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    • Elderly US investors sue offshore firms after losing nearly $7 m in Axiom, Argyle Funds & EEA Life
    Articles Axiom Legal Financing Fund Banks & Trusts Barbados Bermuda Canada Cayman Islands Channel Islands Featured Fraud Germany Guernsey Investment Liquidations & Insolvencies Netherlands United Kingdom USAJanuary 6, 2014

    Elderly US investors sue offshore firms after losing nearly $7 m in Axiom, Argyle Funds & EEA Life

    mm
    By
    10 years ago

    Topics

    Banks & Trusts Barbados Bermuda Canada Cayman Islands
    Channel Islands Fraud Germany Guernsey Investment Liquidations & Insolvencies Netherlands USA United Kingdom
    [ 9 more... ] [ top 5 ]

    Keywords

    Andrew Peat Andrew Peat Finanz Consultants GmbH Andrew Peat Group Holdings Argyle Funds SPC Axiom Legal Financing Fund
    Bermuda Commercial Bank Chesed Financial EEA Life Settlements Fund LVAR, L.P. Neil de ste Croix New Solutions Financial Corporation Profco International Stanley Chesed Timothy Schools
    [ 9 more... ] [ top 5 ]

    Highlights

    • Defendants are Bermuda Commercial Bank, BCB Paragon Trust, Neil de ste Croix, Andrew Peat Finanz Consultants GmbH, Andrew Peat, Stanley Chesed & Profco International
    • First public acknowledgement that US investors were among victims of Axiom Legal Financing Fund fraud

    Related Content

    Bermuda Commercial Bank and investment advisers are being sued in the United States on behalf of elderly trust fund beneficiaries who claim to have lost nearly $7 million in offshore investments, including Argyle Funds SPC and Axiom Legal Financing Fund, both of the Cayman Islands, and EEA Life Settlements Fund, of Guernsey.

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