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The Global Mutual Fund PCC et al: Administrators’ Final Report

Final Report of the Joint Administration Managers of The Global Mutual Fund PCC Limited, The Worldwide Mutual Fund PCC Limited, and The Universal Mutual Fund ICC Limited - all part of the Belvedere Management Group - to The Royal Court of Guernsey and Investors.

Mauritius bans three more Belvedere Management Group directors

Three more individuals - Kenneth Maillard, Laval Law and Rajindersingh Borthosow - have been banned from the financial services industry in Mauritius as a result of their involvement in the Belvedere Management Group, which was exposed as a fraudulent enterprise by OffshoreAlert in 2015.

RDL Management Ltd.: License Revocation

Public Notice by the Mauritius Financial Services Commission announcing the recovation of the Global Business Category 1 License, the Investment Adviser (Unrestricted) License and the CIS Manager License held by RDL Management Ltd.

Belvedere’s David Cosgrove banned by Mauritius regulator

Seventeen months after being exposed as a serial fraudster by OffshoreAlert, Irishman David Cosgrove has been banned from serving as a corporate officer in Mauritius, while fellow director Francess Henriette was also banned and Belvedere Management Limited has its management license revoked.

Belvedere Fiduciary’s license suspended by Mauritius regulator

Citing 'breach of fiduciary duty', the Mauritius Financial Services Commission has suspended the license of trust company Belvedere Fiduciary Limited, which is part of a rapidly-disintegrating fraudulent global business empire controlled by Irish business consultant David Cosgrove and South African fund manager Cobus Kellermann.

Guernsey FSC v. Lancelot Management Ltd. et al: Paul Yabsley Affidavit

Affidavit by Paul Yabsley, Senior Analyst in the Enforcement Division of The Guernsey Financial Services Commission, in The Guernsey Financial Services Commission v. Lancelot Management Limited, The Global Mutual Fund PCC Limited, The Universal Mutual Fund ICC Limited, The Worldwide Mutual Fund PCC Limited, and The Trinity Global Fund at The Royal Court of Guernsey.

Mauritius regulator closes down RDL Management after OffshoreAlert exposé

The Mauritius Financial Services Commission today closed down a third company that was exposed by OffshoreAlert 13 days ago as being part of a massive investment fraud perpetrated by Belvedere Management Group. RDL Management Ltd. had its 'Collective Investment Scheme Manager License' suspended and was placed into administration.

RDL Management Ltd.: Appointment of Administrators

Public Notice by the Mauritius Financial Services Commission announcing the appointment of Joint Administrators of RDL Management Ltd., which is co-owned by David Cosgrove and Cobus Kellermann and is part of the Belvedere Management Group.

RDL Management Ltd.: License Suspension

Public Notice by the Mauritius Financial Services Commission announcing the suspension of Collective Investment Scheme Manager License of RDL Management Ltd., which is co-owned by David Cosgrove and Cobus Kellermann and is part of the Belvedere Management Group.
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EXPOSED: Belvedere Management’s massive criminal enterprise

Offshore fund group Belvedere Management, which claims to have $16 billion of assets under administration, management and advisory, appears to be one of the biggest criminal financial enterprises in history, headed by David Cosgrove, Cobus Kellermann and Kenneth Maillard, OffshoreAlert can reveal.

Lancelot Global PCC: Warning

Public Warning by the Mauritius Financial Services Commission against Lancelot Global PCC. Editor's Note: Research by OffshoreAlert in the Mauritius Corporate andBusiness Registration Department showed that Lancelot Global PCC was incorporated in Mauritius on March 23rd, 2009, its directors are David Dawson Cosgrove and Kenneth Maillard, its shareholder is RDL Management Ltd., and its manager is Belvedere Management Limited.

The Four Elements PCC: Warning

Public Warning by the Mauritius Financial Services Commission against The Four Elements PCC. Editor's Note: Research by OffshoreAlert in the Mauritius Corporate and Business Registration Department showed that The Four Elements PCC was incorporated on May 16th, 2008, its directors are David Dawson Cosgrove and Kenneth Maillard, its shareholder is RDL Management Ltd., and its manager is Belvedere Management Limited.

The Four Elements PCC: 2013 Audited Financials

Financial Statements of The Four Elements PCC Limited for the year ended December 31, 2013. In issuing a qualified opinion, auditor BDO stated that more than one-third of the claimed assets of nearly €200 million might not exist or be recoverable.