Belvedere Management is a financial services group based in Mauritius that claims to have $16 billion of assets under administration.
In March 2015, Offshore Alert described the group as a Ponzi scheme and it is currently under investigation by regulators in South Africa, Mauritius and Guernsey.
[1] It operates from Mauritius, Guernsey, the Cayman Islands and South Africa and claims to have $16 billion of assets under administration.
[6] On 1 June 2015, the Cayman Islands Monetary Authority announced that Belvedere entity Brighton SPC had been placed in Controllership following a forensic examination of the fund by accountants.
[7] In March 2015 the publication Offshore Alert accused the group of being a Ponzi scheme that is currently under investigation by regulators in South Africa, Mauritius and Guernsey.