Switzerland: Tullio Pezzana
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland involving Tullio Pezzana.
Insider Talking: October 31, 2002
In the wake of action taken by Swiss authorities against the Zurich based Sovereign Finance Group, which is being investigated for money laundering involving Russia and the Caribbean, regulators in St. Vincent & the Grenadines are taking action against Sovereign
Brazil: Overland Advisory Services
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Brazil into alleged corruption and bribery involving MetroRED Telecommicacoes Ltda., Overland Advisory Services, Agua Nova Comercio e Servicos Ltda, Caio Fabio D'araujo Filho, Paulo Sergio Rosa, Oscar de Barros, Jose Maria Teixeira Ferraz, Jorge Luiz Frederich Vital, Plinio Guilherme da Silva, Walter Coronado Antunes Filho, Reynaldo Emygdio de Barros and Celso Roberto Pitta.
Finland: Ismo Sakari Pentikainen
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Finland into Ismo Sakari Pentikainen and Martti Untamo Sihvola for alleged embezzlement.
Endovasc Ltd. Inc. v. JP Turner & Co. LLC et al: First Amended Complaint
First Amended Complaint in Endovasc Ltd. Inc. v. J.P. Turner & Co. LLC, KCM Group LLC, The Keshet Fund LP, Sichenzia Ross & Friedman LLP, Keshet LP, Nesher Ltd., Talbiya B. Investments Ltd., Balmore Funds SA, David Grin, LH Financial Services Corp., Laurus Master Fund Ltd., Laurus Capital Management LLC, Celeste Trust Reg, and Patrick Power at the U. S. District Court for the Southern District of New York.
United Kingdom: Neil Edward Walker et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in the United Kingdom into Neil Edward Walker, James George Thomas Brooman, Ian David Cale, Irnraan Abid Karim, Barrie John Connor, Timothy Theobald, David Hodgson, Simon Morley, Craig Mark Ireland and Iftekhar Ahmed for alleged tax fraud.
USA v. Richard F. Downes: US Response to Defendant’s Factual Objection
United States' Response to Defendant's Factual Objection and Motions for Downward Departure in USA v. Richard F. Downes at the U. S. District Court for the Southern District of Florida.
Endovasc Ltd. Inc. v. JP Turner & Co. LLC et al: Complaint
Complaint in Endovasc Ltd. Inc. v. J.P. Turner & Co. LLC, KCM Group LLC, Kingdon Capital Management LLC, The Keshet Fund LP, Sichenzia Ross & Friedman LLP, Keshet LP, Nesher Ltd., Talbiya B. Investments Ltd., Balmore Funds SA, David Grin, LH Financial Services Corp., Laurus Master Fund Ltd., Laurus Capital Management LLC, Celeste Trust Reg, and Patrick Power at the U. S. District Court for the Southern District of New York.
Poland: Mariella Company
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Poland into Mariella LLC for alleged tax fraud.
Italy: Mauricio Raggio et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Italy into Mauricio Raggio and Rocio Zaldivar Mercado for alleged money laundering regarding the proceeds of corruption by the former Secretary of the Italian Socialist Party Benedetto Craxi, a.k.a. Bettino Craxi.
Germany: Edmund Ballier et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Germany into Edmund Ballier, Friedrich-Karl Gradl, Detlev Pinnow, Gerd Ullrich, Fritz-Heinz Bosking, Wolfgang Hummer, Philipp Schauer, Ludwig Schauer and others for alleged fraud.
Switzerland: Henderson Pacific et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland into Hans Josef Ludwig, Georg Eduard von Boguslawski, Robert Schoch and Lidia Santangelo-Ortoleva for alleged fraud involving Henderson Pacific Private Bank and Henderson Pacific Financial Services AG.
United Kingdom: Nathan Meyyappan et al
Application for the appointment of a Commissioner for a criminal investigation in the United Kingdom into Nathan Meyyappan, Richard Parfett and Ronan Moss for allegedly dishonestly receiving stolen goods, dishonestly arranging to receive stolen goods, conspiracy to commit burglary and conspiracy to receive stolen goods.
Latin America Round-Up: August 31, 2002
ARGENTINA: Menem in deeper trouble; Funny operations to save BISEL; Duhalde criticized; COLOMBIA: New President; LATIN AMERICA: Enron tentacles in Latin America; NICARAGUA: No visa; Alemán, formally accused; PARAGUAY: New financial scandal; and URUGUAY: Little Uruguay sneezes, Latin America is already sick.
Three convicted drug dealers own preferred shares in The Harris Organization
New evidence obtained by OffshoreAlert shows that THREE convicted drug dealers are beneficial owners of the British Virgin Islands-registered parent of The Harris Organization financial services group. The traffickers all own preferred shares, which purport to pay annual interest of 10% in the case of Wallace Stull and James Somerville, and 7% for Lawrence Boulanger.
Colombia: Guillermo Ortiz Gaitan
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Colombia into Guillermo Ortiz Gaitan and members of his family for suspected illegal enrichment, narcotics trafficking and money laundering.
Trenwick Group seeks $55 million from European Re
Trenwick Group Ltd. has started an arbitration proceeding seeking $55 million in damages and other relief against European Reinsurance Company of Zurich, a subsidiary of Swiss Reinsurance Company.The claims arise out of European Re's alleged failure to meet its obligations under a Catastrophe Equity Securities Issuance Option Agreement with Trenwick, stated a Trenwick press release dated July 1.
Actions From Regulators Around the World
Basic details of warnings and actions by regulators around the world.
Switzerland: Vincent Wiebers
Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Switzerland - for a criminal investigation involving Vincent Wiebers.
Switzerland: Jean-Claude Lacote et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland into Jean-Claude Lacote and others for alleged fraud.
SEC v. Eric Resteiner, et al: Final Judgment
Final Judgment against Eric Resteiner and Voldemar VonStrasdas in U. S. Securities and Exchange Commission v. Eric Resteiner, Bunker Hill Aviation, LLC, Miles M. Harbur, and Charles G. Dyer, Resource F, LLC at the U. S. District Court for the District of Massachusetts.
Regulatory Warnings: June 30, 2002
Recently-filed warnings from securities regulators around the world.
Banque SCS Alliance sued over Martin Frankel dealings
Swiss-based Banque SCS Alliance and one of its officers, Jeanne-Marie Wery, are being sued for racketeering involving Martin Frankel.The bank helped Frankel defraud seven U.S.-based insurance companies of more than $200 million, according to a civil complaint filed in New York.
USA v. Alvin Irwin Moss et al: Criminal Indictment
Indictment filed by USA against Alvin Irwin Moss, Frederick John Collier, Avraham Zohar, a.k.a. Avy Zohar; Richard Titterington, Geoffrey L. Feldman, Sherrie-Lee Doreen Cave, Peter James O'Sullivan, Rosalind Rose, Wayne Budd, Thomas Montgomery Bayer, Robert Murray Bohn, Stacy Layne Beavers, Beverly Ann Moss, Jeffery Allen Moss, Larry Charles Moss, Michael Joseph Harkin and Michael Elliot Cole at the U. S. District Court for the Western District of Tennessee.
US court approves application to serve summonses on VISA International for tax evasion investigation
A California court has approved a request by the Internal Revenue Service for leave to file "John Doe" summonses on VISA International as part of an investigation into tax evasion using offshore credit cards.
The order, issued on March 28, 2002, allows the IRS to examine the records of VISA credit or debit cards issued "by, through, or on behalf of banks or other financial institutions" in 31 offshore jurisdictions.
France: Jean-Pierre Chariou et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in France into Jean-Pierre Chariou and others for the alleged production and circulation of counterfeit currency.
Regulatory Warnings: February 28, 2002
Recently-filed warnings from securities regulators around the world.
Liechtenstein: Christos N. Lialioutis et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Liechtenstein into Christos N. Lialioutis and Harald Buhler for alleged fraud.
Poland: Mariella LLC
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Poland into Mariella LLC for suspected tax fraud.
Canadian Venture Exchange blocks offshore firm’s reverse merger attempt
The Canadian Venture Exchange has blocked a reverse merger attempt by a firm offering online stockbroking products to offshore investment firms.British Virgin Islands domiciled Blue Chip Online Ltd., whose President is Canadian businessman Richard Czerlau, had been trying to reverse
Switzerland: Bobby Johnson
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland into Bobby Johnson for alleged failure to pay child support.
Aruba: Pursi Tjew San Jie-A-Swie et al
Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from Aruba - for a criminal investigation into Pursi Tjew San Jie-A-Swie, Farley Hon Ping Jie-A-Swie, Gerrit de Rouw, Hon Wo Choy, Kong Hing Supermarket NV, Kong Hing Supercenter NV and Kong Hing Freezone NV for suspected money laundering.
Antigua Gov’t tries to seize Eurofed Bank assets
In secret court hearings held in Antigua, the island's government has been trying to seize all or most of the $76 million of assets recovered so far in the liquidation of Eurofed Bank Ltd., we can reveal.The government is claiming the assets under its anti-money laundering laws on the grounds that they are the proceeds of criminal activity by former Ukraine Prime Minister Pavlo Lazarenko, 48.
Switzerland: Vladimiro Montesinos
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland into Vladimiro Montesinos Torres, James Stone, Ilan Weil Levy, Zwi Sudit, Yury Khozyainov, Fernando Carulla, Rony Lerner and Mordechai Mintzer for alleged money laundering, bribery and embezzlement.
Liechtenstein: Jorge Hugo Reyes Torres
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Liechtenstein into Jorge Hugo Reyes Torres and others for suspected money laundering and narcotics trafficking.
Belgium: Melchior Wathelet
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Belgium into Melchior Wathelet for suspected forgery and bribery.
Monaco: William Fogwell et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Monaco into William Fogwell, Shelley Fogwell and Guillaume Losada y Padilla for alleged fraud regarding the Hobbs Melville Group.
Italy: Giuseppe Lucchi
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Italy into Giuseppe Lucchi for alleged money laundering.
Switzerland: Jurg Weiss
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland into Jurg Weiss for alleged embezzlement.
Leon Brener v. Malcolm Alan Novack et al: Complaint
Complaint in Leon Brener v. Malcolm Alan Novack, Marilyn Novack, Watermark (International) Holdings Ltd., Buckingham Holdings International Ltd., Pembroke Trading Company Ltd., and Gabelle Holdings Ltd. at the U. S. District Court for the Southern District of Florida.
Offshore firms sued after family trust was alleged defrauded
Some of the biggest names in offshore finance have been named as defendants in a civil lawsuit filed in the United States by investors who claim to have been defrauded of $5 million.
Defendants are Matheson Trustees (BVI) Limited, Matheson Trust Company (BVI) Limited, Bank of Bermuda, Credit Suisse, of Switzerland; UBS, of Switzerland; and KPMG, of the British Virgin Islands.
Switzerland: Lydia Albertina Sturm
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland into alleged fraud by Lydia Albertina Sturm while working as an investment adviser for UBS AG.
Equity Management clients seek other victims
Clients of Bahamas-based Equity Management Group, Antigua-based Fullerton Financial Corp. and BVI-based Capital Advisory Corporation are being invited to join legal action that is being prepared against the now defunct companies and their principals.
Israel: Netanya Property
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Israel into Dov Fichman, Joseph Goldenberg, Trudi Goldenberg, Yigal Aloni, Benno Ganot and others for allegedly operating a scheme to defraud property owners.
Switzerland: Semyon Donskoy et al
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland into Semyon Donskoy, Arik Kislin and Semyon Kislin for alleged bribery and money laundering.
South Africa: Dr. Wouter Basson
Application for the appointment of a Commissioner for a criminal investigation in South Africa into Dr. Wouter Basson for alleged fraud, murder, attempted murder, conspiracy to commit murder, possession of prohibited substances (Cocaine, Mandrax and Ecstasy) and "defeating the ends of Justice".
USA v. Mack Obioha et al: Motion for Letters Rogatory
Defendant Obioha's Motion for Issuance of Letters Rogatory in the case of 'USA vs. Mack Obioha et al' at the U. S. District Court for the Eastern District of California.
Denmark: Ismail Deveci
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Denmark into Ismail Deveci for suspected involvement in heroin trafficking.
Switzerland: Magda Medina Perez
Application for the appointment of a Commissioner to collect evidence for a criminal investigation in Switzerland into Magda Medina Perez for alleged forgery and money laundering.
Compagnie d’Escomptes Financiers CEF SA v. Georgian Bay Holdings Corporation et al: Writ of Summons
Writ of Summons in Compagnie d'Escomptes Financiers CEF SA v. Georgian Bay Holdings Corporation, Anchorage International Fund Management Limited, Bank of America Trust and Banking Corporation (Cayman) Limited, and Australia and New Zealand Banking Group Ltd. at the Grand Court of the Cayman Islands.
