Apex Fund Services

  • Home
  • Apex Fund Services

Christine Grablis et al v. OneCoin Ltd. et al: Second Amended Class Action Complaint

Second Amended Class Action Complaint alleging the defendants perpetrated "a massive fraud perpetrated on millions of individual investors throughout the world causing injuries in excess of $4 billion through a densely-packed multi-level marketing system" in Donald Berdeaux and Christine Grablis v. OneCoin Ltd., of Dubai; Ruja Ignatova, of Bulgaria; Sebastian Greenwood, "currently being held in federal custody in New York pending trial"; Mark Scott, "believed to have been domiciled in Coral Gables, Florida" who allegedly laundered fraud proceeds through accounts "in the Cayman Islands and the Republic of Ireland, among other locations"; David Pike, "believed to be domiciled in Coral Gables, Florida"; Nicole J. Huesmann, "believed to be domiciled in Coral Gables, Florida"; Gilbert Armenta, "believed to be domiciled in Lauderdale-by-the-Sea, Florida", and The Bank of New York Mellon Corporation, of New York, at U. S. District Court for the Southern District of New York.

Bermuda and Curacao funds used to launder $125M fraud proceeds, say police

Offshore funds in Bermuda and Curacao - ADG Absolute Diversified Growth Fund and Enterprise Emerging Markets Fund - were used by fraudsters in India to launder the proceeds of a $125 million investment scam by Bombay Stock Exchange-listed technology firm Geodesic Ltd., according to Mumbai police.

Tranen Capital Alternative Investment Fund Ltd.: Chapter 15 Petition

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the British Virgin Islands by Hadley Chilton and John Greenwood, as the Foreign Representatives of Tranen Capital Alternative Investment Fund Ltd., at the U. S. Bankruptcy Court for the Southern District of New York.

Six TIEA applications made in Bermuda over first 10 days of 2014

Bermuda's Minister of Finance has made six applications to Bermuda Supreme Court already this year for orders requiring local companies to produce records for foreign tax investigations. The respondents are Appleby (Bermuda) Ltd., ADG Absolute Diversified Growth Fund Ltd., Firstmark Ltd., The Boston Trust Company Ltd., c/o Codan Trust Company Limited; RUBiS Energy Bermuda Ltd. and RUBiS Bermuda Ltd.