Belvedere Group

SHOWING:

51 to 92 of 92 results
  

Sort By:

Search

Filter By:

Topics

show more show less

Jurisdictions

show more show less

Allegations

Nicolaas Faure & Drake Fund Advisors – An embarrassment to the BVI

September 15, 2015
The measure of any person or business is not whether they become involved in controversy but the actions they take when such controversy occurs.Within hours of OffshoreAlert exposing Belvedere Management Group as a "massive criminal financial enterprise" on March 17th,

Venture Assets PCC: License Revocation

September 14, 2015
Public Notice by the Mauritius Financial Services Commission announcing the revocation of the business license of Venture Assets PCC, which is part of Belvedere Management Group.

Two Seasons PCC: License Revocation

September 14, 2015
Public Notice by the Mauritius Financial Service Commission announcing the revocation of the business license of The Two Seasons PCC, which is part of Belvedere Management Group.

CityGate Securities Ltd: License Suspension

July 21, 2015
Public Notice by the Mauritius Financial Services Commission announcing the suspension of the Investment Dealer (Broker) License and Global Business License of CityGate Securities Limited.

British firm Etaireia Investments admits OffshoreAlert’s exposé was true

July 4, 2015
Three days after being exposed by OffshoreAlert, publicly-listed British firm Etaireia Investments Plc has admitted it falsely announced last year that it had received planning permission for a substantial residential development on land it owns in Scotland. The company is blaming the fraud on a former director, Stuart Black.
brian-weal

Belvedere associate Brian Weal’s latest fraud: Publicly-listed Etaireia Investments

June 30, 2015
OffshoreAlert's continuing investigation into Belvedere Management Group and its affiliates has uncovered another ongoing investment fraud, this one involving British firm Etaireia Investments Plc, whose shares are listed on the London-based ICAP Securities & Derivatives Exchange and which has raised at least £1.5 million over the last 15 months.

Belvedere Fiduciary’s license suspended by Mauritius regulator

June 6, 2015
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.

Belvedere’s Brighton SPC taken over by Cayman regulator

June 2, 2015
Belvedere Management Group fund vehicle Brighton SPC, which was exposed as a fraud by OffshoreAlert 11 weeks ago, has been taken over by the Cayman Islands Monetary Authority following the completion of a "forensic examination" by the regulator.

Belvedere Fiduciary Ltd.: License Suspension

May 29, 2015
Public Notice by the Mauritius Financial Services Commission announcing the suspension of the 'Management License' of trust company Belvedere Fiduciary Limited.

BUSTED: British & Irish expats who help Belvedere Group swindle investors

May 22, 2015
One day after new directors were appointed to 'ensure' that Cayman-domiciled Brighton SPC would be operated legally, the Fund illegally acquired a Gibraltar firm with bogus assets of $125 million, OffshoreAlert can reveal. The transfer allowed Belvedere and its accomplices in Britain, Dubai, Gibraltar, Spain and elsewhere to continue securities frauds involving firms listed on stock exchanges in Denmark, England and Germany.

Belvedere’s David Cosgrove & Cobus Kellermann lambasted by Guernsey regulator

April 24, 2015
A Guernsey regulator has essentially portrayed Belvedere Management Group principals David Cosgrove and Cobus Kellermann as serial fraudsters with little or no regard for the well-being of investors who, including other funds around the world, have entrusted them with hundreds of millions of dollars and possibly billions since the group began in or around 2008.

Three Belvedere Management Group funds closed down by Guernsey regulator

April 24, 2015
Three Belvedere Management Group fund vehicles - The Global Mutual Fund PCC, The Worldwide Mutual Fund PCC and The Universal Mutual Fund ICC - were today forced into administration by their local regulator in Guernsey, with similar applications against two affiliates, Trinity Global Fund and Lancelot Management Limited, adjourned to a later date.

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

April 22, 2015
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

March 30, 2015
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

March 30, 2015
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

March 30, 2015
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.

Jacobus Kellermann: Press Release (2015)

March 26, 2015
Press Release by the South Africa Financial Services Board disclosing two regulatory investigations into Jacobus Kellermann in Guernsey and Mauritius.

Lancelot Global PCC et al: Appointment of Administrators

March 23, 2015
Public Notice by the Mauritius Financial Services Commission announcing the appointment of Joint Administrators for Lancelot Global PCC and The Four Elements PCC, which are part of the Belvedere Management Group.

Mauritius regulator closes down two Belvedere Management fund companies

March 21, 2015
Two key investment fund companies operated by Belvedere Management Group - Lancelot Global PCC and The Four Elements PCC - have had their business licenses revoked in Mauritius - four days after the group was exposed as a massive criminal enterprise by OffshoreAlert.

Lancelot Global PCC: License Revocation

March 20, 2015
Public Notice announcing the revocation of the 'Global Business Licence' and 'Collective Investment Scheme Authorization' of Lancelot Global PCC by the Mauritius Financial Services Commission.

The Four Elements PCC: License Revocation

March 20, 2015
Public Notice announcing the revocation of the 'Global Business Licence' and 'Collective Investment Scheme Authorization' of The Four Elements PCC by the Mauritius Financial Services Commission.

Brighton SPC: Proposed New Directors

March 20, 2015
Letter from BVI-based Drake Fund Advisors Ltd. to shareholders of Cayman Islands-domiciled Brighton SPC announcing the resignation of its board of directors and the identities of proposed new directors.
david-cosgrove-cobus-kellermann

EXPOSED: Belvedere Management’s massive criminal enterprise

March 17, 2015
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.

The Four Elements PCC: 2013 Audited Financials

December 31, 2013
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.
  • 1
  • 2