US Fund Files Criminal Complaint Against Iron Ore Trading Firm in Switzerland
Mariner Atlantic Multi-Strategy LLC has initiated legal proceedings in Switzerland against Radiant World and affiliated companies on charges of fraud and money laundering.
An American investment fund has accused companies connected to well-known iron ore trader Radiant World of fraud and money laundering in a criminal complaint filed with Swiss authorities.
Details of the Criminal Complaint in Switzerland
The US fund Mariner Atlantic Multi-Strategy LLC, managed by Mariner Investment Group, has filed an official criminal complaint in Switzerland. This move extends the legal and financial crisis experienced by iron ore trader Radiant World to a new country.
Document Requests and Legal Initiatives
The fund management has filed a separate application to obtain official documents from the Federal Reserve Bank of New York and the Clearing House system for use in judicial proceedings in Switzerland.