Panama

Andres Sanchez v. BVI Registrar of Corporate Affairs et al: Restoration Application (Zelcord Ltd.)

February 13, 2017

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

Uni-Asia Holdings Ltd.: Petition

February 13, 2017

Petition in the matter of Uni-Asia Holdings Limited at the Grand Court of the Cayman Islands.

USA v. Robert Bandfield: USA’s Sentencing Memorandum

February 2, 2017

USA's Sentencing Memorandum in USA v. Robert Bandfield at the U. S. District Court for the Eastern District of New York.

USA v. Gregg Mulholland: USA’s Sentencing Memorandum

January 23, 2017

USA's Sentencing Memorandum in USA v. Gregg Mulholland at the U. S. District Court for the Eastern District of New York.

Montana court issues order to aid IRS investigation into clients of Sovereign Management & Legal

January 19, 2017

A federal judge in Montana yesterday granted a petition from the Internal Revenue Service to enforce 'John Doe' summonses that are intended to reveal the identities of US taxpayers who used a 'Sovereign Gold Card' issued by offshore services provider Sovereign Management & Legal, Ltd. and related entities.

USA v. Robert Bandfield: Bandfield’s Sentencing Memorandum

January 13, 2017

Robert Bandfield's Sentencing Memorandum in USA v. Robert Bandfield at the U. S. District Court for the Eastern District of New York.

Meridian Trust Company et al v. Eike Batista et al: Complaint

January 12, 2017

Complaint in Meridian Trust Company, as Trustee for The Chrisly Trust, and American Associated Group, Ltd. v. Eike Batista, Eike Batista, Werner Batista, Thor Batista, Paulo Mendonca, Flavio Godinho, Paulo Gouvea, Marcus Berto, Luiz Carneiro, Aziz Ben Ammar, 63X Investments Ltd., 63X Master Fund, 63X Fund, EBX Holding, Ltda., EBX International, S.A., EBX Capital Partners, Centennial Asset Mining Fund, LLC, Centennial Asset Brazilian Equity Fund LLC, Thorque1 Fund Ltd., Thorque Investment Management Ltd., Olin Batista, Flavia Sampaio, and Luma De Oliveira at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.

USA v. Michael Behr re. Sovereign Management & Legal, Ltd.: Petition to Enforce ‘John Doe’ Summons

January 11, 2017

Petition to Enforce 'John Doe' Summons in USA v. Michael Behr regarding clients of Sovereign Management & Legal, Ltd. at the U. S. District Court for the District of Montana.

USA v. Gregg Mulholland: Mulholland’s Sentencing Memorandum

January 10, 2017

Gregg Mulholland's Sentencing Memorandum in Gregg Mulholland, Robert Bandfield, Philip Kueber, Brian De Wit, Paula Psyllakis, Kelvin Leach, Rohn Knowles, Cem Can, Andrew Godfrey, IPC Management Services, LLC, IPC Corporate Services Inc., IPC Corporate Services LLC, Legacy Global Markets S.A., Titan International Securities Inc. and Unicorn International Securities LLC at the U. S. District Court for the Eastern District of New York.

Vneshprombank Ltd.: Chapter 15 Petition (Russia)

December 19, 2016

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Russia by the State Corporation 'Deposit Insurance Agency', as the Foreign Representative of the Foreign Economic Industrial Bank Limited, a.k.a. Vneshprombank Ltd., at the U. S. Bankruptcy Court for the Southern District of New York.

Venezuela: Juan Jose Rendon

December 8, 2016

Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Venezuela - for a criminal investigation into Juan Jose Rendon for suspected sexual assault.

Italy: Luciano Marucci

December 6, 2016

Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Italy - for a criminal investigation into Luciano Marucci for alleged abuse of power.

Mossack Fonseca & Co. (B.V.I.) Ltd.: $440K Fine

November 11, 2016

Administrative Penalty imposed on Mossack Fonseca & Co. (B.V.I.) Ltd. by the British Virgin Islands Financial Services Commission.

Bateman & Company Ltd.: Foreign Recognition Petition

November 7, 2016

Petition by Christopher Johnson and Graham Robinson, as Joint Official Liquidators v. Bateman & Company Ltd. (in Official Liquidation) at Bahamas Supreme Court.

Privilege Wealth takes down websites after OffshoreAlert exposé (then brings them back up)

October 20, 2016

Within hours of OffshoreAlert's exposé of Privilege Wealth being published last night, the fraudulently-operated global investment group took their websites offline (before bringing them back online after the first version of this article was published). The group's main websites at www.pwplc.com, www.privilegewealthlp.com and www.privilegedirect.com were temporarily unavailable.

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.

Panama: Joya Industries, Inc.

October 18, 2016

Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Panama - for a criminal investigation into an alleged burglary at the offices of Soluciones Ambientales de Cocle, SA.

Harmodio Herrera v. BVI Financial Services Commission et al: Fixed Date Claim Form

October 5, 2016

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

SEC v. Caledonian Bank Ltd. et al: Opinion & Order Re. Settlement

September 28, 2016

Opinion and Order in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd. and Caledonian Securities Ltd. at the U. S. District Court for the Southern District of New York.

Prodel Company Ltd.: Originating Application

September 27, 2016

Originating Application In the Matter of Prodel Company Ltd. at the Grand Court of the Cayman Islands.

Offshore fraudster Marc Harris released early from US prison

September 8, 2016

The target of OffshoreAlert's first major exposé, Marc M. Harris, way back in 1998 was released from prison in the United States last month after serving 13 years and three months of a 17-year sentence for tax evasion and money laundering. Records that would explain his early release have been sealed by the Florida court but Harris regularly complained of serious health issues during his time in custody.

Andres Sanchez v. BVI Registrar of Corporate Affairs et al: Restoration Application (lngenieria Electrica y Electromecanica S.A.)

September 6, 2016

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

Belvedere’s David Cosgrove banned by Mauritius regulator

August 28, 2016

Seventeen months after being exposed as a serial fraudster by OffshoreAlert, Irishman David Cosgrove has been banned from serving as a corporate officer in Mauritius, while fellow director Francess Henriette was also banned and Belvedere Management Limited has its management license revoked.

Vancor Participations SA v. Taurus Gold Ltd.: Liquidation Application

August 25, 2016

Liquidation Application in Vancor Participations S.A. v. Taurus Gold Limited at the British Virgin Islands High Court.

USA v. Marc M. Harris: Amended Criminal Judgment

August 18, 2016

Amended Judgment in a Criminal Case in USA v. Marc M. Harris at the U. S. District Court for the Southern District of Florida.

Ong Beng Seng v. Kuo Investments Ltd.: Winding Up Petition

August 18, 2016

Winding Up Petition in Beng Seng v. Kuo Investments Ltd. at the Grand Court of the Cayman Islands.

Taurus Gold Ltd. v. Vancor Participations SA: Originating Application

July 15, 2016

Originating Application in Taurus Gold Limited v. Vancor Participations S.A. at the British Virgin Islands High Court.

Lakatamia Shipping Co Ltd. v. Nobu Su: Writ of Summons (2016)

June 22, 2016

Writ of Summons in Lakatamia Shipping Co Limited v. Nobu Su at the Grand Court of the Cayman Islands.

Rutek Ltd. v. Baribar Ltd.: Liquidation Application

June 15, 2016

Liquidation Application in Rutek Limited v. Baribar Limited at the British Virgin Islands High Court.

USA v. Robert Bandfield et al: Bandfield’s Motion to Suppress Evidence

May 10, 2016

Bandfield's Motion to Suppress Evidence in USA v. Robert Bandfield, Unicorn International Securities LLC, Titan International Securities Inc., Legacy Global Markets S.A., IPC Corporate Services LLC, IPC Corporate Services Inc., IPC Management Services, LLC, Andrew Godfrey, Cem Can, Rohn Knowles, Kelvin Leach, Paula Psyllakis, Brian De Wit, Philip Kueber, and Gregg Mulholland at the U. S. District Court for the Eastern District of New York.

‘The Panama Papers’: An Analysis

May 3, 2016

This session will look at the biggest leak in the history of global finance - 11.5 million records revealing the hitherto hidden offshore financial dealings of over 12 current and former world leaders, including prime ministers of Iceland and Pakistan, the president of Ukraine and the king of Saudi Arabia; 128 additional politicians and public officials around the world, and others.

Mossack Fonseca & Co. (B.V.I.) Ltd.: Directive

April 29, 2016

Directive by the British Virgin Islands Financial Services Commission regarding Mossack Fonseca & Co. (B.V.I.) Ltd.

SEC v. Caledonian Bank Ltd. et al: Sentinel Trust’s Notice of Motion to Intervene

April 28, 2016

Notice of Motion to Intervene by Sentinel Trust Services Limited in the U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Clear Water Securities, Inc., Legacy Global Markets S.A. and Verdmont Capital S.A. at the U. S. District Court for the Southern District of New York.

Mossack Fonseca & Co. (B.V.I.) Ltd.: $31.5K Fine

April 11, 2016

Administrative Penalty by the British Virgin Islands Financial Services Commission against Mossack Fonseca & Co. (B.V.I.) Ltd.

John B. Foster v. BVI Registrar of Corporate Affairs et al: Order

April 4, 2016

Order in John B. Foster v. The Registrar of Corporate Affairs and The Financial Services Commission at the British Virgin Islands High Court.

John B. Foster v. BVI Registrar of Corporate Affairs et al: Fixed Date Claim Form

April 1, 2016

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

Fastex Group Ltd. v. BVI Registrar of Corporate Affairs: Fixed Date Claim Form

March 29, 2016

Fixed Date Claim Form in Delio Jose De Leon Mela, as former liquidator of Fastex Group Ltd., v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Wendel Investments Ltd. v. BVI Registrar of Corporate Affairs: Fixed Date Claim Form

March 29, 2016

Fixed Date Claim Form in Delio Jose De Leon Mela, as former liquidator of Wendel Investments Ltd., v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Panabroker Protecting and Indemnity Association SA v. Vneshprombank et al: Complaint

March 22, 2016

Complaint in Panabroker Protecting and Indemnity Association S.A., of Panama v. Vneshprombank, a.k.a. The Foreign Economic Industrial Bank, of Russia; LM Realty 31B LLC, LM Realty 27D LLC, LM Realty 24C LLC, LM Realty 23H LLC, LM Realty 20A LLC, LM Realty 18 West LLC, LM Realty 10C LLC, f.k.a. One Riverside Park Realty LLC, and LM Property Management LLC at the U. S. District Court for the Southern District of New York.

USA v. Miguel Trujillo: Plea Agreement

March 8, 2016

Plea Agreement in USA v. Miguel Trujillo at U. S. District Court for the Eastern District of New York.

USA v. Miguel Trujillo: Criminal Information

March 8, 2016

Criminal Information in USA v. Miguel Trujillo at the U. S. District Court for the Eastern District of New York.

Belvedere Management firm wound-up over ‘£36 m boiler room scam’

February 19, 2016

A British affiliate of Belvedere Management Group that is ultimately-owned by Cayman Islands-domiciled Brighton SPC has been wound up "in the public interest" in London for involvement in a boiler room fraud that swindled investors out of £36 million. Another Belvedere affiliate is fighting a similar winding-up petition.

Maria Antonia Heilbron de Cardoze v. BVI Registrar of Corporate Affairs et al: Claim Form

February 16, 2016

Claim Form in Maria Antonia Heilbron de Cardoze v. The Registrar of Corporate Affairs and The Financial Services Commission at the British Virgin Islands High Court.

Caledonian Bank officers ‘complicit’ in $38 m securities fraud, says SEC

February 8, 2016

Records provided to the U. S. SEC by the liquidators of Cayman Islands-domiciled Caledonian Bank show that "high-level employees" of the bank were "complicit" in a pump-and-dump securities fraud by clients that netted a $38 million profit, says the regulator. Caledonian has agreed to pay $25 m in "disgorgement" but the SEC has agreed to "forgo payment" due to the bank's insolvency.

SEC v. Caledonian Bank Ltd. et al: Proposed Settlement

February 8, 2016

Proposed Settlement in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd. and Caledonian Securities Ltd. at the U. S. District Court for the Southern District of New York.

Panama broker Verdmont Capital goes into liquidation

January 13, 2016

Panama-based broker-dealer Verdmont Capital has become the latest offshore defendant in a securities fraud lawsuit filed by the U. S. Securities and Exchange Commission to go into liquidation.

SEC v. Verdmont Capital, S.A. et al: Notice of Liquidation

January 12, 2016

Notice of Liquidation of Verdmont Capital, S.A. in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Verdmont Capital, S.A., Clear Water Securities, Inc. and Legacy Global Markets S.A. at the U. S. District Court for the Southern District of New York.

CONCACAF v. Elmore Sports Group, Ltd. et al: Complaint

December 21, 2015

Complaint in The Confederation of North, Central American and Caribbean Association Football, a.k.a. CONCACAF v. Elmore Sports Group, Ltd., Cartan Tours, Inc., iSportsMarketing, LLC, Gant Travel, Ltd., David G. Elmore, and Daniel L. Gamba at the U. S. District Court for the Central District of California.

Caledonian Bank to pay ‘nothing’ in SEC settlement

December 18, 2015

The SEC's fraud lawsuit against Cayman Islands-based Caledonian Bank has gone from bad to worse for the U. S. regulator, with two of the agency's main attorneys on the case leaving following criticism from a federal judge and an agreed settlement between the parties requiring the bank to make "no monetary payment".

SEC v. Caledonian Bank Ltd. et al: Plan of Discovery

December 18, 2015

Plan of Discovery regarding Verdmont Capital, S.A. in U. S. Securities and Exchange Commission v. Caledonian Bank Ltd., Caledonian Securities Ltd., Verdmont Capital, S.A., Clear Water Securities, Inc. and Legacy Global Markets S.A. at the U. S. District Court for the Southern District of New York.