Martin Kelly

British fraudsters Simon Hooper, Martin Kelly & Ryan Allen collectively sentenced to 15+ years in prison

October 4, 2024

British nationals Simon Hooper, Martin Kelly, and Ryan Allen have been collectively sentenced to more than 15 years in prison in England for a fraud that targeted pensioners and involved Rationale Asset Management Plc, which raised more than £2 million from investors.

Britons Simon Hooper, Martin Kelly & Ryan Allen convicted of fraud involving Rationale Asset Management

September 5, 2024

British nationals Simon Hooper and Martin Kelly, both of whom have been previously exposed by OffshoreAlert, are in custody pending sentencing after being found guilty of fraud in England regarding Rationale Asset Management Plc, which raised more than £2 million from investors before the U.K. Government petitioned it into liquidation in 2021. A third defendant, Ryan Allen, was also convicted and was released prior to being sentenced.

Simon Hooper et al: Verdict Sheet (‘Rational Asset Management Fraud’)

September 3, 2024

Verdict Sheet for Simon Hooper, Martin Kelly,, Ryan Allen, and John Burnett at Wood Green Crown Court, London, England on September 3rd, 2024.

Four charged with fraud in England, including Simon Hooper (again)

April 6, 2021

British law enforcement investigating pension and investment fraud have criminally charged four people, including Simon Hooper and Martin Kelly, who were both previously exposed by OffshoreAlert.

UK Gov’t applies to wind up 3 firms operated by fraudsters

November 4, 2020

Winding up petitions have been filed against British firms Rationale Asset Management, Value Asset Management, and Merydion Corporation, which are operated by members of a gang of British and Irish serial investment fraudsters who have been previously exposed by OffshoreAlert.

The Optimum Retirement Benefit Plan: Final Determination Notice

April 20, 2018

Final Determination Notice by The Pensions Regulator, in the United Kingdom, regarding The Optimum Retirement Benefit Plan.

Cayman Islands Monetary Authority v. Brighton SPC: Liquidators’ First Report

November 12, 2015

First Report of Joint Official Liquidators in Cayman Islands Monetary Authority v. Brighton SPC at the Grand Court of the Cayman Islands.

Cayman regulator applies to liquidate Belvedere’s Brighton SPC, cites ‘fraud’

September 14, 2015

Nearly six months after an OffshoreAlert exposé, the Cayman Islands Monetary Authority has petitioned to wind up Belvedere Management Group investment vehicle Brighton SPC, citing evidence of fraud "from inception" in which at least US$83 million of investors' funds has disappeared.

Belvedere’s Kijani Resources goes into liquidation in Gibraltar

June 26, 2015

Kijani Resources Limited, which is a key component of international investment frauds committed by Irishman David Cosgrove's and South African Cobus Kellermann's Belvedere Management Group, has gone into liquidation in Gibraltar.

Belvedere’s Brighton SPC taken over by Cayman regulator

June 2, 2015

Belvedere Management Group fund vehicle Brighton SPC, which was exposed as a fraud by OffshoreAlert 11 weeks ago, has been taken over by the Cayman Islands Monetary Authority following the completion of a "forensic examination" by the regulator.

BUSTED: British & Irish expats who help Belvedere Group swindle investors

May 22, 2015

One day after new directors were appointed to 'ensure' that Cayman-domiciled Brighton SPC would be operated legally, the Fund illegally acquired a Gibraltar firm with bogus assets of $125 million, OffshoreAlert can reveal. The transfer allowed Belvedere and its accomplices in Britain, Dubai, Gibraltar, Spain and elsewhere to continue securities frauds involving firms listed on stock exchanges in Denmark, England and Germany.

Mauritius regulator closes down RDL Management after OffshoreAlert exposé

March 30, 2015

The Mauritius Financial Services Commission today closed down a third company that was exposed by OffshoreAlert 13 days ago as being part of a massive investment fraud perpetrated by Belvedere Management Group. RDL Management Ltd. had its 'Collective Investment Scheme Manager License' suspended and was placed into administration.

Brighton SPC: Proposed New Directors

March 20, 2015

Letter from BVI-based Drake Fund Advisors Ltd. to shareholders of Cayman Islands-domiciled Brighton SPC announcing the resignation of its board of directors and the identities of proposed new directors.