Helmut Kiener, the founder of the K1 fund, has now been arrested. He will remain in custody in accordance with a court ruling made today. K1 is now not answering phone calls and a second person, an unnamed K1 manager, is now also a suspect. The German web-site of K1 has also been suspended. Files have been seized in Gernany and Switzerland and investigations are now extending to the Caribbean. It is alleged that K1 and Kiener have borrowed and invested in contravention of UK and French banking rules. There is in the region of $400 million involved, possibly more.
March 10, 2016
March 25, 2014
November 11, 2013
Please click here to adjust your cookie settings for this website.
The Economic Voice Ltd – Registered in England and Wales, company number: 06794958
c/o J & S Chartered Accountants Ltd., 6 Northlands Road, Southampton, Hampshire, UK SO15 2LF
Tel: +44(0)1722 770 043 | Email: firstname.lastname@example.org
© Copyright 2009-2018 The Economic Voice – All rights reserved