Argentum Group Articles British Virgin Islands Cayman Islands Channel Islands Featured Fraud Guernsey Hong Kong Investments Jersey Listed Securities New Zealand Regulatory Singapore Thailand United KingdomFebruary 22, 2014

CISE suspends Argentum Capital after OffshoreAlert exposes Ponzi scheme

david-keene
David Keene
mm
By
8 years ago

Topics

British Virgin Islands Cayman Islands Channel Islands Fraud Guernsey
Hong Kong Investments Jersey Listed Securities New Zealand Regulatory Singapore Thailand United Kingdom
[ 9 more... ] [ top 5 ]

Keywords

Andrew Pollard Argentum Group Barclays BDO Brendan Terrill
Bristows Buttonwood Legal Capital Carey Olsen Centaur Litigation Charles Russell Christopher Keats David Keene John Wetherall Orion Litigation Intermediaries Peter Rioda Sanne Group Sanne Trust Company Limited
[ 12 more... ] [ top 5 ]

Highlights

  • Major embarrassment for ACL's chairman, retired London High Court judge David Keene
  • Keene tipped off 3 months ago by OffshoreAlert that ACL was a scam but didn't even respond
  • Other ACL directors are John Wetherall, Peter Rioda, and Andrew Pollard
  • ACL listed by Carey Olsen Corporate Finance in 2011 & administered by Sanne Trust
  • Investment manager is Argentum Investment Management, of Cayman

Related Content

The Channel Islands Securities Exchange yesterday suspended the listing of London-based Argentum Capital Ltd. - three days after OffshoreAlert exposed the litigation fund as part of a £90 m Ponzi scheme headed by Briton Brendan Terrill, who operates Cayman-domiciled Centaur Litigation and Hong Kong-domiciled Buttonwood Legal Capital.
    • mm

    David Marchant

    David Marchant is the founder, owner, and editor of OffshoreAlert. He is a career journalist who has lived and worked in Wales, England, Bermuda, and the USA. Since launching OffshoreAlert in 1997, he has exposed more than 175 investment fraud and money laundering schemes and helped law enforcement, regulators, and asset recovery specialists imprison, discipline, and seize the assets of those responsible. Fraudsters have sued for defamation in Canada, Cayman Islands, England, Grenada, Panama, and the United States, with several plaintiffs subsequently going to prison, including one for 17 years. He has appeared in TV shows and documentaries, including The Daily Show with Jon Stewart, American Greed, We're Not Broke, and The Price We Pay and been quoted or referenced in countless news articles, books, and reports.

    Related Content

    brendan-terrill-duane-mcgaw

    Argentum Capital litigation fund financed by £90M Ponzi scheme

    February 18, 2014