St. Kitts & Nevis

Leisure Investments Holdings LLC et al: Chapter 11 Petition

March 31, 2025

Chapter 11 Petition by companies that are part of a group that "operates more than 30 attractions - dolphin habitats, marinas and water, theme, and adventure parks - in eight countries across three continents, with primary operations in Mexico, the United States, and the Caribbean, including Jamaica, Cayman Islands, Dominican Republic and St. Kitts", namely Leisure Investments Holdings LLC, Aqua Tours, S.A. de C.V., Dolphin Austral Holdings, S.A. de C.V., Dolphin Capital Company, S. de R.L. de C.V., Dolphin Leisure, Inc., Ejecutivos de Turismo Sustentable, S.A. de C.V., Gulf World Marine Park, Inc., GWMP, LLC, Icarus Investments Holdings LLC, Leisure Investments Holdings LLC, Marineland Leisure Inc., MS Leisure Company Promotora Garrafόn, S.A. de C.V., The Dolphin Connection, Inc., Triton Investments Holdings LLC, and Viajero Cibernético S.A. de C.V., filed at the U.S. Bankruptcy Court for the District of Delaware.

Ofer Levin et al v. Edmund Shamsi et al: Discovery Application (Israel)

March 10, 2025

Application by Ofer Levin, described as "a former Israeli citizen who now resides in Slovakia", and GTI Global Investments Ltd., of Saint Kitts and Nevis, to take discovery from Edmund Shamsi, described as a citizen of Israel residing in Florida, USA; Revivim, LLC, Lenachalah, LLC, Countryside Commons SWF, LLC, Hagefen, LLC, Sigal Group Developments, LLC, and JPMorgan Chase Bank, N.A. for use in legal proceedings in Israel, filed at the U.S. District Court for the Southern District of Florida.

Banesco USA v. Genova Asset Investments LLC et al: Interpleader Complaint

February 25, 2025

Interpleader complaint in Banesco USA v. Genova Asset Investments, LLC, described as "a Nevis limited liability company"; Maria de los Angeles Nardi, as Trustee of the Vignega Trust, described as "a British Virgin Islands revocable trust"; Maria Dolores Nardi, as Trustee of the Angeles Trust, described as "a Florida Trust", and Maria Jose Nardi, as Trustee for the MJN Family Trust, described as "a Florida Trust", at the U.S. District Court for the Southern District of Florida.

Tianyi Wei v. Erik Wang et al: Complaint (‘$70M EB-5 Immigrant Investment Program Fraud’)

February 24, 2025

Complaint alleging fraud in Tianyi Wei, described as a resident of Saint Kitts and Nevis and "a Chinese national and a qualified investor in the EB-5 Program" v. Erik Fangshen Wang, Xianjun Meng, a.k.a. Jacky Meng, described as a resident of Hong Kong and USA; Silvia Siu, a.k.a. Xiao Bing, described as a resident of Hong Kong and USA; James Huang, a.k.a. Huang Jin, described as a resident of China, Hong Kong, and USA; Canbo International Group Ltd., of the British Virgin Islands; Beijing Canbo Geli International Consulting Ltd.; Phillip T. Mendiola Long, Rudy Asuncion Pamintuan, American Northern Marianas Economic Development Fund LLC, American Northern Marianas Regional Center LLC, Bridge Investment Group, a.k.a. BIG; Beijing Jiabao Zhouli Consulting Co. Ltd., and Beijing Geli Law Firm at the U.S. District Court for the Southern District of New York.

USA v. Trident Corporate Services, Inc. et al: Order Granting Petition to Serve ‘John Doe’ Summonses (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)

January 27, 2025

Order Granting Ex Parte Petition by the IRS for Leave to Serve ‘John Doe’ Summonses on TT (USA) Holdings, Inc., Trident Corporate Services, Inc., and Trident Fund Services, Inc. as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the Northern District of Georgia.

SEC v. Paul Bilzerian: Opinion & Contempt Order (‘Saint Kitts and Nevis Litigation’)

January 24, 2025

Memorandum Opinion and Contempt Order for allegedly violating a Court order "by instigating legal proceedings ... in the Eastern Caribbean Supreme Court" against Kevin Horstwood, described as a resident of Saint Kitts and Nevis, in U.S. Securities and Exchange Commission v. Paul Bilzerian at the U.S. District Court for the District of Columbia.

U.S. courts authorize IRS to issue ‘John Doe’ summonses to identify Trident Trust Group clients suspected of U.S. tax evasion

December 24, 2024

United States federal courts in New York and South Dakota have entered orders authorizing the IRS to serve 'John Doe' summonses on 14 entities in an attempt to identify clients of corporate services provider Trident Trust Group who are suspected of evading U.S. taxes, while a third court in Georgia has yet to rule on a similar petition.

USA v. FedEx et al: Order Granting Petition to Serve ‘John Doe’ Summonses (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)

December 23, 2024

Order Granting Ex Parte Petition by the IRS for Leave to Serve 'John Doe' Summonses on FedEx Corporation, DHL Express (USA), Inc., United Parcel Service, Inc., the Federal Reserve Bank of New York, The Clearing House Payments Company LLC, HSBC Bank USA, National Association, The Bank of New York Mellon Corporation, Wells Fargo Bank, National Association, Citibank, National Association, UBS AG, Bank of America, National Association, Deutsche Bank Trust Company Americas, and Nevis Services Limited as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the Southern District of New York.

USA v. Trident Trust Company (South Dakota) Inc.: USA’s Motion to Unseal All Documents (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)

December 20, 2024

USA's Motion to Unseal All Documents in Ex Parte Petition by the IRS for Leave to Serve ‘John Doe’ Summonses on Trident Trust Company (South Dakota) Inc. as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the District of South Dakota.

USA v. Trident Trust Company (South Dakota) Inc.: Court Docket (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)

December 17, 2024

Court Docket for a sealed Ex Parte Petition by the IRS for Leave to Serve ‘John Doe’ Summonses on Trident Trust Company (South Dakota) Inc. as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the District of South Dakota.

USA v. Trident Corporate Services, Inc. et al: Petition to Serve ‘John Doe’ Summonses (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)

December 17, 2024

Ex Parte Petition by the IRS for Leave to Serve ‘John Doe’ Summonses on TT (USA) Holdings, Inc., Trident Corporate Services, Inc., and Trident Fund Services, Inc. as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the Northern District of Georgia.

USA v. FedEx et al: Petition to Serve ‘John Doe’ Summonses (‘Tax Evasion Investigation Into Clients of Trident Trust Group’)

December 17, 2024

Ex Parte Petition by the IRS for Leave to Serve 'John Doe' Summonses on FedEx Corporation, DHL Express (USA), Inc., United Parcel Service, Inc., the Federal Reserve Bank of New York, The Clearing House Payments Company LLC, HSBC Bank USA, National Association, The Bank of New York Mellon Corporation, Wells Fargo Bank, National Association, Citibank, National Association, UBS AG, Bank of America, National Association, Deutsche Bank Trust Company Americas, and Nevis Services Limited as part of an investigation into suspected tax evasion by clients of Trident Trust Group, filed at the U.S. District Court for the Southern District of New York.

IRS files ‘John Doe summons’ petitions to identify Trident Trust Group clients suspected of U.S. tax evasion

December 17, 2024

In an attempt to identify clients of international corporate services provider Trident Trust Group who are suspected of evading U.S. taxes, the IRS has applied to federal courts in New York, Georgia, and South Dakota for permission to serve 'John Doe Summonses' on courier services, financial institutions, correspondent banks, and Trident Trust Group itself.

Ricardo Salinas Pliego et al v. Aleksei Skachkov et al: Discovery Application (England)

December 10, 2024

Application by Ricardo Benjamin Salinas Pliego, described as "a Mexican businessman and the founder and chairman of Grupo Salinas, a multi-billion dollar conglomerate operating across various industries, including the banking, media, and retail sectors", and Corporación RBS S.A. de C.V., of Mexico, to take discovery from Aleksei Skachkov, a.k.a. Alexi Skachov, a.k.a. Alexi Skachkov, a.k.a. Alexey Skachkov, a.k.a. Thomas Mellon, a.k.a. Thomas Astor-Mellon; Wells Fargo Bank, N.A., and Discover Bank, Inc. "for use in a proceeding captioned Ricardo Benjamin Salinas Pliego & Another v Astor Asset Management 3 Limited & Others (case no: CL-2024-000450), currently pending in the High Court of Justice, King’s Bench Division, Business and Property Courts of England and Wales Commercial Court, which involves the theft of hundreds of millions of dollars through an international web of shell companies, bank accounts, and false identities", filed at the U.S. District Court for the Northern District of Georgia.

SEC v. Xtreme Fighting Championships Inc. et al: Complaint (‘$5M Securities Fraud’)

December 9, 2024

Complaint alleging "a fraudulent scheme to illegally sell large amounts of Xtreme Fighting stock to the investing public" involving entities in the Cayman Islands, Saints Kitts and Nevis, and USA in U.S. Securities and Exchange Commission v. Steve A. Smith Jr. and Xtreme Fighting Championships Inc. at the U.S. District Court for the Southern District of Florida.

Nevis: Laurencia Isaac-Ramirez (‘$432K Credit Card Rewards Points Theft & Money Laundering’)

November 1, 2024

Application for the appointment of a Commissioner to collect evidence from PayPal - pursuant to a request for judicial assistance from Saint Kitts and Nevis - for a criminal investigation into Laurencia Isaac-Ramirez and others on suspicion of theft and money laundering by "fraudulently transferring" more than 36 million rewards points worth $432,000 "to her personal account through the My Rewards Platform" while she was an employee of Caribbean Credit Card Corporation Limited.

Saint Kitts-based ‘recidivist’ Paul Bilzerian indicted in U.S. for ‘avoiding $180M SEC judgment’

September 27, 2024

Saint Kitts-based "recidivist" Paul Bilzerian has been criminally indicted in the United States for allegedly fraudulently avoiding a 1993 SEC judgment that now stands at $180 million. Also indicted were accountant Scott Rohleder and Canadian "cannabis and lifestyle brand company" Ignite International Brands Ltd., while all three and others have also been sued for fraud by the SEC.

SEC v. Paul Bilzerian et al: Complaint (‘Revenue Fraud’)

September 27, 2024

Complaint alleging "Ignite - a Canadian company that sells disposable vape pens and other nicotine e-liquid products and whose shares traded in the United States - engaged in a scheme, orchestrated largely by recidivist Bilzerian, who controls Ignite, to fraudulently report revenue" in U.S. Securities and Exchange Commission v. Ignite International Brands Ltd., of Ontario, Canada; Paul Bilzerian, described as "a resident of St. Kitts and the father of Ignite’s Chief Executive Officer"; Paul Dowdall, described as "a resident of Ontario, Canada and a Chartered Professional Accountant registered with the Chartered Professional Accountants of Ontario"; Scott Rohleder, described as a resident of North Carolina, USA; John Schaefer, described as a resident of Yorktown Heights, New York, USA; International Investments Ltd., of Saint Kitts; Accell Audit & Compliance PA, of Tampa, Florida, USA, and Christopher Hiestand, described as a resident of San Antonio, Texas, USA, at the U.S. District Court for the Southern District of New York.

USA v. Paul Bilzerian et al: Criminal Indictment (‘$180M SEC Judgment Fraud’)

September 26, 2024

Criminal Indictment alleging fraud in USA v. Paul Bilzerian, a resident of Saint Kitts and Nevis; Scott Rohleder, described as "a resident of North Carolina and Florida and a certified public accountant", and Ignite International Brands Ltd., of Canada, at the U.S. District Court for the Central District of California.

Mexican billionaire Ricardo Salinas takes legal action over ‘$290M stock loan fraud by U.S.-based Val Sklarov’

August 25, 2024

One of Mexico's richest people, billionaire businessman Ricardo Salinas, has applied to take discovery in New York for a lawsuit in London in which he has accused Chicago-based Val Sklarov and entities with addresses in the Bahamas, Canada, England, Monaco, Saint Kitts and Nevis, Seychelles and Ukraine of swindling him in a stock loan fraud whose damages "could exceed $290 million".

Ricardo Salinas et al v. JPMorgan Chase & Co. et al: Discovery Application (England)

August 23, 2024

Application by Ricardo Benjamin Salinas Pliego, described as "a businessman in Mexico who is the founder and chairman of Grupo Salinas, a conglomerate with interests in various businesses in Mexico", and Corporación RBS S.A. de C.V., of Mexico, to take discovery from JPMorgan Chase & Co., Jaitegh 'JT' Singh, and Singh Law Firm, P.A. for use in legal proceedings in England alleging a "massive stock-lending fraud perpetrated against Mr. Salinas" by Vladimir Sklarov, a.k.a. Val Sklarov and entities that allegedly use addresses in the Bahamas, Canada, England, Monaco, Saint Kitts and Nevis, Seychelles and Ukraine whose damages "could exceed $290 million", filed at the U.S. District Court for the Southern District of New York.

Philippe Martinez et al v. Standard Chartered Bank et al: Opposition to Discovery Application by Caribbean Galaxy Real Estate Corporation et al

July 30, 2024

Opposition by Caribbean Galaxy Real Estate Corporation, Galaxy Group, and Ying Jin to an application by Philippe Martinez and MSR Media SKN Limited to take discovery from Standard Chartered Bank, New York Branch, and Bank of New York Mellon for use in defamation proceedings in Saints Kitts and Nevis alleging "a corrupt scheme related to the sale of citizenship by investment units in St. Kitts and Nevis”, filed at the U.S. District Court for the Southern District of New York.

Philippe Martinez et al v. Standard Chartered Bank et al: Motion to Intervene by Timothy Harris (Saint Kitts and Nevis Parliamentarian)

July 29, 2024

Notice of Motion to Intervene by Timothy Harris, described as "a parliamentarian in the government of Saint Kitts and Nevis", in an application by Philippe Martinez, described in the application as “a United States resident and successful film producer”, and MSR Media SKN Limited, described as “a film production company that produces and films movies in St. Kitts and Nevis”, to take discovery from Standard Chartered Bank, New York Branch, and Bank of New York Mellon “in aid of two ongoing foreign defamation proceedings filed against Applicants in the High Court of Justice in the Federation of Saint Christopher and Nevis” regarding “statements about Foreign Plaintiffs’ alleged involvement in a corrupt scheme related to the sale of citizenship by investment units in St. Kitts and Nevis”, filed at the U.S. District Court for the Southern District of New York.

Philippe Martinez et al v. Standard Chartered Bank et al: Discovery Application (Saint Kitts and Nevis)

July 3, 2024

Application by Philippe Martinez, described as "a United States resident and successful film producer", and MSR Media SKN Limited, described as "a film production company that produces and films movies in St. Kitts and Nevis", to take discovery from Standard Chartered Bank, New York Branch, and Bank of New York Mellon "in aid of two ongoing foreign defamation proceedings filed against Applicants in the High Court of Justice in the Federation of Saint Christopher and Nevis" regarding "statements about Foreign Plaintiffs’ alleged involvement in a corrupt scheme related to the sale of citizenship by investment units in St. Kitts and Nevis", filed at the U.S. District Court for the Southern District of New York.

Shiqi Xu v. BVI Registrar of Companies: Restoration Application (LNO Pix Group Ltd.)

June 10, 2024

Fixed Date Claim Form regarding LNO Pix Group Limited in Shiqi Xu, a citizen of Saint Kitts and Nevis v. The Registrar of Corporate Affairs at the British Virgin Islands High Court.

Shiqi Xu v. BVI Registrar of Corporate Affairs: Restoration Application (Double Stone S.A.)

June 10, 2024

Fixed Date Claim Form regarding Double Stone S.A. in Shiqi Xu, a citizen of Saint Kitts and Nevis v. The Registrar of Corporate Affairs at the British Virgin Islands high Court.

Vitaly Smagin v. Natalia Tsagolova: Complaint (‘$170M Fraud’)

May 28, 2024

Complaint "to recover more than $170 million" in Vitaly Ivanovich Smagin, described as a "Russian citizen and businessman" residing in Moscow, Russia v. Natalia Nikolaevna Tsagolova, described as a resident of Russia, at the U.S. District Court for the Central District of California.

U.S. charges Chinese nationals with laundering $73M via accounts at Bahamas-based Deltec Bank

May 18, 2024

Two Chinese nationals - one of whom has a second passport issued by Saint Kitts and Nevis - have been arrested in the United States after being criminally charged with laundering at least $73 million of 'Pig Butchering' crypto-related fraud proceeds through accounts at Deltec Bank & Trust, in the Bahamas.

USA v. Daren Li et al: Criminal Indictment (‘$73M Crypto Laundering’)

May 15, 2024

Criminal Complaint alleging money laundering involving accounts at Bahamas-based Deltec Bank & Trust in USA v. Daren Li, described as a citizen of China and Saint Kitts and Nevis residing in Cambodia, China, and the United Arab Emirates, and Yicheng Zhang, described as a citizen of China residing in Los Angeles, California, USA, at the U.S. District Court for the Central District of California.

JTC Skywave Investments Ltd. et al v. Andrew Mart et al: Notice of Removal (‘$10M Investment Fraud’)

April 22, 2024

Notice of Removal, including a copy of the complaint, by defendant Andrew Mart in JTC Skywave Investments Ltd., of the British Virgin Islands, and Harald McPike, described as a citizen of Austria residing in the Bahamas v. Andrew N. Mart, Deanna Boies, Luminescence LLC, of Florida; Luminescence LLC, of Illinois, and Luminastra LLC at the U.S. District Court for the Southern District of Florida.

Jack Stroll et al v. Global Bank of Commerce Ltd. et al: Examination Questions (‘Antigua Bank Insolvency’)

March 1, 2024

Questions for the Examination of Brian Stuart-Young, CEO of Global Bank of Commerce Limited in Jack Stroll, a citizen of Canada residing in Antigua and Barbuda, and Neverland Services S.A., of Nevis v. Global Bank of Commerce Limited, of Antigua and Barbuda, and Brian Stuart-Young at the High Court of Justice for Antigua and Barbuda.

Chengming Holdings (Hong Kong) Ltd. v. John Does 1-10: Discovery Application

February 26, 2024

Motion by Chenming Holdings (Hong Kong) Limited, of Hong Kong, to take expedited discovery from Citibank, N.A., JPMorgan Chase & Co., and Community Federal Savings Bank, filed at the U.S. District Court for the Southern District of New York.

USA v. Roger Ver: Criminal Indictment (‘$48M Tax Evasion’)

February 15, 2024

Criminal Indictment in USA v. Roger Keith Ver, described as a former citizen of the USA who residing in Japan and Saint Kitts and Nevis, at the U.S. District Court for the Central District of California.

Vitaly Smagin v. CMB Monaco et al: Second Amended Complaint (‘$170M Fraud’)

February 9, 2024

Second Amended Complaint in Vitaly Ivanovich Smagin, described as a citizen and resident of Russia v. Compagnie Monégasque de Banque, a.k.a. CMB Bank, of Monaco; Ashot Yegiazaryan, a.k.a. Ashot Egiazaryan, described as "a Russian criminal on the Interpol “Red” list living amongst us in a luxury estate in Beverly Hills as a citizen of California"; Suren Yegiazaryan, a.k.a. Suren Egiazarian; Artem Yegiazaryan, a.k.a. Artem Egiazaryan; Stephan Yegiazaryan, a.k.a. Stephan Egiazaryan; Vitaly Gogokhia, described as a resident of London, England; Natalia Dozortseva, described as a citizen of Russia residing in France; Murielle Jouniaux, described as a resident of France; Alexis Gaston Thielen, described as a resident of Luxembourg; Ratnikov Evgeny Nikolaevich, described as a citizen of Russia who "falsely and fraudulently held himself out to be an impartial Russian bankruptcy officer overseeing Plaintiff’s bankruptcy filing in Russia"; H. Edward Ryals, described as a lawyer residing in St. Louis, Missouri, USA, and Prestige Trust Company, Ltd., described as "a Nevis company" whose "managing director, Stevyn L. Bartlette, is an individual residing in Florida", at the U.S. District Court for the Central District of California.

Philippe Martinez et al v. Bank of America: Discovery Application (Saint Kitts and Nevis)

February 7, 2024

Application by Philippe Martinez, described as "a United States resident and successful film producer", and MSR Media SKN, described as a Saint Kitts and Nevis-domiciled producer of "films and television shows", to take discovery from Bank of America, N.A. for use in "foreign defamation proceedings filed against Applicants in the High Court of Justice in the Federation of Saint Christopher and Nevis" by Caribbean Galaxy Real Estate Corporation, described as "a Chinese real estate development firm”; Ying Jin, described as a "former Chief Executive Officer of Caribbean Galaxy”, and Timothy Harris, described as a "former Prime Minister of St. Kitts and Nevis", regarding "statements about Foreign Plaintiffs’ alleged involvement in a corrupt scheme related to the sale of citizenship by investment units in St. Kitts and Nevis", filed at the U.S. District Court for the Southern District of Florida.

Sun Re Ltd. v. Cogan Capital, LLC: Complaint (‘$930K Conversion’)

January 17, 2024

Complaint in Sun Re Ltd., formerly known as Selecta Insurance and Reinsurance Company (Caribbean), Ltd., of Saint Kitts and Nevis, whose CEO was identified as Vasily Kozlov v. Cogan Capital, LLC, described as a Delaware company based in Texas, at the U.S. District Court for the Northern District of Texas.

America 2030 Capital Ltd. v. Mark Brantley et al: Complaint (‘Breach of Confidentiality’)

December 15, 2023

Complaint alleging "breach of confidentiality, and breach of duty owed to a current and former client" in America 2030 Capital Limited, described as a Colorado company based in Atlanta, Georgia, USA that "operates a well-known business of stock loans around the world" v. Mark Brantley, described as "attorney and founding partner at Daniel Brantley Attorneys at Law, Premier of Nevis, and resident of the state of Saint Christopher and Nevis"; Daniel Brantley Attorneys at Law, a law firm in Nevis; Brian Barnes, Elizabeth Harper, Dia Forrester, each described as a partner of Daniel Brantley Attorneys at Law residing in Nevis; Sunpower Business Group Pte Ltd., and Tournan Trading Pte Ltd., both of Singapore, at the U.S. District Court for the Southern District of Florida.

Vitaly Smagin v. CMB Monaco et al: First Amended Complaint (‘$165M Fraud’)

December 4, 2023

First Amended Complaint in Vitaly Ivanovich Smagin, described as a citizen and resident of Russia v. Compagnie Monégasque de Banque, a.k.a. CMB Bank, of Monaco; Ashot Yegiazaryan, a.k.a. Ashot Egiazaryan, described as "a Russian criminal on the Interpol “Red” list living amongst us in a luxury estate in Beverly Hills as a citizen of California"; Suren Yegiazaryan, a.k.a. Suren Egiazarian; Artem Yegiazaryan, a.k.a. Artem Egiazaryan; Stephan Yegiazaryan, a.k.a. Stephan Egiazaryan; Vitaly Gogokhia, described as a resident of London, England; Natalia Dozortseva, described as a citizen of Russia residing in France; Murielle Jouniaux, described as a resident of France; Alexis Gaston Thielen, described as a resident of Luxembourg; Ratnikov Evgeny Nikolaevich, and H. Edward Ryals, described as a lawyer residing in St. Louis, Missouri, USA, at the U.S. District Court for the Central District of California.

Multisuma Investment Corp. et al v. Venezuela: Complaint (‘Bonds Default’)

November 2, 2023

Complaint alleging "a breach of contract action arising out of Venezuela’s failure to make contractually mandated principal and interest payments on five series of bonds issued by Venezuela" in Multisuma Investment Corp., of Saint Kitts and Nevis, and Cen Xijiao Siem Wu, of Panama v. The Bolivarian Republic of Venezuela at the U.S. District Court for the Southern District of New York.

U.S.-Russian fund manager Peter Kambolin charged with fraud involving crypto & FX funds

September 21, 2023

Florida-based U.S.-Russian investment manager Peter Kambolin has been criminally charged with conspiracy to commit commodities fraud at federal court in Miami involving entities in or from Belarus, Cayman Islands, Dominica, Nevis, Russia, Turkey, and USA.

USA v. Peter Kambolin: Criminal Information (‘Crypto & FX Fraud’)

September 19, 2023

Criminal Information alleging conspiracy to commit commodities fraud involving entities in or from Belarus, Cayman Islands, Dominica, Nevis, Russia, Turkey, and USA in USA v. Peter Kambolin, described as "a U.S.-Russian national" residing in Sunny Isles Beach, Florida, USA, at the U.S. District Court for the Southern District of Florida.

Centurion Group life settlement funds go into liquidation in Cayman after auditor resigns

August 31, 2023

Four Cayman Islands life settlement investment funds that are part of Bermuda national David Rawson-Mackenzie's Centurion Group have gone into liquidation after their auditor resigned due to "concerns" about how business was being conducted, namely Argent Fund SPC, Defined Return Fund Plc, Life Settlement Strategy Fund SPC, and Defined Returns Partnership LP, three of which appear to have been suspended for over 12 years.

Agenda Launch – OffshoreAlert London Conference

July 27, 2023

The first version of the agenda for OffshoreAlert's 10th Annual London Conference on December 4-5 is now available. For more information about OffshoreAlert London 2023, sponsorship opportunities, and tickets, please visit www.oalondon.com.

N.P.S.SF. Debt Co. Sàrl v. Standard Chartered Bank et al: Discovery Application (Germany, India, Marshall Islands, Pakistan, St. Kitts & Nevis & United Arab Emirates)

June 30, 2023

Application by N.P.S.SF. Debt Co., S.à.r.l., of Luxembourg, to take discovery from Standard Chartered Bank, Citigroup, d.b.a. Citibank; The Bank of New York Mellon Corporation, Bank of America, N.A., JPMorgan Chase Bank, N.A., Deutsche Bank AG, Deutsche Bank Trust Company Americas, HSBC Bank, Société Générale, UniCredit Bank AG, Credit Suisse Bank N.A., UBS Group AG, Wells Fargo Bank, N.A., The Clearing House Payments Company L.L.C., Bank of China, BNP Paribas USA, Commerzbank AG, Mashreq Bank PSC, and Habib American Bank for use in legal proceedings in Germany, India, Marshall Islands, Pakistan, St. Kitts & Nevis, and United Arab Emirates regarding an alleged $36.6 million fraud by Muhammad Tahir Lakhani and Muhammad Ali Lakhani, both described as residents of Dubai, UAE, and Pakistan, and their Astir Group, filed at the U.S. District Court for the Southern District of New York.

Global Bank of Commerce creditor sues Antigua’s AG for ‘breaching contract to redeem $10M T-Bill’

May 23, 2023

Canadian Jack Stroll has sued Antigua and Barbuda's Attorney General after the local Government allegedly failed to honor an agreement to redeem a US$10 million Treasury Bill whose proceeds were intended to settle a debt owed by Antigua's oldest offshore bank, Global Bank of Commerce.

Jack Stroll et al v. Antigua & Barbuda Attorney General: Complaint (‘$10M Breach of Contract’)

May 22, 2023

Complaint for US$10 million in Jack Stroll, a citizen of Canada residing in Antigua, and Neverland Services S.A., of Nevis v. Attorney General of Antigua and Barbuda at the High Court of Justice of Antigua and Barbuda.

Onemata Corporation v. Ashfaq Rahman et al: Complaint (‘Fraudulent Transfers’)

May 19, 2023

Complaint in Onemata Corporation v. Ashfaq Rahman, Sabira Arefin, MaskGene LLC, of Nevada, USA; Ashfaq Rahman, Sabira Arefin, and Ran Chae, as Trustees of the Bright Stars Irrevocable Trust; Bright Stars Irrevocable Trust, Peacenheaven LLC, of Nevada; Ashfaq Rahman, Savira Arefin, and Ran Chae, as Trustees of the Paradise Valley Irrevocable Trust; Paradise Valley Irrevocable Trust, Ashfaw Rahman and Sabira Arefin, as Trustees of The Rahman/Arefin Living Trust; The Rahman/Arefin Living Trust, Homelien Investment LLC, of Nevis; Bashabari LLC, of Nevada; Sabira Arefin and Ran Chae, as Trustees of the Sunshine Irrevocable Trust; Sunshine Irrevocable Trust, Lakemont Property LLC, of Nevis, and HomeLien Investment Ltd., of Canada, at the U.S. District Court for the District of Nevada.

Carter-Middleton International Inc. et al v. Fifth Third Bank NA: Complaint (‘Recovery of Bank Deposits’)

May 1, 2023

Complaint in Carter-Middleton International Inc., described as a Bahamas company based in the United Kingdom, and Chancery Reinsurance Ltd., described as a Saint Kitts and Nevis company based in the United Kingdom v. Fifth Third Bank N.A. at the U.S. District Court for the Southern District of Florida.

CFTC v. Systematic Alpha Management LLC et al: SRO Motion (‘Crypto & FX Fraud’)

April 24, 2023

Motion for Statutory Restraining Order regarding an alleged fraud involving, inter alia, a “Cryptocurrency Pool” and an “FX Pool” – both domiciled in the Cayman Islands – in Commodity Futures Trading Commission v. Systematic Alpha Management LLC and Peter Kambolin, as Defendants, and Jersey City Partners LLC and Thor Enterprises International Inc., of Nevis, as Relief Defendants, at the U.S. District Court for the Southern District of Florida.

CFTC v. Systematic Alpha Management LLC et al: Complaint (‘Crypto & FX Fraud’)

April 24, 2023

Complaint alleging fraud involving, inter alia, a "Cryptocurrency Pool" and an "FX Pool" - both domiciled in the Cayman Islands - in Commodity Futures Trading Commission v. Systematic Alpha Management LLC and Peter Kambolin, as Defendants, and Jersey City Partners LLC and Thor Enterprises International Inc., of Nevis, as Relief Defendants, at the U.S. District Court for the Southern District of Florida.