Monthly Archives: September 2010

SFO widens probe into Weavering Fund

Posted on September 22, 2010 by Mike

UK’s Serious Fraud Office has widened its long-lasting investigation into hedge fund Weavering Capital and British Virgin Islands-registered offshore company Weavering Capital Fund Limited. The very complex investigation, which commenced more than a year ago with the liquidation of Weavering … Continue reading →

Posted in Frauds, Investigation, Liquidation | Leave a comment

SEC announced formal investigation to FUQI International

Posted on September 11, 2010 by Mike

FUQI International, Inc., a NASDAQ-listed company conducting its business through British Virgin Islands-registered subsidiary FUQI International Holdings Co., Ltd., announced that it was recently notified by the Securities Exchange Commission of a formal, non-public investigation, and has received a subpoena … Continue reading →

Posted in BVI Companies, Investigation | Leave a comment

DRC President nephew’s BVI companies to sell Congo oilfields

Posted on September 6, 2010 by Mike

Some months after two oilfields in the Democratic Republic of Congo were sold to the British Virgin Islands-based companies, which are said to be owned by president’s nephew Khulubuse Zuma, it actually became known that he sold his disputed rights … Continue reading →

Posted in BVI Companies, Illegal actions, Investigation, Litigation | 1 Comment