Middle East-based British polo players led by Richard Fagan who fund their lavish lifestyles through investment fraud have set up a fake 'Swiss bank' and are trying to take over a Cayman Islands fund, OffshoreAlert can reveal.
Writ of Summons in Safeguard Management Limited, of the Cayman Islands v. XiO Cayman Limited, of Nevis, at the Grand Court of the Cayman Islands.
For the second time in less than two months, Cayman Islands-based "tokenized venture capital fund" Invictus Hyperion has filed a lawsuit in the U.S. claiming it was swindled in an Initial Coin Offering "pre-sale" by another Cayman firm, this one called Gamedex Ltd.
Complaint alleging fraud regarding the MET/One digital tokens in Invictus Hyperion, of the Cayman Islands v. Menlo, Inc., d.b.a. Menlo One, of Delaware; Menlo Corp., of the Cayman Islands; Matthew Nolan, of New York; Tiaan Wolmarans, of South Africa; David Dawson, of New York; Marcie Grambeau, of New York, and Jake Baval, of New York, at the U. S. District Court for the Southern District of New York.
Decision Notice by the Cayman Islands Monetary Authority regarding the cancellation of the director registration of Oliver-Barret Lindsay, a citizen of Canada.
Oliver-Barret Lindsay, Gannon Giguiere, and John Geraci were criminally charged in the United States over a 13-day period recently concerning two separate alleged investment frauds involving the Cayman Islands.