Swisscash

Article based on an application to collect evidence for a criminal investigation into alleged fraud, forgery and money laundering - pursuant to a request for judicial assistance from Switzerland - that was filed at federal court in the USA on July 17, 2008. Individuals and businesses mentioned in the request for assistance include Kee Sien Lee, Swisscash, Swiss Mutual Fund (1948) SA, Prolexit Technologies, Inc., and Co-Location.com Inc.

The U. S. Commodity Futures Trading Commission has announced that its Division of Enforcement was awarded “a record total of more than $540 million in civil monetary penalties, restitution, and disgorgement from respondents and defendants in actions involving fraud, manipulation, and other misconduct” for its fiscal year ended September 30, 2007; In other regulatory news, here's a list of actions taken recently by regulators in offshore financial centers; and Microsoft Corp. has become the latest big company to sue a business, purportedly domiciled in the Cayman Islands, that registers and warehouses domain names that are confusingly similar to registered Trademarks of established enterprises.