Jeeves Group

Default judgments totaling $106 million have been entered in the United States against offshore provider The Jeeves Group and related parties regarding an alleged tax-program-cum-Ponzi-scheme operated by one of its clients. The Jeeves Group has denied any wrongdoing to OffshoreAlert and claims the judgments are unenforceable in Liechtenstein, where the group is headquartered.

Several offshore-based parties have been named as defendants in two new civil lawsuits that were filed recently by alleged victims of what they claim was a $1 billion Ponzi scheme. They include legal entities and individuals based in Gibraltar, Hong Kong, the Isle of Man, Liechtenstein, St. Lucia, St. Kitts, St. Vincent & the Grenadines, and the United Kingdom.

Liechtenstein-based offshore provider Bryan Jeeves and his Jeeves Group of Companies have been named as defendants in more civil lawsuits alleging racketeering that have been filed at federal courts in the United States regarding South Carolina-registered Derivium Capital LLC; Ex-Bahamas resident and former Grenada diplomat Eric Resteiner is unhappy with the way a criminal action against him is proceeding at the U. S. District Court for the District of Massachusetts, where he is defending 42 counts of fraud and 18 counts of money laundering; and In a move that shames its counterparts in the United Kingdom, Japan and other countries in Europe and the Caribbean, the Hong Kong Securities and Futures Commission has reprimanded an investment broker and suspended its major shareholder and managing director for three years for “gross negligence” and “serious misconduct” in selling investment products connected with the Imperial Consolidated Group at a time when the group - which was based in the UK and Grenada- was widely known to be suspect.

Liechtenstein based offshore provider Bryan Jeeves and his group have been named as defendants in a civil complaint filed at federal court in the United States.The complaint was filed by Colorado registered WCN GAN Partners Ltd. at the U. S.

The Jeeves Group, which operates out of Liechtenstein and St. Vincent, has been named in a UK government investigation into an alleged scam involving more than GBP7 million. The group represented two St. Vincent-registered companies that were part of an organization involved in the fraudulent sale of shares and timeshare holidays to the public, according to the Department of Trade & Industry.

The Department of Banking and Finance in Florida is investigating an alleged scam involving two insurance companies run by The Harris Organization financial services group of Panama. It has been alleged that investors were duped into investing funds with Florida-registered Lifeblood Biomedical Inc. on the grounds that their investment was fully insured by Threshold Insurance Services Ltd. and Caribbean General Insurance Corporation, which are both operated by The Harris Organization. However, following the collapse of Lifeblood Biomedical last year after raising $10 million, the insurance companies have refused to pay investors' claims, alleging that agreements on their letterhead and signed by the President of both insurers, Ilka M. Barria, are bogus.