• Home
  • Articles
  • SEC lawsuit against Crescent Capital Offshore Fund

SEC lawsuit against Crescent Capital Offshore Fund

A Bahamas-domiciled firm that purported to be an “offshore hedge fund” has been named as a defendant in a civil lawsuit filed by the SEC in the United States.Crescent Capital Offshore Fund participated in a fraudulent investment scheme that raised more than $11.6 million from approximately 350 investors, it has been alleged.