Kevin Hamilton

Offshore hedge funds obtain $13 m judgment against Canadians implicated in fraud involving Barbados insurer

June 7, 2012

Hedge funds in the British Virgin Islands, Cayman Islands and USA have obtained a default judgment for $13 million against Canadian nationals John Hamilton and Sandro Sordi concerning allegations of securities fraud based around a Barbados-licensed insurer.

Hedge funds that lost investors $50 m sue alleged fraudsters over failed settlement agreement

December 10, 2011

Hedge funds in the British Virgin Islands, Cayman Islands and USA whose investors were cheated in a securities fraud based around a sham Barbados-licensed insurer called Strategy Insurance claim to have lost out again in a settlement agreement with the alleged fraudsters.

Kevin Hamilton v. KYC News, Inc. et al: Order Dismissing Action

January 10, 2008

Order dismissing a libel complaint filed by Kevin Hamilton against KYC News, Inc. and David Marchant at Ontario Superior Court of Justice, Canada.

Kevin Hamilton v. KYC News, Inc. et al: Kevin Hamilton Deposition

October 25, 2007

Deposition of Kevin Hamilton for a libel complaint filed by Hamilton against KYC News, Inc. and David Marchant at Ontario Superior Court of Justice, Canada.

Kevin Hamilton v. KYC News, Inc. et al: Statement of Claim

August 25, 2006

Libel complaint filed by Kevin Hamilton against KYC News, Inc. and David Marchant at Ontario Superior Court of Justice, Canada.

Bahamas attorney plays key role in group accused of securities fraud

August 8, 2006

Bahamas-based attorney Anthony Thompson has emerged as a key player in another securities scheme by a group whose allegedly fraudulent activities were exposed in the previous edition of OffshoreAlert. Thompson is the sole officer and director of two offshore companies that beneficially own 43.8% of the common stock of Reliant Home Warranty Corporation, a Florida-registered, Canada-based “mortgage banking” firm whose shares are currently trading for six cents each on the Over-The-Counter Bulletin Board in the United States.

Bermuda insurance license reject goes to Barbados, teams up with dubious group

July 11, 2006

A wannabe Bermuda insurer whose license application was turned down in 2004 has resurfaced in Barbados, where it has teamed up with a group whose principals include a convicted criminal. The Barbados Supervisor of Insurance issued an insurance license to River Reinsurance Limited on December 16, 2005. 

Parent of offshore insurer accused of $50 m securities fraud

July 10, 2006

A publicly-listed company in the United States whose subsidiaries include an offshore insurer is being sued in New York by investors who claim they were victims of a $50 million securities fraud. Strategy International Insurance Group Inc., whose shares are currently trading on the Over-The-Counter Bulletin Board at just six cents per share, misrepresented its assets and concealed “material negative facts” about some of its “principal executives and directors” in a private placement memorandum, according to the plaintiffs, who include investment funds in the British Virgin Islands and Cayman Islands.