Tag: Alexander Cuschieri

CCFunds recorded heavy losses in 2022M
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April 27, 2023

Malta’s CC Funds Register Significant Losses In 2022

Clients of CCFunds Sicav plc, part of the Calamatta Cuschieri Group in (CC Finance Group plc) in Malta, have lost significant money during 2022. However, the owners of CC Funds have enjoyed hefty income, despite the losses suffered by their clients. Clients who invested in High Income Bond Fund lost from 10% to 22% in 2022. The Growth Strategy Fund recorded a loss of almost 17%. The financial statements also reveal that clients have started pulling out their investments from CCFunds.
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Maltese CCFunds mostly negativeM
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September 9, 2022

Maltese CC Funds Continue Its Downhill Race!

Malta’s CC Funds, owned by Calamatta Cuschieri Investments Management, are still registering major losses. Only a handful out of 23 funds has registered a positive return since inception. CC Funds form part of CC Finance Group plc and operate from Malta. The Emerging Market Bond Fund Eur Dist and the Emerging Market Bond Fund Eur Dist lost more than a third of their value since inception. The Growth Strategy fund, which was only registered in November 2021, has almost a quarter of its value.
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Maltese CCFunds mostly negativeM
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August 3, 2022

Maltese CC Funds Recording Substantial Losses!

Malta’s CC Funds, owned by Calamatta Cuschieri Investments Management, has registered major losses over the past months and years. Only 7 out of 23 funds have registered a positive return since inception. CC Funds form part of CC Finance Group plc and operate from Malta. A FinTelegram analysis clearly shows that most CC Funds are making substantial losses. The company’s directors are Nicholas Calamatta, Alan Cuschieri, Alexander Cuschieri, and Carmel John Farrugia.
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Calametta Cuschieri Investment Services court caseM
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June 24, 2022

Malta’s Calamatta Cuschieri Provided Client With €500,000 In Cash According To Court Testimony

A shocking court testimony in Malta by Joseph Difesa revealed that Malta-licensed Calamatta Cuschieri (https://cc.com.mt)which operates Calamatta Cuschieri Investment Services Limited was handed €500,000 in cash by his investment advisor. The court case revolves around an alleged fraudster, Ryan Schembri, who after receiving millions from various Maltese investors, fled to Dubai. Years later, he was arrested in Scotland and extradited back to Malta whereby he is facing multiple charges including money laundering.
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