Symtomax

British fraudulent fund-raising vehicle for cannabis group Symtomax facing strike-off

April 17, 2022

Scottish firm Symtomax SPV Limited, which conducted a fraudulent €12 million bond offering purportedly to fund a cannabis production facility in Portugal, is facing compulsory strike-off action for failing to meet a statutory filing deadline.

Portugal’s cannabis regulator set to give license to British investment fraudsters

July 13, 2021

British serial investment fraudsters Paul Segal and Minette Coetzee who have been raising funds for their latest scheme, known as Symtomax, by pretending it has a license in Portugal to cultivate, sell, and export cannabis are about to be given a real one by the country's regulator, INFARMED.

Symtomax, Lda: Shareholders

May 31, 2021

List of shareholders of Symtomax, Lda. as of May 31st, 2021, obtained from the companies register in Portugal.

Swan Developments becomes latest member of British fraud group to collapse

April 16, 2020

Scotland-based Swan Developments Management Limited has become the latest firm to go into liquidation that was operated by, or associated with, the notorious Swan Group of British investment fraudsters.

EXPOSED: Symtomax Group’s fraudulent €12M Bond Offering

January 22, 2020

A €12 million bond offering by British nationals Minette Coetzee, a.k.a. Minette Compson, and Paul Segal via their Symtomax Group for a purported medical cannabis production facility in Portugal is fraudulent, OffshoreAlert can reveal. The scheme involves entities and individuals in the BVI, Canada, Dubai, England, Gibraltar, Morocco, Netherlands, Panama, Portugal, Scotland, Spain, South Africa, and Switzerland.

Symtomax SPV Ltd.: Loan Note Memorandum (August 2019)

September 3, 2019

"Loan Note Memorandum" dated "August 2019" for Symtomax SPV Limited, of England.

British fraud firm Etaireia Investments goes into administration

August 29, 2019

British firm Etaireia Investments Plc has gone into administration - four years after being exposed by OffshoreAlert for perpetrating a property-based investment fraud involving firms and individuals in the BVI, England, Gibraltar, Isle of Man, Scotland, Seychelles, and Spain.

EXPOSED: ‘Privilege Wealth’ global investment fraud

October 19, 2016

Notorious British swindler Brett Jolly is secretly behind a global investment fraud being perpetrated under the name 'Privilege Wealth', OffshoreAlert can reveal. The scheme involves a sprawling web of companies and operators in Bermuda, BVI, Cayman Islands, Curacao, Dubai, Gibraltar, Guernsey, Jersey, Luxembourg, Panama, Seychelles, South Africa, Spain, UK, and USA.

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.

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.

Minette Compson: Disqualification (Gibraltar)

April 30, 2015

Decision Notice by the Gibraltar Financial Services Commission disqualifying Minette Compson for being "not a fit and proper person".

Minette Compson et al v. Gibraltar Financial Services Commission: Judgment

April 29, 2015

Judgment in Minette Compson and Brian Peter Weal v. Gibraltar Financial Services Commission at Gibraltar Supreme Court.