The remarkable story of how a network of bankers, stock traders, and lawyers swindled Europe's taxpayers out of €55 billion in a scam involving dividend taxes, as exposed by a joint investigation by 19 European media from twelve countries, coordinated
This session will look at Carousel VAT fraud schemes, including The mechanics of carousel VAT fraud schemes Regulatory and enforcement options The role of investigative and intelligence consultancies in the prevention,
In a landmark ruling for the Cayman Islands in May, 2018, the jurisdiction's Chief Justice dismissed rival multi-billion dollar claims in a dispute between a Saudi Arabian family and a Kuwait-born businessman. The case of 'Ahmad Hamad Algosaibi & Brothers Company v. Al-Sanea and others' involved allegations of a $126 billion fraud arising from one of the largest corporate collapses during the 2008 financial crisis. In his 1,300-page ruling, Chief Justice Anthony Smellie described the scheme at the heart of the dispute as "one of the largest Ponzi schemes in history". This session will analyze the long-running dispute, what it says about the Grand Court of the Cayman Islands' ability to handle complex litigation, the consequences of the judgment, and what it means for future litigation.
The definitive inside account of Malaysia's 1MDB scandal, which managed to swindle over $5 billion with the aid of Goldman Sachs and others, exposing the secret nexus of elite wealth, banking, Hollywood, and politics. In 2009, with the
In this session, whistleblowers' attorney Steve Kohn will discuss how his client, Howard Wilkinson, blew the whistle on his former employer, Denmark based Danske Bank, which has been implicated in a €200 billion Russian money laundering scandal and is now
Investigators and others who specialize in offshore finance will discuss emerging key issues affecting the industry in the areas of transparency, beneficial ownership, products, services, trends, and anything else of importance and significance. The session will be informal and questions
This session will look at extraordinary allegations of billion dollar fraud and corruption involving 1Malaysia Development Berhad, which is controlled by the Government of Malaysia and was set up ostensibly to facilitate long-term economic investment for the country through global partnerships and promoting foreign direct investment.
This session will look at the increasing problem of fake news, how it can influence public opinion, and look into why certain people are susceptible to fake news that, to others, is clearly not believable.
After a thorough review of 15 years of SEC enforcement actions, Professor Urska Velikonja found that the widely-circulated statistics were invalid, and the metrics deeply flawed, with the SEC double and triple counting many of its enforcement actions and overstating fines.
This session will look at the causes, including systemic corruption, of Brazil's financial crisis and discuss how the country's situation can be improved.
Fraud & Corruption In The Caribbean: How Was The £400 m Harlequin Property Scam Allowed To Go On For So Long & Who Can Be Held Liable?
This session will look at an investment fraud perpetrated by a British former bankrupt double-glazing salesman whose group raised more than £400 million from 6,000 mainly British pension investors by selling the dream of properties in St. Vincent & The Grenadines, Barbados and St. Lucia.
This session will look at binary options fraud, which has become a global phenomenon, particularly in Israel, where many of the perpetrators are based.
This session will present evidence that fraud is not an occasional occurrence by rogue employees among Wall Street's major financial institutions and their service providers but is, in fact, a business model. This session will include looking at Wells Fargo's creation of millions of fake accounts to boost revenues.
This session will review the massive offshore tax fraud committed by the billionaire Texas business moguls Samuel Wyly and Charles Wyly, and the numerous financial planning errors that caused their collapse, including improperly-used offshore trusts, lack of minimal disclosure, overly complex structures, failed tax strategies and the inability to use current aggressive tax avoidance methods as a substitute.
This session will look at how the 'Bloomberg Billionaires Index' is calculated, with an emphasis on the calculation of the net worth of Donald Trump, who is either insolvent or very wealthy, depending on who you ask.
Supreme Court Justice Ian Winder and two Queens Counsel, Brian Moree and Brian Simms, will discuss how the commercial courts are functioning and areas for improvement.
Short-seller Keith Dalrymple will discuss how he exposed Bermuda-domiciled, New York Stock Exchange-listed reinsurer Gerova Financial Group Ltd., contributing to its collapse, criminal indictments against Gerova's principals and a smear campaign against him and his investment research company.
A sickening child-abuse scandal, a U.S. journalist banned from the jurisdiction simply for trying to conduct an investigation, money laundering scandals, endemic corruption and cover-ups galore. Is Jersey truly immoral to a degree that is scarcely believable or is it misunderstood? An attorney who is based on the island reveals all.
The Sunday Times' 'Insight' investigative unit receive a cache of hundreds of millions of secret documents from a whistleblower detailing corruption and bribery within football's world governing body, FIFA, that led to Qatar being awarded the 2022 World Cup. The Editor of that unit will discuss the investigation and the evidence.
This session will look at how tens of billions of dollars of criminal proceeds from eastern Europe are laundered into the West, with the help of offshore structures and Russian banks owned by Vladimir Putin's cousin.
A review of the first six years of the Commercial Court in the British Virgin Islands, which was set up to adjudicate in disputes arising from the jurisdiction's thriving international business sector.
The United Kingdom property market, particularly in London, has become a notorious money laundering tool for Russian oligarchs and other wealthy individuals in recent years. As a result, real estate prices have been surging and an increasing number of properties are owned through offshore entities. This session will delve into the phenomenon, including providing case studies of abuse, identifying individuals involved and discussing their methods.
This session will look at a 10-year legal battle between the USA and the liquidators of Eurofed Bank, in Antigua, for control over assets accumulated by corrupt former Ukraine Prime Minister Pavlo Lazarenko.
OffshoreAlert has assembled a panel of the most important people in the history of whistleblowing to take you inside the UBS and HSBC leaks and discuss material issues, including the treatment of whistleblowers by law enforcement and tax collection agencies, how the system can be improved, the extent of global tax evasion and the involvement of the world's major banks.
This session will look at how Canadians Cullen Johnson and Elaine White were able to pull off a bizarre offshore asset recovery and investigative scam from offices in the Bahamas and Turks and Caicos Islands.
This session will look at Raoul Weil's successful defense strategy, key legal and trial issues, and the implications for other foreign bankers and advisers who find themselves similarly charged with helping U.S. taxpayers evade taxes.
British attorney Laurence Harris will talk about his experiences leading one of the world's largest civil asset recovery programs, which has recovered substantial assets for the people of the Turks and Caicos Islands.
In this session, panelists with direct knowledge of 'Operation Tempura' will discuss the investigation, seek to explain why it experienced so many problems and offer their views on what it says about the Cayman Islands and its relationship with the United Kingdom.
The 'twists-and-turns' story of how US$240 million in steel boxes was reportedly smuggled out of Libya after the fall of the Gaddafi regime, and how a sting operation to recover the funds for the people of Libya was pursued.
The 2012 Evolving Offshore Voluntary Disclosure Program: An Update of Hazards, Opportunities, & More
This session will explore numerous hazards, opportunities and practical applications of the 2012 OVDP, including a review of numerous technical issues and input for how to address these issues. Watch Now View Trailer
This session will look at what caused the crisis, the financial impact on clients of Cyprus' offshore sector, which jurisdictions are likely to benefit from the problems, and whether the debacle could be repeated in other OFCs. Watch NowView Trailer
A look at the pros and cons of the Cook Islands and other jurisdictions in the area of international asset protection. Watch NowView Trailer
The brother of murdered British businessman Hywel Jones will discuss the seemingly incompetent and/or corrupt police investigation into both his brother's death and an alleged $20 million fraud by Jones' former business partner, prominent Bahamian Lester Turnquest. This session will look at evidence of corruption in the Bahamas on a wider scale and go into problems that expatriate business people face when living and working in the jurisdiction. EDITOR'S NOTE: The person who begins asking questions at the 50:16 mark is attorney Colin Callender, Managing Partner of Callenders & Co. law firm in the Bahamas. Although he did not disclose it when asking questions, Mr. Callender's law firm represents Lester Turnquest and, in fact, Lester Turnquest's brother, Stephen Turnquest, is a partner of Callenders & Co. FREE - Watch Complete Session Now
The Global Financial Centres Index is a ranking of the competitiveness of 77 financial centres based on 26,180 financial centre assessments from an online questionnaire together with over 80 indices. It is compiled and published twice a year by Z/Yen Group with sponsorship from the Qatar Financial Centre Authority. A representative of Z/Yen Group will discuss the quality of various OFCs and how they compare with their on-shore equivalents, based on Z/Yen's research. Watch NowView Trailer
Posing as would-be money launderers, corrupt officials, and terrorist financiers in need of anonymous shell companies, academics-turned-investigators approached more than 3,700 corporate service providers that operate in 182 onshore and offshore countries/jurisdictions. In this presentation, one of those investigators will discuss what they discovered. Watch Now View Trailer