Monthly Archives: October 2006

Marble Point freezes assets of Stonecroft companies

An Alberta oil and gas exploration and production company is claiming that 3 Quebec firms defrauded it of USD 11.9 millon via a Utah financial institution. A temporary Quebec Superior Court injunction has been granted to Marble Point Energy Ltd. … Continue reading

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BVI Company Assets Worth HK$20 Million Frozen by the Court Injunction

An American couple is trying to receive back US$11 million that was given to Mr David Rasif to buy a District 10 bungalow in Singapore. In June 2006, soon after Mr Rasif disappeared with more than $11 million of his … Continue reading

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Party chairman admits purchase deal that escaped paying GBP 600 000 in tax

The allegations that the UK Conservative party had an illegal property deal to raise money secretly from a foreign source using a complex real estate transaction connected with its former London headquarters have already been described  previously. By means of … Continue reading

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BVI companies connected to money laundering charges through Manhattan. List revealed.

Regarding the story about BVI companies connected to money laundering charges through Manhattan, the names of these 16 BVI-registered companies have been revealed to the public this week. The New York District Attorney’s Office named the companies indicted in connection … Continue reading

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Generals looking for Thaksin’s cash

The scandal around Thai Prime Minister and his family related to taxation and BVI-registered companies Ample Rich and Win Mark has already been discussed, but the story continues to develop. The question where Thai Prime Minister Thaksin Shinawatra deposited his … Continue reading

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Chadbourne & Parke LLP vs. Integral Hedging Offshore

On September 29, 2006, Chadbourne & Parke LLP has won dismissal of shareholder derivative claims submitted in federal court against the directors of a British Virgin Islands hedge fund, Integral Hedging Offshore, Ltd. One of the investors of Komodo Holdings … Continue reading

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BVI companies connected to money laundering charges through Manhattan

On September 27, 2006, Bank of America acknowledged that it allowed South American money launderers to illegally move USD 3 billion through a single Midtown Manhattan branch. Between May 2002 and April 2004, the money originating mostly from offshore shell … Continue reading

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Scotch Tax Scheme

The Australian Crime Commission is investigating tax schemes, set up by Ross Seller – the top Sydney tax lawyer. Tax Office claims that making premium Scotch whisky was financed by fraudulent tax haven loans. The Commission has found the evidence … Continue reading

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