Switzerland

USA v. Robert Lhez et al: Complaint

Complaint alleging a "fraudulent mass-mailing operation" in USA v. Robert Lhez, described as a resident of France, individually and as an officer of Arcana Center Corp. and of Partners VAD International Sàrl, d.b.a. Lynco; Mireille Dayer, a citizen of Switzerland; Julie Poulleau, a citizen of France; Arcana Center Corp., of Delaware, and Partners VAD International Sàrl, of Switzerland, at the U. S. District Court for the Southern District of Florida.

Phoenix Payments Ltd.: €435K Fine

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €435,576 on Phoenix Payments Limited for regulatory breaches.

SEC v. Timothy Page et al: Freeze Order Motion

Motion for Preliminary Injunction regarding an alleged securities fraud in U. S. Securities and Exchange Commission v. Timothy Page, described as a citizen of the United Kingdom; Trevor Page, described as a resident of the United Kingdom residing in the U.K., Switzerland, and Fiji; Ticino Capital Limited, described as a Maltese company "owned on paper by a Swiss attorney"; Wellesley Holdings Limited, of Hungary; Porrima Limited, of Hungary; Emergent Investment Company, of Hungary, and FJ Investments International Inc., of Utah, as Defendants, and Janan Page, described as a resident of the United Kingdom, Switzerland, and Fiji, as Relief Defendant, at the U. S. District Court for the Eastern District of New York.

SEC v. Timothy Page et al: Complaint

Complaint alleging securities fraud in U. S. Securities and Exchange Commission v. Timothy Page, described as a citizen of the United Kingdom; Trevor Page, described as a resident of the United Kingdom residing in the U.K., Switzerland, and Fiji; Ticino Capital Limited, described as a Maltese company "owned on paper by a Swiss attorney"; Wellesley Holdings Limited, of Hungary; Porrima Limited, of Hungary; Emergent Investment Company, of Hungary, and FJ Investments International Inc., of Utah, as Defendants, and Janan Page, described as a resident of the United Kingdom, Switzerland, and Fiji, as Relief Defendant, at the U. S. District Court for the Eastern District of New York.

USA v. Mark Gyetvay: USA’s Motion for Conditions of Release

Motion to Set Conditions of Release in USA v. Mark Gyetvay, a citizen of Italy, Russia, and the United States charged with "a decade-long tax evasion scheme that involved his failure to report over $40 million of income to the IRS", at the U. S. District Court for the Middle District of Florida.

USA v. Mark Gyetvay: Criminal Indictment

Criminal Indictment alleging tax evasion involving companies or accounts in Belize, British Virgin Islands, Cayman Islands, Russia, and Switzerland in USA v. Mark Gyetvay, the Chief Financial Officer of Russian gas producer Novatek who is apparently a citizen of Italy, Russia, and the United States, at the U. S. District Court for the Middle District of Florida.

Isabella Hranov v. Deutsche Bank AG et al: Discovery Application

Application by Isabella Hranov, a citizen of Switzerland, to take discovery from Deutsche Bank AG and Deutsche Bank Trust Corporation for legal proceedings in Germany "against Deutsche Bank AG and Simon Biner" alleging securities fraud and breach of fiduciary duty involving "options of OC Oerlikon, a Swiss company whose shares were public but thinly traded", filed at the U. S. District Court for the Southern District of New York.

USA v. Evo Bechtiger et al: Criminal Indictment

Criminal Indictment alleging "a fraudulent scheme referred to by the conspirators as the 'Singapore Solution'" involving entities in the British Virgin Islands, Hong Kong, Liechtenstein, Singapore, and Switzerland in USA v. Evo Bechtiger, Bernhard Lampert, Peter Rüegg, Roderic Sage, Rolf Schnellmann, Daniel Wächli, and Allied Finance Trust AG, described as "a financial services company in Zurich", at the U. S. District Court for the Southern District of New York.
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Three indicted in NY for ‘$155M Biscayne Capital fraud’

Three men have been indicted in New York for allegedly perpetrating a $155 million fraud and money laundering scheme involving entities in or from Argentina, Bahamas, Belgium, Bermuda, British Virgin Islands, Cayman Islands, Ecuador, Germany, Switzerland, Uruguay, and the United States.

Dillian Whyte v. World Boxing Council Inc.: Discovery Application

Application by Dillian Whyte, described as "a highly ranked professional boxer, and the World Boxing Council, Inc.'s Interim Champion in the heavyweight division" v. World Boxing Council Inc. "for use in an arbitration proceeding currently pending before the Court of Arbitration for Sport in Lausanne, Switzerland concerning a contract between Mr. Whyte and the WBC that the WBC has breached as well as in potential future proceedings between the parties which are pending at a preliminary stage but may end with a CAS arbitration", filed at the U. S. District Court for the Southern District of Florida.

SEC v. Klaus Hofmann: Complaint

Complaint alleging "a multi-year expense management scheme by Kraft Heinz Company's procurement division to improperly reduce KHC's cost of goods sold and achieve costs savings targets that were externally touted to the market and internally tied to performance-based targets" in U. S. Securities and Exchange Commission v. Klaus Hofmann, of Zug, Switzerland, at the U. S. District Court for the Southern District of New York.

USA v. Roberto Cortes et al: Criminal Indictment

Criminal Indictment alleging conspiracy to commit wire fraud, bank fraud and money laundering involving entities in or from Argentina, Bahamas, Belgium, Bermuda, British Virgin Islands, Cayman Islands, Ecuador, Germany, Switzerland, Uruguay, and the United States in USA v. Roberto Gustavo Cortes Ripalda, described as a citizen of Ecuador and the U.S.; Fernando Haberer Bergson, described as a citizen of Germany and Uruguay and a resident of Argentina, and Ernesto Heraclito Weisson Pazmino, described as a citizen of Ecuador and the U.S., at the U. S. District Court for the Eastern District of New York.

Boart Longyear Ltd. et al: Chapter 15 Petition

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Australia by Nora Pincus, as the Foreign Representative of Boart Longyear Limited, Boart Longyear Australia Pty Limited, Boart Longyear Management Pty Limited, Boart Longyear Investments Pty Limited, and Votraint No. 1609 Pty Limited, collectively described as "the world's leading provider of drilling services, orebody-data-collection technology, and innovative, safe, and productivity-driven drilling equipment", filed at the U. S. Bankruptcy Court for the Southern District of New York.

Daniel Valenti v. Dfinity Foundation et al: Class Action Complaint

Class Action Complaint alleging a cryptocurrency-related fraud and sale of unregistered securities in Daniel Valenti, of Tampa, Florida v. Dfinity USA Research LLC, described as a Delaware company based in Palo Alto, California; Dfinity Foundation, of Switzerland, and Dominic Williams, of Palo Alto, California, at the U. S. District Court for the Northern District of California.

AWS Malta Ltd.: €502K Fine

Public Notice by the Malta Financial Intelligence Analysis Unit that it was imposed a fine of €502,046 on AWS Malta Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Registrar of Companies showed that AWS Malta Limited was incorporated in Malta on February 12th, 2014, its directors are Jean-Pie Gauci-Maistre, a citizen and resident of Malta; Kilian Kämpfen, a citizen and resident of Switzerland; Ivo Ferdinando Mathier, a citizen and resident of Switzerland; Mark Portelli, a citizen and resident of Malta, and Steve Zammit Cutajar, a citizen and resident of Malta; former directors include Francis Zammit Dimech, of Malta, who resigned effective February 28th, 2019; Herman Zandt, a citizen of the Netherlands residing in Malta, who resigned effective March 29th, 2017, and Nelson Lopez Centeno, a citizen of Spain, who resigned effective January 30th, 2017; and its shareholders are Ivo Ferdinando Mathier and AWS Switzerland SA, a Swiss company whose representatives include Ivo Mathier, chairman, and Kilian Kämpfen, while a former representative is Urs Füglistaller.

Alberto Safra v. Dr. Susan Bressman et al: Discovery Application

Application by Alberto Safra, of Brazil, to take discovery from Dr. Susan Bressman, Dr. Eli L. Diamond, Dr. Valentin Fuster, Dr. Viviane Tabar, Mount Sinai Health System and Memorial Sloane Kettering Cancer Center for use in "contemplated civil proceedings in Switzerland" regarding "the wills of the late Joseph Yacoub Safra, founder of the Safra banking conglomerate, who passed away in December 2020 after battling numerous health and neurological ailments during the last years of his life", filed at the U. S. District Court for the Southern District of New York.

USA v. Frederick Sharp et al: Criminal Complaint

Criminal Complaint alleging securities fraud in USA v. Frederick Sharp, described as a resident of British Columbia, Canada; Luis Carrillo, described as a citizen of the United States residing in Mexico; Mike Veldhuis, described as a resident of British Columbia, Canada, and Courtney Kelln, described as a resident of British Columbia, Canada, at the U. S. District Court for the District of Massachusetts.

Samson Siasia v. FIFA: Complaint

Complaint challenging "FIFA's conviction and imposition of a life-ban" for bribery in Samson Siasia v. Fédération Internationale de Football Association, of Switzerland, at the U. S. District Court for the Southern District of New York.

USA v. Monel Herscovici: Complaint

Complaint "to reduce FBAR penalty to judgment" regarding bank accounts in Liechtenstein and Switzerland in USA v. Monel Herscovici at the U. S. District Court for the Central District of California.

USA v. Naman Wakil: Criminal Indictment

Criminal Indictment alleging conspiracy to violate the Foreign Corrupt Practices Act and conspiracy to commit money laundering "by bribing Venezuelan officials to obtain and retain contracts and other business advantages, including obtaining payment on multi-million dollar contracts with entities and instrumentalities controlled by the Venezuelan government" in USA v. Naman Wakil, described as a citizen of Syria and permanent resident of the United States who used accounts "in the Cayman Islands, Switzerland, Panama, and elsewhere to promote the illegal bribery scheme and to conceal the nature and purpose of the proceeds", at the U. S. District Court for the Southern District of Florida.

USA v. Anthony Stimler: Criminal Information

Criminal Information alleging conspiracy to violate the Foreign Corrupt Practices Act and money laundering regarding an alleged bribery scheme involving individuals and entities in or from the British Virgin Islands, Cyprus, Israel, Mexico, Nigeria, Spain, Switzerland, United Kingdom, and USA in USA v. Anthony Stimler, a citizen of the United Kingdom who worked as a trader, at the U. S. District Court for the Southern District of New York.

Elizabeth von Pezold et al v. Zimbabwe: Petition to Recognize Arbitration Award

Petition to Recognize Arbitration Award of $263 million, £10 million, ZAR745,498, and €1,163, plus interest, for "Zimbabwe's expropriation of the von Pezolds' property" in Elizabeth Regina Maria Gabriele von Pezold, of Austria; Anna Eleonore Elisabeth Webber, of Austria; Heinrich Bernd Alexander Josef von Pezold, of Zimbabwe; Maria Juliane Andrea Christiane Katharina Batthyàny, of Austria; Georg Philipp Marcel Johann Lukas von Pezold, of Zimbabwe; Felix Alard Moritz Hermann, of Switzerland; Johann Friedrich Georg Ludwig von Pezold, of Scotland, and Adam Friedrich Carl Leopold Franz Severin von Pezold, of the Czech Republic, collectively descibed as "all members of the von Pezold family and are all German and Swiss nationals" v. Republic of Zimbabwe at the U. S. District Court for the District of Columbia.

Daniel Ocampo v. Dfinity Stiftung et al: Class Action Complaint

Class Action Complaint "on behalf of all investors who purchased Internet Computer Project tokens" alleging that the defendants "sold unregistered securities to investors in violation of the Securities Act" in Daniel Ocampo v. Dfinity USA Research LLC, of Delaware; Dfinity Stiftung, of Switzerland; Andreessen Horowitz, described as Menlo Park, California-based "private venture capital firm"; Polychain Capital, described as a San Francisco-based "cryptocurrency investment firm managing portfolios of digital assets", and Dominic Williams at the Superior Court of the State of California, San Mateo County.

Makhpal Karibzhanova v. Mubadala Fund et al: Discovery Application

Application by Makhpal Karibzhanova, described as "a citizen of Kazakhstan and is the former wife of a wealthy and politically-connected Kazakh businessman, Aidan Karibzhanov" whose "wealth is held in offshore structures and through nominee ownership around the world, making it necessary to gather evidence from a number of countries, including the United States, the United Kingdom, Switzerland, the United Arab Emirates, and Singapore, as well as Kazakhstan and a number of offshore jurisdictions", including the British Virgin Islands, Cayman Islands, Hong Kong, and Singapore, to take discovery from Mubadala Fund, Extell Developrnent, Edward Mermelstein, One and Only Realty, Eduard Ogai, Credit Suisse, American Express and others for use in legal proceedings in Kazakhstan, filed at the U. S. District Court for the Eastern District of New York.

SEC v. Mikhail Kokorich: Complaint

Complaint alleging fraud in U. S. Securities and Exchange Commission v. Mikhail Kokorich, described as a citizen of Russia residing in Switzerland who "since 2018 has faced repeated adverse determinations from U.S. government agencies for national security reasons", at the U. S. District Court for the District of Columbia.

Momentus Inc. et al: $8M Penalties

Administrative Order by the U. S. Securities and Exchange Commission imposing penalties of $8 million on Momentus Inc., Stable Road Acquisition Corp., SRC-NI Holdings LLC, and Brian Kabot for alleged securities fraud involving, inter alia, Mikhail Kokorich, described as "a Russian citizen residing in Switzerland".

SingularDTV GmbH v. John Doe: Complaint

Complaint alleging fraud and computer hacking in SingularDTV GmbH, described as a New York-based Swiss company "that uses blockchain technology to create a decentralized distribution ecosystem for the entertainment and film industries" v. John Doe at the U. S. District Court for the Southern District of New York.

Horus Malta Ltd.: License Cancellation

Public Notice by the Malta Financial Services Authority that it has cancelled the license of Horus Malta Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Horus Malta Limited was incorporated on September 14th, 2015, its sole director is Gilles Farrugia, described as a citizen of France residing in Switzerland, former directors include Xavier Rubio, who resigned effective June 1st, 2020; David Raphael Busuttil, who resigned effective April 16th, 2020; Thierry Leger, a citizen of France residing in London, England, who resigned effective November 6th, 2017, and Diandra Muscat, who resigned effective September 1st, 2017, and its sole shareholder is Horus Europe Holdings Limited, which was incorporated in Malta on September 10th, 2015, whose directors are Gilles Farrugia and Thierry Leger, and whose shareholders are 5G Limited, a Maltese company whose sole director and shareholder is Gilles Farrugia; Jeanval S.A.R.L., of Luxembourg; Salvino Busuttil, of Malta, and Michael Fornara, a citizen of the United Kingdom residing in France.

Diversified Real Estate Development Ltd. et al v. Deutsche Bank AG et al: Complaint

Complaint on behalf of entities in Bermuda, British Virgin Islands and Cayman Islands "to recover damages from Defendants for their participation in a global fraud that resulted in hundreds of millions of dollars of investor losses, looting of the Companies on a massive scale, and the creation of staggering liabilities for the Companies" in Michael Pearson, Andrew Childe, and Anna Silver, as Joint Official Liquidators of Diversified Real Estate Development Ltd. (in Official Liquidation), GMS Global Market Step Up Note Ltd. (in Official Liquidation), Preferred Income Collateralized Interest Ltd. (in Official Liquidation), Sentinel Investment Fund SPC (in Official Liquidation), SG Strategic Income Ltd. (in Official Liquidation), Sports Aficionados Ltd. (in Official Liquidation), Vanguardia Group Inc. (in Official Liquidation), and Michael Pearson, as Liquidator of Sentinel Mandate and Escrow Ltd. (in Liquidation), Vanguardia Holdings Ltd. (in Liquidation), Spyglass Investment Management Ltd. (in Liquidation), North Pointe Holdings (BVI) Ltd. (in Liquidation), Biscayne Capital Holdings Limited (in Creditor Voluntary Liquidation), and Biscayne Capital (B.V.I.) Ltd. (in Liquidation) v. Deutsche Bank AG, Deutsche Bank AG (London Branch), Deutsche Bank Luxembourg S.A., Deutsche Bank AG (New York Branch), Deutsche Bank Switzerland, Deutsche Bank Trust Companies Americas at the U. S. District Court for the Southern District of Florida.

ProAurum Ltd.: License Cancellation

Public Notice by the Malta Financial Services Authority that it has cancelled the 'Alternative Investment Fund Manager' license of ProAurum Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that ProAurum Limited was incorporated in Malta on February 20th, 2007, its sole director is Jean Pierre Schumacher, a citizen and resident of Switzerland; former directors include Mark Busuttil and David Griscti, who both resigned effective July 31st, 2020, and Stephan Zimmermann, who resigned effective February 15th, 2016, and its shareholders are Jean Pierre Schumacher and ProAurum Holdings Limited, a Malta company whose sole director is Jean Pierre Schumacher and whose shareholders are Jean Pierre Schumacher and ProAurum Limited.

Goce Gligorov v. Nation of Brunei et al: Complaint

Complaint for "an amount of not less than $400 million" alleging racketeering in Goce Gligorov, described as "a Slovenian national and businessman" v. Nation of Brunei, Brunei Investment Agency, described as "an arm of the Brunei Ministry of Finance"; Audley & Anton Property Management Limited, "based in London"; Sultan Hassanal Bolkiah, described as "concurrently Prime Minister, Foreign Minister, Defense Minister, Finance Minister and the head of Islam in Brunei"; Crown Prince of Brunei Al-Muhtadee Billah, described as "the eldest son of Sultan Hassanal Bolkiah and his wife Queen Saleha"; Dorchester Collection, "headquartered in London, U.K, is owned by the Brunei Investment Agency"; The Dorchester Group LLC, which, together with Dorchester Collection, "owns luxury hotels around the globe, including the Beverly Hills Hotel and Hotel Bel-Air in California"; Seven Properties AG, of Switzerland; PG Yusof Sepluddin, who "ran defendant Seven Properties AG"; Pehin Nawawi, described as "the Personal Confidential Secretary to the Sultan"; Pehin Yasmin, described as "the Minister for Energy in the Brunei Government ... who was also the Brunei Head of Intelligence"; HJ Zainal, described "ampjer ,ajor Brunei government figure"; HJ Aziyan, described as "the Brunei High Commissioner in London" during the "relevant period", and Pernigran (PG) Anak Haji Abdul Aziz, described "the head of Royal Protocol in Brunei" during the "relevant period", at the U. S. District Court for the District of Columbia.

USA v. Isac Schwarzbaum: Magistrate Judge’s Recommendation

U.S. Magistrate Judge's Report Recommending that the USA's Motion to Repatriate Foreign Assets be granted to satisfy a judgment in excess of $15 million for failure to disclose foreign accounts in Costa Rica and Switzerland in USA v. Isac Schwarzbaum, who was born in Germany and lives in Florida, at the U. S. District Court for the Southern District of Florida.

USA v. Amec Foster Wheeler Energy Ltd.: Criminal Information

Criminal Information alleging a bribery scheme involving, inter alia, Brazilian petroleum firm Petróleo Brasileiro - Petrobras, unidentified "intermediary" companies in Brazil and Monaco, and unidentified citizens of Brazil, Italy, United Kingdom and United States in USA v. Amec Foster Wheeler Energy Limited, of Switzerland, at the U. S. District Court for the Eastern District of New York.

Amec Foster Wheeler Ltd.: $22.7M Penalties

Administrative Order by the U. S. Securities and Exchange Commission imposing penalties totaling $22.7 million on Amec Foster Wheeler Limited, described as a Switzerland-domiciled parent of a group "with a significant presence in the United Kingdom", regarding "a bribery scheme to obtain an oil and gas engineering and design contract in Brazil" involving Petróleo Brasileiro S.A. - Petrobras.

Ferratum Bank: €3.75K Fine

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €3,750 on Ferratum Bank Plc for failure "to submit the Auditors' Management Letter within the regulatory deadline". Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Ferratum Bank Plc was incorporated in Malta on May 9th, 2012, its directors are Charles Borg, of Malta; Fritz Krause Clemens-Matthias, a citizen and resident of Germany; Victor Alexander Denaro, of Malta; Erik Mikael Ferm, a citizen of the United Kingdom residing in Malta; Jorma Olavi Jokela, a citizen of Finland residing in Switzerland; Lea Ligius, a citizen and resident of Estonia; Jussi Matti Eevertti Mekkonen, a citizen and resident of Finland; Klaus Oscar Schmidt, a citizen and resident of Germany, and Esa Tapani Teravainen, a citizen and resident of Finland, and its shareholders are Ferratum (Malta) Holding Limited, of Malta, and Ferratum, of Finland.

Briton Jonathan Ellis sues Binance and other crypto firms

British national Jonathan Ellis has filed a complaint in England against cryptocurrency firms domiciled in the Cayman Islands, Estonia, Lithuania, Seychelles, Switzerland, and United Kingdom, including cryptocurrency exchange Binance.

MAN Corp SA et al v. Innovate Mining Solutions LLC et al: Complaint

Complaint alleging fraud in MAN Corp S.A., of Switzerland, and MAN International DWC-LLC, of Dubai, in the United Arab Emirates v. Innovate Mining Solutions LLC, of Florida; Innovate Solutions Ltda RUT, of Chile, and Fernando E. Duque Cardoze, described as a citizen of Panama, at the Circuit Court of the 17th Judicial Circuit, in and for Broward County, Florida.

USA v. Swiss Life: Forfeiture Complaint

Forfeiture Complaint regarding $35 million associated with alleged tax evasion activity by "Swiss Life Holding AG, a Swiss insurance holding company, and three of its subsidiaries, Swiss Life (Liechtenstein) AG, Swiss Life (Singapore) Pte. Ltd., and Swiss Life (Luxembourg) S.A." in USA v. $35 Million at the U. S. District Court for the Southern District of New York.

Zuca Properties LLC: Chapter 11 Petition

Chapter 11 Petition by Zuca Properties LLC, a Delaware company based in Geneva, Switzerland, that "was established to acquire property investments", at the U. S. Bankruptcy Court for the Southern District of New York. The seven largest unsecured creditors, with claims totaling more than $55 million, include those based in Brunei Darussalam, Jersey, in the Channel Islands; Luxembourg, Switzerland, and the United States.

USA v. Isac Schwarzbaum: USA’s Motion to Repatriate Foreign Assets

Motion to Repatriate Foreign Assets to satisfy a judgment "in excess of $15 million" for failure to disclose foreign accounts in Costa Rica and Switzerland in USA v. Isac Schwarzbaum, who was born in Germany and lives in Florida, at the U. S. District Court for the Southern District of Florida.