One arrested in hedge fund investigation in the Cayman Islands
GRAND CAYMAN, Cayman Islands: Detectives from the Royal Cayman Islands Police Service (RCIPS) Financial Crimes Unit (FCU) on Wednesday, July 16 arrested a 47-year-old man on suspicion of theft, false accounting and uttering false documents. The arrest comes as part of investigations into the collapse of the ‘Grand Island Fund’.
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