KPMG (Vanuatu) is among several defendants who are being sued for $45 million in damages by the Receiver of a failed viaticals company that was allegedly operated as a Ponzi scheme.The lawsuit was filed by Michael J. Quilling, as Receiver for ABC Viaticals Inc. and related parties, at the U. S. District Court for the Northern District of Texas on March 6, 2007.The defendants are International Fidelity & Surety Limited and International Consultants & Management Ltd., both “allegedly” incorporated in Vanuatu, sharing the same registered agent of Trusco Holdings Limited, at Hawkes Law House, Rue Pasteur, Port Vila, Vanuatu; Surety Marketing Source LLC, incorporated in Michigan; KPMG (Vanuatu), a partnership organized in Vanuatu; Hawkes Law, a Vanuatu accounting firm which has a correspondent relationship with KPMG; KPMG International, organized in Switzerland; Boswell Dermott & Pawlett LLP, formed in the United Kingdom; Mohan & Associates, incorporated in India; David A. Goldenberg, a resident of Michigan; DAG Investments LLC, incorporated in Michigan; LPG Investments LLC, incorporated in Michigan; WED Marketing LLC, incorporated in Michigan; Galax Holdings Ltd., based in the United Kingdom; Mark Wolok, a resident of Michigan; Linda Wolok, a resident of Michigan; and Arie Kotler, a resident of Manhattan, NY.
KPMG (Vanuatu) sued following collapse of viaticals firm
16 years ago
TopicsFraud Investment Liquidations & Insolvencies USA United Kingdom [ 1 more... ] [ top 5 ]
KeywordsABC Viaticals Inc. Arie Kotler Boswell Dermott & Pawlett LLP DAG Investments LLC David Goldenberg
Galax Holdings Ltd. Hawkes Law International Consultants & Management Ltd. International Fidelity & Surety Limited KPMG Linda Wolok Liquidations & Insolvencies LPG Investments LLC Mark Wolok Michael Quilling Mohan & Associates Trusco Holdings Limited Unlimited Bond Source WED Marketing LLC[ 14 more... ] [ top 5 ]