Not for the first time, hedge fund service provider Citco has been accused of helping a client defraud investors in an offshore hedge fund and then failing to co-operate with investigators. The latest incident involves Bermuda-domiciled Fletcher International Ltd. and its Cayman feeder funds.
Poland has requested evidence in the United States as part of a criminal investigation into alleged fraud and breach of warranty involving Elektrim SA, a Polish holding company with interests in the telecommunications and power industries in the country.Details are