Richard Ambery

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.

Richard Ambery's Initial Submission in Richard Ambery v. Managing Partners Malta Ltd. at Malta Industrial Tribunal.

Complaint in Richard Ambery, former General Counsel of Jeremy Leach's Managing Partners Group, v. Managing Partners Malta Limited at Malta's Industrial Tribunal.

A Cayman Islands fund - Traded Life Policies Fund - has become the latest investment scheme operated by Marbella-based, British fund manager Jeremy Leach to collapse in dubious circumstances.