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Two Chinese nationals - one of whom has a second passport issued by Saint Kitts and Nevis - have been arrested in the United States after being criminally charged with laundering at least $73 million of 'Pig Butchering' crypto-related fraud proceeds through accounts at Deltec Bank & Trust, in the Bahamas.

Chapter 11 Petition by Credivalores-Crediservicios S.A., of Colombia, which "was formed in 2003 for the primary purpose of providing payroll deduction loans", filed at the U.S. Bankruptcy Court for the Southern District of New York.

Criminal Complaint alleging money laundering involving accounts at Bahamas-based Deltec Bank & Trust in USA v. Daren Li, described as a citizen of China and Saint Kitts and Nevis residing in Cambodia, China, and the United Arab Emirates, and Yicheng Zhang, described as a citizen of China residing in Los Angeles, California, USA, at the U.S. District Court for the Central District of California.

Order Denying Motion "for an emergency order pursuant to Federal Rule of Civil Procedure 65 declaring that an order issued on May 2, 2024 by the Grand Court of the Cayman Islands is invalid and unenforceable" in One Thousand & One Voices Africa Fund I Investors, L.P., of the Cayman Islands; One Thousand & One Voices Africa Fund I Investors, Ltd., of the Cayman Islands, and One Thousand & One Voices Management, LLC, of Delaware, USA, all of which are “managed and controlled solely by Hendrik Jordaan”, a citizen of South Africa v. Africa Investments LLC and TIP Founders LLC, both of whose controlling person was identified as John Coors, at the U.S. District Court for the Southern District of New York.

Director Details for Haiyin Capital Investment (International) Limited, obtained from the Cayman Islands General Registry on May 15th, 2024.

Director Details for ODIN88 Crypto Fund (Cayman Feeder) Ltd., obtained from the Cayman Islands General Registry on May 15th, 2024.

Complaint "for breach of contract, conversion, breach of the covenant of good faith and fair dealing, tortious interference, and unjust enrichment" in Maxi Markets Ltd., Prometheus Ltd., and TLM Limited, all of Saint Vincent and the Grenadines v. EU Paymentz LLC, of Delaware, USA, and Albert Christopher Ortega, a.k.a. Chris Ortega, at the U.S. District Court for the Western District of Texas.

Application by Ibiuna Crédito Gestão de Recursos Ltda., Travessia Securitizadora de Créditos Financeiros XXXII S.A., and Travessia Securitizadora de Créditos Financeiros S.A. to take discovery from American Airlines Group, Inc., Bank of America Corp., and Amarillo National Bancorp, Inc. for use in "foreign civil and criminal proceedings pending in Brazil concerning the business operations of Starbucks and Subway in that country, held through the SouthRock Group, a group of U.S. and Brazilian companies controlled and owned by Kenneth Steven Pope", filed at the U.S. District Court for the Northern District of Texas.

Coming June 19-21: OffshoreAlert Marbella 2024. Delve into Hazim Nada’s battle against corporate sabotage and gain unparalleled insights into international finance scandals and recovery strategies.

Director Details for Blockchain Capital Solutions (Cayman) Limited, obtained from the Cayman Islands General Registry on May 14th, 2024.

Order by the Commodity Futures Commission imposing a fine and disgorgement totaling $1,768,512 on Falcon Labs Ltd., a crypto prime brokerage domiciled in the Seychelles, for operating as "a futures commission merchant" without being registered.

Application for the appointment of a Commissioner to collect evidence from Fifth Third Bank regarding an account in the name of Falcon Group Tech - pursuant to a request for judicial assistance from Greece - for a criminal investigation into "unknown subjects for fraud".

Application for the appointment of a Commissioner to collect evidence from unidentified banks - pursuant to a request for judicial assistance from San Marino - for a criminal investigation into "the flow of funds tied to corruption, embezzlement, and money laundering by Ignacio De Jesus Galindo Molina and other Venezuelan, Italian, and San Marino citizens, including through Sammarinese and United States companies".

Application by Sempre Fideles, of Saint Luci, to take discovery from JPMorgan Chase & Co., The Bank of New York Mellon Corporation, and U.S. Bancorp for use in legal proceedings in Saint Lucia against Reliant Group & Casualty Insurance ICC, Ltd., Outdoor Living Inc., Cosmo Import and Export LLC, and Geneva International Insurance Inc., filed at the U.S. District Court for the District of Delaware.

OffshoreAlert has received a bizarre 'Cease and Desist' letter that purports to link last week's prolonged cyber attack on our website to British investment fraudster David Kennedy, who was criminally convicted in England on May 3rd for his involvement in a £121 million investment fraud perpetrated by Cayman Islands-domiciled Axiom Legal Financing Fund, which collapsed after being exposed by OffshoreAlert in 2012.