RSM Cayman Islands and Ken Krys create Ponzi Scheme

RSM Cayman Islands and Ken Krys have utilized their role as liquidators in the SEGOES Liquidation to create a Ponzi Scheme to defraud the creditors of any possibility of receiving any funds.

When Mr. Krys took over the liquidation of SEGOES, if the creditors were immedietely paid, they would have received approximately 70 cents on the dollar. Now that Mr. Krys has spent all the funds within the SEGOES coffers, creditors will receive nothing!

If one wanted to create a case study on how not to handle a liquidation proceeding, just analyze what Krys has done with the SEGOES liquidaiton.

He has lied in affidavits and to the press to create a scheme whereby the only person receiving any funds is himself and his lawyers. The Cayman Courts have seemingly turned a blind eye towards Krys's activities despite many objections raised by various Cayman Lawyers and are unwilling to stop the corrupt Krys from his pillaging.

Krys was the Head of Compliance for CIMA (Cayman Islands Monetary Authority) prior to his establishing RSM Cayman Islands a franchise of RSM Robson Rhodes LLP. Many blame Krys for a lack of oversight in his role at CIMA. Ironically, now Krys sits in charge of a Liquidation Proceeding for SEGOES while he failed as its regulator. The Courts in Cayman don't have much concern regarding Conflict of Interests.

Ken Krys found guilty of Libel and Slander

Unfortunately as the title reads this has not occurred yet. In any Court System dedicated to the Truth this would have already occurred. However, in the Cayman Islands, truth and justice have their own standards. Liquidators such as Krys lie at will and when they make statements with no supporting documentation, these statement are considered and given more credence than opposing statements with documentation.

I must have received an incorrect version of the Bible. Because my Bible never came with the Gospel according to Ken Krys. The Cayman Islands allow people like Krys to manipulate their systems and to hide their own wrongdoings.

In fact even when evidence is shown to the Courts that Krys is lying it is ignored and overlooked.

Mr. Krys was the Chief of Compliance for the Cayman Islands Monetary Authority (CIMA) and directly responsible for regulating SEGOES, the same Company he now acts as an Official Liquidator for.

In most jurisdictions that have a consideration for the law, that would be a conflict of interest. Especially when Mr. Krys is attempting to cover up his negligence as a regulator.

Mr. Krys was in communication with the SEGOES principals on a regular basis during his tenure at CIMA. How is that CIMA and Ken Krys are not being sued by the creditors?