Brooge Merger Sub Ltd.: Directors (Cayman Islands)
Director Details for Brooge Merger Sub Limited, obtained from the Cayman Islands General Registry on December 18th, 2024.
Brooge Energy Ltd.: Directors (Cayman Islands)
Director Details for Brooge Energy Limited, obtained from the Cayman Islands General Registry on December 18th, 2024.
USA v. Trident Trust Company (South Dakota) Inc.: Court Docket (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)
Court Docket for a sealed Ex Parte Petition by the IRS for Leave to Serve ‘John Doe’ Summonses on Trident Trust Company (South Dakota) Inc. as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the District of South Dakota.
USA v. Trident Corporate Services, Inc. et al: Petition to Serve ‘John Doe’ Summonses (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)
Ex Parte Petition by the IRS for Leave to Serve ‘John Doe’ Summonses on TT (USA) Holdings, Inc., Trident Corporate Services, Inc., and Trident Fund Services, Inc. as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the Northern District of Georgia.
Anvil Trust et al v. Ernst & Young Middle East et al: Complaint (‘Brooge Petroleum and Gas Investment Company FZE Fraud’)
Complaint alleging "Ernst & Young’s pivotal role in a years’ long scheme to help Brooge Petroleum and Gas Investment Company FZE to defraud investors in a 2019 U.S. Special Purpose Acquisition Company merger transaction" in Anvil Trust, of London, England; Stephen Cannon, of Hong Kong, and Bryant Edwards, of London, England v. Ernst & Young, of Bahrain; Ernst & Young Middle East, of Bahrain; Ernst & Young Middle East (Abu Dhabi Branch), of Abu Dhabi, United Arab Emirates; Ernst & Young John Doe 1, Ernst & Young John Doe 2, and Anthony O'Sullivan, of Abu Dhabi, United Arab Emirates, at the U.S., District Court for the Southern District of New York.
USA v. FedEx et al: Petition to Serve ‘John Doe’ Summonses (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)
Ex Parte Petition by the IRS for Leave to Serve 'John Doe' Summonses on FedEx Corporation, DHL Express (USA), Inc., United Parcel Service, Inc., the Federal Reserve Bank of New York, The Clearing House Payments Company LLC, HSBC Bank USA, National Association, The Bank of New York Mellon Corporation, Wells Fargo Bank, National Association, Citibank, National Association, UBS AG, Bank of America, National Association, Deutsche Bank Trust Company Americas, and Nevis Services Limited as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the Southern District of New York.
IRS files ‘John Doe summons’ petitions to identify Trident Trust Group clients suspected of U.S. tax evasion
In an attempt to identify clients of international corporate services provider Trident Trust Group who are suspected of evading U.S. taxes, the IRS has applied to federal courts in New York, Georgia, and South Dakota for permission to serve 'John Doe Summonses' on courier services, financial institutions, correspondent banks, and Trident Trust Group itself.
Dubai-based BVI investment firms ‘All Blue’ seek Chapter 15 bankruptcy recognition in U.S. amid investigation into ‘$126M naked short trade losses’
The liquidators of Dubai-based, British Virgin Islands-domiciled All Blue Investments North Star 1 Ltd. and All Blue Investment Management Ltd. have filed for Chapter 15 bankruptcy recognition in Miami amid an investigation into losses of $126 million from "improper naked short trades" and the suspected shifting of trading profits to two Cayman Islands affiliates, Red Rowan Investments Ltd. and Washington Muse Investments SPC.
All Blue Investments North Star 1 Ltd. et al: Chapter 15 Petition (British Virgin Islands)
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the British Virgin Islands by Martin Trott and Nathan Mills, both of R&H Restructuring, as the Foreign Representatives of All Blue Investments North Star 1 Ltd. (in Liquidation), described as an investment fund whose liquidators "have received over $125 million in claims filed by Broker-Dealers for improper “naked short trades” made by the Foreign Debtors in further of investment activities", and All Blue Investment Management Ltd. (in Liquidation), filed at the U.S. Bankruptcy Court for the Southern District of Florida.
Eric White v. Brooge Energy Ltd. et al: First Amended Class Action Complaint (‘Securities Fraud’)
First Amended Class Action Complaint in Eric White v. Brooge Energy Limited, formerly known as Brooge Holdings Limited, formerly known as Twelve Seas Investment Company, domiciled in the Cayman Islands, based in Dubai, United Arab Emirates; Nicolaas L. Paardenkooper, Saleh Yammout, Syed Masood Ali, Lina Saheb, Dimitri Elkin, Neil Richardson, Stephen N. Cannon, Paul Ditchburn, Ernst & Young, and PricewaterhouseCoopers Limited Partnership, Dubai Branch at the U.S. District Court for the Central District of California.
ICM SPC v. Phoenix Commodities PVT Ltd.: Originating Summons
Originating Summons that "The Defendants be restrained from presenting, or causing Phoenix Commodities Pvt Ltd to present, a winding up petition against the Plaintiff" in ICM SPC v. Ryan Jarvis and John Johnston, as Joint Liquidators of Phoenix Commodities PVT Ltd. (in Liquidation), at the Grand Court of the Cayman Islands.
Nicholas Hofgren v. Guernsey Financial Services Commission Chairman: Judgment (‘Dismissing Appeal Against Regulatory Sanctions’)
Judgment dismissing an appeal against regulatory sanctions in Nicholas Walton Hofgren, who appears to be a dual citizen of the United Kingdom and USA v. The Chairman of the Guernsey Financial Services Commission at the Royal Court of Guernsey.
Leo Prime Services Ltd. et al: License Revocations (Seychelles)
Public Notice by the Seychelles Financial Services Authority that it has revoked the 'Securities Dealer Licence' of Leo Prime Services Limited and Securities Dealer Representative Licence' of Thoufique Ur Rehman Moideen Farooque.
‘Dubai Asset Tracing’ to be featured at OffshoreAlert London
Unlock the secrets of Dubai property ownership at OffshoreAlert London! Next month, join investigative journalists George Greenwood (The Times) and Eiliv Frich Flydal, who helped uncover a massive leak showing how Dubai has become a haven for suspected criminals worldwide. In ‘Dubai Unlocked: How To Investigate Property Ownership in a Money Launderer's Paradise’, they’ll reveal their methods and offer an exclusive hands-on workshop for deeper insights.
SEC v. Arbitrade Ltd. et al: Max Barber’s Statement of Material Facts (‘$37M Fraud’)
State of Material Facts in Support of Defendant Max Barber's Motion for Summary Judgment in U.S. Securities and Exchange Commission v. Max W. Barber at the U.S. District Court for the Southern District of Florida.
Alameda Research Ltd. v. Sasha Ivanov et al: Complaint (‘$90M Turnover’)
Complaint in Alameda Research Ltd., of the British Virgin Islands v. Aleksandr Ivanov, a.k.a. Sasha Ivanov, of the United Arab Emirates; Numeris Ltd., of Seychelles; DLTech Ltd., of Seychelles, and John Does 1-20 at the U.S. Bankruptcy Court for the District of Delaware.
Hazim Nada’s ‘UAE Smear Campaign’ claims to be analyzed at OffshoreAlert London
Italian-American Hazim Nada's allegations that his billion-dollar oil trading company was destroyed by a 'dark public relations' campaign orchestrated by the United Arab Emirates will be scrutinized at next month's OffshoreAlert London Conference. Dec 2-3, London.
Think Capital Ltd.: Company Report (Bermuda)
Company Report for Think Capital Limited, obtained from Bermuda Registrar of Companies on October 24th, 2024.
AGC Trade Finance Income Fund SPC: Directors (Cayman Islands)
Director Details for AGC Trade Finance Income Fund SPC, obtained from the Cayman Islands General Registry on October 20th, 2024.
Dubai Islamic Bank clients who invested $315M seek to wind up Cayman’s Rasmala Trade Finance Fund
Alleging regulatory breaches, at least $100 million of losses, "lack of transparency", "mismanagement", and the "need for independent investigation", a British bank ultimately representing clients of United Arab Emirates-based Dubai Islamic Bank who invested $315 million has applied to wind up Rasmala Trade Finance Fund in the Cayman Islands.
Bogdan Tecsor v. Steven Kowalski et al: Intervenor’s Complaint (‘Wrongful Bitcoin Injunction’)
Intervenor's Complaint alleging "wrongful" freezing of Bitcoin in a wallet at Kraken crypto exchange in Bogdan Tecsor, of Romania v. Steven Paul Kowalski, a citizen of Australia residing in Dubai, United Arab Emirates, and Payward Inc., d.b.a. Kraken, at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida, USA.
Labuan’s City Credit Investment Bank liquidator seeks U.S. bank records for investigation into ‘$1B Ponzi scheme’
The liquidator of Labuan-based City Credit Investment Bank Ltd. has applied to take discovery from several banks in the United States for his investigation into a suspected $1.1 billion "global fraud" against 17,000 victims, most of whom are in Taiwan.
City Credit Investment Bank Ltd. v. Citibank, N.A. et al: Discovery Application (Malaysia)
Application by Luke Furler, as the liquidator of Malaysia-based City Credit Investment Bank Ltd., to take discovery from Citibank, N.A., Bank of America, N.A., Deutsche Bank, AG, Deutsche Bank Trust Company Americas, New York, JPMorgan Chase Bank, N.A., Bank of New York Mellon Corp., Chase Manhattan Bank New York, and Credit Lyonnais New York for use in legal proceedings in Malaysia regarding a "global fraud" in which "an estimated 17,000 individuals" are "owed approximately 1.1 Billion U.S. Dollars", filed at the U.S. District Court for the Southern District of New York.
Rasmala Trade Finance Fund: Directors (Cayman Islands)
Director Details for Rasmala Trade Finance Fund, obtained fro the Cayman Islands General Registry on October 16th, 2024.
SEC v. CLS Global FZC LLC et al: Complaint (‘Crypto Investment Fraud’)
Complaint in U.S. Securities and Exchange Commission v. CLS Global FZC LLC, of the United Arab Emirates, and Andrey Zhorzhes, described as a resident of Abu Dhabi, United Arab Emirates, at the U.S. District Court for the District of Massachusetts.
Xen Capital Asia Pte Ltd.: License Revocation (Dubai)
Final Notice by the Dubai Financial Services Authority that it has revoked the 'Financial Services' license of the "DIFC Representative Office" of Xen Capital Asia Pte Ltd., of Singapore.
Allfunds Bank S.A. v. Rasmala Trade Finance Fund: Winding Up Petition (‘Mismanagement’)
Winding Up Petition in Allfunds Bank S.A., of London, England, on behalf of Dubai Islamic Bank, of the United Arab Emirates v. Rasmala Trade Finance Fund, of the Cayman Islands, at the Grand Court of the Cayman Islands.
Treefrog Capital Ltd.: Restoration Application (Cayman Islands)
Originating Application in the matter of Treefrog Capital Limited at the Grand Court of the Cayman Islands.
Levant Ltd.: License Revocation (Vanuatu)
Public Notice by the Vanuatu Financial Services Commission that it has revoked the Financial Dealers License issued to Levant Limited.
Baker Tilly MKM Chartered Accountants: Enforceable Undertaking (Dubai)
Enforceable Undertaking in Dubai Financial Services Authority v. Baker Tilly MKM Chartered Accountants.
Jocelyn Troell et al v. Binance Holdings Ltd. et al: Complaint (‘Aiding & Abetting Terrorism’)
Complaint alleging violations of the Anti-Terrorism Act in Jocelyn Troell and others who "are 102 direct victims and 168 indirect victims of terrorist attacks committed from 2017 to 2023" v. Binance Holdings Limited, of the Cayman Islands, and Changpeng Zhao, described as "a dual citizen of Canada and the United Arab Emirates who is currently serving a four-month long prison sentence in California in connection with his criminal guilty plea", at the U.S. District Court for the Southern District of New York.
USA v. CLS Global FZC LLC et al: Criminal Indictment (‘Crypto Investment Fraud’)
Criminal Indictment in USA v. CLS Global FZC LLC, of the United Arab Emirates, and Andrey Zhorzhes, who "lived in the United Arab Emirates and worked for CLS", at the U.S. District Court for the District of Massachusetts.
Christian Thurner: $183K Fine & Disqualification (Dubai)
Decision Notice by the Dubai Financial Services Authority imposing a fine of $183,603 and a corporate disqualification on Christian Franz Thurner, who is a citizen of Austria, for regulatory breaches, including lying on a license application to conceal a prior criminal conviction "outside the UAE" for fraud and other offenses, for which "Mr Thurner was sentenced to 15 months imprisonment".
OCS International Finance Ltd.: $721K Fine (Dubai)
Decision Notice by the Dubai Financial Services Authority imposing a fine of $720,905 on OCS International Finance Ltd. for regulatory breaches, including lying on a license application form to conceal that its owner, Christian Franz Thurner, who is a citizen of Austria, had a prior criminal conviction “outside the UAE” for fraud and other offenses, for which “Mr Thurner was sentenced to 15 months imprisonment”.
Dubai bank seeks U.S. records in attempt to collect on $100M judgment against UAE’s ‘wealthy Al Sari family’
The Commercial Bank of Dubai has applied to take discovery from banks in the United States as part of a long-running battle to collect on a judgment for approximately $100 million that was entered in the United Arab Emirates in 2016 against Abdalla Al Sari, his sons Mohamed Al Sari and Majid Al Sari, and related parties in a dispute that, inter alia, involves entities in the British Virgin Islands, Cayman Islands, and UAE.
Commercial Bank of Dubai PSC v. Bank of America NA et al: Discovery Application (England)
Application by Commercial Bank of Dubai PSC, of Dubai, United Arab Emirates, to take discovery from Bank of America, N.A., Bank of Communications, Barclays Bank PLC, BNP Paribas New York, Citibank, N.A., Deutsche Bank AG, Deutsche Bank Trust Company Americas, HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., Mashreqbank pcs, Mizuho Bank, Ltd. – NY, Société Générale, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, The Bank of New York Mellon, The Northern Trust Company, UBS AG, Wells Fargo Bank, N.A., and The Clearing House Payments Company L.L.C. for use in legal proceedings in England alleging fraud against Abdalla Al Sari, Majid Al Sari, Mohamed Al Sari, described as "Emirati nationals and members of the wealthy Al Sari family"; FAL Oil Co LLC, Investment Group Private Limited, IGPL General Trading LLC, Hamad Almheiri, Globe Investment Holdings Limited, MAS Capital Holdings Limited, all of the UAE, and MENA Investment Holdings Limited, of the British Virgin Islands, filed at the U.S. District Court for the Southern District of New York.
SEC v. Nicholas Bowerman: Complaint (‘Accounting Fraud’)
Complaint alleging the defendant "intentionally manipulated Pipeline’s financial results, which were incorporated into CIRCOR’s consolidated financial statements" in U.S. Securities and Exchange Commission v. Nicholas Bowerman, described as a resident of Darlington, England, who is "a former finance director at Pipeline Engineering, a business unit of CIRCOR International, Inc., a former publicly traded company based in Massachusetts", at the U.S. District Court for the District of Massachusetts.
Dubai-based Idriss Ghodbane applies to wind up Cayman fund manager International Airfinance Corporation
Dubai-based, Tunisian businessman Idriss Ghodbane has applied to wind up Cayman Islands-domiciled, UAE-based fund manager International Airfinance Corporation, alleging 'irretrievable breakdown in trust and confidence' in his business partner, Moroccan national Moulay Omar El Alaoui.
ALIF Segregated Portfolio Company: Directors (Cayman Islands)
Director Details for ALIF Segregated Portfolio Company, obtained from the Cayman Islands General Registry on September 3rd, 2024.
Mohamed Idriss Ghodbane v. International Airfinance Corporation: Winding Up Petition (‘Irretrievable Breakdown in Trust and Confidence’)
Winding Up Petition in Dr. Mohamed Idriss Ghodbane, a citizen of Tunisia residing in Dubai, United Arab Emirates v. International Airfinance Corporation, described as a Cayman Islands fund manager based in Dubai, UAE, at the Grand Court of the Cayman Islands.
CoinPayments Inc.: Directors (Cayman Islands)
Director Details for CoinPayments Inc., obtained from the Cayman Islands General Registry on September 2nd, 2024.
Khalid Nasser Muthker Alshafi Alhajeri v. BVI Registrar of Corporate Affairs: Restoration Application (Ninety Nine for Investment Ltd.)
Fixed Date Claim Form regarding Ninety Nine for Investment Limited in Khalid Nasser Muthker Alshafi Alhajeri, a.k.a. Khalid Nasser Muthker Shafi Alhajeri, of Abu Dhabi, United Arab Emirates v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.
Anupam Lunavat v. BVI Registrar of Corporate Affairs: Restoration Application (Nakshatra Ltd.)
Fixed Date Claim Form regarding Nakshatra Limited in Anupam Premchand Lunavat, of Dubai, United Arab Emirates v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.
Nissan Motor Company Ltd. et al v. Beauty Yachts PTY Ltd.: Liquidation Application (‘$13.6M Debt’)
Originating Application in Nissan Motor Company Ltd., of Japan, and Nissan Middle East FZE v. Beauty Yachts PTY Ltd., of United Arab Emirates, at the British Virgin Islands High Court.
Trader ‘owed over $21M’ applies to wind up Bybit crypto exchange in BVI
An application to wind up the operator of "a large, international online cryptocurrency exchange" known as Bybit has been filed in the British Virgin Islands by a trader who claims to be owed more than $21 million and has accused the group of 'playing a jurisdictional shell game' involving several countries, including the BVI, England, Seychelles, and Singapore.
Steven Kowalski v. Wai Kit Lo: Amended Dismissal Order (‘$80M+ Crypto Theft’)
Amended Order dismissing complaint against Wai Kit Lo regarding the alleged theft of approximately 1,400 Bitcoin for lack of personal jurisdiction in Steven Paul Kowalski, a citizen of Australia residing in Dubai, United Arab Emirates v. Wai Kit Lo, of Hong Kong, at the Circuit Court of the 11th Judicial Circuit, in and for Miami-Dade County, Florida.
SKAT v. Worldwide Asset Management Ltd.: Judgment (‘Isle of Man Asset Freeze’)
Judgment dismissing Worldwide Asset Management Limited's application to discharge freezing order in Skatteforvaltingen, a.k.a. SKAT, Denmark's tax collection agency v. Worldwide Asset Management Limited, of the Seychelles, at Isle of Man High Court.
Peter Georgiou: $980K Fine & Disqualification (Dubai)
Decision Notice by the Dubai Financial Services Authority imposing a fine of $980,020 and disqualification on Peter Georgiou for regulatory breaches while employed as a "Relationship Manager" with Mirabaud (Middle East) Limited, specifically that he "engaged in conduct that was misleading, deceptive or was likely to mislead or deceive in connection with a Financial Service".
Paramount Logistics Corporation Ltd.: Chapter 11 Petition (Cyprus)
Chapter 11 Petition by Paramount Logistics Corporation Limited, of Cyprus, at the U.S. Bankruptcy Court for the District of Delaware.
Paramount Intellectual Property Holdings, Inc.: Chapter 11 Petition (USA)
Chapter 11 Petition by Paramount Intellectual Property Holdings, Inc., of Delaware, USA, at the U.S. Bankruptcy Court for the District of Delaware.
