The Parties involved -
Who helped Stefan Gustafsson defraud
Columna and Alliance Omnibus funds

The Fraud Facilitators - without whose help Columna & Alliance Omnibus monies would never have been lost!

Sometimes financial entities expose a fund to fraud possibilities without being the direct beneficiary. Their actions create the opportunity for fraud, and then of course actively engage in cover up when the fraud is committed.

#1 - CSSF, the Luxembourg financial regulator

• Married Apex (the fund administrator) to Luxembourg Fund Partners, thus created the conflict of interest in NAV calculations.
• Approved a fund where neither the directors, the investment mamager nor the investment advsiors had any asset class investing experience whatsoever!
• Granted a newbie fund with zero experience 3 years carte-blanche re. non-diversification. In 3 years and 1 day almost 90% of Columna was lost with Walter Bizzarri's group of companies.
• Refused to force a regulated entity, SocGen, to provide historic bank statements, thus abetting the covering up of fraud and money laundering.
• Refused to force a regulated entity, Alter Domus Management, to provide historic fund documents, thus abetting the covering up of fraud and misdealings.
• Refused to provide the investigating director with the previous directors' replies to CSSSF enquiries into lack of diversification, use of +HK companies etc..
• Ignored shareholder complaints and requests for help, citing that as "Well-informed Investors" under the SIF Law, basically "tough luck!!" - notwithstanding the widescale fraud that had occurred under their watchful eye..

#2 - Luxembourg Fund Partners, the fund manager

• Effectively an Organised Financial Crime Group, operating at least 4 Ponzi schemes in LFP I, plus similar losses in LFP Prme, and Alliance Omnibus Property
• Primarily owned by LFP directors Luc Leleux and Julien Renaux, then 18% shareholder Apex from April 2013.
• Shared 2 directors, and same office floor with Apex at 11 Boulevard de la Foire in Luxembourg, zero independence of administrator and investment manager.
• Ceded lack of transparency to 100% subsdiary Global Hill Corporation in Hong Kong, with no director representation or bank account signing power.
• Allowed 3 YAS Investment Advisors, the 3 directors of Global Hill, with zero commodities investment experience, to completely access and manage Columna monies.
• Sold to Alter Domus Group at end of 2017
• Refused to hand over historic fund documents to investigating new director David Mapley in December 2018, sued in Luxembourg courts, case still not resolved as at November 2023!!

#3 - LFP I Directors, Luc Leleux, Julien Renaux, Mark Stephens

• Architects of the entire LFP Organised Financial Crime Group, with LFP I, LFP Prime, and Alliance Omnibus Property group of funds.
• Also controlling directors of investment manager Luxembourg Fund Partners.
• Mark Stephens launched Blackstar Commodities fund in 2012, copied by Gustafsson et al to launch Columna - with zero commodities experience!!

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