Kenneth Krys

Bahamas-based financial services providers Owen Bethel and Edison Sumner lied to a Canadian securities broker regarding the beneficial ownership of accounts that were subsequently used to commit a $25 million fraud, according to a Canadian regulator.

Originating Application in Obegi Chemicals LLC v. Oryx Global Limited at the British Virgin Islands High Court.

First Report of the Joint Voluntary Liquidators of Montaque Capital Partners Ltd. (in Voluntary Liquidation) - October 28, 2011

Petition for court supervision of the voluntary liquidation of Montaque Capital Partners Ltd. (in Voluntary Liquidation) at the Bahamas Supreme Court.

Originating Application in Alexander Jacobus de Wet v. Vascon Trading Ltd. at the British Virgin Islands High Court.

Circular to Customers and Clients of Montaque Capital Partners Limited (in Voluntary Liquidation) - October 11, 2011

Report and Recommendation on Default Judgment Against Thomas Hackl in Kenneth M. Krys et al v. Christopher Sugrue et al at the U. S. District Court for the Southern District of New York.

Writ of Summons filed by Fairfield Sentry Limited (in Liquidation) against The Salmon Rise Ltd. at the Grand Court of the Cayman Islands.

Notice of Motion for Default Judgment against Thomas Hackl in Kenneth M. Krys et al v. Christopher Sugrue et al at the U. S. District Court for the Southern District of New York.

Petition by ESO Capital Luxembourg Holdings II SARL to wind-up Duet Real Estate Partners 1 LP filed at the Grand Court of the Cayman Islands on June 7, 2011.

Petition to liquidate Nautical Offshore Services.

Petition to wind-up China Milk Products Group Limited filed at the Grand Court of the Cayman Islands on May 6, 2011.

Writ of Summons filed by Fairfield Sentry Limited (in Liquidation) against Atlantic Security Bank at the Grand Court of the Cayman Islands.

Writ of Summons filed by Fairfield Sentry Limited (in Liquidation) against Orbita Capital Return Strategy Limited at the Grand Court of the Cayman Islands.

Writ of Summons filed by Fairfield Sigma Limited (in Liquidation) against Westport Capital Investments at the Grand Court of the Cayman Islands.

Originating Writ of Summons filed by Fairfield Sentry Limited (in Liquidation) against Westport Capital Investments at the Grand Court of the Cayman Islands.

First Amended Complaint filed by the liquidators of Fairfield Sentry Limited, Fairfield Lambda Limited, and Fairfield Sigma Limited against Hambros Guernsey Nominees, a.k.a. Hambros (Guernsey Nominees) Limited; SG Hambros Nominees (Jersey), a.k.a. SG Hambros Nominees (Jersey) Limited; SG Hambros Bank (Channel Islands) Limited; and SG Hambros Bank & Trust (Guernsey) Ltd. 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 Kenneth Krys and Timothy Le Cornu, as the Foreign Representatives of Sextant Strategic Hybrid2Hedge Fund Ltd., at the U. S. Bankruptcy Court for the Southern District of Florida.

Winding-Up Petition In the Matter of Senor Frogs Cayman Ltd. at the Grand Court of the Cayman Islands.

Petition filed In the Matter of NOMC Insurance Company Ltd. (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.

Petition filed In the Matter of Bluefin Multi Strategy Fund SPC at the Grand Court of the Cayman Islands.

Winding Up Order in Barfield Nominees Limited v. Sextant Strategic Hybrid2Hedge Resource Fund Offshore Ltd. at the Grand Court of the Cayman Islands.

Winding Up Petition In the Matter of Sextant Strategic Hybrid2 Hedge Resource Fund Offshore Ltd. at the Grand Court of the Cayman Islands.

Petition filed In the Matter of Adastra Realty Fund Ltd. at the Grand Court of the Cayman Islands.

Winding Up Petition against Hurley's (Grand Harbour) Limited filed by L. Michael Bell at the Grand Court of the Cayman Islands.

Winding Up Petition In the Matter of China Sun Bio-Chem Technology Group Company at the Grand Court of the Cayman Islands.

Winding Up Petition in Cayman Islands Monetary Authority v. Sextant Strategic Global Water Fund Offshore Ltd. and Sextant Strategic Hybrid2Hedge Resource Fund Offshore Ltd. at the Grand Court of the Cayman Islands.

Winding Up Petition In the Matter of China Taizi Foods Company Limited at the Grand Court of the Cayman Islands.

Petition In the Matter of SPhinX Ltd, SPhinX Strategy Fund Ltd, Plus Funds Manager Access SPC Ltd, SPhinX Plus SPC, SPhinX Managed Futures Ltd and SPhinX Managed Futures Fund SPC at the Grand Court of the Cayman Islands.

Application for the Limited Admission of Ceri Jane Payne Bryant at the Grand Court of the Cayman Islands.

Winding Up Petition In the Matter of China Time Share Media Co. Ltd. at the Grand Court of the Cayman Islands.

Petition filed In the Matter of Juno Mother Earth Resources Fund, Ltd. at the Grand Court of the Cayman Islands.

Petition by Indopark Holdings Limited to wind up China Environmental Solutions Ltd. at the Grand Court of the Cayman Islands.

The liquidators of Cayman Islands based investment firm SEGOES Services Ltd., whose admitted claims are US$9.8 million, have told creditors they will receive no pay out.As the liquidation draws to a close, there are nowhere enough assets to cover the

A jury in Texas has awarded 41 investors clients damages of $8.8 million, plus annual interest of 8.25% backdated to December 12, 2002, against Atlas Financial Group Ltd. and Atlas Private Trust Ltd., which collapsed in the Turks and Caicos

Public Notice by the Cayman Islands Monetary Authority announcing the liquidation of GIAMO Fund Ltd.

James Fontanetta, a former director of Cayman Islands-based SEGOES Services Ltd., f.k.a. SEGOES Securities Ltd., has been so helpful to the company's liquidators that they have agreed to apply to set aside a default judgment that they obtained against him at the Grand Court of the Cayman Islands; and Regulatory warnings around the world.

A former director of a fraudulently operated, offshore stock broker has agreed to pay US$74,000 - purportedly 75% of his total assets - to settle a civil complaint brought by the firm's liquidators.As part of his settlement agreement, James Fontanetta

Public Notice by the Cayman Islands Monetary Authority announcing the liquidation of PFA Assurance Group, Ltd.

The liquidators of fraudulently-operated offshore stock-broker SEGOES Services Ltd. ran up a $1.49 million deficit during their first eight months in charge of the company.That was the figure that leapt out of the Third Interim Report to Customers and Creditors, dated January 27, 2006, by liquidators Kenneth Krys and Christopher Stride.

OffshoreAlert has previously reported about the long-running battle between Taiwan and China for influence in the Caribbean in which impoverished countries receive sizeable financial assistance in return for officially recognizing - or refusing to recognize - Taiwan as a country, depending on who is offering the most attractive deal; The Central Bank of Belize issued a warning about United eXchange International Bank on December 1, 2005; Richard Fogerty and James Cleaver, as joint official liquidators of Bancredit Cayman Limited (in liquidation), have filed two civil lawsuits in the United States in an attempt to collect $2.34 million of allegedly unpaid loans that were issued to customers of the banks; Why did First International Bank of Grenada founder Gilbert Allen Ziegler change his name to Van Arthur Brink in June, 1998?[ Florida-based attorney Nigel Scott Grant and his son, Nicolas E. Grant-St. James, who previously established and, in at least one instance, operated sham credit unions in St. Kitts & Nevis, are back in business together, this time onshore; and Kenneth Krys and Christopher Stride, of RSM Cayman Islands, were appointed as Joint Provisional Liquidators of PFA Assurance Group, Ltd. on September 19, 2005 following an investigation by the Cayman Islands Monetary Authority.

The liquidators of an offshore broker have applied to stay a civil lawsuit that has been filed in the United States against the firm's former President.A hearing on the motion by the liquidators of Cayman Islands-based SEGOES Services Ltd. has been scheduled for December 8, 2005 at the U. S. Bankruptcy Court for the Southern District of Florida.

Press Release by RSM Cayman Islands - distributed by the Cayman Islands Monetary Authority - regarding the liquidation of SEGOES Services Ltd., f.k.a. SEGOES Securities Ltd.

The owner of a failed offshore securities broker that apparently defrauded clients out of millions of dollars has attempted to breach an asset freeze order, it has been claimed.Details of the allegation against John Kaweske Jr. are contained in the first interim report of the joint official liquidators of SEGOES Services Ltd. to customers and creditors, which is dated July 7, 2005 but only publicly released on August 3.

The amount of client funds misappropriated from offshore stock-broker SEGOES Services Ltd. may exceed US$15 million, according to the first interim report to creditors. That is how much was transferred from a group account "to a beneficiary as yet unidentified" on November 17, 2004, stated Kenneth Krys and Christopher Stride, whose status changed from joint provisional liquidators to joint liquidators on May 20 after it was determined the SEGOES group could not continue as a going concern and should be wound-up.

Notice by Cayman Islands Monetary Authority that SEGOES Services Ltd., f.k.a. SEGOES Securities Ltd., has gone into liquidation.

Offshore stock-broker SEGOES Services Ltd. has gone out of business amid a police investigation in Cayman and concerns that clients have been defrauded of millions of dollars.The firm, formerly known as SEGOES Securities Ltd., went into provisional liquidation by order of the Grand Court of the Cayman Islands on April 29 following a petition the same day by two clients in British Columbia, Canada with a claim totaling US$400,000.