Letter on behalf of Timothy Schools sent to Manager of The May Fair Hotel, in London on November 22, 2012 warning of "the threat" posed by OffshoreAlert's publisher, David Marchant, and advising that the hotel could be "named" in legal proceedings against OffshoreAlert
Today's libel complaint by Axiom Legal Financing Fund fraudster Timothy Schools against me and OffshoreAlert at the U.K. High Court is as predictable as it is ineffective. In 2010, U. S. President Barack Obama signed into law The SPEECH Act,
Letter to the Editor from Liam Kavanagh, on behalf of Rockfire Capital Limited, regarding his firm's involvement with Axiom Legal Financing Fund.
In a letter to investors today, Axiom's directors stated that "We would encourage any party who has evidence as to wrongdoing with respect to the Fund to provide that information to the appropriate authorities." Yet, over three weeks ago, OffshoreAlert
Offshore providers in the Cayman Islands, Isle of Man, and Switzerland face huge liabilities after allowing insiders to loot Axiom Legal Financing Fund of tens of millions of pounds. Those most at risk from being sued by Axiom's eventual liquidators appear to be DMS Group, JP Funds Group, BDO Cayman, and Ogier, all in the Cayman Islands; Turnstone Group, in the Isle of Man; and Portland Financial Management, of Switzerland.
In their most recent letter to investors dated November 14, Axiom Legal Financing Fund's directors stated that an Extraordinary General Meeting will be held in December so that they can "present proposals regarding the continued management of the Fund". In
Letter to investors of Axiom Legal Financing Fund from the Fund's directors announcing the termination of investment manager Tangerine Investment Management.
Letter to the Editor from attorney David McIntosh QC, on behalf of Timothy Schools, regarding "untrue and defamatory" allegations against his client by OffshoreAlert.
Letter to investors in Axiom Legal Financing Fund from the Fund's directors regarding the report by KPMG into allegations against the Fund published by OffshoreAlert.
The bad news is you have been defrauded of your investment in Axiom Legal Financing Fund. The sooner you accept this, the quicker you can start taking steps to recover some of your losses. The good news is that the
New evidence uncovered by OffshoreAlert indicates that the recently-suspended Axiom Legal Financing Fund is hopelessly insolvent as a result of self-dealing and fraud by insiders. The Cayman Islands-domiciled Fund, which has raised more than £117 million, appears to be a Ponzi scheme.
Originating Application in Koninklijke Philips Electronics NV v. Arima Devices Corporation at the British Virgin Islands High Court.
Cayman Islands-domiciled Axiom Legal Financing Fund suspended redemptions and halted new subscriptions yesterday - a result of an investigation into the Fund by OffshoreAlert. Meanwhile, our ongoing investigation suggests that investors - who have invested at least £117 million - are victims of a massive fraud orchestrated by British solicitor Tim Schools and others.
Letter from Tangerine Investment Management Limited to Distributors of Axiom Legal Financing Fund announcing resignation of Timothy Schools.
Cayman Islands-domiciled Axiom Legal Financing Fund has retained KPMG to investigate red flags concerning the Fund that were uncovered by OffshoreAlert. Investors were informed of the development in a letter yesterday from the Fund's directors, Ronan Guilfoyle and Graham Hampson.
Letter From Directors of Axiom Legal Financing Fund to Investors, October 15, 2012 regarding red flags raised in investigative articles by OffshoreAlert.
As investors continue to pour millions of pounds each month into Cayman Islands-domiciled Axiom Legal Financing Fund, OffshoreAlert has uncovered more red flags, including conflicting financial statements, £7.9 million loaned to a debt-ridden law firm owned by Axiom's principal, and insurance provided by an unregulated, unaudited firm that is currently defending a fraud lawsuit brought by one of its clients.
Plaintiff's Emergency Ex Parte Motion for Statutory Restraining Order, Asset Freeze, Preliminary Injunction, Expedited Discovery, Appointment of Receiver and Other Equitable Relief in U. S. Commodity Futures Trading Commission v. Nikolai Simon Battoo, BC Capital Group Holdings SA, BC Capital Management LLP, BC Capital Group Global, BC Capital Group Limited, BC Capital Group International Limited, and BC Capital Group SA at the U. S. District Court for the Northern District of Illinois.
Motion for Temporary Restraining Order in U. S. Securities and Exchange Commission v. Tracy Lee Sunderlage, Nikolai Simon Battoo, BC Capital Group S.A., and BC Capital Group Limited at the U. S. District Court for the Northern District of Illinois.
Fixed Date Claim Form in Peter Ding Pei Chai and Tom Phua Swee Khiang v. Lee Wan Hoi and Gracedale Technology Limited at the British Virgin Islands High Court.
Order Enforcing Arbitration Award in Koninklijke Philips Electronics NV v. Arima Devices Corporation at the British Virgin Islands High Court.
Norden Shipping (Singapore) Pte. Ltd. v. Standard Tankers Bahamas Ltd.: Petition to Compel Arbitration
Petition to Compel Arbitration in Norden Shipping (Singapore) Pte. Ltd. v. Standard Tankers Bahamas Ltd., now known as Standard Tankers LLC at the U. S. District Court for the Southern District of New York.
Charge by Baring Private Equity Asia V Holding (5) Limited over shares in Kangda International Company Limited owned by Kangda Holdings Company Limited, filed at the Grand Court of the Cayman Islands.
USA's Ex Parte Application to Enforce and Register Foreign Restraining Orders in connection with an investigation in the United Kingdom into an alleged money laundering scheme by James Onanefe Ibori, former Governor of Nigeria's Delate State, and Bhadresh Gohil, an English attorney, filed at the U. S. District Court for the District of Columbia.
Fixed Date Claim Form in Koninklijke Philips Electronics NV v. Arima Devices Corporation at the British Virgin Islands High Court.
Stop Notice by GE Capital Equity Investments Ltd. regarding shares in Impro Precision Industries Limited owned by Impro Development Limited, filed at the Grand Court of the Cayman Islands.
Stop Notice by Baring Private Equity Asia V Holding (2) Limited regarding shares in Impro Precision Industries Limited owned by Impro Development Limited, filed at the Grand Court of the Cayman Islands.
Nordea Bank Finland Plc v. Yongzheng International Marine Holdings Co., Ltd.: Order Adjourning Application
Order in Nordea Bank Finland Plc v. Yongzheng International Marine Holdings Co., Ltd. at the British Virgin Islands High Court.
Stop Notice by GL Asia Mauritius II Cayman Ltd. regarding shares in IFM Investments Ltd. owned by IFM Overseas Partners LP, filed at the Grand Court of the Cayman Islands.
Stop Notice by BNP Paribas regarding shares in CEC International Ltd. held by Coastal Energy Company, filed at the Grand Court of the Cayman Islands.
Nordea Bank Finland Plc v. Yongzheng International Marine Holdings Co. Ltd.: Originating Application
Originating Application in Nordea Bank Finland Plc v. Yongzheng International Marine Holdings Co. Ltd. at the British Virgin Islands High Court.
Account holders in several major offshore financial centers, including the Bahamas, Bermuda, British Virgin Islands and Cayman Islands, had substantial deposits at alleged fraudster Allen Stanford's Antigua licensed Stanford International Bank Ltd., a document obtained by OffshoreAlert shows.