Monthly Archives: October 2011

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

Posted in Frauds, Illegal actions, Management Fraud, Offshore investment schemes, Scam, Unethical business practice | Leave a comment

Tax service secretary asked over BVI company deal

Dave Hartnett, permanent secretary for tax at UK Revenue& Customs, is to be questioned by MPs over leaked documents concerning the settlement of a tax dispute with Goldman Sachs. According to the report of the tax authorities, this settlement apparently … Continue reading

Posted in BVI Companies, Revenue Service | Leave a comment