angela Barkhouse, Kim Leck, and Luke Furler, all of Quantuma, as the Foreign Representatives of Atom Holdings (in Provisional Liquidation), AAX Asia Private Limited (Under Interim Judicial Management), and AAX Singapore Private Limited (Under Interim Judicial Management), described as being part of a group that "engaged in the cryptocurrency business, offering saving, spot, and futures trading", filed at the U.S. Bankruptcy Court for the Southern District of Florida.

Application by Path Network Inc. and Tempest Hosting LLC to take discovery from Discord Inc. "relating to Curtis Gervais, Rene Roosen, and Archetype#8484, one of their suspected aliases" for use in legal proceedings in Canada, filed at the U.S. District Court for the Northern District of California.

Application by Athene Holding Ltd. to take discovery from Ming Dang for use in legal proceedings in Bermuda "against Imran Siddiqui, Stephen Cernich and Caldera Holdings Ltd." for alleged breach of fiduciary duties, filed at the U.S. District Court for the Southern District of New York.

Complaint alleging the theft of $1.3 million derived from the sale of crypto tokens in Cerebellum Networks Inc., described as "a crypto token business" v. Kenzi Wang, described as a resident of Dubai and a former "advisor and independent contractor" to the plaintiff, and Does 1-10 at the U.S. District Court for the Northern District of California.

Application by B&C KB Holding GmbH to take discovery from Teachers' Retirement System of Louisiana "or use in a criminal investigation currently pending in Austria" that "centers on suspicion of aggravated fraud, manipulation of financial statements, and other criminal misconduct by former executives at European-based Schur Flexibles group of companies, which induced B&C to acquire a controlling interest in Schur at an artificially inflated price", filed at the U.S. District Court for the Middle District of Louisiana.

Application by B&C KB Holding GmbH, described as "an Austrian private foundation whose purpose is to promote Austrian entrepreneurship", to take discovery from the New York State Common Retirement Fund "for use in a criminal investigation currently pending in Austria" that "centers on suspicion of aggravated fraud, manipulation of financial statements, and other criminal misconduct by former executives at European-based Schur Flexibles group of companies, which induced B&C to acquire a controlling interest in Schur at an artificially inflated price", filed at the U.S. District Court for the Northern District of New York.

Application by B&C KB Holding GmbH to take discovery from Teacher Retirement System of Texas "for use in a criminal investigation currently pending in Austria" that "centers on suspicion of aggravated fraud, manipulation of financial statements, and other criminal misconduct by former executives at European-based Schur Flexibles group of companies, which induced B&C to acquire a controlling interest in Schur at an artificially inflated price", filed at the U.S. District Court for the Western District of Texas.

In this video, retired FBI Agent Gregory Coleman discusses how criminals have stolen hundreds of billions of dollars of COVID Relief funds and how the private and public sectors can work together to recover assets. The presentation will include a case study of one state’s aggressive approach to recovering funds stolen through unemployment insurance fraud.

Complaint alleging “a fraudulent scheme involving Landes and Compagnie Trust Privé KB, a purported Swedish financial services company” in U.S. Securities and Exchange Commission v. Charles T. Lawrence Jr., as Defendant, and Landes Prive LLC, Landes and Compagnie Trust Prive, HekYeah LLC, Justin D. Smith, and Brenda M. Bisner, as Relief Defendants, at the U.S. District Court for the Eastern District of Wisconsin.

Complaint alleging "a fraudulent scheme involving Landes and Compagnie Trust Privé KB, a purported Swedish financial services company" in U.S. Securities and Exchange Commission v. Charles T. Lawrence Jr., as Defendant, and Landes Prive LLC, Landes and Compagnie Trust Prive, HekYeah LLC, Justin D. Smith, and Brenda M. Bisner, as Relief Defendants, at the U.S. District Court for the Eastern District of Wisconsin.

Application for the appointment of a Commissioner to collect evidence from 1430 SW 12TH AVE LLC, Metropolitan Investment LLC, Maksymilian Markuszewski LLC, and RJ US SPV I LLC - pursuant to a request for judicial assistance from Poland - for a criminal investigation into Metropolitan Investment Spolka Akcyjna, a.k.a. MISA; Lukasz Wlodarczyk, and Robert Jas for suspected investment fraud.

First Amended Complaint alleging fraud in ParaFi Digital Opportunities LP, of Delaware; Framework Ventures LP, of Delaware, and 1kx LP, of the Cayman Islands v. Mikhail 'Michael' Egorov, described as resident of Switzerland who "renounced his U.S. permanent residence" and "founder of the “Curve” cryptocurrency trading platform", at the Superior Court of the State of California.

Second Amended Complaint alleging "improper commercial activities, including the illegal misappropriation of millions of dollars of Plaintiffs' bank-deposited funds in an elaborate money laundering scheme", in Oleg Zhukovskiy, described as "a U.S. permanent resident"; ZUKK Trading Limited, of Cyprus; Intertransgroup LLC, of Ukraine; Nikolay Kovzel, a citizen of Ukraine, and Vitaly Didylivsky, a citizen of Ukraine v. National Bank of Ukraine at the U.S. District Court for the Southern District of Florida.

Application for the appointment of a Commissioner to collect evidence from Uber - pursuant to a request for judicial assistance from Switzerland - for a criminal investigation into "Lino Sergi and Daniela Lucanto for fraud, misappropriation, and driving on a suspended license".

Ukraine's Platinum Bank, which collapsed in 2017 while under the alleged control of Gryhoriy Gurtovy and Boris Kaufman, has applied for Chapter 15 bankruptcy recognition in the United States as its administrator seeks to recover at least $265 million that was allegedly misappropriated by insiders.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Ukraine by Victor Novikov, as the Foreign Representative of PJSC Platinum Bank, described as "an insolvent Ukrainian bank", at the U.S. Bankruptcy Court for the Southern District of Florida.

SEC's Notice of Settlement & Motion for Judgment in U.S. Securities and Exchange Commission v. Beaxy Digital, Ltd., of Saint Kitts and Nevis; Artak Hamazaspyan, Windy Inc., Nicholas Murphy, Randolph Bay Abbott, Braverock Investments, LLC, Future Digital Markets, Inc., Windy Financial LLC, Future Financial LLC, and Brian Peterson at the U.S. District Court for the Northern District of Illinois.

Complaint in U.S. Securities and Exchange Commission v. Beaxy Digital, Ltd., of Saint Kitts and Nevis; Artak Hamazaspyan, Windy Inc., Nicholas Murphy, Randolph Bay Abbott, Braverock Investments, LLC, Future Digital Markets, Inc., Windy Financial LLC, Future Financial LLC, and Brian Peterson at the U.S. District Court for the Northern District of Illinois.

Complaint aleging fraud and misappropriation in Commodity Futures Trading Commission v. Dichao Xie, described as a citizen of China residing in England, at the U.S. District Court for the Northern District of Illinois.