Paulo César de Melo Ladeira Junior

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Swedish national Jon Malmsäter’s SCF Brazil Cayman fund goes into liquidation

Another Cayman Islands mutual fund - SCF Brazil, Cayman Feeder SPC - associated with the Miami-based, Brazil-focused Prudent Group has collapsed, this one operated by Swedish national Jon Malmsäter, who has a history of dubious investment schemes, indebtedness, tax problems, and even domestic violence.