Benyamin Avrahami

A class action complaint has been filed in the United States against professional advisers in Arizona, Florida, and New York, captive insurers in Saint Kitts and Nevis, and others for allegedly designing and promoting "illegal and abusive tax shelters" into which "premiums" totaling tens of millions of dollars were paid.

Complaint alleging fraud regarding "illegal and abusive tax shelters" involving offshore captive insurers in the Caribbean in Feedback Insurance Company, Ltd., of Saint Kitts and Nevis; Benyamin Avrahami, Orna Avrahami, BYS Company, ACC, Chandler One, LLC, Junction Development, LLC, O & E Corporation, White Mountain Equities, LLC, and White Knight Investment, ACC, all of Arizona v. Celia Clark, of New York; Clark & Gentry, PLLC, of New York; John Garcia, of New York, as Personal Representative for the Estate of Craig McEntee; McEntee & Associates PC, of New York; Neil Hiller, of Arizona; Fennemore Craig, PC, of Arizona; Allen Rosenbach, of Florida; ACR Solutions Group, of Florida; RMS Solutions, Inc., of Illinois; Heritor Management, Ltd., of Saint Kitts and Nevis; and Pan American Reinsurance Company, Ltd., of Saint Kitts and Nevis, at the U. S. District Court for the District of Arizona.

Ruling in Feedback Insurance Company Ltd., a captive insurer domiciled in St. Kitts; Benyamin Avrahami, and Orna Avrahami v. IRS Commissioner at U.S. Tax Court.