Christopher Smeets

Crawford Trust Company LLC v. Citco Group Ltd. et al: Complaint

December 1, 2023

Complaint alleging "breach of duty, negligence, including gross negligence, deceit, fraud and concealment by a trustee of its fiduciary and other obligations to The Loving Trust’s beneficiaries" in Crawford Trust Company LLC v. Citco Group Limited, of the Netherlands; Citco Group (Monaco) SAM, of Monaco; Citco Global Custody (N.A.) N.V., of Curaçao; TorTrust Corporation Company Limited, of the British Virgin Islands; Citco Trustees S.A., of Switzerland; Citco B.V.I. Limited, of the British Virgin Islands; Citco Bank BVI Limited, of the British Virgin Islands;Citco Bank & Trust Company Limited, of the Cayman Islands; Citco Banking Corporation N.V., of Curaçao; Securitias Management Services Corp., of the British Virgin Islands; Citco Fund Services (Cayman Islands) Ltd., of the Cayman Islands; Credit Suisse S.A., of Switzerland; Ermanno Unternaehrer, described as a resident of Monaco, and Christopher Smeets, described as a resident of the Netherlands, at the Superior Court of California, County of Los Angeles.

Fairfield Sentry Ltd. et al v. Citco Group Ltd. et al: First Amended Complaint

November 26, 2019

First Amended Complaint in Fairfield Sentry Limited, Fairfield Sigma Limited, and Fairfield Lambda Limited, all in liquidation, all of the British Virgin Islands v. Citco Global Custody NV, of the Netherlands; Citco Global Custody (NA) NV, of Curaçao; CGC NA, of Curaçao; Citco Banking Corporation NV, of Curaçao; Citco Bank Nederland NV, of the Netherlands; Citco Bank Nederland NV Dublin Branch, of the Netherlands, and Citco Group Limited, of the Cayman Islands, at the U. S. Bankruptcy Court for the Southern District of New York.

Soundview Elite Ltd. et al v. Alphonse ‘Buddy’ Fletcher: Summary Judgment Decision

November 29, 2018

Decision Granting Plaintiffs' Motion for Summary Judgment Against Alphonse 'Buddy' Fletcher, Jr. in Corinne Ball, as Plan Administrator of Soundview Elite Ltd., Soundview Premium, Ltd., Soundview Star Ltd., Elite Designated, Premium Designated and Star Designated v. Alphonse 'Buddy' Fletcher, Jr., filed at the U. S. District Court for the Southern District of New York.

Firefighters’ Retirement System et al v. Citco Group Ltd. et al: Renewal of Plaintiffs Motion to Compel

November 16, 2017

The Louisiana Funds' Renewal of Motion to Compel on Documents in the Control of the Citco Group Ltd. in Firefighters' Retirement System, Municipal Employees' Retirement System of Louisiana, and New Orleans Firefighters' Pension & Relief Fund v. Citco Group Limited, Citco Fund Services (Cayman Islands) Limited, Citco Fund Services (Bermuda) Limited, Citco Fund Services (Suisse) S.A., Citco Fund Services (Europe) B.V., Citco Global Custody N.V., Citco (Canada) Inc., Citco Bank Nederland N.V. Dublin Branch, Citco Banking Corporation N.V., Citco Curacao N.V., Citco (USA) Holdings Inc., Citco Fund Services (SA) Inc., Citco Technology Management, Inc.,  Fletcher Asset Management, Inc., Alphonse 'Buddy' Fletcher, Jr., Denis Kiely, Duhallow Financial Services, LLC, Lisa Alexander, Peter M. Zayfert, Consulting Group Services, LLC, Joe Meals, Grant Thornton International Ltd., and Skadden, Arps, Meagher & Flom, LLP at the U. S. District Court for the Middle District of Louisiana.

Citco Group CEO Christopher Smeets accused of oppressing minority investors

August 14, 2017

In a lawsuit filed in the Cayman Islands, Citco Group CEO Christopher Smeets has been accused of ripping off minority investors in the hedge fund administrator, most of whom are his own employees.

Citco Group agrees to pay $26M to settle Buddy Fletcher ‘fraud’ litigation

August 12, 2017

Hedge fund administrator Citco Group and related parties have agreed to pay $26.25 million to settle litigation brought on behalf of investors in funds domiciled in the Cayman Islands and BVI that Citco sold to fraudster Buddy Fletcher's Fletcher International Group, which then allegedly looted them.

Andre Visser v. FFC Fund Ltd.: Winding Up Petition

August 8, 2017

Winding Up Petition in Andre Visser v. FFC Fund Ltd. at the Grand Court of the Cayman Islands.

Richcourt Euro Strategies Inc. et al v. Citco Group et al: Motion to Approve Settlement

August 4, 2017

Motion to Approve Settlement in Soundview Elite Ltd., Soundview Premium, Ltd., Soundview Star Ltd., Elite Designated, Premium Designated and Star Designated, and John Ayres and Martin Trott, as Joint Liquidators of America Alternative Investments Inc., Optima Absolute Return Fund Ltd., Richcourt Allweather B Inc., Richcourt Allweather Fund Inc., Richcourt Composite Inc. and Richcourt Euro Strategies Inc. v. The Citco Group Limited, Citco Fund Services (Cayman Islands) Limited, Citco Fund Services (Europe) B.V., Citco Global Custody (NA) N.V., Citco Banking Corporation N.V., Citco Trading Inc., CFS Company Ltd., CFS Corporation Ltd., Christopher G. Smeets, Ermanno Unternaehrer, Robert A. Voges, Enrico Laddaga, Gabriele Magris, and Yves Bloch at the U. S. Bankruptcy Court for the Southern District of New York.

Massachusetts Bay Transportation Authority Retirement Fund et al v. Citco Fund Services (Cayman Islands) Ltd. et al: Complaint

April 29, 2015

Complaint in Massachusetts Bay Transportation Authority Retirement Fund, FIA Leveraged Fund Ltd., Fletcher Income Arbitrage Fund Ltd., and Fletcher International Ltd. v. Citco Fund Services (Cayman Islands) Ltd., Citco Fund Services (Suisse) SA, Citco Group Ltd., Citco Trading, Inc., Citco Global Custody (NA) NV, Citco Bank Corporation NV, SFT Bank NV, and Ermanno Unternaehrer at New York Supreme Court.

Roger Corman et al v. Citco Group Limited et al: Complaint

March 23, 2015

Complaint in Roger W. Corman, Julie A. Corman, and Pasig, Ltd. v. Citco Group Limited, Citco Group (Monaco) SAM, Citco Global Custody (NA) NV, Tor Trust Corporation Company Limited, Citco Trustees SA, Citco BVI Limited, Citco Bank BVI Limited, Citco Bank & Trust Company Limited, Citco Banking Corporation NV, Securitas Management Services Corp., Citco Fund Services (Cayman Islands) Ltd., Citco Suisse SA, Ermanno Unternaehrer, and Christopher Smeets at Los Angeles Superior Court.

Citco Group implicated in alleged Fletcher International hedge fund fraud

November 28, 2013

Not for the first time, hedge fund service provider Citco has been accused of helping a client defraud investors in an offshore hedge fund and then failing to co-operate with investigators. The latest incident involves Bermuda-domiciled Fletcher International Ltd. and its Cayman feeder funds.