Samoa

SEC v. Frederick Sharp et al: Complaint

Complaint alleging "a sophisticated, multiyear, multi-national attack on the United States financial markets and retail United States investors by foreign and domestic actors" in which the defendants "schemed to sell fraudulently hundreds of millions of dollars in stocks in the United States markets" in U. S. Securities and Exchange Commission v. Frederick L. Sharp, described as a citizen of the United States; Zhiying Yvonne Gasarch, a.k.a. Zhiying Chen, described as a dual citizen of Canada and China; Courtney Kelln, Mike K. Veldhuis, described as a citizen of the Netherlands; Paul Sexton, described as a citizen of the United Kingdom; Jackson T. Friesen, Graham R. Taylor, described as a citizen of the United Kingdom, all residents of British Columbia, Canada; William T. Kaitz, of Maryland, and Avtar S. Dhillon, described as a citizen of Canada residing in Long Beach, California, at the U. S. District Court for the District of Massachusetts.

Asia Cube Energy Holdings Ltd. v. Inno Energy Tech Co. Ltd. et al: Petition

Petition for Preliminary Injunction "mandating Respondent Hans Chia to return the Petitioner's official company seals in China" in Asia Cube Energy Holdings Ltd., as surviving entity of ISQ District Energy Asia Ltd., of the Cayman Islands v. Inno Energy Tech Co. Ltd., of Samoa, and Hans Chia at the U. S. District Court for the Southern District of New York.

Christine Grablis et al v. OneCoin Ltd. et al: First Amended Class Action Complaint

First Amended Class Action Complaint regarding an alleged cryptocurrency fraud in which much of the proceeds were allegedly laundered in the Cayman Islands and Ireland in Donald Berdeaux, of Montana, and Christine Grablis, of Tennessee v. OneCoin Ltd., of Bulgaria; Ruja Ignatova, of Bulgaria; Konstantin Igantov, of Bulgaria; Sebastian Greenwood, of Sweden; Mark Scott, of Coral Gables, Florida; Irina Andreeva Dilinska, David Pike, of Coral Gables, Florida, and Nicole J. Huesmann, of Coral Gables, Florida, at the U. S. District Court for the Southern District of New York.

SEC v. Caledonian Bank Ltd. et al: Motion for Default Motion

Motion for Default Judgment against Clear Water Securities, Inc. and Legacy Global Markets S.A. in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Verdmont Capital S.A., Clear Water Securities, Inc. and Legacy Global Markets S.A. at the U. S. District Court for the Southern District of New York.

Tempo Group Ltd. et al v. Fortuna Development Corporation et al: Judgment

Judgment in Tempo Group Limited, Chen Ching Chih, and Maxima Resources Corporation v. Fortuna Development Corporation, New Frontier Development Corporation, Wynner Group Limited, Bates Group Limited, Steven Word Driscoll, and San-Rong Lii at the Grand Court of the Cayman Islands.

SEC v. Verdmont Capital S.A.: Verdmont’s Opposition to Asset Freeze

Verdmont Capital's opposition to SEC's asset freeze application in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Clear Water Securities, Inc., Legacy Global Markets S.A. and Verdmont Capital S.A. at the U. S. District Court for the Southern District of New York.

SEC v. Caledonian Bank Ltd. et al: Complaint

Complaint in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Verdmont Capital, S.A., Clear Water Securities, Inc. and Legacy Global Markets S.A. at the U. S. District Court for the Southern District of New York.

Republic of Djibouti et al v. Winnington Global Holdings Ltd. et al: Claim Form

Claim Form in Republic of Djibouti, Autorite des Ports et des Zones Franches de Djibouti, and Port Autonome International de Djibouti v. Winnington Global Holdings Ltd., Net Support Holdings Limited, Emerald Sea Co Offshore Limited, Precious Water Finance Limited, and Unique Plus Finance Ltd. at the British Virgin Islands High Court.

Cooperhill Investments Ltd. et al v. Republic of Seychelles et al : Complaint

Complaint in Cooperhill Investments Limited and Kazou BV v. Republic of Seychelles, Financial Intelligence Unit of Seychelles, Liam Hogan, Barry Galvin, Declan Barber, Barclays Bank (Seychelles) Ltd., Barclays Bank Plc, Joe Cully, BMI Bank, and BMI Offshore Bank at the U. S. District Court for the Southern District of New York.

PayPal records targeted by IRS in offshore tax evasion investigation

The IRS has asked a U. S. federal court for permission to serve a “John Doe” summons on Internet money transfer firm PayPal Inc. as part of a clampdown on tax evasion using offshore credit and debit cards.“The records requested in the summons will identify the holders of bank accounts at, or payment cards issued by banks in, the listed jurisdictions, information which is not otherwise readily available to the Internal Revenue Service,” stated the IRS in its petition.

IRS receives permission to serve subpoena on First Data Corp.

The world's largest processor of credit card payments has been ordered by a United States court to assist the IRS in its investigation into tax evasion using offshore accounts.First Data Corp. must turn over information about transactions by holders of American Express, Visa and MasterCard credit cards that were issued by or on behalf of certain offshore financial institutions.

Client complains about Whitherspoon Seymour & Robinson

A business which operates from addresses in the United States has been accused of ripping off a Hong Kong-based client through the sale of an offshore bank charter.Whiterspoon Seymour & Robinson Inc. received $41,980 from the client in November, 2002 for a shelf bank called European Securities Bank Ltd. that was purported to be licensed in Fiji. The funds were sent to WS&R's account at PNC Bank, 500 First Avenue, Pittsburgh, Pennsylvania.

Ex-janitor who ripped off Bermudians sentenced to 30 years in prison

A former janitor whose groups persuaded Bermudians to cash in their pension plans and invest in fraudulent 'get-rich-quick' schemes has received a 30-year prison sentence in the United States.John Wayne Zidar, 60, of Gardnerville, Nevada, orchestrated a Ponzi scheme that took in approximately $74 million from about 3,200 people in the United States, Bermuda and other countries.

US court approves application to serve summonses on VISA International for tax evasion investigation

A California court has approved a request by the Internal Revenue Service for leave to file "John Doe" summonses on VISA International as part of an investigation into tax evasion using offshore credit cards. The order, issued on March 28, 2002, allows the IRS to examine the records of VISA credit or debit cards issued "by, through, or on behalf of banks or other financial institutions" in 31 offshore jurisdictions.

Insider Talking: March 31, 2001

Former Bermuda insurance boss John McGarrity resurfaces in the Bahamas, Turks & Caicos Islands regulators issue warning about Petro Funds, Bahamas resident Yank Barry goes on trial in Texas, default judgment entered in U. S. against American International Bank (in receivership), Bahamas union boss negotiates for employees of Suisse Security Bank & Trust, a private letter from FIBG principal Van Brink hints at corrupt payments to influential individuals in Grenada.