A now defunct Isle of Man stockbroking company controlled by offshore businessman Keith King has lost a second civil lawsuit brought by a former client. Defendant City & International Securities was found to have illegally transferred GBP200,000 out of the account of The Mannin Foundation, of Liechtenstein, to fund a new stockbroking firm that collapsed within 12 months and was compulsorily wound up by the Isle of Man High Court.
Keith King panned in Isle of Man judgment
24 years ago
Topics
British Virgin Islands Fraud Investment Isle of Man LiechtensteinKeywords
City & International Securities Keith King The Mannin Foundation Virginia Dowty