Investec Bank

Trafalgar Multi Asset Trading Company Ltd. et al v. Investec Bank Plc: Complaint

July 13, 2022

Particulars of Claim in Momentum Property Partners (1) Limited (in Liquidation), of England, and Trafalgar Multi Asset Trading Company Limited (in Liquidation), of the Cayman Islands v. Investec Bank Plc at the High Court of Justice of England and Wales.

Trafalgar Multi Asset Trading Company Ltd. et al v. Investec Bank Plc: Claim Form

March 16, 2022

Claim Form in Momentum Property Partners (1) Limited (in Liquidation), of England, and Trafalgar Multi Asset Trading Company Limited (in Liquidation), of the Cayman Islands v. Investec Bank Plc at the High Court of Justice of England and Wales.

Bermuda and Curacao funds used to launder $125M fraud proceeds, say police

June 21, 2017

Offshore funds in Bermuda and Curacao - ADG Absolute Diversified Growth Fund and Enterprise Emerging Markets Fund - were used by fraudsters in India to launder the proceeds of a $125 million investment scam by Bombay Stock Exchange-listed technology firm Geodesic Ltd., according to Mumbai police.

More red flags concerning Bermuda’s ADG Absolute Diversified Growth Fund

July 6, 2015

How could a private equity fund negotiate and sign a multi-million dollar contract with a 'company' that didn't even legally exist? That's the latest unanswered question that raises further doubts about the credibility of Bermuda-based ADG Absolute Diversified Growth Fund Ltd.

Bermuda’s ADG Fund sues defunct BVI shell firm for $52M in ‘dispute’ that invites suspicion

March 25, 2015

An obscure Bermuda-domiciled private equity fund - ADG Absolute Diversified Growth Fund - has applied to liquidate an even more obscure and long ago defunct BVI shell company - Lasdun Ventures - for alleged failure to repay a $52 m loan, a transaction whose substance is open to question.

ADG Absolute Diversified Growth Fund Ltd.: Confidential Private Placement Memorandum

August 25, 2014

'Confidential Private Placement Memorandum' for Bermuda-domiciled ADG Absolute Diversified Growth Fund Ltd., August 25, 2014.

Dobb White & Co. forced into liquidation

December 15, 2003

A United Kingdom-based accounting firm accused of fraud involving an offshore bank has gone into liquidation and its two partners declared bankrupt. Orders to wind-up Dobb White & Co., of Leicester and Nottingham, in England, and bankrupt Shinder Singh Gangar and Alan White were issued by the UK High Court on December 2, 2003.

$130 million judgment against securities fraudster

June 22, 2003

A federal court in the United States has entered a $130 million judgment against a businessman who perpetrated an investment fraud using several offshore structures. The judgment, entered on June 6, 2003 at the U. S. District Court for the Western District of Virginia, requires Terry Dowdell to pay disgorgement of $121.2 million, $8.6 million in prejudgment interest and a fine of $1 million.

Terry Dowdell pleads guilty to fraud

December 31, 2002

A business associate of the now-closed Overseas Development Bank & Trust Ltd., of Dominica, has pleaded guilty to 20 felony charges, including securities fraud, money laundering and wire fraud.The charges relate to a multi-million dollar fraudulent trading program that Terry L. Dowdell operated through his Bahamas-registered firm, Vavasseur Corporation, starting in 1998.