Another Belvedere limb severed as Cayman authorities take control of Brighton SPC
After authorities took over and froze Belvedere’s funds in Mauritius and Guernsey last month, yesterday its Cayman Islands operation suffered the same fate.
After authorities took over and froze Belvedere’s funds in Mauritius and Guernsey last month, yesterday its Cayman Islands operation suffered the same fate.
A dynamite affidavit from the Guernsey Financial Services Commission shows how the Belvedere kingpins committed the worst crime a money manager can commit.
Belvedere kingpin David Cosgrove is being investigated for his apparent connection to CWM FX, a London-based scam which cost investors over R365m (£20m).
The SA Revenue Service (SARS) started looking at the controversial investment company Belvedere Management Group months ago, Netwerk24 reported on Wednesday.
Cosgrove attacks the OffshoreAlert article which describes Belvedere as a “massive criminal enterprise”. Here is Cosgrove’s letter and response Marchant.
Cobus Kellermann, CEO of Cape-based money manager Clarus Capital, has been fingered as a mastermind behind a massive global Ponzi scheme run from Mauritius.