Getting the Deal Through – Asset Recovery 2019

Accreditation: Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through – Asset Recovery 2019 (Published: November 2018). For further information please visit www.gettingthedealthrough.com. Getting the Deal Through provides international expert analysis in key areas of law, practice and regulation for corporate counsel, crossborder legal practitioners, and […]

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Introduction to International Issues: Where Has All The Money Gone?

Posted with permission of National Association of Federal Equity Receivers (NAFER), Alex Moglia (Moglia Advisors), Paul R. Brown, (Karr Tuttle Campbell), James Faulkner, (Kroll) and Kenneth Krys (KRyS Global) To view this article, please click here.

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Forensic Investigation Finds Evidence of Money Laundering, Bribery, and Corruption in President Yameen’s Government

Originally posted on mdp.org Yesterday, the MDP received a report from KRyS Global, a forensic accounting firm with global offices and experience in fraud investigation, validating previous media reports regarding corruption within President Yameen’s government. The report is based on the forensic review and analysis of 80,890 messages (phone and encrypted messages) taken from the […]

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“When assets go offshore, we put it into the too difficult box”

Originally posted on Corporate LiveWire Written by Angela Barkhouse If fraud or misconduct is discovered, it can have debilitating effects on a company; on its profits, consumer confidence, increased costs including legal costs, and in severe cases its reputation and the cutting of its workforce. In severe cases of fraud the company will often be […]

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Singapore Office Added to KRyS Global Portfolio

Consistent with its corporate vision to be the most effective and sought after offshore asset recovery firm in the world, KRyS Global has opened an office in Singapore.  The office will be jointly managed by Jonathan Ong and Kenneth Krys. The Singapore office will facilitate and assist current and potential clients in the SouthEast Asia […]

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Jonathan Ong appointed liquidator of Ryobi Tactics Pte Ltd

Originally posted on The Business Times Ryobi Kiso Holdings and some of its subsidiaries have received letters of demand from certain creditors, it said on Friday. Among them are United Overseas Bank for some S$24.4 million; Singapura Finance for S$74,492; Oversea-Chinese Banking Corporation for S$2.94 million; and Hong Leong Finance for S$429,341. Additionally, subsidiary Ryobi […]

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Three KRyS Members Recognized As Asset Recovery Experts

Three members of the KRyS Global team were recognized as Asset Recovery Experts 2018 by Who’s Who Legal. These individuals were selected as standout individuals from 49 firms in 22 jurisdictions that were featured by Who’s Who Legal for their exceptional work in the space. Andrea Harris is recognised as “a strong technician” who “is […]

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Andrea Harris Promoted to Director

We are pleased to announce the promotion of Andrea Harris to Director of our Guernsey office. Andrea has been part of the KRyS Global family for over 7 years, has worked in our Cayman, BVI and Guernsey offices and is as an integral member of our team. She is a Fellow of INSOL International, a […]

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Myanmar set to adopt new insolvency laws including a corporate rescue procedure

Photo from Bruno Arboit The Republic of the Union of Myanmar moved a step closer to the adoption of new insolvency and restructuring laws with public consultations for the proposed laws recently taking place in Nay Pyi Taw and Yangon. It is proposed that the new laws will be finalised and put before Parliament in […]

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Fairfield Liquidators wins BVI costs appeal in Madoff claim sale dispute

Originally posted on Global Restructuring Review Madoff feeder fund Fairfield Sentry has won a costs appeal in the Caribbean’s highest court absolving it from paying for an opponent’s expert witness, after its fortunes changed in a dispute over the sale of its claims against the Ponzi scheme’s estate.

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