Global Access Investment Advisor LLC

A wealthy Brazilian family that owns the Bourbon Hotels & Resorts luxury hotel chain - headed by Alceu Antimo Vezozzo - has accused two investment advisors - Raquel Borges and Rita Ramoni - of using offshore structures in the Bahamas and BVI to steal virtually the entire $14 million of assets they were entrusted to manage.

Allegations of financial impropriety have been made against two former senior officers of the Cayman Islands operations of the Portugal-headquartered Banif Financial Group.

Writ of Summons filed by Banif Banco Internacional do Funchal (Cayman) Ltd. and Finab-International Corporate Management Services Ltd. against Fernando Mendes at the Grand Court of the Cayman Islands.

Complaint filed by Global Access Investment Advisor LLC and Global Access Consultoria Financeira Ltda against Oscar Lopes, Pali Capital Inc. and BANIF Banco Internacional Do Funchal (Cayman) Ltd. at New York State Supreme Court.