James Knapp

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Allegations

SEGOES liquidators run up $1.49 m deficit in first 8 months

The liquidators of fraudulently-operated offshore stock-broker SEGOES Services Ltd. ran up a $1.49 million deficit during their first eight months in charge of the company.That was the figure that leapt out of the Third Interim Report to Customers and Creditors, dated January 27, 2006, by liquidators Kenneth Krys and Christopher Stride.

Offshore compliance services firm stops operating

An offshore company that provided Know Your Customer services to the financial industry has stopped operating."KYCOS Limited has announced today that they will cease local operations here in the Isle of Man, the Channel Islands and the Republic of Ireland effectively 30th June 2005," stated the firm in a press release issued on July 1, 2005.