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.
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.
Petition regarding a Scheme of Arrangement in the matter of Vietnam Manufacturing and Export Processing (Holdings) Limited, a Cayman Islands company based in Hong Kong, at the Grand Court of the Cayman Islands.
Horizonte Opportunities Fund SPC v. Horizonte Opportunities Fund SPC – SPC III et al: Receivership Petition
Petition seeking the appointment of Receivers in Horizonte Opportunities Fund SPC v. Horizonte Opportunities Fund SPC - SP III and Horizonte Opportunities Fund SPC - SP VI at the Grand Court of the Cayman Islands.
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.
Business Intelligence Investment Ltd. v. Nanfong International Investments Ltd.: Winding Up Petition
Winding Up Petition in Business Intelligence Investment Ltd., of Samoa v. Nanfong International Investments Limited at the Grand Court of the Cayman Islands.
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.
Claim Form in Independent Asset Management Company Limited, of Hong Kong, v. Swiss Forfaiting Ltd. at the British Virgin Islands High Court.
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.
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.
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.
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.
The Cayman Islands Tax Information Authority acted 'unlawfully' when it provided information to the Australian Taxation Office for an investigation into suspected tax evasion, a Cayman judge has ruled.
Judgment in M.H. Investments, J.A. Investments Ltd., and Bywater Investments Limited v. Cayman Islands Tax Information Authority and The Attorney General of the Cayman Islands at the Grand Court of the Cayman Islands.
Amended Claim Form in Potential Might Group Limited v. GST International Management Limited at the British Virgin Islands High Court.
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.
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.
Another credit card processor subpoenaed by the IRS as part of investigation into offshore tax evasion
Total Systems Services Inc. has become the latest third party credit card processor to be ordered to turn over client records to the IRS as part of its offshore tax evasion investigation. An order allowing the IRS to serve a
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.
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.
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.
A federal judge in Oregon has frozen the assets of several parties accused of operating an alleged foreign currency trading scam headed by former house painter Russell Cline and with ties to the Caribbean island of Dominica.
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.
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.