David Marchant

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Privilege Wealth Plc: Third Progress Report of Administrators

Administrators' Progress Report by insolvency practitioners Stephen Katz and John Kelmanson regarding Privilege Wealth Plc, a British firm that collapsed after being exposed as the perpetrator of an investment fraud by OffshoreAlert in 2016.

Bill Browder: Hero or Villain?

London-based financier Bill Browder has positioned himself as an anti-corruption crusader who will stop at nothing to avenge the death of his former tax accountant, Sergei Magnitsky, who died in a Russian prison in 2009. Browder claims Magnitsky was tortured and murdered by corrupt Russian prison guards because he blew the whistle on a $230 million tax fraud committed against the state using companies that were stolen from Browder. He has been the driving force behind new laws in the USA and other countries that are aimed at Russians and others who are involved in corrupt activity. Critics of Browder, however, have accused him of being a fantasist, pointing out what they claim are inconsistencies and inaccuracies in his Magnitsky story, his tax fraud conviction in Russia, and his pre-Magnitsky history of business dealings they claim are questionable. In this session, we will attempt to determine fact vs. fiction.

Fedor Sannikov v. OffshoreAlert et al: Dismissal Order

Order of Dismissal for lack of prosecution in Fedor Sannikov v. KYC News, Inc., d.b.a. OffshoreAlert, and David Marchant at the Circuit Court for the 11th Judicial Circuit, in and for Miami-Dade County, Florida.
Chris Burton

Privilege Wealth suspends redemptions amid shooting & ‘$40m deficit’

Five months after being exposed as a fraud by OffshoreAlert, the Privilege Wealth investment scheme has collapsed, with an insider claiming there is a deficit of more than $40 million. Redemptions to investors have been suspended, Privilege Wealth's main office - a call center in Panama - has closed after the attempted murder of its boss - a fraud fugitive in Spain - and unpaid payroll and the group's registered agent in Gibraltar has resigned.

HELIX Investment: ‘Privilege Wealth intends to sue OffshoreAlert’

Announcement on the Bermuda Stock Exchange by HELIX Investment Management SLP, of Luxembourg, that the group it raises funds for, Privilege Wealth, intends to sue OffshoreAlert for defamation regarding an article exposing Privilege Wealth as a global investment fraud.

Opening Remarks

An introduction to the conference, its aims and a breakdown of who is in attendance.

Fedor Sannikov v. OffshoreAlert et al: Complaint

Complaint in Fedor Sannikov v. KYC News, Inc., d.b.a. OffshoreAlert, and David Marchant at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.

Closing Remarks

A wrap-up of the conference's main talking points.

Opening Remarks

An introduction to the conference, its aims and a breakdown of who is in attendance.

Offshore Investigations & Fraud Detection: A Practical Guide

Investigators who are experienced in conducting investigations and gathering intelligence in Offshore Financial Centers will discuss what information is typically publicly-available in OFCs, the importance of developing a network of contacts in jurisdictions that pride themselves on secrecy, and how to identify red flags that might suggest wrongdoing.

Opening Remarks

An introduction to the conference, its aims and a breakdown of who is in attendance.

Opening Remarks

An introduction to the conference, its aims and a breakdown of who is in attendance.

Roland Bleyer v. David Marchant et al: Complaint

Complaint for libel in Roland Frank Bleyer, a.k.a. Roland Husner, v. David Marchant and KYC News, Inc., d.b.a. OffshoreAlert, at the Supreme Court of New South Wales, Australia.

How to Identify Red Flags In The Offshore World

Fresh from exposing a $180 million fraud perpetrated by Cayman Islands-domiciled Axiom Legal Financing Fund, OffshoreAlert's publisher will show you how easy it is to identify red flags in the offshore world. Watch NowView Trailer

WATCH: Fraud & Murder in the Bahamas: The Hywel Jones Affair

The brother of murdered British businessman Hywel Jones will discuss the seemingly incompetent and/or corrupt police investigation into both his brother's death and an alleged $20 million fraud by Jones' former business partner, prominent Bahamian Lester Turnquest. This session will look at evidence of corruption in the Bahamas on a wider scale and go into problems that expatriate business people face when living and working in the jurisdiction.  EDITOR'S NOTE: The person who begins asking questions at the 50:16 mark is attorney Colin Callender, Managing Partner of Callenders & Co. law firm in the Bahamas. Although he did not disclose it when asking questions, Mr. Callender's law firm represents Lester Turnquest and, in fact, Lester Turnquest's brother, Stephen Turnquest, is a partner of Callenders & Co.   FREE - Watch Complete Session Now

Opening Remarks

An introduction to the conference, its aims and a breakdown of who is in attendance. Watch Now

Timothy Schools: Threatening Letter to Conference Hotel

Letter on behalf of Timothy Schools sent to Manager of The May Fair Hotel, in London on November 22, 2012 warning of "the threat" posed by OffshoreAlert's publisher, David Marchant, and advising that the hotel could be "named" in legal proceedings against OffshoreAlert

Roland Bleyer: Demand For Removal

Letter to OffshoreAlert from Erik Syverson, Pick & Boydston, LLP on behalf of Roland Bleyer, a.k.a. Roland Husner.

IIR/OffshoreAlert money laundering conference in New York

OffshoreAlert urges subscribers to join us at an anti-money laundering and compliance conference that we are helping to organize at the Sheraton New York Hotel & Towers on September 19-20, 2002.The conference, which OffshoreAlert is organizing in conjunction with the Institute for International Research, will contain many of the leading figures in onshore and offshore finance.

Imperial Consolidated files lawsuit against OBNR, seeks injunction

Imperial Consolidated PLC has followed in the footsteps of The Harris Organization and the First International Bank of Grenada and filed a libel lawsuit against OBNR and its principal, David Marchant. While the previous two lawsuits were filed at federal court in Miami, Imperial Consolidated filed its complaint at state court, specifically the Circuit Court of the Eleventh Judicial Circuit for Miami-Dade County, Florida, on February 21, 2001.

Imperial Consolidated Plc vs. David Marchant et al: Libel Complaint

Complaint alleging defamation and Motion for Preliminary Injunction in Imperial Consolidated Plc, of the United Kingdom vs. David Marchant and Offshore Business News & Research Inc. at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.

Imperial Consolidated threatens to sue OBNR

A Miami-based attorney representing the British-based Imperial Consolidated financial services group sent a letter to Offshore Business News & Research on February 7, 2001 stating that a lawsuit will be filed against OBNR and its principal, David Marchant, on Thursday, February 15, 2001 unless we retract "a plethora of libelous and slanderous statements" allegedly made against the group.

Offshore Alert editor to be featured on CBS News’ 48 Hours

CBS News' television program '48 Hours', which is hosted by Dan Rather and averages approximately 11 million viewers per show, has filmed Offshore Alert's editor, David Marchant, for a television program on Cybercrime that is due to be aired on the evening of Thursday, January 25, 2001.

First International Bank of Grenada Ltd. et al v. David Marchant et al: Dismissal Order

Final Order of Dismissal in First International Bank of Grenada Ltd., of Grenada; International Depositors' Reinsurance Corporation Ltd., doing business as IDIC, of Nevis, and World Investors' Stock Exchange Ltd., of Grenada v. David Marchant and Offshore Business News & Research, Inc. at the U. S. District Court for the Southern District of Florida.

OBNR defeats Harris Organization in libel lawsuit

The Harris Organization financial services group of Panama has lost its libel lawsuit brought against Offshore Business News & Research, which publishes this newsletter, and OBNR's principal, David Marchant. Judge Michael Moore, sitting in the United States District Court for the Southern District of Florida, issued a strong ruling in favour of OBNR and Marchant on August 10, 1999.
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