Symtomax
April
2022
British fraudulent fund-raising vehicle for cannabis group Symtomax facing strike-off
Scottish firm Symtomax SPV Limited, which conducted a fraudulent €12 million bond offering purportedly to fund a cannabis production facility in Portugal, is facing compulsory strike-off action for failing to meet a statutory filing deadline.
July
2021
Portugal’s cannabis regulator set to give license to British investment fraudsters
British serial investment fraudsters Paul Segal and Minette Coetzee who have been raising funds for their latest scheme, known as Symtomax, by pretending it has a license in Portugal to cultivate, sell, and export cannabis are about to be given a real one by the country’s regulator, INFARMED.
May
2021
Symtomax, Lda: Shareholders
List of shareholders of Symtomax, Lda. as of May 31st, 2021, obtained from the companies register in Portugal.
April
2020
Swan Developments becomes latest member of British fraud group to collapse
Scotland-based Swan Developments Management Limited has become the latest firm to go into liquidation that was operated by, or associated with, the notorious Swan Group of British investment fraudsters.
January
2020
EXPOSED: Symtomax Group’s fraudulent €12M Bond Offering
A €12 million bond offering by British nationals Minette Coetzee, a.k.a. Minette Compson, and Paul Segal via their Symtomax Group for a purported medical cannabis production facility in Portugal is fraudulent, OffshoreAlert can reveal. The scheme involves entities and individuals in the BVI, Canada, Dubai, England, Gibraltar, Morocco, Netherlands, Panama, Portugal, Scotland, Spain, South Africa, and Switzerland.
September
2019
Symtomax SPV Ltd.: Loan Note Memorandum (August 2019)
“Loan Note Memorandum” dated “August 2019” for Symtomax SPV Limited, of England.
August
2019
British fraud firm Etaireia Investments goes into administration
British firm Etaireia Investments Plc has gone into administration – four years after being exposed by OffshoreAlert for perpetrating a property-based investment fraud involving firms and individuals in the BVI, England, Gibraltar, Isle of Man, Scotland, Seychelles, and Spain.
October
2016
EXPOSED: ‘Privilege Wealth’ global investment fraud
Notorious British swindler Brett Jolly is secretly behind a global investment fraud being perpetrated under the name ‘Privilege Wealth’, OffshoreAlert can reveal. The scheme involves a sprawling web of companies and operators in Bermuda, BVI, Cayman Islands, Curacao, Dubai, Gibraltar, Guernsey, Jersey, Luxembourg, Panama, Seychelles, South Africa, Spain, UK, and USA.
June
2015
Belvedere associate Brian Weal’s latest fraud: Publicly-listed Etaireia Investments
OffshoreAlert’s continuing investigation into Belvedere Management Group and its affiliates has uncovered another ongoing investment fraud, this one involving British firm Etaireia Investments Plc, whose shares are listed on the London-based ICAP Securities & Derivatives Exchange and which has raised at least £1.5 million over the last 15 months.
May
2015
BUSTED: British & Irish expats who help Belvedere Group swindle investors
One day after new directors were appointed to ‘ensure’ that Cayman-domiciled Brighton SPC would be operated legally, the Fund illegally acquired a Gibraltar firm with bogus assets of $125 million, OffshoreAlert can reveal. The transfer allowed Belvedere and its accomplices in Britain, Dubai, Gibraltar, Spain and elsewhere to continue securities frauds involving firms listed on stock exchanges in Denmark, England and Germany.
April
2015
Minette Compson: Disqualification
Decision Notice by the Gibraltar Financial Services Commission disqualifying Minette Compson for being “not a fit and proper person”.
April
2015
Minette Compson et al v. Gibraltar Financial Services Commission: Judgment
Judgment in Minette Compson and Brian Peter Weal v. Gibraltar Financial Services Commission at Gibraltar Supreme Court.