Latest
Walkers law firm sued in Cayman by Kuwait fund investors alleging ‘hundreds of millions of dollars fraud’
Walkers law firms in the Cayman Islands and Dubai are being sued for alleged negligence by two Kuwait state-owned entities regarding a fund whose Arab investors were allegedly swindled out of hundreds of millions of dollars.
Isabella Hranov v. Deutsche Bank AG et al: Discovery Application
Application by Isabella Hranov, a citizen of Switzerland, to take discovery from Deutsche Bank AG and Deutsche Bank Trust Corporation for legal proceedings in Germany "against Deutsche Bank AG and Simon Biner" alleging securities fraud and breach of fiduciary duty involving "options of OC Oerlikon, a Swiss company whose shares were public but thinly traded", filed at the U. S. District Court for the Southern District of New York.
Hydro Energy 1 Sàrl et al v. Kingdom of Spain: Petition to Enforce €30M Arbitral Award
Petition to Enforce Arbitral Award of €30M in Hydro Energy 1 Sàrl, of Luxembourg, and Hydroxana Sweden AB, of Sweden v. Kingdom of Spain at the U. S. District Court for the District of Columbia.
Netherlands: Adam Attahir
Application by the USA to collect evidence from the "Paxful cryptocurrency exchange" - pursuant to a request for judicial assistance from the Netherlands - for a criminal investigation into "Dutch citizen Adam Attahir for fraud and possession of a technical tool designed for committing a crime".
USA v. May Salehi: Criminal Information
Criminal Information alleging fraud regarding "a multi-million dollar construction project known as a compound security upgrade to be performed at the United States Consulate in Hamilton, Bermuda" in USA v. May Salehi at the U. S. District Court for the Southern District of New York.
USA v. May Salehi: Plea Allocation
Consent to Plea Allocation in USA v. May Salehi at the U. S. District Court for the Southern District of New York.
Luckin Coffee Inc.: ‘Scheme of Arrangement’ Petition
Petition for the Court's sanction of a Scheme of Arrangement in the matter of Luckin Coffee Inc. (in Provisional Liquidation), described as "an investment holding company with its direct and indirect subsidiaries located in the British Virgin Islands, Hong Kong, the United States and the PRC", at the Grand Court of the Cayman Islands.
Barbados Gov’t ‘agent’ lost $6.7M in ‘COVID-19 vaccine fraud’
A Caribbean firm operated by Barbadian developer Mark Maloney that says it was hired by the Barbados Government to procure one million doses of a COVID-19 vaccine for the country's population claims to have been swindled out of $6.7 million. It's not clear from a complaint filed at federal court in the U.S. last week whether the amount originated from the Government or the company, Rational Investments Ltd.
British fraudster Richard Fagan’s Coworth Investments reports net liabilities of £500K
British firm Coworth Investments Ltd., which is operated by British and Irish serial fraudster Richard Fagan, has reported net liabilities of £559,494 in its latest financials.
Centurion Administration Ltd.: £52K Settlement
Public Notice announcing that Centurion Administration Limited has agreed to pay £52,500 to settle a regulatory investigation by the Gibraltar Financial Services Commission.
Coworth Investments Ltd.: 2020 Accounts
Unaudited Financial Statements for 2020 of Coworth Investments Ltd., filed with Companies House for England and Wales.
Radical Investments Ltd. v. Good Vibrations Entertainment LLC et al: Complaint
Complaint alleging a $6.7 million fraud involving "non-existent doses" of a COVID-19 vaccine "for the purpose of vaccinating nearly 300,000 citizens of the island of Barbados" in Radical Investments Ltd., described as a St. Lucia company based in Barbados v. Good Vibrations Entertainment LLC, of Florida; Alex Lee Moore, a.k.a. Flex Moore; Prestige Pegasus LLC, of Colorado; Moniladae Coley, a.k.a. Moniladai Coley; Charles Stein, .k.a. Charlie Stein, a lawyer in California; Davidovich Stein Law Group LLC, a law firm California, and RDS Cargo Group DWC LLC, described as a Polish company based in the United Arab Emirates, at the U. S. District Court for the Southern District of Florida.
JGC Ventures Pte. Ltd. et al: Chapter 15 Petition
Application for Recognition of a Foreign Main Proceeding in Singapore by William Honoris, as the Foreign Representative of JGC Ventures Pte. Ltd. and Modernland Overseas Pte. Ltd., both of Singapore and part of "one of Indonesia’s largest and most prominent property developers, with various high-profile projects", filed at the U. S. Bankruptcy Court for the Southern District of New York.
SEC v. Simon Thurlow et al: Complaint
Complaint alleging fraud in U. S. Securities and Exchange Commission v. Simon Piers Thurlow, described as a citizen of the United Kingdom residing in New York; Roger Leon Fidler, Richard Oravec, Bradley Fidler, Bryce Emory Boucher, Joseph D. Jordan, and Western Bankers Capital Inc. at the U. S. District Court for the Southern District of New York.
USA v. Stefan Qin: Criminal Judgment
Criminal Judgment imposing a prison-term of seven-and-a-half years for a cryptocurrency-based securities fraud involving two Cayman Islands-domiciled, New York-based investment funds, Virgil Sigma Fund and VQR Multistrategy Fund, in USA v. Stefan He Qin, a citizen of Australia residing in New York, at the U. S. District Court for the Southern District of New York.
Terra Invest LLC v. Vladislav Doronin: Discovery Application
Application by Terra Invest LLC to take discovery from Vladislav Doronin "for use in foreign civil and criminal proceedings pending and under investigation in Russia" involving "a fraudulent scheme that forced Terra Invest out of a lucrative residential real estate project located in Moscow", filed at the U. S. District Court for the Southern District of Florida.
Border Timbers Ltd. et al v. Republic of Zimbabwe: Petition to Enforce $164M Arbitral Award
Petition to Enforce Arbitral Award of $164 million in Border Timbers Limited and Hangani Development Co. (Private) Limited, both of Zimbabwe v. Republic of Zimbabwe at the U. S. District Court for the District of Columbia.
Mark Oppenheimer v. Marlin Hawk Holdings Ltd. et al: Notice of Removal
Notice of Removal, including a copy of the complaint alleging unjust enrichment, in Mark Oppenheimer, described as "an accomplished professional in the executive search industry" residing in Atlanta, Georgia v. Marlin Hawk Holdings Limited, of England, and Marlin Hawk Group Plc, of Maryland, at the U. S. District Court for the Southern District of New York.
John Felder v Sandra Hill: CI$105K Judgment
Judgment for CI$105,000 in John Felder v. Sandra Hill at the Grand Court of the Cayman Islands.
CFTC v. Rudy Avila et al: Complaint
Complaint alleging a $5.35 million investment fraud in Commodity Futures Trading Commission v. Rudy Avila, a.k.a. Jose Rodolfo Avila Gutierrez, described as a resident of Texas; The L.I.F.T Group LLC, of Texas; CIG Internacional SA, a.k.a. Commodity Investment Group, a.k.a. CIG Internacional, a.k.a. CIG International, of Costa Rica; Trading Technologies Group SA, of Costa Rica; Trading Ventures Group LLC, described as a Texas company that claimed to have offices in Texas and London, England; Capital Ventures Group LLC, of Texas, and Ventures Group LLC, of Texas, at the U. S. District Court for the Northern District of Texas.
4 New Square Ltd. et al v. Person or Persons Unknown: Injunction Order
Injunction Order regarding "a cyber-attack on the Applicants on or about 12 June 2021 and/or who has threatened to disclose the information thereby obtained" in 4 New Square Limited, a law firm based in London, and The Members of 4 New Square v. Person or Persons Unknown at the High Court of Justice for England and Wales.
Sustainable Opportunities Acquisition Corp. v. Ethos Fund I LP et al: Complaint
Complaint in Sustainable Opportunities Acquisition Corp., now known as The metals company Inc., described as a Texas-based "special purpose acquisition company" that was formed in the Cayman Islands before re-domiciling to Canada v. Ethos Fund I LP, Ethos GP LLC, and Ethos DeepGreen PIPE LLC at the U. S. District Court for the Southern District of New York.
Ryan Cox v. Binance et al: Class Action Complaint
Class Action Complaint in Ryan Cox v. CoinMarketCap OpCo LLC, described as Delaware company that operates "a coin ranking site"; Binance Capital Management Co. Ltd., d.b.a. Binance and Binance.com, described as the operator of "a cryptocurrency exchange"; BAM Trading Services Inc., d.b.a. Binance.us; Changpeng Zhao, apparently a citizen of Canada and China; Catherine Coley, Yi He, and Ted Lin at the U. S. District Court for the District of Arizona.
Poland: Capital One Bank
Application for the appointment of a Commissioner to collect evidence from Capital One Bank - pursuant to a request for judicial assistance from Poland - for a criminal investigation into "an unknown subject using the name James Boguslawski" for suspected fraud.
Poland: JPMorgan Chase Bank
Application for the appointment of a Commissioner to collect evidence from JPMorgan Chase Bank - pursuant to a request for judicial assistance from Poland - for a criminal investigation into an "unknown subject(s) for fraud".
Say hello to OffshoreAlert’s new look
This weekend, we launched a new website and logo as part of a refresh of our visual identity. In addition to the revamp, we've improved usability and the overall experience for visitors.
Ewart Brown v. Director of Public Prosecutions et al: Recusal Ruling
Ruling on Ewart Brown's application for the recusal of the judge in Ewart Frederick Winslow Brown, a former Premier of Bermuda who was criminally indicted for alleged corruption in March 2021 v. The Director of Public Prosecutions, Attorney General, and Deputy Governor at Bermuda Supreme Court.
Roderick Caruana: €61K Fine
Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €61,573 on Dr. Roderick Caruana for regulatory breaches.
Germany: EastWest Bank et al
Application for the appointment of a Commissioner to collect evidence from EastWest Bank, US Bank, and SunTrust Bank - pursuant to a request for judicial assistance from Germany - for a criminal investigation into "multiple subjects for fraud".
Austria: Bank of America
Application for the appointment of a Commissioner to collect evidence from the Bank of America - pursuant to a request for judicial assistance from Austria - for a criminal investigation into attempted fraud.