Category: Press & Articles

Reprinted with permission from the July/August 2020 issue of Fraud Magazine, a publication of the Association of Certified Fraud Examiners in Austin, Texas ©20XX. However, authors wishing to reprint articles to use as promotional pieces or for other for-profit purposes must contact the Fraud Magazine Reprint Service at www.FraudMagazine.com. A fraud investigator obtains access to […]

Andrea Harris, Director of KRyS Global Guernsey, has been appointed as a member of the Insolvency Rules Committee. Andrea’s appointment is recognition of her technical knowledge of Guernsey Insolvency law and her vast experience in the Guernsey insolvency and restructuring market, including administration, liquidation, regulatory and consulting roles. The appointment has been made by the […]

Originally posted on Bloomberg The U.S. Supreme Court let the liquidator of Bernard Madoff’s investment firm press ahead with efforts to recoup $3 billion from European banks and other overseas investors. The justices, without comment on Monday, turned away an appeal by investors led by HSBC Holdings Plc who said trustee Irving Picard was impermissibly […]

Originally posted in the Singapore Business Times Photo caption: As more businesses buckle under strain amid the virus outbreak, some firms in the professional services are boosting their restructuring and insolvency (R&I) practice with more aggressive hiring. ST PHOTO: LIM YAOHUI Singapore AS MORE businesses buckle under strain amid the virus outbreak, some firms in […]

Originally posted on Reuters DUBAI/SINGAPORE (Reuters) – Phoenix Commodities Pvt Ltd, a trader of agricultural products with offices in Dubai and Singapore, is being liquidated after amassing more than $400 million in potential trading losses, according a document prepared by the liquidators seen by Reuters. The business, founded 20 years ago, grew into a company […]

Originally posted on Forbes.com It is 9 am on a Saturday morning at Hurley’s supermarket in Grand Cayman and there is no hint of “business as usual”. Members of the Royal Cayman Islands Police Service are manning the supermarket entrance, while security guards spray shoppers’ hands with antibacterial fluid. Winding dividers direct hundreds of compliant […]

Angela Barkhouse and Mathew Clingerman, two of KRyS Global’s foremost leaders in the conduct of fraud investigations and recovering assets, in conjunction with CDR Essential Intelligence and contributing editor Keith Oliver of Peters and Peters, have had papers published on Fraud, Asset Tracing and Recovery. This represents the first edition of CDR’s Essential Intelligence – […]

Perpetrators of fraud and corruption have increasingly benefited from the quickening technological changes that make it simple to break down barriers across international borders when dealing with the transmission of information and the movement of assets. This publication provides expert summaries of the laws and regulations which have been developed to freeze and repatriate the […]

Originally posted on Corporate LiveWire The Fraud & White Collar Crime 2020 Roundtable discusses recent developments in the legislation and enforcement of corporate fraud, bribery, corruption, tax evasion and insider trading. Other notable topics include: the prominent bribery case U.S. v. Hoskins, cross border investigations, the agencies tackling corporate misconduct and the effects of Brexit […]

Originally posted on Offshore Red In this barnstorming tour-de-force, international investigator Ken Krys – the executive chairman and founder of KRyS Global, which has offices in the Cayman Islands, the British Virgin Islands, New York, London, Guernsey, Hong Kong and Singapore – lays out the basic strategies that your offshore bank is likely to require […]