“One of the largest Ponzi schemes in history”: Landmark Cayman ruling dismisses multi-billion dollar AHAB fraud claims

The Cayman Islands’ Grand Court has dismissed billions of dollars’ worth of fraud claims brought by Saudi Arabian conglomerate Ahmad Hamad Al-Gosaibi & Brothers, along with a series of counter-claims made against the group, after “the longest running and highest value” fraud case in its history.

Get unlimited access to all Global Restructuring Review content