Monthly Archives: April 2010

One of UK parties received half of donations from the BVI company

It became known that nearly £100,000 of donations to the UK Party of Liberal Democrats has come from the company Alpha Healthcare – a company owned by  Indian businessmen. This is more than half the cash that the Party has … Continue reading

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Managing director of BVI hedge funds arrested in connection with K1 Group’s probe

Two more arrests were made in connection with investigation of K1 Group’s activities. According to Dietrich Geuder, the spokesman for the Wuerzburg Prosecutors’ Office, the managing director of the British Virgin Islands-based hedge funds K1 Global Ltd. and K1 Invest … Continue reading

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

Seattle’s pension fund concerned over its investments in BVI- and CI-based hedge funds

The Seattle City Employees’ Retirement System (SCERS), the pension fund which is holding $1.6 billion to pay the pensions of 15,000 Seattle city workers, is trying to get back $20 million of its investment money through a several hedge funds … Continue reading

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Gulfside Minerals questions BVI company’s right on ECM shares

Gulfside Minerals Ltd. has filed a writ in the District Court of Ulaanbaatar, Mongolia, to cancel the transfer of shares of  ECM LLC, the company holding the Erdenetsogt exploration License, to the British Virgin Islands company Mangreat Group Ltd. In … Continue reading

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BVI- and Florida-based owners of the Bank of Miami signed agreement with the Federal Reserve Bank of Atlanta

Two holding companies, British Virgin Islands-based Granvalor Holding Limited and International  Bancorp of Miami, registered in Coral Gables, signed a written agreement with the Federal Reserve Bank of Atlanta, according to which they pledged to devise a plan to support … Continue reading

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