Augury Hedge Fund

Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million over 22 months, OffshoreAlert can reveal. Despite a plethora of red flags, the Cayman Islands Monetary Authority continues to license Leach's Managing Partners Group and its funds and the group also operates entities in the British Virgin Islands, England, Malta, Spain, and Switzerland.

Tenth Report of the Joint Official Liquidators of Cayman Islands-domiciled Traded Life Policies Fund and Diversified Settlements Fund, both in Official Liquidation.

Joint Official Liquidators' Ninth Report regarding Traded Life Policies Fund and Diversified Settlements Fund (both in Official Liquidation), both of the Cayman Islands.

Judgment granting a winding up petition in Traded Life Policies Fund (in Official Liquidation) v. Diversified Settlements Fund at the Grand Court of the Cayman Islands.

'Letter Before Action' from Maples and Calder to fellow Cayman Islands law firm Stuarts Walker Hersant, acting for the former directors of Traded Life Policies Fund, namely Jeremy Leach and Bill McClintock.

A Cayman Islands fund - Traded Life Policies Fund - has become the latest investment scheme operated by Marbella-based, British fund manager Jeremy Leach to collapse in dubious circumstances.