|
|
 |
Report Archive |
|
|
|
Wire Archive |
| Upcoming Events | |
|
The Life Settlements Conference 2010 - Las Vegas |
| Recent Events | |
|
The International Life Settlements Conference 2010 - London |
| Past Events | |
|
Conferences |
|
Webinars |
| Resources | |
|
PIPE Directory |
|
SPAC Directory |
|
Reverse Merger Directory |
|
Books |
About DealFlow Media |
|
| Advertise | |
| Contact Us | |
Phone (516) 876-8006 Fax (516) 876-8010 Info@dealflow.com |
|
Another Keydata Investment Fund Caught Up in Scandal
Posted March 01, 2010
6:00PM PST
Investors in the Keydata International Traded Life Policy fund are concerned they ended up with £3 million ($4.5 million) of worthless life policies from SLS Capital, Citywire reported.
The Cayman Islands-based fund, set up by U.K.-based Keydata Investment Services directors Stewart Ford and Mark Owen in April, was supposed to purchase second-hand Lifemark life policies from Keydata customers, according to the article. The Cayman Islands Monetary Authority may wind up the fund after PricewaterhouseCoopers resigned as its auditor in February, the report said.
Source: News Story
Latest Stories
- Life Partners Plans to Discuss Spinning off More Than $100M in Assets
- PolicyOptions Acquires Golden Gateway's Life Settlement Business
- Rumson Alleges Former Executive Viewed Porn on Office Computer
- Maple Bank Portfolio Auction Postponed
- Absolute Life Solutions Starts Business, Buys $10M in Policies
- Head Announces Retirement from LISA at End of Year
- Melville Capital Brokering A&O Portfolio
- SEC Task Force Recommendations Could Impact Market in Short-Term
- CarVal Backs out of Lifemark Restructuring Proposal
- Life Expectancy Providers to Refine Best Practices, Mortality Table
Related by Keyword
- CarVal Backs out of Lifemark Restructuring Proposal
- Ford: Keydata Was Trying to Resolve Tax Issues
- Spokesman: Ford Didn't Know Elias Was a Fugitive, BBC Reports
- Stewart Ford is Beneficial Owner of Lifemark Distributor
- Lifemark Paid Secret Commissions, Citywire Says
- A Lifemark Policy Matures
- Lifemark Needs Funding By June, Citywire says
- U.S. Hedge Fund CarVal Offering Loan to Lifemark, Citywire Says
- U.K.'s FSCS Says It Isn't Revisiting Rejected Keydata Claims
- UK Investigating Lifemark for Fraud in Keydata Case
Copyright © DealFlow Media, Inc. All Rights Reserved
