Jubilee Ace/ Jenco/ GTR Newsletter No. 147

Dear Clients,

In recent weeks, our on-call team has been continuously monitoring developments related to the Jubilee Group case. Prosecutors and police in Germany continue to summon victims of this fraud to provide their statements. Our clients who have been called have been carefully prepared to deliver quality testimonies.

Given the significant number of victims involved in this case, the public prosecutor will conduct a detailed assessment to determine how many victims will be interviewed. Once the prosecutor has collected enough information from these interviews, the case will advance to the next stage.

Following the interviews with the victims, the prosecutor may take various actions in the criminal proceedings, depending on the specific circumstances of the case and the applicable laws in the relevant jurisdiction. These actions may involve initiating further investigative measures to gather additional evidence, which could include interrogating suspects, conducting financial inquiries, securing physical evidence, and engaging in other pertinent activities.

Once the prosecutor has accumulated sufficient evidence, they will be able to proceed to file charges.

A crucial phase in the legal process, particularly in cases involving financial crimes, is the financial investigation. During this stage, an inquiry into financial transactions, accounts, and other financial activities related to the ongoing case is initiated. This type of investigation is commonly utilized in situations involving cybercrime, financial fraud, corruption, money laundering, tax evasion, and other criminal offenses with financial elements.

It is important to note that if you are contacted by the police and the prosecution to provide your testimony, please prepare evidence of your financial transactions with the Jubilee Group and associated individuals as soon as possible. Provide clear explanations, including how the false promises made by the accused members of the Jubilee Group and their promoters influenced your decision to invest in a non-existent arbitration.

We are following the progress of this case and remain committed to protecting the interests of all our clients.

Attorney Zoran Miljaković