Switzerland

Public Warning by the Swiss Financial Market Supervisory Authority that Atlas Administration AG (in Liquidation) “is suspected of conducting unauthorised activities in the financial market”.

Class Action Complaint alleging "the United Arab Emirates and some of its top officials managed, directed, and bankrolled a years-long “dark” public relations campaign through the Swiss private investigative firm, Alp Services S.A., which was founded, owned, and run by Mario Brero and Muriel Cavin" in Dr. Farid Hafez, described as "currently the Class of 1955 Distinguished Visiting Professor of International Studies at Williams College" v. Dr. Lorenzo Vidino, described as "a director of or with the Defendant institutions at all relevant times"; The George Washington University, The Program on Extremism at The George Washington University, Alp Services S.A., of Switzerland; Diligence Sarl, of Switzerland; Mario Brero, described as a citizen and resident of Switzerland; Muriel Cavin, described as a citizen and resident of Switzerland; Lionel Badal, described as a citizen and resident of Luxembourg; Ariaf Studies and Research LLC, of Abu Dhabi, United Arab Emirates, and John Doe Numbers 1-25 at the U.S. District Court for the District of Columbia.

Dubai-based, Swiss businessman Patrick Dannacher has taken legal action in California in an attempt to discover who is behind an alleged attempt to extort funds from him.

Press Release by the Swiss Financial Market Supervisory Authority that Banque Audi (Suisse) SA has "breached its obligations in the prevention of money laundering" and FINMA has "ordered the disgorgement of profits totalling CHF 3.9 million and a capital surcharge of CHF 19 million".

Application by Patrick Dannacher, described as "a Swiss citizen residing in Dubai, the United Arab Emirates", to take discovery from Cloudflare Inc. for use in legal proceedings in the United Arab Emirates alleging extortion, filed at the U.S. District Court for the Northern District of California.

Criminal Indictment in USA v. Dan Rotta, described as a Romania-born citizen and resident of USA, and Sergio Cernea, described as a citizen and resident of Brazil, at the U.S. District Court for the Southern District of Florida.

Petition "to preclude any sale or transfer of assets, including any real estate assets in Florida, owned by Defendants 777 Partners LLC and Joshua Craig Wander pending the arbitration in London, United Kingdom" in Nakula Management Limited, of Cyprus, described as part of a group whose "founder and principal investor" was "Oleg Viktorovich Boyko, a Russian and Italian citizen residing in Switzerland" v. Joshua Wander and 777 Partners LLC, described as "guarantors owing more than EURO 9 million to Petitioner" at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida, USA.

Letter from Peter Baker, a partner with law firm Quinn Emanuel Urquhart & Sullivan UK LLP, of London, England, on behalf of its client, Jean-Claude Bastos de Morais, a Swiss-Angolan businessman, requesting the removal from OffshoreAlert's website of a disqualification notice against Bastos de Morais that was published by the Mauritius Financial Services Commission on August 26th, 2020, falsely claiming that OffshoreAlert had not published the subsequent cancellation of the disqualification, even though we actually published it on October 2nd, 2020 - a mere one day after it was first published by the MFSC, and cross-linking it to the disqualification notice, no less.

Application by West African Mineral Trading Ltd., of Nigeria, and Tiberius Group AG, described as "an asset management and non-ferrous metal trading company based in Zug, Switzerland", to take discovery from Citibank N.A., Deutsche Bank Trust Company Americas, HSBC Bank USA N.A., Bank of New York Mellon, UBS AG, JPMorgan Chase Bank, N.A., and Bank of America for use in legal proceedings in Croatia, Nigeria, and United Arab Emirates, filed at the U.S. District Court for the Southern District of New York.

Criminal Complaint alleging the defendant "concealed millions of dollars in assets and income from the IRS in Swiss bank accounts for several decades that he failed to report" involving, inter alia, individuals and entities in Brazil, British Virgin Islands, France, Hong Kong, Romania and Switzerland in USA v. Dan Rotta at the U.S. District Court for the Southern District of Florida.

Public Warning by the Swiss Financial Market Supervisory Authority that DexTech AG “is suspected of conducting unauthorised activities in the financial market”.

Public Warning by the Swiss Financial Market Supervisory Authority that Global Currency Travel and Tours GmbH “is suspected of conducting unauthorised activities in the financial market”.

Criminal Sentencing Order in USA v. Stephen Schechter, described as a retired investment banker who is a dual citizen of the United Kingdom and USA residing in Monaco, at the U.S. District Court for the District of Columbia.

USA's Sentencing Memorandum regarding "a retired multimillionaire investment banker" who "schemed to defraud the IRS by concealing over $5 million in income in offshore accounts, which he failed to report on his individual income tax returns and required Foreign Bank Account Reports" in USA v. Stephen Schechter, described as a dual citizen of the United States and United Kingdom residing in Monaco, at the U.S. District Court for the District of Columbia.

Public Warning by the Swiss Financial Market Supervisory Authority that Pixton AG “is suspected of conducting unauthorised activities in the financial market”.

Complaint alleging securities fraud in AvantGarde Group SpA and 1AF2, both of Italy v. Stock Loan Solutions LLC, Joe D. Thomas, Camo LLC, Harvey L. Carmichael, and Sanskirt LLC, as Defendants, and Harvey Carmichael Inc., Stock Loan Solutions, described as "a Cayman Islands entity", and Stock Loan Solutions, described as "a Swiss special purpose vehicle", as Relief Defendants, at the U.S. District Court for the District of Utah.

Public Warning by the Swiss Financial Market Supervisory Authority that ECUREX GmbH, which appears to have operated as a crypto exchange, “is suspected of conducting unauthorised activities in the financial market”.

Fixed Date Claim Form regarding Canton Property S.A., of Switzerland v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Public Warning by the Swiss Financial Market Supervisory Authority that Swiss Financial Insurance GmbH “is “suspected of conducting unauthorised activities in the financial market”.

Complaint for $55,034, "plus statutory additions and interest", regarding penalties for "Nonwillful FBAR Penalties" involving entities in the British Virgin Islands and Switzerland in USA v. Colin Campbell, described as a citizen of Canada residing in the USA, at the U.S. District Court for the District of Maine.

A Luxembourg property firm seeking to collect on a CHF 63 million arbitration award for unpaid rent on leased premises in Switzerland has applied to wind up a Cayman Islands entity that is part of the GEMS Education Group, which is one of the world's largest operators of private schools.

Winding Up Petition regarding an "Arbitration Award" of CHF63,161,980 arising from "a dispute regarding breaches of a series of lease agreements in relation to four adjacent parcels of land located in Etoy, Switzerland" in Meigerhorn II Etoy Sàrl, of Luxembourg v. GEMS Global Schools Limited, described as "part of the Global Education Management Systems (GEMS) group of companies which carries on business in jurisdictions around the world including Dubai, Switzerland, United Kingdom and United States", at the Grand Court of the Cayman Islands.

Complaint by "Customers of FTX.com located outside the United States of America, who held accounts on the FTX.com platform as of the Petition Date" seeking "a declaration that assets customers deposited, held, received, or acquired on the FTX.com platform are customer property and not property of the Debtors’ estates" in Sunil Kavuri, a citizen and resident of the United Kingdom; Ahmed Abd-El-Razek Noia Capital SÀRL, of Luxembourg, and Patrick Rabbitte v. FTX Trading Ltd., Alameda Research LLC, Alameda Research Ltd, Alameda Research Holdings Inc., Clifton Bay Investments LLC, West Realm Shires Services Inc., West Realm Shires Financial Services Inc., Ledger Holdings Inc., FTX Japan Holdings K.K., FTX Europe AG, FTX Property Holdings Ltd, LT Baskets Ltd., Alameda TR Ltd, Allston Way Ltd, Analisya Pte Ltd, Atlantis Technology Ltd., Bancroft Way Ltd, Blue Ridge Ltd, Cardinal Ventures Ltd, Cedar Bay Ltd, Liquid Securities Singapore Pte Ltd, Maclaurin Investments Ltd., Mangrove Cay Ltd, Paper Bird Inc, Pioneer Street Inc., Quoine India Pte Ltd, Quoine Vietnam Co. Ltd, SNG INVESTMENTS YATIRIM VE DANISMANLIK ANONIM SIRKETI, Strategy Ark Collective Ltd., Technology Services Bahamas Limited, Verdant Canyon Capital LLC, West Innovative Barista Ltd., Western Concord Enterprises Ltd., FTX Equity Record Holdings Ltd, FTX Exchange FZE, FTX Hong Kong Ltd, FTX Japan K.K., FTX Japan Services KK, Alameda Aus Pty Ltd, Alameda Research (Bahamas) Ltd, Alameda Research KK, Alameda Research Pte Ltd, Alameda Research Yankari Ltd, Alameda TR Systems S. de R. L., Blockfolio, Inc., Clifton Bay Investments Ltd, Cottonwood Grove Ltd, Crypto Bahamas LLC, Deep Creek Ltd, Digital Custody Inc., FTX Canada Inc, FTX Digital Holdings (Singapore) Pte Ltd, FTX Products (Singapore) Pte Ltd, FTX Services Solutions Ltd., FTX Structured Products AG, FTX Trading GmbH, FTX Zuma Ltd, Global Compass Dynamics Ltd., Goodman Investments Ltd., Hawaii Digital Assets Inc., Innovatia Ltd, Island Bay Ventures Inc, Killarney Lake Investments Ltd, Zubr Exchange Ltd, Alameda Global Services Ltd., Cottonwood Technologies Ltd, Deck Technologies Holdings LLC, Deck Technologies Inc., Euclid Way Ltd, FTX Digital Assets LLC, FTX EMEA Ltd., FTX US Trading, Inc., Hive Empire Trading Pty Ltd, Liquid Financial USA Inc., LiquidEX LLC, North Dimension Inc, North Wireless Dimension Inc., LedgerPrime Bitcoin Yield Enhancement Master Fund, LLC, LedgerPrime Digital Asset Opportunities Fund, LLC, LedgerPrime Digital Asset Opportunities Master Fund LP, LedgerPrime LLC, LedgerPrime Ventures, LP, North Dimension Ltd, Quoine Pte Ltd, Cedar Grove Technology Services, Ltd., DAAG Trading, DMCC, FTX Certificates GmbH, FTX Crypto Services Ltd., FTX EU Ltd., FTX Lend Inc., FTX Marketplace, Inc., FTX Switzerland GmbH, FTX TURKEY TEKNOLOJI VE TICARET ANONIM SIRKET, FTX US Services, Inc., FTX Ventures Ltd., GG Trading Terminal Ltd, Good Luck Games, LLC, Hannam Group Inc, Hilltop Technology Services LLC, West Realm Shires Inc., and LedgerPrime Bitcoin Yield Enhancement Fund, LLC at the U.S. Bankruptcy Court for the District of Delaware.

Public Warning by the Swiss Financial Market Supervisory Authority that Illiar SA “is “suspected of conducting unauthorised activities in the financial market”.

U.S.-Italian businessman Hazim Nada is suing the United Arab Emirates, UAE president and Abu Dhabi ruler Mohamed bin Zayed Al Nahyan, Swiss investigative firms Alp Services and Diligence, a Swiss journalist, and others for $2.8 billion, alleging they orchestrated "a years-long dark public public relations campaign" that destroyed his oil trading business.

Complaint alleging "the United Arab Emirates and some of its top officials managed, directed, and bankrolled a years-long “dark” public relations campaign through the Swiss private investigative firm, Alp Services S.A.” and “leveraged a network of coconspirators - private operatives, paid “journalists,” and a professor at George Washington University in Washington, D.C., among many others - to smear dozens of innocent victims” in Hazim Nada, described as a citizen of Italy and USA residing in Italy, and "the founder and sole owner of Lord Energy SA", and Lord Energy SA, of Switzerland, described as "a crude oil and commodity trading company" v. The United Arab Emirates, c/o Ambassador of the UAE, Yousef Al-Otaiba, in Washington, D.C., USA; Ariaf Studies and Research LLC, The Abu Dhabi National Oil Company, Mohamed bin Zayed Al Nahyan, Matar Humaid Al-Neyadi, all of Abu Dhabi, UAE; Alp Services SA, Diligence Sarl, Mario Brero, Muriel Cavin, Sylvain Besson, all of Switzerland; Lionel Badal, of Luxembourg; Lorenzo Vidino, of Washington, D.C., USA, and John Doe Nos. 1-25 at the U.S. District Court for the District of Columbia.

Public Warning by the Swiss Financial Market Supervisory Authority that Screems AG, now known as XYZAP AG, “is “suspected of conducting unauthorised activities in the financial market”.

Public Warning by the Swiss Financial Market Supervisory Authority that Neural Technologies AG "is "suspected of conducting unauthorised activities in the financial market".

Application by Eduardo Cohen Watkins to take discovery from Stephen Lamb, described as "a former employee of Lily Safra and ... currently employed by Mrs. Safra's estate", and Ellesse LLC for use in legal proceedings in Switzerland regarding the estate of Lily Safra, filed at the U.S. District Court for the Southern District of New York.

Application b y Eduardo Cohen Watkins, described as "the son of Lily Safra and ... a collector and dealer of antiques", to take discovery from Richard Rothberg and Stephen Gardner for use in "two lawsuits pending in Switzerland related to the estate of Lily Safra", described as "a philanthropist and art collector" who died in 2022, filed at the U.S. District Court for the Southern District of New York.

Criminal Indictment alleging securities fraud in USA v. Frederick L. Sharp, a resident of Canada; Luis Carrillo, a resident of Mexico; Mike K.G. Veldhuis, a resident of Canada; Paul Sexton, a resident of Canada, and Courtney M. Kelln, a resident of Canada, at the U.S. District Court for the District of Massachusetts.

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".

Complaint alleging the defendants "operate an international criminal enterprise which violates the laws and regulations of the United States of America in extorting and defrauding U.S. citizens and in defrauding U.S. business enterprises, as well as Omnia’s own international investors" in Iron Horse Acquisitions Corp. and Bengochea Capital LLC v. Omnia Global, a.k.a. Omnia Schweiz GmbH, of Switzerland; Daniel Hansen, of Switzerland; Mette Abel Hansen, and James Mair Findlay at the U.S. District Court for the Southern District of New York.

Second Superseding Indictment in USA v. Ho Wan Kwok, described as "an exiled Chinese businessman who fled to the United States in or about 2015 and purchased a penthouse apartment at a New York City hotel for approximately $67.5 million"; Kin Ming Je, described as "a dual citizen of Hong Kong and the United Kingdom who principally resided in the United Kingdom", and Yanping Wang, described as "a citizen of China who principally resided in New York, New York", at the U.S. District Court for the Southern District of New York.

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.

Judgment rejecting the defendant's application to discharge a freezing injunction in Maarit Ovaskainen, a citizen of Finland residing in London, England v. Jari Ovaskainen, a citizen of Finland residing in the Cayman Islands, at the Grand Court of the Cayman Islands.

Public Warning by the Swiss Financial Market Supervisory Authority that Starboard Capital SA "is "suspected of conducting unauthorised activities in the financial market".

Another Cayman Islands mutual fund - SPI Investment Fund SPC - affiliated with Miami Beach-based Swedish national Dennis Klemming's Prudent Group has gone into liquidation - 21 months after its independent directors were removed after uncovering evidence of fraud.

Director Details for SPI Investment Fund SPC, obtained fro the Cayman Islands General Registry on December 20th, 2023.

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

Class Action Complaint alleging negligent breach of duties against "former Credit Suisse directors and senior executives" in Peter Schur, individually and on behalf of other Credit Suisse Group AG ATI Bondholers v. Brady W. Dougan, Eric Arvel, James L. Amine, Timothy P. O'Hara, David Miller, Brian Chin, Christian Meissner, Gaël de Boissard, Urs Rohner, Tidjane Thiam, Thomas Gottstein, António Horta-Osório, Robert S. Shafir, Lara J. Warner, Richard E. Thornburgh, Andreas Gottschling, Michael Klein, and Noreen Doyle at the U.S. District Court for the Southern District of New York.

Stipulation of Dismissal & Dismissal Order in BlockFi Lending LLC v. Digistar Norway AS, of Norway; Nessim-Sariel Gaon, described in the complaint as a resident of London, England, and Fiorenzo Manganiello, described in the complaint as a resident of Geneva, Switzerland, at the U.S. Bankruptcy Court for the District of New Jersey.

Public Warning by the Swiss Financial Market Supervisory Authority that WV Financial Services SA "is "suspected of conducting unauthorised activities in the financial market".

Director Details for TYR Capital Partners SPC Ltd., obtained from the Cayman Islands General Registry on December 12th, 2023.

Winding Up Petition alleging "a serious and demonstrable lack of probity in the conduct of the Fund's affairs" in TGT GP, as General Partner of TGT LP, which are "part of the wider Unifi group of companies" that operates "a digital wealth platform that allows individuals to lend their cryptocurrency assets to Yield App for a fixed interest rate" v. TYR Capital Partners SPC Ltd. at the Grand Court of the Cayman Islands.

Judgment setting aside an order to serve defendants ADM Asia-Pacific Trading Pte. Ltd., ADM Germany GmbH, Grove Services Inc., Bunge SA, Bunge CIS LLC, Dauren Bekbergenov, Ekaterina Kuzmicheva, Mukhtar Ablyazov, Roman Solodchenko, and Zhaksylyk Zharimbetov out of the jurisdiction in JSC BTA Bank, of Kazakhstan v. Timur Sabyrbaev, Dilara Dyusembayeva, Assel Zhaxybayeva, Asel Suindikova, Marina Aitzhanova, Janelle Utemuratova, Svetlana Chvanova, Veronika Efimova, Saduakas Mameshtegi, Dina Abdykalykova, Akzholtay Mukanovna Kalenova, Kairat Sadykov, Irina Kanaphina, Madina Nurgozhina, AEG Systems Inc., Calernen Finance Inc., Zathen Holding Investments Limited, formerly Carsonway Limited; Comwork Ltd.,Kinmate Trading Limited, Estar Developments Limited, Lingard Industry Limited, Daniels Tradecorp Inc., Mabco Inc., Klostrade Financial Group Ltd., Dana Trade Corp., Global Team Company, Tramlanes Investments Limited, formerly Bergtrans Contracts Corp.; Moranta Invest (Cyprus) Limited, John Wortley Hunt, Luis Davis, Stan Gorin, Vasiliki Argyrou, Labonte Elisana Marie-Antoinette, Diego Jacinto Batista Valdes, Carlos Alberto Mendoza Murillo, Suseth Walthia Parris, Kellee France, Geoffrey Taylor, Belinda Lanyon, Christopher Blythe, Roger Alberto Santamaria, Nicholetta Christodoulidou, ADM-ACTI Trade Resources Inc., ADM Asia-Pacific Trading Pte. Ltd., formerly Toepfer International Asia Pte. Ltd.; ADM Germany GmbH, formerly Alfred C. Toepfer International GmbH; Eric Richardson, Grove Services Inc., Bunge SA, Bunge CIS LLC, Dauren Bekbergenov, Ekaterina Kuzmicheva, Mukhtar Ablyazov, Roman Solodchenko, and Zhaksylyk Zharimbetov at the British Virgin Islands High Court.

Notice of Removal by the defendants in Weatherford Switzerland Trading and Development GmbH, of Switzerland, and Weatherford Latin America, S.C.A., of Venezuela v. PDVSA Petróleo S.A., of Venezuela, at the U.S. District Court for the Southern District of New York.

Criminal Information alleging conspiracy to defraud the United States in USA v. Banque Pictet & Cie S.A., described as "a privately held Swiss financial institution, headquartered in Geneva", at the U.S. District Court for the Southern District of New York.

Public Warning by the Swiss Financial Market Supervisory Authority that Suo Tempore AG "is "suspected of conducting unauthorised activities in the financial market".

Complaint alleging "breach of duty, negligence, including gross negligence, deceit, fraud and concealment by a trustee of its fiduciary and other obligations to The Loving Trust’s beneficiaries" in Crawford Trust Company LLC v. Citco Group Limited, of the Netherlands; Citco Group (Monaco) SAM, of Monaco; Citco Global Custody (N.A.) N.V., of Curaçao; TorTrust Corporation Company Limited, of the British Virgin Islands; Citco Trustees S.A., of Switzerland; Citco B.V.I. Limited, of the British Virgin Islands; Citco Bank BVI Limited, of the British Virgin Islands;Citco Bank & Trust Company Limited, of the Cayman Islands; Citco Banking Corporation N.V., of Curaçao; Securitias Management Services Corp., of the British Virgin Islands; Citco Fund Services (Cayman Islands) Ltd., of the Cayman Islands; Credit Suisse S.A., of Switzerland; Ermanno Unternaehrer, described as a resident of Monaco, and Christopher Smeets, described as a resident of the Netherlands, at the Superior Court of California, County of Los Angeles.