Bancroft Life & Casualty

Cosmo Import & Export LLC et al v. Reliant Group & Casualty Insurance ICC Ltd. et al: Complaint

April 8, 2021

Complaint alleging fraud in Cosmo Import & Export LLC and Outdoor Living Inc., both of Wyoming v. Reliant Group & Casualty Insurance ICC Ltd., formerly Bancroft Life & Casualty Ltd., of Saint Lucia, and Neal Rubin, of Orange County, California, at the U. S. District Court for the Central District of California.

Reliant Group & Casualty ICC Ltd. v. CBIZ MHM LLC: Notice of Removal

February 15, 2019

Notice of Removal, including copy of the complaint, in Reliant Group & Casualty ICC Ltd., formerly known as Bancroft Life & Casualty ICC Ltd. v. CBIZ MHM LLC at the U. S. District Court for the Southern District of Florida.

Reliant Group & Casualty ICC Ltd. v. CBIZ MHM LLC: Complaint

January 11, 2019

Complaint in Reliant Group & Casualty ICC Ltd., formerly known as Bancroft Life & Casualty ICC Ltd., of Saint Lucia v. CBIZ MHM LLC at the Circuit Court of the 11th Judicial Court, in and for Miami-Dade County, Florida.

Leo Ford v. Bancroft Life & Casualty et al: Second Amended Complaint

April 19, 2018

Second Amended Complaint in Leo Ford v. KPMG LLP, KPMG BVI Limited, James Drury, Russell Crumpler, Belmont Insurance Management, Casey McDonald, Kris Beighton, Andrea Douglas, Greenberg Traurig, PA, Greenberg Traurig, LLP, Jerome Hesch, GFAN, ABG, Bancroft Property & Casualty, Ltd., a.k.a. Bancroft Life & Casualty, Ltd., and Bancroft Life & Casualty ICC, Ltd.; Bradley Barros, and Philip Sigel at the U. S. District Court for the Southern District of Florida.

Boston Life seeks $180 m from Bancroft Life, KMPG & others, alleges fraud

April 26, 2016

Accountants in the Cayman Islands and the British Virgin Islands have been accused of conspiring with Miami-based law firm Greenberg Traurig and others to swindle one group of clients in favor of another in a scheme involving two offshore insurers - BVI-based Boston Life and Annuity and Bancroft Life & Casualty, of St. Lucia.

Boston Life and Annuity Company Ltd. et al v. Bancroft Life & Casualty ICC Ltd. et al: Complaint

April 20, 2016

Complaint in Leo Ford and Boston Life and Annuity Company Limited v. KPMG LLP, Belmont Insurance Management Ltd., Kris Beighton, Casey McDonald, Andrea Douglas, Bancroft Property & Casualty, Ltd., a.k.a. Bancroft Life & Casualty Ltd. and Bancroft Life & Casualty ICC, Ltd.; Greenberg Traurig, P.A., Greenberg Traurig, LLP, Jerome Hesch, Bradley Barros, Philip Sigel, Global Financial Advisors Network, LLC, and Association Benefits Group, Inc. at the U. S. District Court for the Southern District of Florida.

Eric N. Heyer v. Bancroft Life & Casualty ICC, Ltd. et al: Complaint

December 5, 2014

Complaint in Eric N. Heyer v. Bancroft Life & Casualty ICC, Ltd., Reliant Re Insurance Company, LLC, and Philip Sigel at the U. S. District Court for the District of Columbia.

W. Dean Banks et al v. Bancroft Life & Casualty ICC, Ltd. et al: Complaint

June 23, 2014

Complaint in W. Dean Banks and FirstChoice Healthcare, P.C. v. Bancroft Life & Casualty ICC, Ltd., Association Benefits Group, Inc., and CBIZ MHM, LLC at the U. S. District Court for the District of South Carolina.

Bancroft Life & Casualty ICC, Ltd. v. National Union Fire Insurance Company of Pittsburgh, P.A.: Complaint

March 21, 2014

Complaint in Bancroft Life & Casualty ICC, Ltd. v. National Union Fire Insurance Company of Pittsburgh, P.A. at the U. S. District Court for the Eastern District of Virginia.

Judge describes Bancroft Life’s offshore insurance program as ‘a scheme to defraud the United States’

December 8, 2013

A United States federal judge has ruled against St. Lucia-licensed insurer Bancroft Life & Casualty ICC, Ltd. in a lawsuit against one of its insureds, U. S. taxpayer Cesar Scolari, determining they both participated in "a scheme to defraud the United States from tax revenues".

Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari: Findings of Fact

December 6, 2013

Findings of Fact in Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari at the U. S. District Court for the Western District of Washington.

U.S. judge describes offshore insurance program as ‘scheme or scam’

August 29, 2013

A federal judge in the United States has described an offshore 'insurance program' operated by St. Lucia-licensed Bancroft Life & Casualty ICC, Ltd. as "at best, a scheme, and at worst, a scam".

Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari: Order Denying Bancroft’s Motion for Partial Summary Judgment

August 23, 2013

Order Denying Bancroft's Motion for Partial Summary Judgment in Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari at the U. S. District Court for the Western District of Washington.

Bancroft Life & Casualty ICC, Ltd. v. Sue Jin Yu, MD et al: Complaint

October 4, 2012

Complaint in Bancroft Life & Casualty ICC, Ltd. v. Erwin Lo, MD and Sue Jin Yu, MD at the U. S. District Court for the District of Maryland.

Bancroft Life & Casualty ICC, Ltd. v. Erwin Lo, MD et al: Complaint

October 3, 2012

Complaint in Bancroft Life & Casualty ICC, Ltd. v. Erwin Lo, MD and Sue Jin Yu, MD at the U. S. District Court for the Western District of Pennsylvania.

Offshore insurer Bancroft Life sues yet another U. S. client

July 30, 2012

St. Lucia-licensed insurer Bancroft Life & Casualty ICC, Ltd. is suing yet another of its clients in the United States, making it the thirteenth lawsuit over the last 19 months that Bancroft has filed at federal court.

Story about Bancroft Life contained ‘half-truths and other misleading statements’, says attorney

July 26, 2012

Letter from Kip Schwartz on behalf of Bancroft Life & Casualty ICC, Ltd. complaining about an OffshoreAlert article.

Bancroft Life & Casualty ICC, Ltd. v. GRBR Ventures, LP: Complaint

July 26, 2012

Complaint in Bancroft Life & Casualty ICC, Ltd. v. GRBR Ventures, LP at the U. S. District Court for the Southern District of Texas.

Offshore insurer Bancroft Life sues three more U. S. insureds

July 20, 2012

St. Lucia-licensed insurer Bancroft Life & Casualty ICC, Ltd. has filed complaints against three more of its insureds at federal court in the United States, alleging they have defaulted on loans totaling more than $5 million.

Bancroft Life & Casualty ICC, Ltd. v. KLC Ventures, L.P.: Complaint

July 5, 2012

Complaint in Bancroft Life & Casualty ICC, Ltd., licensed in St. Lucia, v. KLC Ventures, L.P. at the U. S. District Court for the Southern District of Texas.

Bancroft Life & Casualty ICC, Ltd. v. Davnic Ventures, LP: Complaint

July 5, 2012

Complaint in Bancroft Life & Casualty ICC, Ltd., licensed in St. Lucia, v. Davnic Ventures, L.P. at the U. S. District for the Southern District of Texas.

Bancroft Life & Casualty ICC, Ltd. v. MMXCM Forte Group Ltd., LLP et al: Complaint

June 27, 2012

Complaint in Bancroft Life & Casualty ICC, Ltd. v. MMXCM Forte Group Ltd., LLP, MTM Bristol Group, PLLC, and Bel Canto Management , Inc. at the U. S. District Court for the Southern District of Texas.

American Residential Equities XXVII, LLC v. Redwood Recovery Services, LLC et al: Complaint

June 25, 2012

Complaint in American Residential Equities XXVII, LLC, owned by Bancroft Life & Casualty, v. Redwood Recovery Services, LLC, Petra Opportunity Fund, Ltd., Petra Finance, LLC, Petra Opportunity Management, LLC, American Residential Equities, Inc., American Residential Equities, LLC, Miguel Carmona, John Hansen, Erick Magno, Christian Cunha, and Aiden Couch at the U. S. District Court for the Central District of California.

Bancroft Life’s fired managers must return records and ‘cease interfering’ with relationships, rules US Court

January 7, 2012

The U. S. Court of Appeals has upheld a lower court's decision ordering the former managers and professional advisors of offshore insurer Bancroft Life & Casualty to return its "corporate books and records" and "cease interfering" with the insurer's relationship with its insureds.

Bancroft Life & Casualty ICC, Ltd. v. Intercontinental Management Ltd. et al: Opinion

January 5, 2012

Opinion in Bancroft Life & Casualty ICC, Ltd. v. Intercontinental Management Ltd., Intercontinental Captive Management Company, Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, Nigel Bailey, Cunningham Hughan & Company, and Thomas Hughan, CPA at the U. S. Court of Appeals for the Third Circuit.

Bancroft Life & Casualty, ICC Ltd. v. Intercontinental Management Ltd. et al: Motion to Lift Seal

December 20, 2011

Motion to Intervene for a Limited Purpose and Motion to Lift Seal by TMC Financial, LLC and Family Wealth Advisors, LLC in Bancroft Life & Casualty, ICC Ltd. v. Intercontinental Management Ltd., Intercontinental Captive Management Company, Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, Nigel Bailey, Cunningham Hughan & Company, Inc., Thomas Hughan, CPA, Dernar & Associates, LLC, and David K. Dernar, CPA at the U. S. District Court for the Western District of Pennsylvania.

Bancroft Life insureds ‘contacted’ by IRS and Dep’t of Justice in USA

December 18, 2011

The U. S. Department of Justice and the IRS have contacted U. S. taxpayers who bought policies from offshore insurer Bancroft Life & Casualty ICC Ltd., it has been disclosed in a court filing.

Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari: Defendant’s Motion Re. Deposition of Matthew G. Brown

December 15, 2011

Defendant's Motion to Take One Additional Day of Deposition of the Deposition of witness Matthew G. Brown in Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari at the U. S. District Court for the Western District of Washington.

Bancroft Life & Casualty ICC, Ltd. v. Intercontinental Management, Ltd. et al: Second Amended Complaint

December 9, 2011

Second Amended Complaint in Bancroft Life & Casualty ICC, Ltd. v. Intercontinental Management, Ltd., Intercontinental Captive Management Company, Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, Nigel Bailey, Cunningham Hughan & Company, Inc., Thomas Hughan, CPA, Dernar & Associates, LLC, and David K. Dernar, CPA at the U. S. District Court for the Western District of Pennsylvania.

Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari: Order Denying Plaintiff’s Motion to Dismiss Amended Counterclaims

November 29, 2011

Order Denying Plaintiff's Motion to Dismiss Amended Counterclaims in Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari at the U. S. District Court for the Western District of Washington.

Notice of intent to sue OffshoreAlert by Bancroft Life & Casualty

November 3, 2011

Letter to OffshoreAlert from Sanford Bohrer, an attorney with Holland & Knight, on behalf of Bancroft Life & Casualty - November 3, 2011

Offshore insurer Bancroft Life & Casualty sued by another U. S. insured

October 27, 2011

Texas-based drilling rig manufacturer HongHua America, LLC has become the latest insured to sue troubled offshore insurer Bancroft Life & Casualty, whose policies appear to have been designed to help U. S. companies avoid or defer taxes.

HongHua America, LLC v. Bancroft Life & Casualty, ICC Ltd. et al: Complaint

October 11, 2011

Complaint in HongHua America, LLC, formerly New Continental Equipment Co., Ltd., v. Bancroft Life & Casualty, ICC Ltd., Bradley Barros, CBIZ MHM, LLC, Association Benefits Group, Inc., and Loren R. Cook & Associates, Ltd., LLP at District Court, Fort Bend County, Texas.

Bancroft Life & Casualty ICC Ltd. v. TMC Financial LLC: Answer, Counterclaims & Third-Party Claims

September 16, 2011

Counterclaims by TMC Financial LLC against Bancroft Life & Casualty ICC Ltd. and Third-Party Claims by TMC Financial LLC against Intercontinental Management Ltd., doing business as Intercontinental Captive Management Ltd.; CBIZ MHM LLC, Association Benefits Group Inc., and Bradley Barros at the U. S. District Court for the Eastern District of Virginia.

Bancroft Life accused of tax shelter fraud by former managers and advisors

August 27, 2011

Offshore insurer Bancroft Life & Casualty and its principals, Miami tax attorney Phil Sigel and Delaware insurance advisor Brad Barros, have been accused of perpetrating a massive tax shelter fraud against its customers, the IRS and regulators in St. Lucia.

Bancroft Life & Casualty ICC, Ltd. v. Family Wealth Advisors, LLC: Complaint

August 23, 2011

Complaint filed by Bancroft Life & Casualty ICC, Ltd. against Family Wealth Advisors, LLC at the U. S. District Court for the Eastern District of Virginia.

Bancroft Life & Casualty ICC, Ltd. v. TMC Financial, LLC: Complaint

August 23, 2011

Complaint filed by Bancroft Life & Casualty ICC, Ltd. against TMC Financial, LLC at the U. S. District Court for the Eastern District of Virginia.

Bancroft Life & Casualty ICC, Ltd. v. FFD Resources III, LLC et al: Answer and Counterclaims of FFD Resources

August 10, 2011

Answer and Counterclaims of FFD Resources III, LLC in the case of 'Bancroft Life & Casualty ICC, Ltd. vs. FFD Resources III, LLC and FFD Ventures, LP' at the U. S. District Court for the Southern District of Texas.

Intercontinental Management, Ltd. v. Philip Sigel et al: Counterclaim

July 29, 2011

Counterclaim by Intercontinental Management, Ltd. d/b/a Intercontinental Captive Management Company, Ltd., Intercontinental Management Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, and Nigel Bailey against Phil Sigel, Brad Barros, Loren Cook, Andrew Watson, Gail Sigel, Nicholas John, The Bancroft Trust, Association Benefits Group Inc., Global Financial Advisors Network LLC, and Stuart Anolik, at the U. S. District Court for the Western District of Pennsylvania.  

Robert Kwok & Associates Ltd., LLP v. Bancroft Life & Casualty, ICC et al: First Amended Petition

July 21, 2011

First Amended Petition, Application for Temporary Restraining Order, Application for an Injunction and Request for Expedited Discovery in an action brought by Robert Kwok & Associates Ltd., LLP against Bancroft Life & Casualty, ICC, Loren R. Cook & Associates Ltd., LLP, Association Benefits Group, Inc., CBIZ MHM, LLC, and Bradley Barros at the District Court of Harris County, Texas.

Bancroft Life & Casualty ICC, Ltd. v. Intercontinental Management Ltd. et al: Amended Complaint

July 20, 2011

Amended Complaint filed by Bancroft Life & Casualty ICC, Ltd.against Intercontinental Management Ltd., Intercontinental Captive Management Company, Ltd., The Roberts and Patton Law Firm, John R. Patton, George Thomas Roberts, Nigel Bailey, Cunningham Hughan & Company, Inc., Thomas Hughan, Dernar & Associates, LLC, and David Dernar at the U. S. District Court for the Western District of Pennsylvania.

Cesar Scolari et al v. Brown & Streza LLP et al: Complaint

July 1, 2011

Complaint in Cesar Scolari and Sea Czar, Inc. v. Brown & Streza LLP and Matthew G. Brown at California Superior Court, Orange County - July 1, 2011

Offshore insurer Bancroft Life sues insureds

June 24, 2011

Troubled offshore insurer Bancroft Life & Casualty ICC Ltd. has filed five separate civil complaints against insureds in the United States over the last three

Bancroft Life & Casualty ICC, Ltd. v. Intercontinental Management, Ltd. et al: Motion to Amend Pleadings

May 25, 2011

Motion to Amend Pleadings, Add New Parties and Joinder of Related Litigation in the case of 'Bancroft Life & Casualty ICC, Ltd. vs. Intercontinental Management, Ltd., Intercontinental Captive Management Company, Ltd., Thomas Hughan, CPA, Cunningham Hughan & Company, Inc., Nigel Bailey, George Thomas Roberts, John Patton, and Roberts and Patton Law Firm' at the U. S. District Court for the Western District of Pennsylvania.

Seattle resident Cesar Scolari sues Bancroft Life & Casualty for $636,000

March 24, 2011

A Seattle resident who borrowed $5.3 million of his own money from an offshore insurer in an elaborate tax avoidance scheme only to be sued by the insurer for defaulting on loan repayments has brought his own action against the

Sea Czar, Inc. v. Bancroft Life & Casualty ICC, Ltd.: First Amended Complaint

February 17, 2011

First Amended Complaint by Sea Czar, Inc., controlled by Cesar Scolari, against St. Lucia-licensed insurer Bancroft Life & Casualty ICC, Ltd.

Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari: Answer and Counterclaims

January 31, 2011

Cesar Scolari's Answer and Counterclaims in the case of Bancroft Life & casualty ICC Ltd. vs. Cesar Scolari regarding a tax shelter scheme.

Sea Czar, Inc. v. Bancroft Life & Casualty ICC Ltd.: Complaint

January 13, 2011

Complaint filed by Sea Czar, Inc., controlled by Cesar Scolari, against Bancroft Life & Casualty ICC Ltd., an offshore insurer licensed in St. Lucia.

Bancroft Life & Casualty ICC, Ltd. v. Cesar Scolari: Complaint

January 6, 2011

Complaint by Bancroft Life & Casualty ICC, Ltd. against Cesar Scolari for alleged breach of contract regarding a tax shelter program.

Bancroft Life & Casualty seeks $5.5 m from Seattle resident

January 4, 2011

Offshore insurer Bancroft Life & Casualty ICC Ltd., which is licensed in St. Lucia, is seeking compensatory damages of at least $5.5 million against a participant in its group insurance program. Bancroft Life filed a complaint against Cesar Scolari, a