Liechtenstein

USA v. RAKIA: Forfeiture Complaint (‘Kenneth Zong Illegal Proceeds’)

July 26, 2018

Complaint to seize AED 73.3 million linked with Kenneth Zong in USA v. Ras Al Khaimah Investment Authority, of the United Arab Emirates, at the U. S. District Court for the District of Alaska.

NPB Neue Privat Bank AG: Non-Prosecution Agreement

July 18, 2018

Non-Prosecution Agreement between the U. S. Department of Justice and NPB Neue Privat BankAG, of Switzerland.

Tatiana Akhmedova v. Farkhad Akhmedov et al: Summary Judgment Motion

June 15, 2018

Notice of Motion for Summary Judgment in Lieu of Complaint recognizing judgments for 166 million and $478 million in England in Tatiana Akhmedova, a British citizen residing in England v. Farkhad Akhmedov, "believed to be domiciled in and a resident of Azerbaijan"; Cotor Investment SA, of Panama; Qubo 1 Establishment, Qubo Establishment, Straight Establishment, all of Liechtenstein, and Avenger Assets Corporation, of Panama, at the Supreme Court of the State of New York, County of New York.

Askelon Holdings Ltd. v. BVI Registrar of Corporate Affairs: Restoration Application

May 30, 2018

Fixed Date Claim Form in Askelon Holdings Limited v. Myrna Herbert, in her capacity as Registrar of Corporate Affairs, at the British Virgin Islands High Court.

Auctoriana Anstalt v. BVI Registrar of Corporate Affairs et al: Restoration Application

May 25, 2018

Fixed Date Claim Form in Auctoriana Anstalt v. The Registrar of Corporate Affairs and British Virgin Islands Financial Services Commission at the British Virgin Islands High Court.

Argentarius Group ‘removes’ PwC as auditor

April 12, 2018

OffshoreAlert has uncovered more red flags concerning the Argentarius Group, which operates investment platforms in Malta, Gibraltar and the Cayman Islands. PwC has become the second auditor to be 'removed' in less than three years, while Argentarius' predecessor firm - Minerva Investments - collapsed amid a fraud investigation by the financial regulator in Liechtenstein.

Britannia Holdings (2006) Ltd. v. HMS Cayman Ltd. et al: Writ of Summons

September 27, 2017

Writ of Summons in Britannia Holdings (2006) Ltd. v. HMS Cayman Ltd., Jean-Marc Lesieur, Michael Joseph Jacob, and Private Equity Services (Curacao) NV at the Grand Court of the Cayman Islands.

Malta’s Argentarius Group kicked off Gibraltar Stock Exchange

September 21, 2017

Argentarius Group, which operates investment platforms in Malta, Gibraltar and the Cayman Islands on which several suspect schemes have been trying to raise funds, has been kicked off the Gibraltar Stock Exchange.

Vitaly Smagin v. Ashot Yegiazaryan et al: Complaint

August 18, 2017

Complaint for the recovery of an allegedly fraudulent conveyance in Vitaly Ivanovich Smagin v. Ashot Yegiazaryan, a.k.a. Ashot Egiazaryan, described as a citizen of Russia residing in Beverly Hills, California, and CTX Treuhand AG, as Trustee for the Alpha Trust, of Liechtenstein, at the U. S. District Court for the Central District of California.

Interagency First Ltd. v. BVI Registrar of Companies: Fixed Date Claim Form

May 9, 2017

Fixed Date Claim Form in Michael Hagen, as Voluntary Liquidator of Interagency First Ltd. v. Myrna Herbert, as Registrar of Companies, at the British Virgin Islands High Court.

Lilly Perry v. Dieter Neupert et al: Complaint

April 14, 2017

Complaint alleging that a Swiss attorney misappropriated an asset in France worth €25 million after a client died in Lilly Lea Perry, 72, the widow of Israel Igo Perry v. Dieter Walter Neupert, described as "Senior Partner" of Neupert Vuille Partners law firm, in Zurich, Switzerland, and Côte d'Azur Estate Corporation, of Delaware, at the Court of Chancery of the State of Delaware.

Banca Turco Romana SA: Chapter 15 Petition

March 13, 2017

Chapter 15 Recognition of a Foreign Main Proceeding in Romania by Marina Cornelia Saita, as the Foreign Representative of Banca Turco Romana SA, at the U. S. Bankruptcy Court for the Southern District of Florida.

Jan Tersteeg v. BVI Registrar of Corporate Affairs et al: Fixed Date Claim Form

March 8, 2017

Fixed Date Claim Form in Jan Tersteeg v. The Registrar of Corporate Affairs and Financial Services Commission at the British Virgin Islands High Court.

Michelin Retirement Plan et al v. Dilworth Paxson LLP et al: Complaint

November 10, 2016

Complaint in The Michelin Retirement Plan and the Investment Committee of The Michelin Retirement Planet v. Dilworth Paxson LLP, BFG Socially Responsible Investments Ltd., Burnham Financial Group Inc., Burnham Securities Inc., COR Fund Advisors LLC, GMT Duncan LLC, Greenberg Traurig LLP, Thorsdale Fiduciary and Guaranty Company Ltd., U.S. Bank N.A., Valor Group Ltd., Wakpamni Lake Community Corp., Wealth-Assurance AG, Wealth Assurance Private Client Corporation, Timothy B. Anderson, Jon Michael Burnham, Devon D. Archer, Bevan T. Cooney, Hugh Dunkerley, Jason W. Galanis, John P. Galanis, Gary T. Hirst, Frankie D. Hughes, and Michelle A. Morton at the U. S. District Court for the District of South Carolina.

Michelin Retirement Plan v. Dilworth Paxson LLP et al: Complaint

November 10, 2016

Complaint in The Michelin Retirement Plan and the Investment Committee of the Michelin Retirement Plan v. Dilworth Paxson LLP, BFG Socially Responsible Investments Ltd., Burnham Financial Group Inc., Burnham Securities Inc., COR Fund Advisors LLC, GMT Duncan LLC, Greenberg Traurig LLP, Thorsdale Fiduciary and Guaranty Company Ltd., US Bank National Association, Valor Group Ltd., Wakpamni Lake Community Corp., Wealth-Assurance AG, Wealth Assurance Private Client Corporation, Timothy B. Anderson, Jon Michael Burnham, Devon D. Archer, Bevan T. Cooney, Hugh Dunkerley, Jason W. Galanis, John P. Galanis, Gary T. Hirst, Frankie D. Hughes, and Michelle A. Morton at the U. S. District Court for the District of South Carolina.

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.

Gable Insurance forced into administration in Liechtenstein

October 13, 2016

Cayman Islands-owned Gable Insurance AG, which provided apparently sham insurance for at least three fraudulent offshore investment schemes, has been taken over by its local regulator in Liechtenstein.

Offshore insurer Gable Insurance ordered to stop writing new business

October 3, 2016

Liechtenstein insurer Gable Insurance, whose Cayman Islands parent is listed on the London Stock Exchange's AIM and which has provided apparently sham insurance for at least three investment schemes that swindled investors out of more than £200 million, has been ordered to stop writing new business by its local regulator.

SEC v. Devon Archer et al: Complaint

May 11, 2016

Complaint in U. S. Securities and Exchange Commission v. Devon D. Archer, Bevan T. Cooney, Hugh Dunkerley, Jason W. Galanis, John P. Galanis, Gary T. Hirst and Michelle A. Morton at the U. S. District Court for the Southern District of New York.

USA v. Jason Galanis et al: Criminal Complaint

May 9, 2016

Criminal Complaint in USA v. Jason Galanis, Gary Hirst, John Galanis, Hugh Dunkerley, Michelle Morton, Devon Archer, and Bevan Cooney at the U. S. District Court for the Southern District of New York.

USA v. Florian Homm et al: First Superseding Indictment

December 2, 2015

First Superseding Indictment alleging securities fraud and money laundering in USA v. Florian Homm, Todd Ficeto, Colin Heatherington, and Craig Heatherington at the U.S. District Court for the Central District of California.

Peter Meyer v. Myrna Herbert: Fixed Date Claim Form

November 6, 2015

Fixed Date Claim Form in Peter Meyer v. Myrna Herbert at the British Virgin Islands High Court.

Anguilla regulator suspends Drake Incubator PCC after OffshoreAlert exposé

September 23, 2015

Anguilla-based mutual fund vehicle Drake Incubator PCC - which is controlled by BVI-based Drake Fund Advisors and the Osiris Group - has been suspended from providing any licensed services to its only sub-fund - GRRE Investment Fund - after OffshoreAlert exposed one of GRRE's directors, who is part of Belvedere Management Group's global criminal financial enterprise.

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.

Absolute Activist Value Master Fund Ltd. et al v. Susan Devine: TRO Motion

June 1, 2015

Motion for Temporary Restraining Order in Absolute Activist Value Master Fund Ltd., Absolute East West Fund Limited, Absolute East West Master Fund Limited, Absolute European Catalyst Fund Limited, Absolute Germany Fund Limited, Absolute India Fund Limited, Absolute Octane Fund Limited, Absolute Octane Master Fund Limited, and Absolute Return Europe Fund Limited, all of the Cayman Islands v. Susan Elaine Devine, a citizen of Brazil and the United States, at the U. S. District Court for the Middle District of Florida.

Absolute Activist Value Master Fund Ltd. et al v. Susan Devine: Complaint

June 1, 2015

Complaint alleging the defendant "has been engaged in a criminal enterprise with her notorious former husband and father of her two children, Florian Wilhelm Jürgen Homm , knowingly concealing, transferring, and using for her own benefit tens of millions of dollars fraudulently taken from the Plaintiff Funds" in Absolute Activist Value Master Fund Ltd., Absolute East West Fund Limited, Absolute East West Master Fund Limited, Absolute European Catalyst Fund Limited, Absolute Germany Fund Limited, Absolute India Fund Limited, Absolute Octane Fund Limited, Absolute Octane Master Fund Limited, and Absolute Return Europe Fund Limited, all of the Cayman Islands v. Susan Elaine Devine, described as a citizen of Brazil and the United States, at the U. S. District Court for the Middle District of Florida.

10-Year War: USA v. Eurofed Bank’s Offshore Liquidators For $150 m in Offshore Banks

May 5, 2015

This session will look at a 10-year legal battle between the USA and the liquidators of Eurofed Bank, in Antigua, for control over assets accumulated by corrupt former Ukraine Prime Minister Pavlo Lazarenko.

USA v. Martin Dunki: Criminal Indictment

November 13, 2014

Criminal Indictment for conspiracy to commit tax fraud in USA v. Martin Dunki, a Swiss banker, at the U. S. District Court for the Southern District of New York.

Royal Luxembourg Soparfi is not a ‘hollow insurer’, says director Salvatore Cugliari

October 13, 2014

Letter from Salvatore Cugliari denying a claim by the provisional liquidators of fraudulently-operated Cayman Islands-based Centaur Litigation SPC, Centaur Litigation Limited, and Centaur Litigation Unit Series 1 Limited that Royal Luxembourg Soparfi is a "hollow insurer". Royal Luxembourg Soparfi is "a holding company, not an insurer", writes Cugliari.

USA v. Credit Suisse AG: Statement of Facts

May 19, 2014

Statement of Facts in USA v. Credit Suisse AG at the U. S. District Court for the Eastern District of Virginia.

USA v. swisspartners Investment Network AG: Forfeiture Complaint

May 9, 2014

Forfeiture Complaint, with a Non-Prosecution Agreement with Swisspartners Group as an exhibit, in USA v. swisspartners Investment Network AG at the U. S. District Court for the Southern District of New York.

USA v. Josef Dorig: Statement of Facts

April 30, 2014

Statement of Facts in USA v. Josef Dorig, a citizen of Switzerland, at the U. S. District Court for the Eastern District of Virginia.

Eu Leonem Investments Ltd. v. Liborato Ltd.: Fixed Date Claim Form

April 10, 2014

Fixed Date Claim Form in Eu Leonem Investments Limited v. Liborato Limited at the British Virgin Islands High Court.

Farrell Fritz, P.C. v. Jurg Keller et al: Complaint

March 31, 2014

Complaint in Farrell Fritz, P.C. v. Jurg Keller, Christof Ebersberg, Prasidial-Anstalt, Five Star Foundation Vaduz, and Oeroem Foundation at the U. S. District Court for the Eastern District of New York.

Sibylle Hefti v. BVI Registrar of Corporate Affairs et al: Fixed Date Claim Form

February 13, 2014

Fixed Date Claim Form in Sibylle Hefti v. British Virgin Islands Registrar of Corporate Affairs and British Virgin Islands Financial Services Commission at the British Virgin Islands High Court.

Czech Republic: Michal Bazant et al

February 10, 2014

Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from the Czech Republic - for a criminal investigation into Michal Bazant and Petr Ondrej for suspected embezzlement from CE Solar.

Liechtenstein insurer and London broker to be sued by Axiom Receivers

December 21, 2013

The Receivers of Axiom Legal Financing Fund are to sue Liechtenstein-licensed insurer Gable Insurance AG and London-based broker Legal Expense Solutions Limited as part of their attempt to recover assets for investors who were swindled out of more than £100 million.

Axiom Legal Financing Fund: Order Sanctioning Legal Actions

December 12, 2013

Order Sanctioning Legal Actions In the Matter of Axiom Legal Financing Fund at the Grand Court of the Cayman Islands.

Westburg Anstalt v. Profitstar Anstalt: Claim Form

September 12, 2013

Claim Form in Westburg Anstalt v. Profitstar Anstalt at the British Virgin Islands High Court.

USA v. David Leon Fredrick et al: Criminal Indictment

May 15, 2013

Indictment for alleged tax fraud in USA v. David Leon Fredrick and Patricia Lynn Hough, allegedly both clients of UBS AG, at the U. S. District Court for the Middle District of Florida involving two Caribbean medical schools: Saba University School of Medicine, in Saba, and Medical School of the Americas, in St. Kitts & Nevis.

USA v. Edgar Paltzer et al: Criminal Indictment

April 16, 2013

Indictment in USA v. Edgar Paltzer and Stefan Buck, an attorney and private banker, respectively, both based in Switzerland, at the U. S. District Court for the Southern District of New York.

USA v. Florian Homm: Criminal Indictment

March 19, 2013

Criminal Indictment alleging "a multi-million dollar fraud on investors in various hedge funds" in the Cayman Islands in USA v. Florian Wilhelm Jurgen Homm at the U. S. District Court for the Central District of California.

USA v. Wegelin & Co.: USA’s Sentencing Memorandum

February 25, 2013

USA's Sentencing Memorandum in USA v. Wegelin & Co. at the U. S. District Court for the Southern District of New York.

USA v. Sherman Mazur et al: Criminal Indictment

January 29, 2013

Indictment in USA v. Sherman Mazur, Ari Kaplan, Grover Henry Colin Nix IV, Regis Possino, Edon Moyel, Mark Harris, Joseph Davis, a.k.a. Joey Davis; Curtis Platt, and Dwight Brunoehler at the U. S. District Court for the Central District of California.

USA v. Regis Possino et al: Criminal Indictment

January 22, 2013

Indictment in USA v. Regis Possino, Grover Henry Colin Nix IV, Tarun Mendiratta, Ivano Angelastri, Mark Harris, Edon Moyal, Joseph Scarpello, Julian Spitari, Peter Dunn, William Mackey, and Joseph Davis, a.k.a. Joey Davis at the U. S. District Court for the Central District of California.

USA v. Stephan Fellmann et al: Criminal Indictment

December 19, 2012

Indictment in USA v. Stephan Fellmann, Otto Huppi, a.k.a. Otto Hueppi, and Christof Reist at the U. S. District Court for the Southern District of New York. The defendants are current or former employees of Swiss bank Zuercher Kantonalbank.

Sen. Carl Levin Letter: Closing 10 Offshore Tax Loopholes

October 5, 2012

Letter about closing offshore ten tax loopholes from Senator Carl Levin to Senator Harry Reid, Senator Mitch McConnell, Senator Dick Durbin, Senator Jon Kyl, Senator Kent Conrad, Senator Saxby Chambliss, Senator Mark Warner, Senator Mike Crapo, Senator Tom Coburn, Senator Michael Bennet, Senator Mike Johanns, Senator John McCain, Senator Jeanne Shaheen, Senator Lindsey Graham, Senator Sheldon Whitehouse, Senator Kelly Ayotte, Honorable Timothy Geithner, Secretary of the Treasury; Gene Sperling, Director, National Economic Council, dated October 5, 2012.

VP Bank applies to liquidate MVP Fund of Funds in the BVI

July 9, 2012

Liechtenstein-headquartered VP Bank has applied to have Luxembourg Stock Exchange-listed MVP Fund of Funds Limited placed into liquidation in the British Virgin Islands, where the Fund is domiciled, claiming it is owed US$9.5 million in outstanding loans.

Verwaltungs- und Privat-Bank Aktiengesellschaft v. MVP Fund of Funds Limited: Originating Application

June 22, 2012

Originating Application in Verwaltungs- und Privat-Bank Aktiengesellschaft v. MVP Fund of Funds Limited at the British Virgin Islands High Court.

USA v. Wolfgang Roessel: Statement of Facts

May 31, 2012

Statement of Facts in USA v. Wolfgang Roessel, a client of UBS and Wegelin & Co., at the U. S. District Court for the Southern District of Florida.