Category Archives: Unethical business practice

Unethical business practice information.

BVI company involved in illegal investor’s case

Thomas Elvin, accused of depriving investors of €177,000 and operating as an illegal investor between 2003 and 2005, is said to be the head of the company called Pear Shaped Resources. This fact was claimed in court, which was told … Continue reading

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Liquidators bring an action against BVI fund

The liquidators of Weavering Fund’s UK operation began a civil case in London’s High Court against Magnus Peterson, CEO of Weavering and manager of its Macro Fund. Along with other employees of the fund, he is alleged of the breach … Continue reading

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Offshore Investment fund alleged of providing false information

Federal Judge has frozen the assets and suspended the operations of Cambridge investment fund, Locust Offshore Management LLC. The founder of the fund, Andrey C. Hicks, is accused of lying to investors about the existence of an operation in the … Continue reading

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OMC failed to report Singapore authority on transactions with BVI company

КартинииконографияOn December 21, 2007, Singapore-based company GLA Ltd., which is owned by former Tourism Minister G Janardhana Reddy, had transferred the share of one Singapore dollar of the company to another ex-minister’s firm, GJR Holdings, registered in Isle of Man. … Continue reading

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BVI company’s owner asks compensation from the British Government

The founder of the biggest wheel-clamping firm in the United Kingdom has demanded from the Government a compensation of up to £4 million. Mr Trevor Whitehouse, whose company is incorporated in the British Virgin Islands, has claimed that the proposed … Continue reading

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First Quantum Minerals launches international case against DRC in Washington court

холови гарнитуриThe companies International Quantum Resources Limited, Frontier SPRL and Compagnie Miniere de Sakania SPRL, which are the subsidiaries of Canadian mining company First Quantum Minerals Ltd., have initiated international arbitration against the Democratic Republic of Congo (DRC) under the … Continue reading

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BVI company put on liquidation continues products sale

Cool-er device of the British Virgin Islands-registered company Interead, which has received a winding up order a month ago by the high court in Liverpool, UK, is still sold by companies Argos and Tesco. The businessman behind the company Neil … Continue reading

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Tajik President’s relative denies links to BVI company

Jamoliddin Nuraliev, the Tajik government official and Son-In-Law of country’s president, has denied any ties to a British Virgin Islands-registered firm Innovative Road Solutions, which is operating the toll road on Dushanbe-Chanak highway, – one of the main roads in Tajikistan.  … Continue reading

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Additional lawsuit filed against Fuqi International, Inc.

Fuqi International, Inc., a Chinese designer of precious metal jewelry, selling a wide range of products in the Chinese luxury goods market, and having a British Virgin Islands-registered subsidiary Fuqi International Holdings Co., Ltd., has been filed additional lawsuit. Murray, … Continue reading

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BVI company’s operation of toll road in Tajikistan is said to be illegal

The head of Tajikistan’s Antimonopoly Committee announced that the Innovative Road Solutions (IRS), incorporated in the British Virgin Islands, has no more right to operate the toll road on the 350-kilometer-long Dushanbe-Chanak highway. According to Amonulloh Ashur, the BVI company … Continue reading

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