Corinth Group Fraud: What Multiple Complainants Allege

Multiple independent complainants across Europe, South Africa, and the United States describe a consistent pattern of alleged fraud involving the Corinth Group of Switzerland. This page documents what complainants allege, alongside verifiable facts from public corporate and regulatory records.

The Alleged Pattern

Across at least six independent fraud reports filed between 2014 and 2026, complainants describe a remarkably consistent sequence. According to these accounts: clients are approached through brokers or direct contact and offered access to institutional investment financing. Clients then sign contracts with Corinth entities and pay substantial advance fees — typically EUR 50,000 to EUR 80,000 or more — under contracts that include a “refund clause” (Article 26 of the standard Corinth contract suite) promising return of fees if the transaction is not completed. According to complainants, following payment, the promised financing never materialises. Instead, complainants report receiving a series of explanations for delays, followed by eventual silence. No complainant has publicly reported receiving a refund of advance fees paid.

Scale of Alleged Losses

The total alleged losses across all known complainants span multiple countries. A report on Diebewertung.de describes an Austrian investor alleging losses of approximately EUR 1.5 million. Ripoff Report #1344693 (Johannesburg, 2016) references a group of South African investors. Ripoff Report #1134964 (Frankfurt, 2014) was updated in June 2024 by a commenter identified as “J. Stark” who stated “my company and I are a victim” of the same entities. Additional complaints from Germany reference investors connected through W+ST Corporate Finance of Bad Homburg.

Sequential Entity Creation

Third-party complainants and registry records describe a pattern spanning multiple sequential corporate identities. Reports reference entities operating under the names Arcis Consortium, Curatio Capital, Corinth Group, and most recently Three Tuns. Swiss commercial register records confirm that entities were renamed in sequence: for example, CCG Curatio Capital Group AG became C - Capital Group AG in April 2025 [Zefix, CHE-108.684.891]. In the United Kingdom, companies originally named “Corinth” were renamed to “Three Tuns” between 2022 and 2023 [Companies House, UK].

Zero Evidence of Completed Deals

Despite claiming to be a “global private investment Group,” no publicly verifiable evidence has been found of any Corinth Group entity successfully completing a funded investment transaction. The most prominent claimed deal — a $100 million investment in India’s Morepen Laboratories — generated significant media coverage in 2021, but Corinth Investment Holdings AG does not appear in the company’s December 2025 shareholding pattern [BSE India, Morepen Laboratories shareholding, Dec 2025]. The reasons for this discrepancy require investigation. A second announced deal involving Singapore-listed Addvalue Technologies has produced no evidence of completion; the announcing entity, Pytheas (Cyprus) Limited, is now dissolved.

Regulatory Failures

No Corinth Group entity currently holds regulatory authorisation from any financial regulator. The sole regulated entity in the network — Corinth Fund Management Ltd in Cyprus — had its AIFM license revoked by CySEC in October 2022. The associated investment fund (Corinth Capital RAIF) was dissolved three months later. Despite this, the Corinth Group’s website (cgoch.com) continued to describe its entities as “registered and licensed investment funds” after the license revocation, a representation contradicted by the regulatory record.

Key Facts

• Complainants across 5+ countries describe the same advance-fee pattern
• Austrian investor alleges EUR 1.5M in losses (Diebewertung.de)
• Zero publicly verifiable completed investment transactions
• Morepen $100M deal: Corinth not in December 2025 shareholding pattern
• Sequential rebranding: Arcis Consortium → Curatio Capital → Corinth Group → Three Tuns
• cgoch.com described entities as 'registered and licensed' after CySEC revocation

Complaint Reports

People Involved

Related Entities

Related Investigations