The collapse of an investment group headed by Miami-based Swedish national Dennis Klemming has continued with the liquidations of two more Cayman Islands entities, International Capital Allocation Ltd. and International Portfolio Allocation Ltd., which each had an agreement to borrow up to $100 million from another failed Cayman entity, SPI Investment Fund.
Articles Austria Cayman Islands Featured Fraud Germany Investment Liquidations & Insolvencies Sweden United Kingdom USAMay 22, 2024
Two more Cayman entities controlled by U.S.-based Swedish national Dennis Klemming go into liquidation
![](https://cdn.offshorealert.com/wp-content/uploads/2024/05/Klemming-Group.png)
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Austria Cayman Islands Fraud Germany InvestmentKeywords
Alfred Neimke Andreas Schindler Cayman Opportunity Investment Manager Dennis Klemming Flavio Santos