Puerto Rico

Motion to Withdraw Bankruptcy Reference regarding "a long-running saga to collect the $20 million-plus tax liabilities of Ronald and Annette Talmage" and "a transparent attempt to collaterally attack three prior federal judgments in favor of the United States" in USA v. Cosimo Borrelli and Colin Wilson, as the Foreign Representatives of Heng Cheong Pacific Limited, World-Wide Investment Services (BVI) Limited, and New Century Properties Limited, all of the British Virgin Islands, at the U. S. District Court for the District of Utah.

Application by Oak Trust, Acorn Trust, Eagle Trust, Duffy Trust, Robert J. Parfet Living Trust, Geluk Global Fund Limited SAC, of the Bahamas; Migration Investments, LLC, of Colorado; Boustrophedon International Ltd., of Hong Kong; Michael R. Shea, Erin Shea, Angela Ling, Fuhua Ling, Philip Bullock, Lifang Liu, Justin Payne, Michael Dietzen, Kimberly J. Dietzen, Brian Sly, David K. Sly, Gregory Sly, Karen Sly, Nelson Sly, Helen S. Sly, Sly Family Trust, and Tamara A. Sly Separate Property Trust to take discovery from Mushegh Tovmasyan, described as a resident of Puerto Rico, for use in "an anticipated proceeding" in England against Equity Capital UK Limited regarding "a multi-million dollar fraudulent Forex trading and investment scheme", filed at the U. S. District Court for the District of Puerto Rico.

Complaint that "arises out of a massive fraudulent scheme devised by Defendant Greg E. Lindberg and co-conspirators" and allegedly involved companies in Bermuda, Cayman Islands, Ireland, Malta, and the USA in Universal Life Insurance Company v. Global Growth Holdings Inc., Eli Global LLC, Greg E. Lindberg, UBS Financial Services Inc., Treatment Resources of Margate Inc., Alpine Capital LLC, Itech Funding LLC, Standard Financial Limited, of Malta; Academy Financial Assets LLC, Atlas Financial Investments LLC, Capital Asset Management I LLC, Global Insurance Capital LLC, Standard Advisory Services Ltd., of Malta; Triton Financial Limited, of Ireland; Hutchison Law Group PLLC, Satori Waters LLC, CSI Interco LLC, Forsyth LLC, Kite Asset Management Inc., Carnation Three LLC, Flowery Branch LLC, Goldman Sachs Bank USA, Morgan Stanley Senior Funding LLC, Verdesian Life Sciences LLC, Goldman Sachs Lending Partners LLC, Credit Suisse AG Cayman Islands Branch, AGH Parent LLC, Daisy Seven LLC, Dahlia Ten LLC, Tybee Island Asset Management Inc., Augusta Asset Management Inc., Pershing LLC, Macon LLC, Parallel Capital Assets LLC, Capital Asset Management II LLC, Standard Investment Capital Ltd., of Malta; New England Capital LLC, Global Bankers Insurance Group LLC, RevolverCap Partners Fund LP, Capital Assets Management III LLC, BLH Capital LLC, Netherlands Insurance Holdings Inc., Iron City Asset Management Inc., Hampton Asset Management Inc., Jackson Asset Management Inc., Chris Herwig, Bryn Mawr Trust Company, Begonia Eight LLC, CBI Group LLC, CBIG Capital LLC, and CBIG Holdings 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 British Virgin Islands by Cosimo Borrelli and Meade Malone, as the Foreign Representatives of Heng Cheong Pacific Limited, World-Wide Investment Services Limited, and New Century Properties Limited, at the U. S. Bankruptcy Court for the District of Utah.

SEC's Application for an order to show cause and an order requiring compliance with a subpoena "in connection with its formal investigation into potential violations of the federal securities laws by Back to Green Mining, LLC, a Puerto Rico company purporting to be investing in mining operations in Colombia, and its principals, representatives, and affiliates" in U. S. Securities and Exchange Commission v. Carlos R. Irizarry Santiago, CPA, of Puerto Rico, at the U. S. District Court for the District of Columbia.

Complaint in U. S. Securities and Exchange Commission v. MintBroker International Ltd., formerly known as Swiss America Securities Ltd. and d.b.a. SureTrader, of the Bahamas, and Guy Gentile, a.k.a.Guy Gentile Nigro, described as a resident of Puerto Rico, at the U. S. District Court for the Southern District of Florida.

Application by Dismatrix SPC, Asyndeton, and Polysyndeton, all of the Cayman Islands, to take discovery from Equiti US LLC, of North Palm Beach, Florida; Gary Dennison, of Jupiter, Florida; James Mason, of Jupiter, Florida, and Kimberly M. Kirkland, of West Palm Beach, Florida, for use in legal proceedings against Equiti Capital UK Limited in England and Wales regarding "a fraudulent Forex trading scheme operated by Mediatrix Capital Inc., Blue Isle Markets Inc., and Blue Isle Markets Ltd.", filed at the U. S. District Court for the Southern District of Florida.

Trustee's Renewed Ex-Parte Motion for Substantive Consolidation of Debtors Only in re: Providence Financial Investments Inc. and Providence Fixed Income Fund LLC at the U. S. Bankruptcy Court for the Southern District of Florida.

Settlement Agreement between the New York State Attorney General and seven cryptocurrency firms, namely iFinex Inc., the operator of a cryptocurrency exchange known as Bitfinex; BFXNA Inc., BFXWW Inc., Tether Holdings Limited, Tether Operations Limited, Tether International Limited, all of the British Virgin Islands, and Tether Limited, of Hong Kong. A copy of the agreement was attached to a letter filed by class action plaintiffs in a separate but related civil action alleging fraud.

Defendants' Notice of Removal, including a copy of the complaint seeking damages "for breach of fiduciary duty, tortious interference with business relations, breach of contract and declaratory judgment to set aside an unlawful and unethical contract entered into with Defendants to share the proceeds of a law firm with a non-lawyer independent contractor", in The Roberto Gonzalez Law Firm, d.b.a. Whistleblowers International, of the District of Columbia v. Global Litigation Consulting Services LLC, of Puerto Rico, and Christopher Piacentile, described as a resident of Puerto Rico and New York, at the U. S. District Court for the Southern District of New York.

Claim Form seeking damages of $8 million in Joaquin B. Viso, of Puerto Rico v. PB-100 Inc. at the British Virgin Islands High Court.

Amended Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Jeffrey Stower and Jason Robinson, of KPMG, as the Foreign Representatives of Premier Assurance Group SPC Ltd. (in Provisional Liquidation), at the U. S. Bankruptcy Court for the Southern District of Florida.

Amended Class Action Complaint "on behalf of all investors who purchased securities issued by Block.one called 'EOS Tokens' in or traceable to the initial coin offering" in Chase Williams and William Zhang v. Block.one, of the Cayman Islands; Brendan Blumer, described as a resident of Hong Kong; and Daniel Larimer, described as a resident of Virginia, and Crypto Assets Opportunity Fund LLC, of Illinois, and Johnny Hong v. Block.one, Brendan Blumer, Daniel Larimer, Ian Grigg, described as a resident of Hong Kong, and Brock Pierce, described as a resident of Puerto Rico, at the U. S. District Court for the Southern District of New York.

Plaintiff's Ex Parte Application for Third Party Evidence Preservation Order on Twilio Inc., its subsidiary SendGrid Inc., and Intercom Inc. regarding a complaint alleging fraudulent misrepresentation, breach of contract, and unjust enrichment involving "one of the largest cryptocurrency trading platforms in the world BitMEX" in BMA LLC, of Puerto Rico v. HDR Global Trading Limited, a.k.a. BitMEX, described as a Seychelles-domiciled "holding company" with "more than a dozen affiliates around the world, including in Hong Kong, Singapore, Bermuda, and the United States"; ABS Global Trading Limited, described as being based in San Francisco, California; Arthur Hayes, described as a citizen of the United States based in Hong Kong; Ben Delo, described as a citizen of the United Kingdom based in Hong Kong; and Samuel Reed, described as a citizen of the United States based in Hong Kong, at the U. S. District Court for the Northern District of California.

Amended Complaint alleging fraud, racketeering, and money laundering involving the "cryptocurrency derivatives exchange platform BitMEX" in BMA LLC, of Puerto Rico v. HDR Global Trading Limited, a.k.a. BitMEX, of the Seychelles; ABS Global Trading Limited, described as being based in San Francisco, California; Arthur Hayes, described as a citizen of the United States based in Hong Kong; Ben Delo, described as a citizen of the United Kingdom based in Hong Kong; and Samuel Reed, described as a citizen of the United States based in Hong Kong, at the U. S. District Court for the Northern District of California.

Complaint alleging fraud, racketeering, and money laundering involving the "cryptocurrency derivatives exchange platform BitMEX" in BMA LLC, of Puerto Rico v. HDR Global Trading Limited, a.k.a. BitMEX, of the Seychelles; ABS Global Trading Limited, described as being based in San Francisco, California; Arthur Hayes, described as a citizen of the United States based in Hong Kong; Ben Delo, described as a citizen of the United Kingdom based in Hong Kong; and Samuel Reed, described as a citizen of the United States based in Hong Kong, at the U. S. District Court for the Northern District of California.

Notice of Application in Bruce DeLaurentis, of Puerto Rico v. Opus Wealth Management Company Limited and David Heimhofer at the British Virgin Islands High Court.

Complaint alleging the sale of unregistered securities involving a cryptocurrency known as 'XRP' in Bitcoin Manipulation Abatement LLC, of Puerto Rico v. Ripple Labs Inc., of Delaware; XRP II LLC, described as a New York-domiciled entity based in San Francisco, and Bradley Garlinghouse, described as Ripple's CEO, at the U. S. District Court for the Northern District of California.

Complaint regarding a reinsurance agreement in PB Life and Annuity Co. Ltd., formerly known as Private Bankers Life and Annuity Co. Ltd., of Bermuda v. Universal Life Insurance Company, of Puerto Rico, at the U. S. District Court for the Southern District of New York.

Complaint regarding "a fraudulent investment scheme" by Ronald Talmage that raised "approximately $55 million in investments from predominately Japanese investors" in Cosimo Borrelli and Colin Wilson, both of Borrelli Walsh, as the Foreign Representatives of Heng Cheong Pacific Limited, World-Wide Investment Services Limited, and New Century Properties Limited, all of the British Virgin Islands v. RiverCliff Farm Inc. and the USA at the U. S. Bankruptcy Court for the District of Puerto Rico.

Complaint regarding "a fraudulent investment scheme" by Ronald Talmage that raised "approximately $55 million in investments from predominately Japanese investors" in Cosimo Borrelli and Colin Wilson, as the Foreign Representatives of Heng Cheong Pacific Limited, World-Wide Investment Services Limited, and New Century Properties Limited, all of the British Virgin Islands v. Western Land & Livestock, LLC and the USA at the U. S. Bankruptcy Court for the District of Puerto Rico.

Complaint alleging "Defendants' blatant abuse of a company and its resources that they are no longer entitled to own" in Resort Cayman Holdings Ltd., of the Cayman Islands v. Partnerships & Investments LLC, of Puerto Rico, and Nicolas A. Kogan, as Defendants, and Americas Leading Finance LLC, of Puerto Rico, as Nominal Defendant, at the Supreme Court of the State of New York, County of New York.

Petition alleging breach of contract regarding the repayment of a $3.4 million Promissory Note in Timothy W. Green, a resident of Texas v. MASA Holdings, Inc., f.k.a. MASA Holdings, LLC, of Delaware; Medical Air Services Association, Inc., of Oklahoma; Medical Air Services Association of Florida, Inc., of Florida; Medical Air Services Association International, Inc., of the U.S. Virgin Islands; Medical Air Services Association of the Bahamas, Ltd., of the Bahamas; MASA de Puerto Rico, Inc., of Puerto Rico; Medical Air Service Association of the (BVI), Ltd., of the British Virgin Islands; MASA Assist Bermuda, Ltd., of Bermuda; MASA Marketing, Ltd., of the Bahamas; Medflight Company, Ltd., of Trinidad and Tobago; MASA Marketing St. Kitts, Ltd., of St. Kitts and Nevis; Medical Air Services Association of St. Lucia, Inc., of Saint Lucia; and Medical Air Services Association Jamaica Limited, of Jamaica, at the District Court for the 236th Judicial District, Tarrant County, Texas.

First Amended Complaint alleging cryptocurrency market manipulation, RICO, and fraud in Bitcoin Manipulation Abatement LLC, of Puerto Rico v. FTX Trading Ltd., of Antigua and Barbuda; Alameda Research LLC, of Delaware; Alameda Research Ltd., of the British Virgin Islands; Samuel Bankman-Fried, of California; Gary Wang, of California; Andy Croghan, of California; Constance Wang, described as a citizen and resident of Hong Kong; Darren Wong, of California, and Caroline Ellison, of California, at the U. S. District Court for the Northern District of California.

A complaint for damages of $150M for alleged cryptocurrency futures trading fraud and the operation of an unlicensed money transmitting business has been filed against individuals and companies in Antigua, British Virgin Islands, Hong Kong, and the United States, including Alameda Research and FTX Trading.

Complaint alleging cryptocurrency market manipulation, RICO, and fraud in Bitcoin Manipulation Abatement LLC, of Puerto Rico v. FTX Trading Ltd., of Antigua and Barbuda; Alameda Research LLC, of Delaware; Alameda Research Ltd., of the British Virgin Islands; Samuel Bankman-Fried, of California; Gary Wang, of California; Andy Croghan, of California; Constance Wang, described as a citizen and resident of Hong Kong; Darren Wong, of California, and Caroline Ellison, of California, at the U. S. District Court for the Northern District of California.

The U. S. Securities and Exchange Commission has accused companies in the Bahamas, Cayman Islands, Cook Islands, New Zealand, Puerto Rico, Saint Vincent and the Grenadines, and the United States of participating in a $125 million investment fraud involving a group known as Mediatrix Capital.

Petitioning Creditors' Motion to Convert Case From Chapter 7 to Chapter 15 in Synapse Investment Ltd., of Japan; Bioreplace Corporation, of Japan; Masayuki Yamakawa, of Japan, and Megumi Matsuzawa, of Utah v. World-Wide Investment Services Limited, New Century Properties Limited, and Heng Cheong Pacific Limited, all of the British Virgin Islands, at the U. S. Bankruptcy Court for the District of Puerto Rico.

Complaint alleging fraud in U. S. Securities and Exchange Commission v. Mediatrix Capital Inc., initially of Belize and then the Bahamas; Blue Isle Markets Inc., domiciled in Saint Vincent and the Grenadines, based in the Bahamas; Blue Isle Markets Ltd., of New Zealand; Michael Stephen Young, of Denver, Colorado; Michael Shawn Stewart, of Scottsdale, Arizona, and Bryant Edwin Sewall, of Dallas, Texas, and the Bahamas, as Defendants, and Mediatrix Capital Fund Ltd., of the Bahamas; Island Technologies LLC, of Puerto Rico; Victoria M. Stewart, Maria C. Young, Hanna Ohonkova Sewall, of Kiev, Ukraine; Michael C. Baker, of Denver, Colorado; Walter C. Young III, of Seattle, Washington; Arual LP, of Utah; West Beach LLC, of Puerto Rico; Salve Regina Trust, of the Cook Islands; TF Alliance LLC, of Colorado; Casa Conejo LLC, of Puerto Rico; Hase Haus LLC, of Colorado; DCC Islands Foundation, of the Bahamas; Keystone Business Trust, of Massachusetts; Weinzel LLC, of Nevada; The 1989 Foundation, of the Bahamas; Mediatrix Capital PR LLC, of Puerto Rico; Mediatrix Capital LLC, of Colorado, and Blue Isle Markets Inc., of the Cayman Islands, as Relief Defendants, at the U. S. District Court for the District of Colorado.

Emergency Motion for an Ex Parte Asset Freeze and Temporary Restraining Order in U. S. Securities and Exchange Commission v. Mediatrix Capital Inc., initially of Belize and then the Bahamas; Blue Isle Markets Inc., domiciled in Saint Vincent and the Grenadines, based in the Bahamas; Blue Isle Markets Ltd., of New Zealand; Michael Stephen Young, of Denver, Colorado; Michael Shawn Stewart, of Scottsdale, Arizona, and Bryant Edwin Sewall, of Dallas, Texas, and the Bahamas, as Defendants, and Mediatrix Capital Fund Ltd., of the Bahamas; Island Technologies LLC, of Puerto Rico; Victoria M. Stewart, Maria C. Young, Hanna Ohonkova Sewall, of Kiev, Ukraine; Michael C. Baker, of Denver, Colorado; Walter C. Young III, of Seattle, Washington; Arual LP, of Utah; West Beach LLC, of Puerto Rico; Salve Regina Trust, of the Cook Islands; TF Alliance LLC, of Colorado; Casa Conejo LLC, of Puerto Rico; Hase Haus LLC, of Colorado; DCC Islands Foundation, of the Bahamas; Keystone Business Trust, of Massachusetts; Weinzel LLC, of Nevada; The 1989 Foundation, of the Bahamas; Mediatrix Capital PR LLC, of Puerto Rico; Mediatrix Capital LLC, of Colorado, and Blue Isle Markets Inc., of the Cayman Islands, as Relief Defendants, at the U. S. District Court for the District of Colorado.

For the third time in less than two years, Bancrédito International Bank has been sued for allegedly failing to remit funds to an offshore bank with which it had a correspondent bank relationship. The latest complaint - for $10M - filed yesterday by Bahamas-based Ansbacher and Lyford International Bank follows lawsuits for a combined $16.7M in 2017 and 2018 by Bahamas-based Capital Union Bank and Belize-based Choice Bank, respectively.

Complaint in Ansbacher (Bahamas) Ltd. and Lyford International Bank Ltd., both of the Bahamas v. Bancredito International Bank & Trust Corporation, a.k.a. Bancredito International Bank Corporation, at the U. S. District Court for the District of Puerto Rico.

Chapter 7 Involuntary Petition regarding claims totaling $35 million in Synapse Investment Ltd., of Japan; Bioreplace Corporation, of Japan; Masayuki Yamakawa, of Japan, and Megumi Matsuzawa, of Utah v. World-Wide Investment Services Limited, of the British Virgin Islands, at the U. S. Bankruptcy Court for the District of Puerto Rico.

Chapter 7 Involuntary Petition regarding claims totaling $35 million in Synapse Investment Ltd., of Japan; Bioreplace Corporation, of Japan; Masayuki Yamakawa, of Japan, and Megumi Matsuzawa, of Utah v. New Century Properties Limited, of the British Virgin Islands, at the U. S. Bankruptcy Court for the District of Puerto Rico.

Chapter 7 Involuntary Petition regarding claims totaling $35 million in Synapse Investment Ltd., of Japan; Bioreplace Corporation, of Japan; Masayuki Yamakawa, of Japan, and Megumi Matsuzawa, of Utah v. Heng Cheong Pacific Limited, of the British Virgin Islands, at the U. S. Bankruptcy Court for the District of Puerto Rico.

Complaint in Title Security Group Inc., of Puerto Rico, v. Partnership & Investments LLC, of Puerto Rico, and Resort Cayman Holdings Ltd., of the Cayman Islands, at the Supreme Court of the State of New York, New York County.

Complaint in Aktiv Assets LLC, Partnerships & Investments LLC, Americas Leading Finance LLC, Nicolas A. Kogan, Carola Acum, Jose Correa, Ricardo Cruz Jose Penchi, Carlos Perez, Ivan Rivera, Alejandro Rodriguez, Doris Rodriguez, Luis Roig, and Monica Romero, all of Puerto Rico v. Centerbridge Partners LP, of Delaware; CP Carco GP Ltd., of the Cayman Islands; CP Carco Intermediate Ltd., of the Cayman Islands; Resort Cayman Holdings Ltd., of the Cayman Islands, and CP Carco LP, of the Cayman Islands, at the Supreme Court of the State of New York, County of New York.

Gregory Tolaram's Motion to Dismiss in Great Western Insurance Company v. Gregory Tolaram, of Bermuda, at the U. S. District Court for the Southern District of New York.

Third Amended Complaint alleging "a coordinated and elaborate scheme to defraud through a complex series of reinsurance transactions, trust agreements, and investment vehicles" in HM Life Insurance Company, of Pennsylvania, and HM Life Insurance Company of New York v. Wilmington Savings Fund Society, FSB, of Delaware; Christiana Trust, of Delaware; Blue Alternative Asset Management LLC, of Delaware; Blue Capital Management, Inc., of Puerto Rico; Regatta Holdings LLC, of New Jersey; Cygnet 001 Master Trust, of Delaware; Cygnet 001 Master Trust Series 2011-A, of Delaware; Cygnet 001 Master Trust Series 2011-C, of Delaware; Cygnet 001 Master Trust Series 2013-A, of Delaware; Alpha Re Limited, of the Cayman Islands; Alpha Re Holdings (Cayman) Limited, of the Cayman Islands; Ability Insurance Company, of Nebraska; Atlantic Specialty Finance Limited, of the Cayman Islands; Blue Elite Fund Limited, of the Cayman Islands; Blue II Limited, of the Cayman Islands; Mark Graham, of New York; Donald Solow, of New Jersey; John Drake, of Ontario, Canada; Edward Brendan Lynch, of the Bahamas, and Gregory Tolaram, of Bermuda, at the Court of Chancery of the State of Delaware.

Originating Application in the matter of I-DEA Investment Fund Ltd. at the Grand Court of the Cayman Islands.

Originating Application in the matter of Alliance Partners Fund Ltd. at the Grand Court of the Cayman Islands.

Motion to Confirm Arbitration Award and Vacate Corrected Award in Track Group Inc., formerly known as SecureAlert Inc., v. I.C.S. of the Bahamas Co. Ltd. at the U. S. District Court for the District of Puerto Rico.

Notice of Removal, plus copy of complaint, in Haliron Power, LLC v. Fluor Daniel Caribbean, Inc. at the U. S. District Court for the District of South Carolina.

First Amended Complaint in Great Western Insurance Company v. Mark Graham, Donald Solow, Blue Capital Management, Inc., Blue Alternative Asset Management LLC, Wilmington Savings Fund Society, FSB, Christiana Trust, Regatta Holdings LLC, Cygnet 001 Master Trust, Cygnet 001 Master Trust Series, Cygnet 001 Master Trust, Cygnet 001 Master Trust Series 2011-A, Cygnet 001 Master Trust Series 2011-C, Cygnet 001 Master Trust Series 2013-A, Alpha Re Limited, Alpha Re Holdings (Cayman) Limited, Atlantic Specialty Finance, Blue Elite Fund Ltd., Blue Elite Fund LP, Blue II Ltd., Sancus Capital Blue Credit Opportunities Fund Ltd., Ability Insurance Company, John Drake, Edward Brennan Lynch, and Gregory Tolaram at the U. S. District Court for the Southern District of New York.

Order Instituting Administrative Proceedings, Making Findings and Imposing Sanctions against Mark R. Graham, of New York, NY; Blue Capital Management, Inc., of San Juan, Puerto Rico, and Blue Alternative Asset Management, L.L.C., of New York, NY, before the U. S. Securities and Exchange Commission.

Accountants Grant Thornton and law firms Cadwalader, Wickersham & Taft and Greene Espel are being sued for allegedly aiding and abetting a $150 million fraud perpetrated by the Providence Financial Group, which was primarily based in Guernsey, Miami, and Brazil.

Complaint in Maria Yip, as Trustee of Providence Financial Investments, Inc. and Provident Fixed Income Fund, LLC v. Natalia Guzman Seda at the U. S. Bankruptcy Court for the Southern District of Florida.

Complaint in Maria Yip, as Trustee of Providence Financial Investments, Inc. and Provident Fixed Income Fund, LLC v. Ovie Torres and Isabel Rodriguez at the U. S. Bankruptcy Court for the Southern District of Florida.

Complaint in Maria Yip, as Trustee of Providence Financial Investments, Inc. and Providence Fixed Income Fund, LLC v. Mega Global, Corp. at the U. S. Bankruptcy Court for the Southern District of Florida.

Complaint in Maria Yip, as Trustee of Providence Financial Investments, Inc. and Providence Fixed Income Fund, LLC v. Manuel E. Gandara at the U. S. Bankruptcy Court for the Southern District of Florida.