Solis International Foundation

British fraudster Timothy Schools has settled a fraud complaint that was filed at the High Court in London by the Receivers of Cayman Islands-domiciled Axiom Legal Financing Fund on behalf of investors who were swindled out of £108 million.

Order Approving Settlement with Timothy Schools, Dale Stephenson, Noble Finance Limited, Sadira Limited, Loret Investments Limited, Claire Schools, Solis International Foundation, Sophie Schools, Kellie Schools, Lisa Schools, Sara Stephenson, Kompali AG, Sarin International Foundation, Midus Assets LLC and Monty Holdings Limited In the Matter of JP SPC 1 and JP SPC 4, doing business as Axiom Legal Financing Fund, at the Grand Court of the Cayman Islands.

British attorney Timothy Schools and entities he wholly or partly beneficially owned received £81 million of the £108 million that was swindled from investors in Cayman Islands-domiciled Axiom Legal Financing Fund, the Fund's Receivers have claimed in an amended complaint filed at the High Court in London.

Worldwide Freezing Order against Claire Schools and Solis International Foundation in JP SPC 1 and JP SPC 4, d.b.a. Axiom Legal Financing Fund, of the Cayman Islands, v. Timothy Schools, Dale Stephenson, David Rae, Alec Linsley, David Kennedy, Rachel Hutson, Alan Hutson, Synergy IOM Limited, Synaxus Holdings Limited, Check Mate Audits Limited, Resolver Claims Management Limited, Hut Consulting Limited, First for Law Limited, Noble Finance Limited, Sadira Limited, and Loret Investments Limited at the London High Court.