Barbados

Third Amended Complaint alleging "a coordinated and systemic racketeering scheme employed by Defendants to intimidate, threaten, defame, obstruct, coerce, defraud and extort an elderly woman, Marjorie Ilma Knox, into a forcible sale of her shares in Kingsland Estates, Ltd., a multimillion-dollar real estate company in Barbados, for a price that was far below market value" in Kathleen I. Davis, individually, as Trustee of the Marjorie Ilma Knox Revocable Trust and as Personal Representative of the Estate of Marjorie Ilma Knox v. Estate of Iain Deane at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.

Judgment in Argyle Funds SPC Inc. (in liquidation) v. BDO Cayman Ltd. at the Cayman Islands Court of Appeal.

Superseding Indictment in USA v. Donville Inniss and two sealed defendants at the U. S. District Court for the Eastern District of New York.

Criminal Indictment in USA v. Donville Inniss, a former Member of Parliament and Minister of Industry in Barbados, at the U. S. District Court for the Eastern District of New York.

Winding Up Petition in Brian Glasgow, as Bankruptcy Trustee of the State of Harlequin Property (SVG) Limited v. Harlequin Hotels and Resorts Limited at the Grand Court of the Cayman Islands.

Claim Form in Alphaglobal Capital Inc. v. Eastern Platinum Limited and Eastplats International Inc. at the British Virgin Islands High Court.

Complaint in Ardent Harmony Fund, Inc. and Argyle Funds SPC, Inc. v. Stormwater Structures, Inc. at the U. S. District Court for the Eastern District of New York.

Complaint in Ardent Harmony Fund, Inc. and Argyle Funds SPC, Inc. v. Construction Ecoservices, LLC and Construction Ecoservices II, Inc. at the U. S. District Court for the Eastern District of New York.

Transcript of Plea & Sentencing Hearings in USA v. Arthur James Vann at the U. S. District Court for the District of South Carolina.

British financial advisor Arthur Vann was yesterday sentenced to four years in prison in the U.S. for swindling 14 investors out of $3.2 million via a Cayman Islands hedge fund whose directors included Sandy Schwab, son of California-based billionaire discount brokerage pioneer Charles Schwab.

Arthur Vann's Sentencing Memorandum and Motion for Downward Departure in USA v. Arthur James Vann at the U. S. District Court for the District of South Carolina.

Amended Complaint in Argyle Funds SPC Inc. v. BDO USA LLP, BDO Cayman Ltd., BDO Trinity Ltd., d.b.a. BDO Trinidad & Tobago, and Schwartz & Company LLP at New York State Supreme Court.

Application for Leave to Apply for Judicial Review in Samantha Shields v. Caymanian Status and Permanent Residency Board and Chief Immigration Officer of the Cayman Islands at the Grand Court of the Cayman Islands.

Auditor BDO's operations in the Cayman Islands, Trinidad & Tobago and the United States are being sued for $280 million in damages by the liquidators of Cayman-domiciled Argyle Funds, which collapsed due to alleged fraud.

Offshore funds in Bermuda and Curacao - ADG Absolute Diversified Growth Fund and Enterprise Emerging Markets Fund - were used by fraudsters in India to launder the proceeds of a $125 million investment scam by Bombay Stock Exchange-listed technology firm Geodesic Ltd., according to Mumbai police.

Complaint in Argyle Funds SPC Inc. v. BDO USA LLP, BDO Cayman Ltd., BDO Trinity Ltd., d.b.a. BDO Trinidad & Tobago, and Schwartz & Company LLP at New York State Supreme Court.

This session will look at an investment fraud perpetrated by a British former bankrupt double-glazing salesman whose group raised more than £400 million from 6,000 mainly British pension investors by selling the dream of properties in St. Vincent & The Grenadines, Barbados and St. Lucia.

Originating Summons in Alexandria Bancorp Limited v. Southern Protector Services Limited and Pierre McMaster at the Grand Court of the Cayman Islands.

An intergovernmental organization established by the United Nations to protect rain forests is refusing to satisfy a $97,000 damages award in the Cayman Islands for obstructing the liquidation of swindled Ardent Harmony Fund, in which it is the biggest investor. The Japan-based International Tropical Timber Organization is claiming 'government immunity'.

Application by H.M.B. Holdings Limited for an order to conduct discovery of JPMorgan Chase, Bank of Nova Scotia, a.k.a. Scotiabank; Wells Fargo, Bank of America, Deutsche Bank, Credit Suisse, Bank of Montreal, and Eastern National Bank for use in proceedings in Antigua & Barbuda, Barbados, and Canada, filed at the U. S. District Court for the Southern District of Florida.

Superseding Indictment in USA v. Arthur James Vann at the U. S. District Court for the District of South Carolina.

Second Report of the Joint Official Liquidators In the Matter of Ardent Harmony Fund Inc. at the Grand Court of the Cayman Islands.

Transcript of Foreign Recognition Hearing In the Matter of Ardent Harmony Fund Inc. at the U. S. Bankruptcy Court for the Southern District of New York.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Michael Pearson, as the Foreign Representative of Ardent Harmony Fund Inc., at the U. S. Bankruptcy Court for the Southern District of New York.

The International Tropical Timber Organization, which was established by the United Nations to protect rain forests, is one of the biggest victims of an apparent fraudulent scheme involving hedge funds in the Cayman Islands, an investment manager in Barbados and factoring firms in New York.

First Report of the Joint Official Liquidators In the Matter of Ardent Harmony Fund Inc. at the Grand Court of the Cayman Islands.

Reasons for Ruling Granting a Restraining Order Against the International Tropical Timber Organization In the Matter of Ardent Harmony Fund Inc. at the Grand Court of the Cayman Islands.

A Cayman fund group set up by Barbados-based Canadian attorney Jeffrey Lipton has collapsed, putting US$89m of investors' funds at risk. Argyle Funds SPC, ARC (Euro) Fund, ARC (USD) Fund, and Ardent Harmony Fund went into liquidation apparently due to problems with loans of approximately $40m to NY-based factoring firm RMP Capital Corp.

Petition In the Matter of Argyle Funds SPC Inc. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Petition In the Matter of ARC (Euro) Fund (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Complaint in Argyle Funds SPC Inc. v. RMP Capital Corp, Inc. and ECB Funding LLC at New York State Supreme Court.

Petition In the Matter of ARC (USD) Fund (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Complaint in Ardent Harmony Fund Inc. v. RMP Capital Corp. Inc. and Bruin Funding LLC at New York State Supreme Court.

Petition In the Matter of Ardent Harmony Fund Inc. at the Grand Court of the Cayman Islands.

Seven people have been criminally indicted in the United States for an alleged securities fraud involving purported reinsurer Gerova Financial Group - a former Cayman Islands firm that moved to Bermuda - that brought them nearly $20 million in profits.

Claim Form in Chelten Limited v. NFC Data Inc., ipVco LLC, Geoffrey Cairns, Steve Latham, and Howard Jacob at the British Virgin Islands High Court.

Complaint to extradite Douglas Wayne Schneider, a resident of Barbados and Canada, from the USA to Canada to face allegations of securities fraud regarding The Investment Exchange Mortgage Corporation, filed at the U. S. District Court for the Central District of California.

Bermuda Commercial Bank and investment advisers are being sued in the United States on behalf of elderly trust fund beneficiaries who claim to have lost nearly $7 million in offshore investments, including Argyle Funds SPC and Axiom Legal Financing Fund, both of the Cayman Islands, and EEA Life Settlements Fund, of Guernsey.

Complaint in LVAR, L.P. v. Bermuda Commercial Bank Limited, BCB Paragon Trust Limited, formerly BCB Trust Company Limited; Neil de ste Croix, Andrew Peat Finanz Consultants GmbH, a.k.a. Andrew Peat Group Holdings; Andrew Peat, Stanley Chesed, and Profco International, a.k.a. Chesed Financial at the U. S. District Court for the Southern District of New York.

Complaint alleging racketeering "to force Mrs. Knox and/or the Marjorie Ilma Knox Revocable Trust to sell highly valuable real estate holdings in the country of Barbados, specifically an interest in Kingsland Estates, Ltd., for far below market value" in Kathleen I. Davis, both individually and as Attorney-in-Fact for Marjorie Ilma Knox; Marjorie Ilma Knox, individually, and the Marjorie Ilma Knox Revocable Trust v. Kingsland Estates Ltd., Classic Investments Ltd., Richard Cox, Iain Deane, and Tess Rohmann at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County.

USA's Ex Parte Petition for Leave to Serve John Doe Summonses on JPMorgan Chase Bank, The Bank of New York Mellon, HSBC Bank USA, Bank of America, and Citibank regarding accounts maintained for Butterfield Bank, filed at the U. S. District Court for the Southern District of New York.

Amended Complaint in Universal Trading & Investment Co., Inc. v. Yulia Tymoshenko, Alexander Tymoshenko, and Andrey Vavilov at the U. S. District Court for the Southern District of New York.

The presentation will provide insight into developments in global policy and treaties from the OECD and the impact on structuring opportunities in OFCs. Watch NowView Trailer

A judge in California has granted an IRS petition to serve a 'John Doe' summons on Wells Fargo Bank as part of a criminal investigation into suspected tax evasion by clients of Barbados-headquartered CIBC FirstCaribbean International Bank, for which Wells Fargo provided a correspondent account.

Order in IRS Petition for Leave to Serve John Doe Summons on Wells Fargo Bank regarding clients of CIBC FirstCaribbean International Bank Limited at the U. S. District Court for the Northern District of California.

IRS Petition for Leave to Serve 'John Doe' Summons on Wells Fargo Bank regarding clients of CIBC FirstCaribbean International Bank Limited, filed at the U. S. District Court for the Northern District of California.

Bahamas-based investment firm Gibraltar Global Securities Inc. and its 38-year-old president, Warren Davis, are being sued by the U. S. Securities and Exchange Commission for allegedly participating in a multi-million dollar "pump-and-dump" securities fraud.

Complaint in U. S. Securities and Exchange Commission v. Carrillo Huettel LLP, Luis J. Carrillo, Wade D. Huettel, Gibraltar Global Securities Inc., Warren Davis, John B. Kirk, Benjamin T. Kirk, Dylan L. Boyle, James K. Hinton Jr., Luniel De Beer, Joel P. Franklin, Pacific Blue Energy Corporation, Tradeshow Marketing Company Ltd., and Dr. Luis Carrillo at the U. S. District Court for the Southern District of New York.

An investigation by OffshoreAlert has uncovered more red flags concerning Cayman Islands-based CMZ Group Ltd., whose operations include a hedge fund, investment manager, debt recovery firm, precious metals refinery, rum distributor, and pawn shops in the Caribbean.

Q&A with Keith Miles, Chairman of CMZ Group Ltd. - February 25, 2013