Tag: Ryan Schembri

Malta’s Calamatta Cuschieri Does Not Deny Handing €500,000 In Cash To Client With Criminal Record!

Court Cases Ben - July 12, 2022

In mid-June 2022, shocking court testimony in Malta by the convicted criminal Joseph Difesa revealed that MFSA-licensed Calamatta Cuschieri, which operates Calamatta Cuschieri Investment Services Limited, did hand him €500,000 in cash. Before this transaction, Joseph Difesa was found guilty of criminal acts, including organized piracy in the audiovisual industry. This should have made him a high-risk client for any licensed company, but Calamatta Cuschieri did not bother.

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

FinTelegram Ben - June 24, 2022

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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