Spain

Malta-domiciled investment fund firm Excellence Investment Umbrella SICAV Plc, which is managed by Swiss investment manager Novium AG, has been ordered to go into liquidation by its local regulator, the Malta Financial Services Authority.

The directors of British firm Privilege Wealth Plc, which was exposed as a fraud by OffshoreAlert nearly 15 months ago, have convened a creditors' meeting for January 12th to consider a resolution to wind-up the company and appoint a liquidator.

Fifth Report of the Joint Official Liquidators of Brighton SPC.

Anafin Capital Limited, which OffshoreAlert understands raised approximately $10 million for investment in a fraud known as Privilege Wealth and is, therefore, at risk of being sued by aggrieved clients, has applied to be voluntarily struck off the companies register in Britain.

In objecting to a proposed $34 million settlement with law firm Hunton & Williams, of which 25% is slated to go to attorneys, victims of Allen Stanford's $7 billion Ponzi scheme have accused Receiver Ralph Janvey and his professional advisers of self-enrichment at their expense.

Letter from Emilia Branger objecting to a proposed settlement with Hunton & Williams in Ralph Janvey, as Court-appointed Receiver for the Stanford Receivership Estate; The Official Stanford Investors Committee, Pam Reed, Samuel Troice, Michoacan Trust v. Greenberg Traurig, LLP, Hunton & Williams, LLP, and Yolanda Suarez at the U. S. District Court for the Northern District of Texas.

Ex Parte Application of Shareefah Khalid Alghanim to take discovery of Bank of America for use in proceedings before the British Virgin Islands High Court, filed at the U. S. District Court for the Southern District of Florida.

The last remaining director of British firm Creditech Plc has quit, seemingly signaling the end of a firm that was attempting to continue an investment fraud that began as Privilege Wealth. Since being approached by OffshoreAlert less than a month ago, Creditech's entire board and its secretary have all resigned.

British firm Privilege Wealth Plc, which was exposed as a fraud by OffshoreAlert last October, appears to be under criminal investigation in the United Kingdom.

'Abandoned Property' reported by BOI Bank Corporation, domiciled in Antigua and Barbuda.

Fintech Software Development Group Inc., which formed the centerpiece of two fraudulent investment schemes exposed by OffshoreAlert, has been dissolved by the Florida Division of Corporations for failing to file its annual report.

A Cayman Islands company - Managing Partners Investment Management - operated by dubious British fund manager Jeremy Leach is suing a Bermuda firm - SWZ Funds - for allegedly breaching a joint venture agreement in Malta - Smart Capital SCC.

Letter from Jaime Escalona, on behalf of COViSAL, objecting to a proposed settlement with Hunton & Williams in Ralph Janvey, as Court-appointed Receiver for the Stanford Receivership Estate; The Official Stanford Investors Committee, Pam Reed, Samuel Troice, Michoacan Trust v. Greenberg Traurig, LLP, Hunton & Williams, LLP, and Yolanda Suarez at the U. S. District Court for the Northern District of Texas.

Letter to the Editor from Brett Jolly blaming others for the problems with the investment scheme known as 'Privilege Wealth' and accusing them of theft.

Banned company director and serial fraudster Brett Jolly has resurrected his failed Privilege Wealth investment scheme under a new name - Creditech - using as fronts two well-connected British nationals who quickly resigned after being contacted by OffshoreAlert, we can reveal.

In ominous news for investors in Privilege Wealth's insolvent $40 million investment scheme, the company they were told was insuring their principal - Affinity Insurance PCC Limited - has lost its insurance license in Guernsey.

British investment salesman Andrew Sweeney has set up three new firms - Investabl Limited, International Portfolio Services Ltd., and Preston Invest Ltd. - after leaving his role as Group Sales and Marketing Director of Privilege Wealth, which specialized in swindling pensioners out of their retirements before collapsing after being exposed by OffshoreAlert.

British firm Teyuteme Oil Plc, which OffshoreAlert exposed as a 'crude vehicle to fleece investors' 27 months ago, has gone into liquidation with an estimated £10.9 million loss of funds invested by a Gibraltar company that's owned by a Cayman Islands fund vehicle.

Spain-based, British fraudster Brett Jolly, who is secretly behind the recently-collapsed Privilege Wealth investment scam, has been banned from serving as a company director in the United Kingdom for a prior fraud involving Anglo-Capital Partners Ltd.

A Cayman Islands fund - Traded Life Policies Fund - has become the latest investment scheme operated by Marbella-based, British fund manager Jeremy Leach to collapse in dubious circumstances.

First Gazette Notice for Compulsory Strike-Off of Privilege Wealth Plc at Companies House for England and Wales.

Case Details of the Director Disqualification of Brett Jolly by the United Kingdom Insolvency Service.

Britain's Companies House has started the process of compulsorily striking off Privilege Wealth Plc, which was exposed as a fraud by OffshoreAlert nine months ago.

Complaint in Luis A. Benshimol v. David Brillembourg, Brilla Group, LLC, Brilla AJ RMB, LLC, Cap Juluca Segregated Portfolio M, Brilla Capital Investment Master Fund SPC, Ltd., Barilla RMB, LLC and CJ Villa 2, Ltd. at the U. S. District Court for the Southern District of Florida.

British firm Eligere Investments Plc, whose purported market capitalization was £117 million when OffshoreAlert exposed it as a worthless component of a global fraud two years ago, has gone into liquidation.

Trading in one of the main fund-raising vehicles for the fraudulently-operated Privilege Wealth investment group has been suspended by the Bermuda Stock Exchange after its Listing Sponsor, Estera Securities, formerly Appleby Securities, apparently resigned.

Forfeiture Complaint in USA v. Western Union at the U. S. District Court for the Eastern District of Pennsylvania.

Ex Parte Application of Shareefah Khalid Alghanim to take discovery of Citibank, NA for use in proceedings before the British Virgin Islands High Court, filed at the U. S. District Court for the Southern District of Florida.

Privilege Wealth Plc, the British arm of the fraudulently-operated Privilege Wealth investment group, has missed a deadline to file its first annual accounts - the latest setback to worry investors who are believed to have invested more than $40 million.

The two main websites for Privilege Wealth's fraudulent investment scheme have gone off-line as the Marbella, Spain-based group continues to collapse in chaos. The group is threatening to bring a "class action" against OffshoreAlert, which it says is "100% liable" for investors' losses, which an insider estimated to be more than $40 million.

Five months after being exposed as a fraud by OffshoreAlert, the Privilege Wealth investment scheme has collapsed, with an insider claiming there is a deficit of more than $40 million. Redemptions to investors have been suspended, Privilege Wealth's main office - a call center in Panama - has closed after the attempted murder of its boss - a fraud fugitive in Spain - and unpaid payroll and the group's registered agent in Gibraltar has resigned.

A Gibraltar judge has ordered an inspection of the books and records of a limited partnership that underpins the Privilege Wealth investment group, which was exposed as a fraudulent enterprise by OffshoreAlert five months ago. The order was issued after Privilege Wealth allegedly ignored a request for inspection from one of its limited partners.

Default Judgment in Privilege Wealth Plc v. David Marchant at London High Court.

Fixed Date Claim Form in Theo Peers and Christiane Valkenborghs v. Registrar of Corporate Affairs at the British Virgin Islands High Court.

Fixed Date Claim Form in Antonie Van Hees, as administrator of the Estate of Willem Alexander Arnold Peter Minne Endstra, v. Registrar of Corporate Affairs at the British Virgin Islands High Court.

Libel Complaint in Privilege Wealth Plc v. David Marchant at London High Court.

Letter to the Editor from Florida-based attorney Bradley Shraiberg, on behalf of Privilege Wealth Plc, threatening to sue OffshoreAlert if we did not publish a "retraction or clarification" of an exposé of his client.

Announcement on the Bermuda Stock Exchange by HELIX Investment Management SLP, of Luxembourg, that the group it raises funds for, Privilege Wealth, intends to sue OffshoreAlert for defamation regarding an article exposing Privilege Wealth as a global investment fraud.

I long ago realized the United Kingdom is spectacularly ineffective in holding financial criminals accountable for their actions due to a mixture of incompetence, laziness, corruption, lack of resources, a poor judicial system, and a general fondness for non violent

Within hours of OffshoreAlert's exposé of Privilege Wealth being published last night, the fraudulently-operated global investment group took their websites offline (before bringing them back online after the first version of this article was published). The group's main websites at www.pwplc.com, www.privilegewealthlp.com and www.privilegedirect.com were temporarily unavailable.

Notorious British swindler Brett Jolly is secretly behind a global investment fraud being perpetrated under the name 'Privilege Wealth', OffshoreAlert can reveal. The scheme involves a sprawling web of companies and operators in Bermuda, BVI, Cayman Islands, Curacao, Dubai, Gibraltar, Guernsey, Jersey, Luxembourg, Panama, Seychelles, South Africa, Spain, UK, and USA.

Fixed Date Claim Form in Credit Suisse Trust Limited, as Trustee of The President Pacific Bonds Trusts, v. Les Landes Investments Limited at the British Virgin Islands High Court.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the United Kingdom by Christian Henry Wells, as the Foreign Representative of YH Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Spain by Karla Pascarella, as the Foreign Representative of Grupo Isolux Corsán, S.A., Corsán Corviam Construcción, S.A., Grupo Isolux Corsán Concesiones, S.A., and Isolux Ingenieria, S.A., at the U. S. Bankruptcy Court for the Southern District of New York.

Fixed Date Claim Form in Jose Munoz Vargas v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Fixed Date Claim Form in Carlos Gerardo Dominguez Graterol v. Lakemont Inc., The Registrar of Companies, and The Financial Secretary at the British Virgin Islands High Court.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Spain by Christopher Morris, as the Foreign Representative of Abengoa SA, Abeinsa Asset Management SL, Abeinsa Invesriones Latam SL, Abeinsa Ingenieria y Construccion Industrial SA, Abencor Suministros SA, Negocios Industriales y Comerciales SA, Abener Energia SA, Abengoa Bioenergia SA, Abeinsa Infraestructuras Medio Ambiente SA, Abengoa Finance SA, Abengoa Concessions SL, Abengoa Solar Espana SA, Abengoa Solar New Technologies SA, Abentel Telecomunicaciones SA, ASA Desulfuracion SA, Bioetanol Galicia SA, Ecoagricola SA, Instalaciones Inabensa SA, Europea de Construcciones Metalicas SA, Siema Technologies SL, Teyma Gestion de Contratos de Construccion e Ingenieria SA, Abengoa Water SL, Abengoa Solar SA, Abengoa Greenfield SAU, and Abengoa Greenbridge SAU, at the U. S. Bankruptcy Court for the District of Delaware.

A British affiliate of Belvedere Management Group that is ultimately-owned by Cayman Islands-domiciled Brighton SPC has been wound up "in the public interest" in London for involvement in a boiler room fraud that swindled investors out of £36 million. Another Belvedere affiliate is fighting a similar winding-up petition.

Press Release by the United Kingdom's Insolvency Service announcing that "19 companies involved in a giant boiler room scam to sell carbon credits to the public for investment have been ordered into liquidation in the public interest, following petitions presented by the Secretary of State for Business, Innovation & Skills", namely Alpine Consult Limited, Environmental Acquisitions Limited, Blue Horizons Trading Ltd., Burlington Energy Markets Ltd., Charles Stratton Limited, Claremont James Ltd., CNI (UK) Limited, Clear View Partnership Ltd., Eden Brown Group S.L., Enviro Associates Limited, Global Carbon Exchange Limited, Harman Royce Limited, Karlsson Chase Limited, Liberty Alternative Investments Limited, New Frontier Partnership Ltd., Oswald Bradshaw Limited, Pure Carbon Ltd., Seasaw Limited, and Strategic Carbon Solutions Ltd.,

Michael Skillern's Witness List in USA v. Naadir Cassim, Jon Craig Nelson, Michael Skillern, and Adriana Maria Camargo, a.k.a. Adriana Palomino, at the U. S. District Court for the Middle District of Florida.