Jubilee Ace/ Jenco/ GTR Newsletter No. 129

by | May 31, 2024 | GTR, Jubile Ace & Jenco | 0 comments

Dear Clients,

In today’s newsletter, you will find another excerpt from the criminal complaint in the Jubilee Group case that we have written and submitted in different jurisdictions.


is reasonable suspicion that the perpetrators Mr. … (17 individuals) conspired to commit the continued criminal offense of money laundering.

The perpetrators have engaged in this criminal offense from 2018 to 2021, across various countries including the European Union countries, offshore zones, and other countries like Malta, the British Virgin Islands, Vanuatu, Hong Kong, Japan, and more. During this period, they have unlawfully obtained funds through their business operations in companies they established and managed, namely Jubilee Group and its affiliated companies Jubilee Ace, Jenco, Aqua Lab, Globalytics Tech Research (GTR), and RCM. There is a strong suspicion that the perpetrators are involved in money laundering, as the duration and nature of their criminal activities indicate the acquisition of substantial illicit proceeds.

The objective of concealing the illicit flow of money is carried out by designing the business models of Jubilee Group, Jubilee Ace, Jenco, Aqua Lab, and Globalytics Tech Research (GTR) in a manner that creates a platform enabling them to obscure the financial transactions from numerous victims who have invested in these companies, as well as from governmental financial authorities.

To be continued…

The actual names of the perpetrators and other sensitive information are redacted for this public announcement due to the fact that it might negatively impact required investigatory and judicial work.

Zoran Miljakovic
Attorney at Law