David Dawson Cosgrove (born April 1960) is an Irish businessman whose Belvedere Management group claimed to have $16 billion of assets under administration. In 2016 he was barred from serving as an officer of any company regulated by the Mauritius Financial Services Commission (FSC) for a period of 5 years and the funds he managed were liquidated.
Belvedere Management Cosgrove was the founder of the Belvedere Management group which claimed to have $16 billion of assets under administration.EXPOSED: Belvedere Management's massive criminal enterprise. David Marchant, OffshoreAlert, 17 March 2015. Retrieved 25 March 2015. The group reportedly ran125 hedge funds and has numerous subsidiaries active in fund administration, life insurance, stock broking, and investment management.CWMFX’s Parent Group Linked to Massive Offshore Ponzi Scheme, Researcher Says. Victor Golovtchenko, Forex Magnates, 24 March 2015. Retrieved 25 March 2015.
Other company appointments According to the listing document produced when Fulhold Pharma plc applied to have its shares admitted to the GXG Market in Denmark, as of 1 July 2014 Cosgrove was a director of over 70 companies located in Mauritius, Guernsey, Switzerland, Jersey, Seychelles, British Virgin Islands, Gibraltar, the Cayman Islands and the United Kingdom.FULHOLD PHARMA PLC PLACING AND ADMISSION TO TRADING ON THE GXG MAIN QUOTE. Curzon Corporate Finance Ltd, May 2015. Retrieved 9 June 2015. Archived here.
Residence Cosgrove worked from Mauritius where he managed the business of Belvedere, but also had a home in South Africa where he also lived and where much of the firm's business was done.Belvedere Ponzi: The other kingpin – David Cosgrove. Alec Hogg, BizNews.com, 25 March 2015. Retrieved 25 March 2015.
See also Cobus Kellermann Kenneth Maillard
References