Monthly Archives: November 2009

BVI “vulture funds” sue Liberian government in the British Court

The Republic of Liberia is to be sued in the High Court in London by two “vulture funds” – Hamsah Investments and Wall Capital Ltd., –  both registered in the British Virgin Islands. These companies are seeking to get large … Continue reading

Posted in BVI Companies, Litigation, Unethical business practice | Leave a comment

BVI company’s investments into Australian weapon maker are delayed

The Australian weapons company Metal Storm Limited has already suffered several delays of financial assistance from the mysterious investment company registered in the British Virgin Islands.  It seems there is little information about Assure Fast Holdings and its chairman Robert … Continue reading

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Former president of European Parliament is said to be the director of the BVI company

The Irish press published information that Pat Cox, the former president of the European Parliament who can be nominated to the European Commission, is a director of an offshore company incorporated in the British Virgin Islands. His company Pat Cox … Continue reading

Posted in BVI Companies, Offshore tax havens | Leave a comment

Madoff’s trustee and BVI funds’ liquidator dispute can be settled in BVI court

The process of liquidation and recovery of fees to investors into the BVI-registered Kingate Global Fund Limited and Kingate Euro Fund Limited, which are sued as the funds linked to Madoff Investment Securities LLC, may cause even more problems than … Continue reading

Posted in Bankruptcy, BVI Investment Funds, Court decisions, Frauds, Investigation, Liquidation, Litigation, Offshore investment schemes | Leave a comment

German hedge fund alleged of fraud involving BVI companies

Stefan R. Seuss, German financial manager, was arrested in his home in Miami charged of money laundering as part of global criminal investigation into the German hedge fund. The K1 Group, whose business activities became the reason of losses about … Continue reading

Posted in Frauds, Investigation, Money Laundering, Offshore investment schemes | Leave a comment