Four days before a trial was due to start in the Cayman Islands, British fund manager Jeremy Leach and eight of his firms settled a fraud complaint by agreeing to pay $11.5 million over 22 months, OffshoreAlert can reveal. Despite a plethora of red flags, the Cayman Islands Monetary Authority continues to license Leach's Managing Partners Group and its funds and the group also operates entities in the British Virgin Islands, England, Malta, Spain, and Switzerland.
Search Report & Director Details for Managing Partners Investment Management Limited, obtained from the Cayman Islands General Registry on November 1st, 2022.
Tenth Report of the Joint Official Liquidators of Cayman Islands-domiciled Traded Life Policies Fund and Diversified Settlements Fund, both in Official Liquidation.
British asset manager Jeremy Leach, whom OffshoreAlert has previously exposed for operating what appear to be Ponzi schemes, is being sued for fraud in the Cayman Islands by the liquidators of Traded Life Policies Fund, which is allegedly insolvent by at least $21 million.
A Cayman Islands company - Managing Partners Investment Management - operated by dubious British fund manager Jeremy Leach is suing a Bermuda firm - SWZ Funds - for allegedly breaching a joint venture agreement in Malta - Smart Capital SCC.