Karel Manasco

Gibraltar accountant Karel Manasco facing custodial sentence for contempt of court

March 14, 2025

Gibraltar accountant Karel Manasco is facing a "custodial sentence" after being found in contempt of court for breaching an asset freeze order and lying in a witness statement in legal proceedings brought by his former employer, online gaming operator Mansion Group.

Mansion (Gibraltar) Ltd. et al v. Karel Manasco et al: Contempt Judgment (Gibraltar)

March 11, 2025

Judgment holding defendant Karel Manasco in contempt of court in Mansion (Gibraltar) Limited and Onisac Limited v. Karel Christian Manasco and KM Accountants Limited at the Supreme Court of Gibraltar.

Gibraltar court orders accountant Karel Manasco to pay $3M to former employer, Mansion Group

September 8, 2024

Gibraltar accountant Karel Manasco has been ordered by Gibraltar Supreme Court to pay the equivalent of nearly $3 million regarding some of the claims in an ongoing $5 million 'misconduct' lawsuit brought by his former employer, online gaming operator Mansion Group.

Mansion (Gibraltar) Ltd. et al v. Karel Manasco et al: Judgment (€2.5M & £127K)

September 6, 2024

Judgment for €2,508,035 and £127,073 regarding claims involving Wizard Media Limited, of the Marshall Islands, in Mansion (Gibraltar) Limited and Onisac Limited, both of Gibraltar v. Karel Christian Manasco and KM Accountants Limited, both of Gibraltar, at the Supreme Court of Gibraltar.

Mansion (Gibraltar) Ltd. et al v. Karel Manasco et al: Judgment (Various Applications)

August 14, 2024

Judgment regarding applications to amend the defense and counterclaim, "to exhibit into evidence correspondence exchanged between Verralls and Isolas", and "for an order for specific disclosure or inspection of documents" in Mansion (Gibraltar) Limited and Onisac Limited, both of Gibraltar v. Karel Christian Manasco and KM Accountants Limited, both of Gibraltar, at the Supreme Court of Gibraltar.

‘Remove incorrect story or I sue’, writes BitQuin’s David Quinn

April 5, 2023

Letter from David Quinn, of Gibraltar-domiciled crypto firm BitQuin Ltd., threatening to sue OffshoreAlert for reporting that BitQuin was 'run' by its 47.5% shareholder and director Karel Manasco, whose assets were frozen on February 21st, 2023 for allegedly stealing £5 million from his former employer, £1.5 million of which was allegedly invested in an unidentified “crypto investment scheme”.

Gibraltar accountant Karel Manasco has assets frozen for allegedly swindling ex-employer out of £5M

March 15, 2023

A £5 million asset freeze order has been entered in Gibraltar against local accountant Karel Manasco - who is currently involved with a crypto trading firm called BitQuin - following allegations that he misappropriated millions of pounds and euros from Mansion Gibraltar online gaming firm while serving as its CEO and CFO.

Mansion (Gibraltar) Ltd. et al v. Karel Manasco et al: Judgment (£5M Worldwide Freezing Order)

February 21, 2023

Judgment issuing a £5 million worldwide asset freeze order for alleged "serious misconduct" by Karel Manasco in Mansion (Gibraltar) Ltd. and Onisac Limited, which "are part of a wider group of companies (“the Mansion Group”) which together comprise and operate an online gaming enterprise known as “Mansion”" v. Karel Christian Manasco, described as "a qualified accountant and Fellow of the Association of Certified Chartered Accountants" who served as Mansion Gibraltar's "Chief Executive Officer and de facto Chief Financial Officer", and KM Accountants Limited, of Gibraltar, at the Supreme Court of Gibraltar.

BitQuin Ltd.: Annual Return (2020)

November 5, 2021

2020 Annual Return of BitQuin Ltd., filed with Companies House Gibraltar.

BitQuin Ltd.: Annual Return (2021)

April 20, 2021

2021 Annual Return of BitQuin Ltd., filed with Companies House Gibraltar.