Hedge fund administrator Citco Group and related parties have agreed to pay $26.25 million to settle litigation brought on behalf of investors in funds domiciled in the Cayman Islands and BVI that Citco sold to fraudster Buddy Fletcher’s Fletcher International Group, which then allegedly looted them.
Articles Bermuda British Virgin Islands Cayman Islands Curaçao Featured Investment Liquidations & Insolvencies Monaco Netherlands Netherlands Antilles Switzerland United Kingdom USAAugust 12, 2017
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Bermuda British Virgin Islands Cayman Islands Curaçao InvestmentKeywords
Alphonse Buddy Fletcher America Alternative Investments Inc. CFS Corporation Ltd. Christopher Smeets Citco Group