Prudent Group

Dennis Klemming v. OffshoreAlert: Complaint

Complaint alleging Violation of Florida's Deceptive and Unfair Trade Practices Act in Dennis Klemming, a citizen of Sweden residing in Florida v. KYC News Inc., d.b.a. OffshoreAlert, at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.
SPI Investment Fund

Swiss asset manager Marc-André Pépin accused of fraud by Cayman’s SPI Investment Fund

In a winding-up petition, Swiss investment manager Marc-André Pépin has been accused of "fraudulent misconduct and mismanagement" by Cayman Islands-domiciled SPI Investment Fund SPC, whose investors' funds have allegedly ended up in questionable arrangements with entities operated by Prudent Group, Dennis Klemming, and Jacob Gitman, all of Miami, Florida.

‘Immediately remove Dennis Klemming from your website’, writes his attorney

"Demand Letter" from Florida attorney Daniel DeSouza requesting the removal from OffshoreAlert's website of lawsuits against or which mention his client, Dennis Klemming, a Swedish citizen residing in Miami Beach, Florida, who is chairman of Prudent Group which, according to its website, "currently manages fund vehicles and separate mandates for institutional clients in Luxembourg, Cayman Islands, and Delaware domiciles".

JL Sports Investments Ltd. v. Luis Barbosa et al: Complaint

Complaint alleging "a fraudulent and deceptive scheme by Defendants to conceal the true nature and structure of the Prudent Enterprise in order to secure lucrative international soccer rights deals while at the same time suppressing the ability of their creditors to collect" involving entities in Brazil, Cayman Islands, Curaçao, Luxembourg, and the USA in JL Sports Investments Ltd., described as "a London-based boutique consulting and management firm in the sports and media industry" founded by "Dr. Jur. Jochen Lösch" v. Luis Barbosa, Antonio Maciel, Prudent Corporate Finance LLC, and Latin American Equity Sports LLC at the U. S. District Court for the Southern District of Florida.

Sunset Harbour South Condominium Association Inc. v. Dennis Klemming et al: Emergency Motion for Injunction

Emergency Motion for "an Injunction against Defendants ordering that they immediately cease and desist from using threatening and/or offensive language, and assaulting residents, management or others on Association property" in Sunset Harbour South Condominium Association Inc. v. Dennis Klemming, a citizen of Sweden, and Ivonne Klemming at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.
Sunset-Harbour-v-Dennis-Klemming

Sunset Harbour South Condominium Association Inc. v. Dennis Klemming et al: Complaint

Complaint alleging the defendants "repeatedly refused to comply with the Association's COVID-19 safety protocols" and "threatened to kill ... individuals on Condominium property" in Sunset Harbour South Condominium Association Inc. v. Dennis Klemming and Ivonne Klemming at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.

Prudent Investment Fund: Annual Report (2019)

Annual Report, including audited financial statements for the year ended December 31st, 2019, for Prudent Investment Fund, of Luxembourg, which includes a disclosure that the Fund's authorization to act as an investment fund had been "withdrawn" by the Luxembourg CSSF, causing auditor Mazars to state there was "significant doubt on the going concern of the Company".

InterCap America LLC v. Dennis Klemming et al: Complaint

Complaint in InterCap America LLC, of Florida v. Dennis Klemming, Prudent Corporate Finance LLC, of Florida, and Latin America Equity Sports LLC, of Delaware at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.

LGN International LLC et al v. Hylan Asset Management LLC et al: First Amended Complaint

First Amended Complaint alleging fraud and RICO violations regarding an "enterprise operated by the defendants by which they manufactured and sold 'phantom debt' and 'autofunded' payday loans to the plaintiffs which are not legally collectible" in LGN International LLC, of Florida, and Prudent Investimentos Ltda, of São Paulo, Brazil v. Hylan Asset Management LLC, of New York; Andrew Shaevel, of New York; Bahamas Marketing Group LLC, of Kansas; Joel Tucker, of Kansas; SQ Capital LLC, of Missouri; JT Holdings Inc., of Kansas; HPD LLC, of Wyoming; Hirsch Mohindra, of Illinois, and Mainbrook Asset Partners I LLC, of Delaware, at the U. S. District Court for the Western District of New York, transferred in from the U. S. District Court for the Southern District of New York.

LGN International LLC et al v. Hylan Asset Management LLC et al: Complaint

Complaint alleging fraud and RICO violations regarding an "enterprise operated by the defendants by which they manufactured and sold 'phantom debt' and 'autofunded' payday loans to the plaintiffs which are not legally collectible" in LGN International LLC, of Florida, and Prudent Investimentos Ltda, of São Paulo, Brazil v. Hylan Asset Management LLC, of New York; Andrew Shaevel, of New York; Bahamas Marketing Group LLC, of Kansas; Joel Tucker, of Kansas; SQ Capital LLC, of Missouri; JT Holdings Inc., of Kansas; HPD LLC, of Wyoming; Hirsch Mohindra, of Illinois, and Mainbrook Asset Partners I LLC, of Delaware, at the U. S. District Court for the Southern District of New York.

Federal Trade Commission et al v. Hylan Asset Management LLC et al: First Amended Complaint

First Amended Complaint alleging fraud in the Federal Trade Commission and the People of the State of New York v. Hylan Asset Management LLC, Bobalew Management Corporation, Bobalew LLC, 6P Management Corporation, 6P LLC, Worldwide Processing Group LLC, d.b.a. Worldwide Processing, d.b.a. Forward Movement Recovery, a.k.a. FMR; Frank A. Ungaro Jr., Andrew Shaevel, and Jon E. Purizhansky at the U. S. District Court for the Western District of New York.

Federal Trade Commission et al v. Hylan Asset Management et al: TRO Motion

Motion for a Temporary Restraining Order in the Federal Trade Commission and the People of the State of New York v. Hylan Asset Management LLC, Worldwide Processing Group LLC, Frank A. Ungaro Jr., and Andrew Shaevel at the U. S. District Court for the Western District of New York.