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EXPOSED: Belvedere Management’s massive criminal enterprise

david-cosgrove-cobus-kellermann
David Cosgrove (l) & Cobus Kellermann (r)
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By
7 years ago

Topics

Banks & Trusts British Virgin Islands Cayman Islands Channel Islands Cyprus
Denmark Fraud Gibraltar Guernsey Hong Kong Insurance Investments Ireland Liquidations & Insolvencies Listed Securities Mauritius Money Laundering Panama Regulatory Seychelles South Africa Switzerland United Kingdom
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Keywords

ABN Amro Abroad Spectrum Achilles High Yield Fund Alexander Burgess Anthony Constantinou
Apollo Managed Strategies Fund Ashwin Borthosow Basileus Capital Belvedere Group Brendan Gallagher Brighton SPC Brilliant Investment Group Caldora International Fund Carey Olsen Channel Islands Securities Exchange Christopher Meredith CityGate Securities Clarus Asset Managers Cobus Kellermann Cottons Financial Planning Group CW Markets Limited CWM Daryn Hutchinson David Dawson Cosgrove David Egglishaw David John Dawson Deepak Ruhee Donna Francis Drake Fund Advisors DRSL Management Elias Karakitsos ePortfolio Solutions Four Elements PCC Generation Life Global Mutual Fund PCC Guildhall Asset Management Guildhall Protected Cell Company Harlequin Property Fund Herman Pretorius Ian Roger Parry Johannesburg Stock Exchange John Cullinane John Mather Julian Williams Julie Lamberth-Dawson Kenneth Maillard Kijani Commodity Fund Kwanda African Growth Fund Lancelot Global PCC Lancelot Management Laval Law How Hung London Asset Management Company Lynette Megan May-Hammond Magdala Mullegadoo Marie Michele Francess Henriette Mark Albinson Martin Bennett Mauritius Stock Exchange Melampus Asset Management Melodie Grenouille Neal Meader Paul Everitt Peter Radford Rani Jeebun RDL Management Rejuvenation PCC Rhett Royston Hammond Richard Fagan Rushdee Toorbuth Sachin Bundhoo Saffery Champness Stephen Cuddihee Stonewood FX Management Summit Management Swetha Megnath Swiss Asset Micro Assist Income Fund Teleraka Investments Theseus Property Fund Two Seasons PCC United Asset Management Universal Mutual Fund ICC Venture Assets PCC Vidushi Sohawon Vishal Munisami Vishan Utchapah Wafiq Shariah Fund PCC Worldwide Mutual Fund
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Highlights

  • $130 million Cayman Ponzi scheme under Brighton SPC umbrella fund
  • City of London police investigating £100 m-plus Ponzi scheme by 'CWM'
  • Both schemes part of rampant fraud by Belvedere Management Group
  • Group headed by David Cosgrove, Cobus Kellermann and Kenneth Maillard
  • Belvedere operates in many countries, particularly Mauritius, Guernsey, Cayman & South Africa

Related Content

Offshore fund group Belvedere Management, which claims to have $16 billion of assets under administration, management and advisory, appears to be one of the biggest criminal financial enterprises in history, headed by David Cosgrove, Cobus Kellermann and Kenneth Maillard, OffshoreAlert can reveal.
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    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.

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