Axiom Legal Financing Fund: Letter Re. KPMG Report
Letter to investors in Axiom Legal Financing Fund from the Fund's directors regarding the report by KPMG into allegations against the Fund published by OffshoreAlert.
A message to investors of Axiom Legal Financing Fund
The bad news is you have been defrauded of your investment in Axiom Legal Financing Fund. The sooner you accept this, the quicker you can start taking steps to recover some of your losses. The good news is that the
Axiom Legal Financing Fund appears to be a Ponzi scheme
New evidence uncovered by OffshoreAlert indicates that the recently-suspended Axiom Legal Financing Fund is hopelessly insolvent as a result of self-dealing and fraud by insiders. The Cayman Islands-domiciled Fund, which has raised more than £117 million, appears to be a Ponzi scheme.
Koninklijke Philips Electronics NV v. Arima Devices Corporation: Originating Application
Originating Application in Koninklijke Philips Electronics NV v. Arima Devices Corporation at the British Virgin Islands High Court.
Kolmar Singapore Pte Limited v. Well Wonder Limited: Claim Form
Claim Form in Kolmar Singapore Pte Limited v. Well Wonder Limited at the British Virgin Islands High Court.
Axiom Legal Financing Fund suspended, investors appear to be victims of fraud
Cayman Islands-domiciled Axiom Legal Financing Fund suspended redemptions and halted new subscriptions yesterday - a result of an investigation into the Fund by OffshoreAlert. Meanwhile, our ongoing investigation suggests that investors - who have invested at least £117 million - are victims of a massive fraud orchestrated by British solicitor Tim Schools and others.
Tangerine Investment Management Ltd: Resignation of Tim Schools
Letter from Tangerine Investment Management Limited to Distributors of Axiom Legal Financing Fund announcing resignation of Timothy Schools.
Axiom Legal Financing Fund appoints KPMG to investigate red flags raised by OffshoreAlert
Cayman Islands-domiciled Axiom Legal Financing Fund has retained KPMG to investigate red flags concerning the Fund that were uncovered by OffshoreAlert. Investors were informed of the development in a letter yesterday from the Fund's directors, Ronan Guilfoyle and Graham Hampson.
Axiom Legal Financing Fund: Letter Announcing KPMG Review
Letter From Directors of Axiom Legal Financing Fund to Investors, October 15, 2012 regarding red flags raised in investigative articles by OffshoreAlert.
More red flags regarding fast-growing Axiom Legal Financing Fund
As investors continue to pour millions of pounds each month into Cayman Islands-domiciled Axiom Legal Financing Fund, OffshoreAlert has uncovered more red flags, including conflicting financial statements, £7.9 million loaned to a debt-ridden law firm owned by Axiom's principal, and insurance provided by an unregulated, unaudited firm that is currently defending a fraud lawsuit brought by one of its clients.
Stop Notice: Shares in MOPU Holdings, Ltd.
Stop Notice by BNP Paribas regarding shares in MOPU Holdings, Ltd. owned by Coastal Energy Company, filed at the Grand Court of the Cayman Islands.
CFTC v. Nikolai Battoo et al: TRO Motion
Plaintiff's Emergency Ex Parte Motion for Statutory Restraining Order, Asset Freeze, Preliminary Injunction, Expedited Discovery, Appointment of Receiver and Other Equitable Relief in U. S. Commodity Futures Trading Commission v. Nikolai Simon Battoo, BC Capital Group Holdings SA, BC Capital Management LLP, BC Capital Group Global, BC Capital Group Limited, BC Capital Group International Limited, and BC Capital Group SA at the U. S. District Court for the Northern District of Illinois.
SEC v. Tracy Sunderlage et al: Motion for TRO
Motion for Temporary Restraining Order in U. S. Securities and Exchange Commission v. Tracy Lee Sunderlage, Nikolai Simon Battoo, BC Capital Group S.A., and BC Capital Group Limited at the U. S. District Court for the Northern District of Illinois.
Peter Ding Pei Chai et al v. Lee Wan Hoi et al: Fixed Date Claim Form
Fixed Date Claim Form in Peter Ding Pei Chai and Tom Phua Swee Khiang v. Lee Wan Hoi and Gracedale Technology Limited at the British Virgin Islands High Court.
Koninklijke Philips Electronics NV v. Arima Devices Corporation: Order Enforcing Arbitration Award
Order Enforcing Arbitration Award in Koninklijke Philips Electronics NV v. Arima Devices Corporation at the British Virgin Islands High Court.
Norden Shipping (Singapore) Pte. Ltd. v. Standard Tankers Bahamas Ltd.: Petition to Compel Arbitration
Petition to Compel Arbitration in Norden Shipping (Singapore) Pte. Ltd. v. Standard Tankers Bahamas Ltd., now known as Standard Tankers LLC at the U. S. District Court for the Southern District of New York.
Share Charge: Kangda Holdings Company Limited
Charge by Baring Private Equity Asia V Holding (5) Limited over shares in Kangda International Company Limited owned by Kangda Holdings Company Limited, filed at the Grand Court of the Cayman Islands.
IFM Overseas Ltd.: Stop Notice
Stop Notice by GL Asia Mauritius II Cayman Ltd. regarding shares in IFM Investments Ltd. owned by IFM Overseas Limited, filed at the Grand Court of the Cayman Islands.
USA v. James Onanefe Ibori et al: Application to Enforce Restraining Orders (‘Money Laundering’)
USA's Ex Parte Application to Enforce and Register Foreign Restraining Orders in connection with an investigation in the United Kingdom into an alleged money laundering scheme by James Onanefe Ibori, former Governor of Nigeria's Delate State, and Bhadresh Gohil, an English attorney, filed at the U. S. District Court for the District of Columbia.
Koninklijke Philips Electronics NV v. Arima Devices Corporation: Fixed Date Claim Form
Fixed Date Claim Form in Koninklijke Philips Electronics NV v. Arima Devices Corporation at the British Virgin Islands High Court.
ERC Ireland Holdings Limited: Winding-Up Petition
Winding-Up Petition In the Matter of ERC Ireland Holdings Limited at the Grand Court of the Cayman Islands.
ERC Ireland Preferred Equity Limited: Winding-Up Petition
Petition to wind-up ERC Ireland Preferred Equity Limited at the Grand Court of the Cayman Islands.
USA v. John Kinnucan: Criminal Indictment
Indictment alleging securities fraud in USA v. John Kinnucan at the U. S. District Court for the Southern District of New York.
USA v. John Kinnucan: Criminal Complaint and Arrest Warrant
Criminal Complaint and Arrest Warrant in USA v. John Kinnucan at the U. S. District Court for the Southern District of New York.
Naresh Nanubhai Desai v. Asia Fund Limited: Writ of Summons
Writ of Summons in Naresh Nanubhai Desai v. Asia Fund Limited at the Grand Court of the Cayman Islands.
Impro Precision Industries Limited: Stop Notice(2)
Stop Notice by GE Capital Equity Investments Ltd. regarding shares in Impro Precision Industries Limited owned by Impro Development Limited, filed at the Grand Court of the Cayman Islands.
Impro Precision Industries Limited: Stop Notice
Stop Notice by Baring Private Equity Asia V Holding (2) Limited regarding shares in Impro Precision Industries Limited owned by Impro Development Limited, filed at the Grand Court of the Cayman Islands.
Sanwa Holdings: Investor Warning
Sanwa Holdings - Investor Warning - Austrian Financial Market Authority - December 21, 2011
Olympus Corporation: Investigation Report Summary
Investigation Report Summary into Olympus Corporation by The Third Party Committee, dated December 6, 2011.
Nordea Bank Finland Plc v. Yongzheng International Marine Holdings Co., Ltd.: Order Adjourning Application
Order in Nordea Bank Finland Plc v. Yongzheng International Marine Holdings Co., Ltd. at the British Virgin Islands High Court.
In the Matter of IFM Investments Ltd.: Stop Notice
Stop Notice by GL Asia Mauritius II Cayman Ltd. regarding  shares in IFM Investments Ltd. owned by IFM Overseas Partners LP, filed at the Grand Court of the Cayman Islands.
Bigfoot Entertainment (BVI) Ltd. v. F. TV Limited: Claim Form
Claim Form in Bigfoot Entertainment (BVI) Ltd. v. F. TV Limited at the British Virgin Islands High Court.
MF Global Holdings Ltd.: Voluntary Petition
Voluntary Petition In the Matter of MF Global Holdings Ltd. at the U. S. Bankruptcy Court for the Southern District of New York.
Chenglong International: Investor Warning
Chenglong International - Investor Warning - Austrian Financial Market Authority - October 28, 2011
In the Matter of Coastal Energy Company: Stop Notice
Stop Notice by BNP Paribas regarding shares in CEC International Ltd. held by Coastal Energy Company, filed at the Grand Court of the Cayman Islands.
Nordea Bank Finland Plc v. Yongzheng International Marine Holdings Co. Ltd.: Originating Application
Originating Application in Nordea Bank Finland Plc v. Yongzheng International Marine Holdings Co. Ltd. at the British Virgin Islands High Court.
In the Matter of InterEnergy Holdings
Stop Notice regarding charge by BW Group Limited over shares of InterEnergy Holdings held by IEH Investments at the Grand Court of the Cayman Islands.
Stanford International Bank: A breakdown of where accounts are located
Account holders in several major offshore financial centers, including the Bahamas, Bermuda, British Virgin Islands and Cayman Islands, had substantial deposits at alleged fraudster Allen Stanford's Antigua licensed Stanford International Bank Ltd., a document obtained by OffshoreAlert shows.
In the Matter of Nautical Offshore Services
Petition to liquidate Nautical Offshore Services.
In the Matter of China Milk Products Group Limited
Petition to wind-up China Milk Products Group Limited filed at the Grand Court of the Cayman Islands on May 6, 2011.
Stanford International Bank: Accounts by Jurisdiction
A breakdown by jurisdiction and amounts of accounts held at Stanford International Bank.
General Holdings Limited v. Registrar of Companies
Originating Application filed by General Holdings Limited against the Registrar of Companies at the Grand Court of the Cayman Islands.
In the Matter of Coastal Energy Company (Khorat) Ltd.: Stop Notice
Stop Notice by BNP Paribas regarding shares in Coastal Energy Company (Khorat) Ltd. owned by Coastal Energy Company, filed at the Grand Court of the Cayman Islands.
Transfield ER Cape Ltd.: Chapter 15 Petition (British Virgin Islands)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the British Virgin Islands by Casey McDonald, Bob Yap Cheng Ghee, and Patrick Cowley, as the Foreign Representatives of Transfield ER Cape Limited, at the U. S. Bankruptcy Court for the Southern District of New York.
Asia Fund Limited v. Naresh Nanubhai Desai: Writ of Summons
Writ of Summons in Asia Fund Limited v. Naresh Nanubhai Desai at the Grand Court of the Cayman Islands.
In the Matter of Leighton International Limited
Petition In the Matter of Leighton International Limited at the Grand Court of the Cayman Islands.
In the Matter of China Sun Bio-Chem Technology Group Company
Winding Up Petition In the Matter of China Sun Bio-Chem Technology Group Company at the Grand Court of the Cayman Islands.
Bermuda container firm seeks $1.75 m damages from owner of vessel it chartered
A Bermuda domiciled container transportation firm is seeking damages of $1.75 million against the Panama based owner of a freight vessel for cargo allegedly damaged due to technical problems.Details are contained in a civil complaint that was filed at the
In the Matter of MSK Investor Inc.
Petition to wind up MSK Investor Inc. at the Grand Court of the Cayman Islands.
In the Matter of Petroexport Limited
Winding Up Petition In the Matter of Petroexport Limited at the Grand Court of the Cayman Islands.
