Discus Master Limited

Two former officers of a U. S.-based investment adviser have been accused of perpetrating a "massive fraud" against clients, who include an offshore bank and several offshore hedge funds.The conduct of Eric A. Bloom, 42, a resident of Northbrook, Illinois, and Charles K. Mosley, 43, a resident of Vernon Hills, Illinois, caused the loss of "several hundred million dollars" of approximately $1.4 billion of assets under management that their Chicago-based firm, Sentinel Management Group Inc., had at the time it filed for bankruptcy last year, according to the U. S. Securities and Exchange Commission.

A bank and seven investment funds all domiciled in Caribbean countries are among the 20 largest unsecured creditors of a U. S. based investment adviser that has filed for bankruptcy in Chicago and is being sued for fraud by the

A bank and seven investment funds all domiciled in Caribbean countries are among the 20 largest unsecured creditors of a U. S.-based cash management firm that has filed for bankruptcy in Chicago.