Cayman bank and BVI forex trader sued in alleged Ponzi scheme
By Kirsten Hastings From International-Adviser Cayman Islands-based DMS Bank Trust and British Virgin Islands-domiciled CWM are being sued by 318 victims of an alleged £50m ($65.9m, €59.7m) investment fraud. Cayman bank and BVI forex trader sued in alleged Ponzi scheme…
CWM clients launch class action against off shore bank [DMS Cayman Islands] over £50m Fund Fraud
By Andy Traveller From Finance Magnates Affected investors in CWM’s managed fund are seeking legal recourse over alleged fraud, filing a class action in a bid to recover money. Investors who were left out of pocket to the collective tune…
