John McCauley: Disqualification (Isle of Man)
Disqualification Order by the Isle of Man Financial Services Authority regarding John McCauley.
Lukas Nakos: Disqualification
Disqualification Order by the Isle of Man Financial Services Authority regarding Lukas Nakos.
Alan Louis: Disqualification
Disqualification Order by the Isle of Man Financial Services Authority regarding Alan Louis.
Isle of Man FSA v. Alan Louis et al: Judgment
Judgment in the Isle of Man Financial Services Authority v. Alan Louis, John McCauley, and Lukas Nakos, all of South Africa, at the Isle of Man High Court.
Peters International (Cayman) Ltd.: Restoration Application
Originating Application in the matter of Peters International (Cayman) Limited at the Grand Court of the Cayman Islands.
Edward Fagan v. Chase Bank et al: Discovery Application
Application for discovery in Edward Fagan v. Chase Bank, East West Bank, Bank of America, Mei You Le Inc., Jianhua Ma, Xuxin Liu, Zhejiang Sunmarr International Trans Co. Ltd., and Mellin Fan at the U. S. District Court for the Central District of California.
Oak Trust (Guernsey) Ltd. et al v. William Dewsall: Complaint
Claim Form and Particulars of Claim involving Gable Holdings Inc., of the Cayman Islands, and Gable Insurance AG, of Liechtenstein, in Kevin Alcock, of Surrey, England; Oak Trust (Guernsey) Limited, of Guernsey; Baytree Group Holdings Limited, Morvale Company Limited, and Aggaris Investments Limited, all of the British Virgin Islands; Christopher Lawrance, of South Africa; Corita Metelerkamp, of Surrey, England; Roy Campbell, of South Africa, and CriSeren Investments Limited, of Wales v. William Dewsall, of London, England, at the High Court for England and Wales.
StarCrowd Corp. et al v. AfrAsia Bank Ltd. et al: Complaint
Complaint in StarCrowd Corporation and Kevin Reeves v. AfrAsia Bank Ltd., Bray Group Ltd., Kane Davis Cooper Ltd., Alan Liddington, Jack Hammond, Blake Taylor, James Swanson, and Emma Leong at the U. S. District Court for the Northern District of California.
Mirlene Helen Loraine Taljaard v. BVI Registrar of Corporate Affairs: Restoration Application
Fixed Date Claim Form in Mirlene Helen Loraine Taljaard v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.
The Global Mutual Fund PCC et al: Administrators’ Final Report
Final Report of the Joint Administration Managers of The Global Mutual Fund PCC Limited, The Worldwide Mutual Fund PCC Limited, and The Universal Mutual Fund ICC Limited - all part of the Belvedere Management Group - to The Royal Court of Guernsey and Investors.
Hiscox Bermuda accuses CFO Yuval Abraham of $1.8M fraud
London Stock Exchange-listed insurance group Hiscox has accused the recently-fired Chief Financial Officer of its Bermuda operations, Yuval Abraham, of misappropriating $1.8 million.
Hiscox Services Ltd. et al v. Montres Journe NY, LLC: Foreign Discovery Petition
Notice of Petition for an Order Granting Leave to Issue Subpoenas to Montres Journe NY, LLC for use in legal proceedings in Bermuda between Hiscox Services Ltd., Hiscox Agency Ltd., and Hiscox Insurance Company (Bermuda) Limited, as plaintiffs, and Yuval Abraham, as defendant, filed at the U. S. District Court for the New York.
Alphaglobal Capital Inc. v. Eastern Platinum Ltd. et al: Claim Form
Claim Form in Alphaglobal Capital Inc. v. Eastern Platinum Limited and Eastplats International Inc. at the British Virgin Islands High Court.
Cobus Kellermann v. Tiso Blackstar Group (Proprietary) Ltd.: Defamation Complaint
Combined Summons in Jacobus Everhardus Kellermann v. Tiso Blackstar Group (Proprietary) Limited at the High Court of South Africa.
Avanti Communications Group Plc: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in England and Wales by Patrick Willcocks, as the Foreign Representative of Avanti Communications Group Plc, at the U. S. Bankruptcy Court for the Southern District of New York.
Global Distressed Alpha Fund III LP et al v. Hamilton Downing Quinn LLP: Complaint
Complaint in Global Distressed Alpha Fund III LP, Global Distressed Alpha Capital I Limited, and Global Distressed Alpha Fund Management Limited, all of Bermuda v. Hamilton Downing Quinn LLP, a London law firm, at the High Court of Justice for England and Wales.
Brighton SPC: Liquidators’ Fifth Report
Fifth Report of the Joint Official Liquidators of Brighton SPC.
Cobus Kellermann v. Alec Hogg: Defamation Complaint
Combined Summons in Jacobus Everhardus Kellermann v. Alexander Brian Hogg at the High Court of South Africa.
Caribbean Island Developments Ltd. v. RE/MAX Cayman Islands et al: Judgment
Judgment of dismissal and memorandum opinion in the Joint Official Liquidators of Caribbean Island Developments, Ltd., both as liquidator of CID and as successor-in-interest to Richard Allen, Dr. Byong Uk Chung, Ted V. Clark, Jill Bowers-Destro, Joseph Anthony Destro, Kevin Gildner, Tony Jenkins, Joy La France, Thomas Leidell, Nancy Leidell, Joan Link, Ken Liss, Martin McCarthy, Patrizia McCarthy, John Mikutowicz, Jack Neilsen, Gitte Neilsen, Jonathan Parker, Cheryl Parker, Marcus Pender, Mary J. Shanahan, Douglas Spencer, Kathleen Spencer, Richo Strydom, G. David Thomas, Mike Thomas, and Christopher Curlew Tribelhorn, v. RE/MAX Holdings, Inc., RMCO LLC, RE/MAX, LLC, Simba Ltd., d.b.a. RE/MAX Cayman Islands; Kim Lund, James Bovell, Oliver DeHart, and Michael Beggs at the U. S. District Court for the Northern District of Illinois.
With news services like South Africa’s Moneyweb, no wonder fraudsters thrive
For a few years now, I've been flabbergasted by articles published by South African financial news service Moneyweb about Belvedere Management Group, which OffshoreAlert exposed as a global criminal financial enterprise in 2015.Since OffshoreAlert's exposé, Moneyweb has gone out of
Guernsey FSC v. Belvedere Group: Letter
Letter from Guernsey Financial Services Commission concerning an investigation, known as 'Project Sauveur', into the Belvedere Management Group.
Guernsey insurer of Privilege Wealth investors’ capital loses license
In ominous news for investors in Privilege Wealth's insolvent $40 million investment scheme, the company they were told was insuring their principal - Affinity Insurance PCC Limited - has lost its insurance license in Guernsey.
Companies House starts ‘Compulsory Strike Off’ action against Privilege Wealth Plc
Britain's Companies House has started the process of compulsorily striking off Privilege Wealth Plc, which was exposed as a fraud by OffshoreAlert nine months ago.
International Hotel Properties Ltd.: Fixed Date Claim Form
Fixed Date Claim Form In the Matter of International Hotel Properties Limited at the British Virgin Islands High Court.
Cell C Proprietary Ltd.: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in South Africa by Paolo Pianezze, Robert Pasley, and Graham Mackinnon, as the Foreign Representatives of Cell C Proprietary Limited, at the U. S. Bankruptcy Court for the Southern District of New York.
Privilege Wealth Notes suspended on Bermuda Stock Exchange
Trading in one of the main fund-raising vehicles for the fraudulently-operated Privilege Wealth investment group has been suspended by the Bermuda Stock Exchange after its Listing Sponsor, Estera Securities, formerly Appleby Securities, apparently resigned.
Nigerian Aglp Exploration Ltd. v. Camac International Ltd.: Winding Up Petition
Winding Up Petition in Nigerian Aglp Exploration Ltd. v. Camac International Limited at the Grand Court of the Cayman Islands.
Privilege Wealth Plc misses filing deadline for first annual accounts
Privilege Wealth Plc, the British arm of the fraudulently-operated Privilege Wealth investment group, has missed a deadline to file its first annual accounts - the latest setback to worry investors who are believed to have invested more than $40 million.
Gavin Gainsford et al v. Casper Scharrighuisen et al: Order
Order in Gavin Cecil Gainsford N.O. and Mario Paul Malters N.O., as Trustees of the insolvent Estate of Casper Scharrighuisen; and Megacube Minin (Pty) Limited v. Casper Scharrighuisen, Anticus Limited, Cims Group Ltd., and RSA Private Foundation at the British Virgin Islands High Court.
Privilege Wealth websites go down as chaotic collapse continues
The two main websites for Privilege Wealth's fraudulent investment scheme have gone off-line as the Marbella, Spain-based group continues to collapse in chaos. The group is threatening to bring a "class action" against OffshoreAlert, which it says is "100% liable" for investors' losses, which an insider estimated to be more than $40 million.
Privilege Wealth suspends redemptions amid shooting & ‘$40m deficit’
Five months after being exposed as a fraud by OffshoreAlert, the Privilege Wealth investment scheme has collapsed, with an insider claiming there is a deficit of more than $40 million. Redemptions to investors have been suspended, Privilege Wealth's main office - a call center in Panama - has closed after the attempted murder of its boss - a fraud fugitive in Spain - and unpaid payroll and the group's registered agent in Gibraltar has resigned.
Gibraltar judge orders Privilege Wealth to produce records
A Gibraltar judge has ordered an inspection of the books and records of a limited partnership that underpins the Privilege Wealth investment group, which was exposed as a fraudulent enterprise by OffshoreAlert five months ago. The order was issued after Privilege Wealth allegedly ignored a request for inspection from one of its limited partners.
Gavin Gainsford et al v. Casper Scharrighuisen et al: Claim Form
Claim Form in Gavin Cecil Gainsford and Mario Paul Walters, as Trustees of the insolvent Estate of Casper Scharrighuisen, and Megacube Mining (Pty) Limited v. Casper Scharrighuisen, Anticus Limited, CIMS Group Ltd., and RSA Private Foundation at the the British Virgin Islands High Court.
HELIX Investment: ‘Privilege Wealth intends to sue OffshoreAlert’
Announcement on the Bermuda Stock Exchange by HELIX Investment Management SLP, of Luxembourg, that the group it raises funds for, Privilege Wealth, intends to sue OffshoreAlert for defamation regarding an article exposing Privilege Wealth as a global investment fraud.
Privilege Wealth takes down websites after OffshoreAlert exposé (then brings them back up)
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
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.
Mauritius FSC v. David Cosgrove: Cosgrove’s Review Application
Application by David Cosgrove to the Mauritius Financial Services Review Panel for a review of regulatory action taken against him.
Belvedere’s David Cosgrove banned by Mauritius regulator
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
Liquidation Application in Vancor Participations S.A. v. Taurus Gold Limited at the British Virgin Islands High Court.
Steven Slom v. Kenneth Rijock et al: First Amended Libel Complaint
First Amended Libel Complaint in Steven Slom v. Kenneth Rijock and Joelle Oiknine at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.
Steven Slom v. Kenneth Rijock et al: Libel Complaint
Complaint for defamation in Steven Slom v. Kenneth Rijock at the Circuit Court for the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida.
Taurus Gold Ltd. v. Vancor Participations SA: Originating Application
Originating Application in Taurus Gold Limited v. Vancor Participations S.A. at the British Virgin Islands High Court.
Belvedere Management firm wound-up over ‘£36 m boiler room scam’
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.
The Global Mutual Fund PCC et al: Administrators’ First Report
First Report of the Joint Administration Managers and the Joint Liquidators (Grant Thornton) of The Global Mutual Fund PCC Limited, The Worldwide Mutual Fund PCC Limited, The Universal Mutual Fund ICC Limited, and The Trinity Global Fund - all part of the Belvedere Management Group - to The Royal Court of Guernsey and Investors.
Cayman Islands Monetary Authority v. Brighton SPC: Liquidators’ First Report
First Report of Joint Official Liquidators in Cayman Islands Monetary Authority v. Brighton SPC at the Grand Court of the Cayman Islands.
Two more Belvedere fund vehicles closed down by Mauritius regulator
Two more Belvedere Management Group investment vehicles - The Two Seasons PCC and Venture Assets PCC - have been closed down by the Financial Services Commission in Mauritius.
Nicolaas Faure & Drake Fund Advisors – An embarrassment to the BVI
The measure of any person or business is not whether they become involved in controversy but the actions they take when such controversy occurs.Within hours of OffshoreAlert exposing Belvedere Management Group as a "massive criminal financial enterprise" on March 17th,
Cayman regulator applies to liquidate Belvedere’s Brighton SPC, cites ‘fraud’
Nearly six months after an OffshoreAlert exposé, the Cayman Islands Monetary Authority has petitioned to wind up Belvedere Management Group investment vehicle Brighton SPC, citing evidence of fraud "from inception" in which at least US$83 million of investors' funds has disappeared.
Advalorem Value Asset Fund Ltd. v. William Redford et al: Claim Form
Claim Form in Advalorem Value Asset Fund Limited (in Administration) v. William Francis Redford, Robert Stuart Stark, Brian Weal, Advalorem Asset Management Limited, Mark Compson, Minette Compson, Gregory King, Thistle Holdings Limited, and Michael Kane at Gibraltar Supreme Court.
Cayman Islands Monetary Authority v. Brighton SPC: Winding Up Petition
Winding Up Petition in Cayman Islands Monetary Authority v. Brighton SPC at the Grand Court of the Cayman Islands.
