Income Collecting 1-3 Months T-Bills Mutual Fund

Complaint "to recover $3,000,000 from a Defendant who received such proceeds illegitimately from a contract counterparty to the Fund and despite any known right to receive or retain them" in Income Collecting 1-3 Months T-Bills Mutual Fund (in Official Liquidation), of the Cayman Islands v. Karen Aigen, a.k.a. Keren Katya Aigen, described as a resident of California, USA who "was married to Ofer Abarbanel", at the U.S. Bankruptcy Court for the Southern District of New York.

Petition by Keiran Hutchison and Igal Wizman, as Joint Official Liquidators of Income Collecting 1-3 Months T-Bills Mutual Fund v. Global EMEA Holdings LLC (in Official Liquidation) v. Global EMEA Holdings LLC, of Las Vegas, Nevada, USA, at the Grand Court of the Cayman Islands.

Complaint alleging defamation in Chris Johnson & Associates Ltd., described as a Cayman Islands-domiciled firm of insolvency practitioners v. Keith Kelty, described as "a Director of a Mutual Fund Administrator called "Fundhaven", which is registered in The Bahamas", and Mosaic Financial Ltd., described as "a Licensed Broker-Dealer registered with the Securities Commission of The Bahamas", at Bahamas Supreme Court.

A discussion of the watershed SEC/Offshore Liquidators compromise in the liquidation of Cayman Islands-domiciled Income Collecting 1-3 Months T-Bills Mutual Fund and what it means for future insolvencies. Speakers: Guy Dilliway-Parry, Partner, Pirestleys; Igal Wizman, Partner, EY Bahamas; and Warren Gluck, Partner, Holland & Knight.

Judgment in U. S. Securities and Exchange Commission v. Victor Chilelli at the U. S. District Court for the Southern District of New York.

Order Granting Recognition of a Foreign Main Proceeding in the Cayman Islands in the matter of Income Collecting 1-3 Months T-Bills Mutual Fund at the U. S. Bankruptcy Court for the Southern District of New York.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Igal Wizman and Keiran Hutchison, as the Joint Official Liquidators of Income Collecting 1-3 Months T-Bills Mutual Fund, of the Cayman Islands, filed at the U. S. Bankruptcy Court for the Southern District of New York.

Judgment regarding an application by Keiran Hutchison and Igal Wizman, of EY Cayman Ltd. and EY Bahamas Ltd., respectively, as Joint Official Liquidators of Income Collecting 1-3 Months T-Bills Mutual Fund (in Official Liquidation), to enter into a "compromise and consent order with the Securities and Exchange Commission of the United States of America" and "an agreement with Mosaic Financial Limited" and to pay an interim dividend to creditors, filed at the Grand Court of the Cayman Islands.

Final Judgment in U. S. Securities and Exchange Commission v. Income Collecting 1-3 Months T-Bills Mutual Fund (in Official Liquidation), of the Cayman Islands, at the U. S. District Court for the Southern District of New York.

Amended Complaint alleging fraud in U. S. Securities and Exchange Commission in Ofer Abarbanel, described as a citizen of Israel residing in California who "controls bank accounts in at least Israel, Singapore, and the Cook Islands - and likely the Cayman Islands and the Bahamas"; Victor Chilelli, described as a citizen of the USA residing in Delaware; Income Collecting 1-3 Months T-Bills Mutual Fund, of the Cayman Islands, and New York Alaska ETF Management LLC, of Nevada, as Defendants, and Institutional Syndication LLC, North American Liquidity Resources LLC, Institutional Secured Credit LLC, Growth Income Holdings LLC, CLO Market Neutral LLC, and Global EMEA Holdings LLC, as Relief Defendants, at the U. S. District Court for the southern District of New York.

Administrative Order by the U. S. Securities and Exchange Commission imposing a fine of $30,000 on Nicholas Abbate, a resident of Staten Island, New York, for "his role in assisting others in a course of business that operated as a fraud or deceit upon clients and investors", including a mutual fund in the Cayman Islands that is not identified in the order but which OffshoreAlert believes is the Income Collecting 1-3 Months T-Bills Mutual Fund.

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Russell Homer and Karen Scott, as the Joint Voluntary Liquidators of Income Collecting 1-3 Months T-Bills Mutual Fund, of the Cayman Islands, filed at the U. S. Bankruptcy Court for the Southern District of New York.

Criminal Indictment alleging a fraud of "at least $106 million" involving Cayman Islands-domiciled Income Collecting 1- 3 Months T- Bills Mutual Fund in USA v. Ofer Abarbanel at the U. S. District Court for the Southern District of New York.

Directors in the Bahamas and British Virgin Islands - Boisy Roberts and Trevor Liburd - signed a declaration of solvency for an apparently insolvent Cayman Islands mutual fund so it could go into voluntary liquidation despite its assets being frozen one day earlier after the Fund was sued by the U.S. SEC for allegedly perpetrating a $106 million fraud, say the Fund's liquidators.

Petition for Court Supervision of a Voluntary Liquidation by Russell Homer and Karen Scott, of Chris Johnson Associates, in the matter of Income Collecting 1-3 Months T-Bills Mutual Fund at the Grand Court of the Cayman Islands.

Complaint alleging "a fraudulent investment scheme" in U. S. Securities and Exchange Commission v. Ofer Abarbanel, described as a citizen of Israel residing in California; Victor Chilelli, described as a resident of Delaware, and Income Collecting 1-3 Months T-Bills Mutual Fund, described as "a mutual fund registered in the Cayman Islands", as Defendants, and Institutional Syndication LLC, North American Liquidity Resources LLC, Institutional Secured Credit LLC, Growth Income Holdings LLC, and Global EMEA Holdings LLC, as Relief Defendants, at the U. S. District Court for the Southern District of New York. Editor's Note: In the complaint, the SEC alleged that "Abarbanel and Chilelli arranged for friends (including a friend's wife) and nominee personnel in the Bahamas and British Virgin Islands to serve as directors of the Fund". Research by OffshoreAlert at the Cayman Islands General Registry showed that the directors of Income Collecting 1-3 Months T-Bills Mutual Fund are Boisy Roberts, of the Bahamas, and "Trevo Liburd", of the British Virgin Islands, which appears to be a typo and a reference to Trevor Liburd.

Director Details for Income Collecting 1-3 Months T-Bills Mutual Fund, obtained from the Cayman Islands General Registry on June 21st, 2021.

Asset Freeze Application in U. S. Securities and Exchange Commission v. Ofer Abarbanel, described as a citizen of Israel residing in California; Victor Chilelli, described as a resident of Delaware, and Income Collecting 1-3 Months T-Bills Mutual Fund, described as "a mutual fund registered in the Cayman Islands", as Defendants, and Institutional Syndication LLC, North American Liquidity Resources LLC, Institutional Secured Credit LLC, Growth Income Holdings LLC, and Global EMEA Holdings LLC, as Relief Defendants, at the U. S. District Court for the Southern District of New York.

Search Report for Income Collecting 1-3 Months T-Bills Mutual Fund, obtained from the Cayman Islands General Registry on June 21st, 2021.

Cayman Islands-domiciled Income Collecting 1-3 Months T-Bills Mutual Fund, whose directors reside in the Bahamas and British Virgin Islands, and its Israeli principal, Ofer Abarbanel, have been accused by the U.S. SEC of swindling investors who have been unable to redeem $106 million.