Switzerland

Criminal Information alleging conspiracy to commit securities fraud involving two unidentified co-conspirators in Vietnam and Switzerland who were described as "co-founders and co-operators of Blacklight S.A.m a purported asset management firm in Switzerland" and entities in Anguilla, Hong Kong, Seychelles and USA, in USA v. Steve M. Bajic, described as a resident of Canada, at the U.S. District Court for the District of Massachusetts.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in England by Nicholas Nicholson, Prashan Patel, and Kevin Hellard, all of Grant Thornton, as the Foreign Representatives of Isak Henry Gabay, described as a citizen of Switzerland and co-founder of Hong Kong-domiciled, England-based Duet Group Ltd. - a "global investment holding company" that managed "over $4.4 billion of equity" - who has been criminally charged in Germany with tax-related offenses regarding "Duet Group’s involvement in “Cum-Ex” transactions", filed at the U.S. Bankruptcy Court for the Southern District of New York.

Public Warning by the Swiss Financial Market Supervisory Authority that Visamar Group GmbH (in Liquidation) is "suspected of conducting unauthorised activities in the financial market".

Deferred Prosecution Agreement in USA v. H.W. Wood Limited, described as "an international reinsurance broker" based in England, at the U.S. District Court for the Southern District of Florida.

Deferred Prosecution Agreement in USA v. Tysers Insurance Brokers Limited, of England, described as an "international reinsurance broker", at the U.S. District Court for the Southern District of Florida.

First Amended Petition to Enforce Arbitral Award that “arises from Bolivia’s nationalization of certain investments made by Glencore in Bolivia” in Glencore Finance (Bermuda) Ltd., described as a Bermuda subsidiary of Jersey, Channel Islands-domiciled, Switzerland-based Glencore Plc v. The Plurinational State of Bolivia at the U.S. District Court for the District of Columbia.

Public Warning by the Swiss Financial Market Supervisory Authority that Euro Hypo GmbH is "suspected of conducting unauthorised activities in the financial market".

Motion for Leave to File Complaint Under Seal in Stack NFT LLC, which is described on its website as "a utility NFT project" v. NEAR Stiftung (NEAR Foundation), which is described on its website as " a Switzerland-based nonprofit foundation (Stiftung) whose mission is to enable community driven innovation to benefit people around the world", at the U.S. District Court for the Eastern District of Texas.

Fixed Date Claim Form regarding Pro Invest Overseas Ltd. in Roland Beerli, of Switzerland v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Criminal Information alleging conspiracy to violate the Foreign Corrupt Practices Act by bribing "foreign officials" in Ecuador "to secure improper advantages in order to obtain or retain reinsurance business from Seguros Sucre and Rocafuerte" in USA v. Tysers Insurance Brokers Limited, formerly Integro Insurance Brokers Limited, and H.W. Wood Limited, each described as "an international reinsurance broker based in the United Kingdom", at the U.S. District Court for the Southern District of Florida.

Director Details for Bolder Fund Services (Cayman) Limited, obtained from the Cayman Islands General Registry on October 19th, 2023.

Monaco-based retired investment banker Stephen Schechter, 78, who is a dual citizen of the United States and United Kingdom, has pleaded guilty to tax evasion in the United States involving entities in the British Virgin Islands entities and bank accounts in Monaco and Switzerland.

Plea Agreement in USA v. Stephen Schechter at the U.S. District Court for the District of Columbia.

Arraignment/Plea Hearing Transcript in USA v. Stephen Schechter, a Monaco-based retired investment banker, at the U.S. District Court for the District of Columbia.

Statement of Offense regarding tax evasion in USA v. Stephen L. Schechter, a dual citizen of the United States and United Kingdom residing in Monaco, at the U.S. District Court for the District of Columbia.

A second letter in two months from Matthew Ledvina, a U.S. tax adviser in Switzerland who pleaded guilty to securities fraud in the USA in 2018 and was struck off as an attorney in England in 2022, requesting the removal of his name from OffshoreAlert's website, claiming that publication of his misdeeds breaches Europe's General Data Protection Regulation (GDPR) and his "right to be forgotten" and is causing "unwarranted harm to me or my reputation, which is contrary to my legitimate interest in the protection of my privacy".

Petition to Enforce Arbitral Award that "arises from Bolivia’s nationalization of certain investments made by Glencore in Bolivia" in Glencore Finance (Bermuda) Ltd., described as a Bermuda subsidiary of Jersey, Channel Islands-domiciled, Switzerland-based Glencore Plc v. The Plurinational State of Bolivia at the U.S. District Court for the District of Columbia.

Complaint by residents and citizens of Argentina, Germany, Italy, Switzerland, and United Kingdom in Lavinia Arpesella, Pietro Arpesella, Florian Markus Borck, Andreas Michael Boukai, Ermanno Cavara, Marco Cavara, Giancarlo Coiana, Anna Daniela Musiani, Jakob Heichele, Manuela Heimbeck, Massimo Mazzaccone, Juan Carlos Ozores, Hartmut W. Peters, Niccolo Portu, Antonella Raso, Josef Johann Schneider, Marleen Maria Schneider, Giovanni Todesco, Michael Zahn, and Sabine Zahn v. The Bolivarian Republic of Venezuela at the U.S. District Court for the Southern District of New York.

Fixed Date Claim Form regarding Nedina Commercial Corp. in Roland Beerli, of Switzerland v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Second Amended Class Action Complaint "for negligent misrepresentation, aiding and abetting fraud, and aiding and abetting breach of fiduciary duty against Grant Thornton for enabling a massive overvaluation scheme orchestrated through a private investment fund that was managed by TCA Fund Management Group Corp." in Todd Benjamin International Ltd., of the United Kingdom; Todd Benjamin, described as a citizen of the USA residing in the United Kingdom; Zbynek Dvorak, a citizen of the Czech Republic residing in Switzerland, and Fawzi Bawab, a citizen of Canada residing in the United Arab Emirates v. Grant Thornton Cayman Islands, of the Cayman Islands, and Grant Thornton Ireland, of Ireland at the U.S. District Court for the Southern District of Florida.

Judgment for $475,282 regarding an alleged crypto mining-based investment fraud in Chryskylodon LLC, of Wyoming v. Markus Schneider, Arastra AG, of Switzerland; PetaWatt Holdings Inc., of Wyoming, USA, and Swiss Picturebank (Group) AG, of Switzerland, at the Supreme Court of the State of New York, County of New York.

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

Public Warning by the Swiss Financial Market Supervisory Authority that Swiss Business Company GmbH is "suspected of conducting unauthorised activities in the financial market".

Fixed Date Claim Form regarding Yulima International Ltd. in Jin Lee Tan, of Switzerland v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Second letter from Jonathan Curci, copied to "my attorneys in Switzerland and Florida", requesting that OffshoreAlert remove his name from our website.

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.

Chapter 11 Petition by Mallinckrodt Plc, Acthar IP Unlimited Company, IMC Exploration Company, Infacare Pharmaceutical Corporation, INO Therapeutics LLC, Ludlow LLC, MAK LLC, Mallinckrodt APAP LLC, Mallinckrodt ARD Finance LLC, Mallinckrodt ARD Holdings Inc., Mallinckrodt ARD Holdings Limited, Mallinckrodt ARD IP Unlimited Company, Mallinckrodt ARD LLC, Mallinckrodt Brand Pharmaceuticals LLC, Mallinckrodt Buckingham Unlimited Company, Mallinckrodt CB LLC, Mallinckrodt Critical Care Finance LLC, Mallinckrodt Enterprises Holdings, Inc., Mallinckrodt Enterprises LLC, Mallinckrodt Enterprises UK Limited, Mallinckrodt Equinox Finance LLC, Mallinckrodt Hospital Products Inc., Mallinckrodt Hospital Products IP Unlimited Company, Mallinckrodt International Finance S.A., Mallinckrodt International Holdings S.à r.l., Mallinckrodt IP Unlimited Company, Mallinckrodt LLC, Mallinckrodt Lux IP S.à r.l., Mallinckrodt Manufacturing LLC, Mallinckrodt Pharma IP Trading Unlimited Company, Mallinckrodt Pharmaceuticals Ireland Limited, Mallinckrodt Pharmaceuticals Limited, Mallinckrodt Quincy S.à r.l., Mallinckrodt UK Finance LLP, Mallinckrodt UK Ltd., Mallinckrodt US Holdings LLC, Mallinckrodt US Pool LLC, Mallinckrodt Veterinary, Inc., Mallinckrodt Windsor Ireland Finance Unlimited Company, Mallinckrodt Windsor S.à r.l., MCCH LLC, MEH, Inc., MHP Finance LLC, MKG Medical UK Ltd., MNK 2011 LLC, MUSHI UK Holdings Limited, Ocera Therapeutics, Inc., Petten Holdings Inc., SpecGx Holdings LLC, SpecGx LLC, ST Operations LLC, ST Shared Services LLC, ST US Holdings LLC, ST US Pool LLC, Stratatech Corporation, Sucampo Holdings Inc., Sucampo Pharma Americas LLC, Sucampo Pharmaceuticals LLC, Therakos, Inc., Vtesse LLC, and WebsterGx Holdco LLC at the U.S. Bankruptcy Court for the District of Delaware.

Winding Up Petition in Bank Julius Baer & Co. Ltd., of Hong Kong v. JBAM Global Income Fund at the Grand Court of the Cayman Islands.

Class Action Complaint "for falsely advertising price discounts for in-game purchases and other deceptive and unfair business practices in its mobile application game" in Loren Kelly v. FunPlus International AG, of Switzerland, and KingsGroup Holdings, of the Cayman Islands, at the U.S. District Court for the Northern District of California.

Letter from Matthew Ledvina, a U.S. tax adviser in Switzerland who pleaded guilty to securities fraud in Massachusetts in 2018 and was struck off as an attorney in England in 2022, requesting the removal of his name from OffshoreAlert's website, writing that "I am eager to enforce my rights as a Swiss citizen, to restore my privacy and to protect my personal information".

Forfeiture Complaint in USA v. $21.8 million "that constitutes proceeds of foreign bribery offenses, property involved in money laundering or a conspiracy to commit money laundering" involving Naman Wakil, described as "a Venezuelan citizen who became a permanent resident in the United States in or around 2012", and accounts in the Cayman Islands and Switzerland, filed at the U.S. District Court for the Southern District of Florida.

Letter from Jonathan Curci threatening to sue OffshoreAlert unless we removed his name from our website in association with Swiss International Asset Management AG, which was the target of a public warning by the Swiss Financial Market Supervisory Authority on May 16th, 2023 on suspicion of "conducting unauthorised activities in the financial market", on the basis that he ceased being a director of the company 17 months before the warning was issued. After receiving his letter, OffshoreAlert found a second company (GDM Finance Sàrl) that was the target of a similar FINMA warning in 2019 less than three months after Curci had ceased being Managing Director.

Complaint alleging "betrayal and deceit in a partnership formed to develop a browser-based cryptocurrency wallet" in Joel Dietz v. Consensys Inc., Consensys Software Inc., Consensys AG, of Switzerland; Joseph Lubin, Aaron Davis, and Daniel Finlay at the Superior Court of California, County of San Francisco.

Public Notice by the Malta Financial Services Authority that it has cancelled the Alternative Investment Fund Manager license of Agon Asset Management Limited for regulatory breaches.

Complaint in U.S. Securities and Exchange Commission v. Sisu Capital LLC, of California, USA; Timothy Overture, of California, USA, and Hansueli Overture, described as a resident of Hallau, Switzerland, at the U.S. District Court for the Northern District of California.

Application by Dolores Acevedo, Victoria Acevedo, and Rosario Acevedo to take discovery from JPMorgan Chase, Banco Santander, Bank of America, and the Society for Worldwide Interbank Financial Telecommunication "for use in civil and criminal proceedings in Argentina" alleging the fraudulent concealment of assets belonging to the estate of Jorge Eduardo Acevedo, filed at the U.S. District Court for the Southern District of Florida.

The first version of the agenda for OffshoreAlert's 10th Annual London Conference on December 4-5 is now available. For more information about OffshoreAlert London 2023, sponsorship opportunities, and tickets, please visit www.oalondon.com.

Complaint alleging "breach of fiduciary duty and a series of false and misleading statements and filings made both in public, and privately to third parties, including potential investors, shareholders, auditors, and tax authorities" in Capana Swiss Advisors AG and AmeriMark Automotive AG, both of Switzerland v. Rymark Inc., Nicholas Thayne Markosian, John Kirkland, and Vicky Small at the U.S. District Court for the District of Utah.

Complaint in Daniel Jaiyong An v. Rafael Cosman, Alex de Lorraine, Tom Shields, and Archblock Inc., formerly known as TrustLabs Inc., at the Court of Chancery of the State of Delaware.

Application by Ecoprivate Business Ltd., of the British Virgin Islands, and Jean Sebastian Ferrer Funke, a citizen and resident of Switzerland, to take discovery from The Clearing House Payments Company LLC, The Federal Reserve Bank of New York, Barclays Bank PLC, and HSBC Bank USA N.A. "a criminal proceeding in Switzerland, which Applicants contemplate bringing against Mr. Sonashah Shivdasani; as well as in recognition and enforcement proceedings that the Applicants contemplate bringing in the UK" regarding "a real estate investment scheme that cost the Applicants well over US $6,175,000.00 in losses plus penalties and interest", filed at the U.S. District Court for the Southern District of New York.

Complaint in FTX Trading Ltd., of Antigua and Barbuda, and Maclaurin Investments Ltd., formerly Alameda Ventures Ltd., of Seychelles v. Lorem Ipsum UG, of Germany; Patrick Gruhn, Robin Matzke, a resident of Germany, and Brandon Williams at the U.S. Bankruptcy Court for the District of Delaware.

Complaint in Celsius Network Ltd., of England v. StakeHound SA, of Switzerland, at the U.S. Bankruptcy Court for the Southern District of New York.

British/American retired investment banker Stephen Schechter has been criminally charged with tax evasion in the United States involving entities in the British Virgin Islands and bank accounts in Switzerland and Monaco, where he resides.

Originating Application in the matter of Puma Energy PNG Supply Ltd. at the Grand Court of the Cayman Islands.

Application by Nike Shipholding Corporation, of the Marshall Islands to take discovery from Credit Suisse Holdings (USA), Inc., Credit Suisse (USA), Inc., Credit Suisse Securities (USA) LLC, and Credit Suisse Asset Management, LLC for use in legal proceedings in Switzerland against Credit Suisse AG regarding an alleged investment loss of $13.5 million in Wirecard AG, described as "a large German payment-processing company that became insolvent shortly after Applicant’s investment - upon CSAG's advice", filed at the U.S. District Court for the Southern District of New York.

Marshall Islands firm Nike Shipholding Corporation has filed a discovery application in New York as it prepares to sue its investment adviser, Credit Suisse, in Switzerland after investing $15 million in fraudulently-operated German payment-processor Wirecard AFTER Wirecard had already been exposed by the Financial Times newspaper and not long before it filed for bankruptcy, allegedly suffering a loss of $13.5 million.

Curaçao's International Global Bank NV intends to sue Swiss firm Consulting and Services Associate SA for "fraudulent misrepresentations" regarding an "OFAC Certification" in a dispute that appears to be linked to sanctions evasion involving Venezuela's state-owned oil and natural gas company PDVSA.

Criminal Information alleging tax evasion involving entities in the British Virgin Islands and bank accounts in Monaco and Switzerland in USA v. Stephen L. 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.

Director Details for CAM Specialty Lending 1 Ltd., obtained from the Cayman Islands General Registry on June 27th, 2023.

Director Details for ICM SPC, obtained from the Cayman Islands General Registry on June 25th, 2023.