Corporate Funding Fraud: Advance Fee Schemes
Corporate funding fraud targets businesses seeking capital. Firms promise access to institutional investors or bank financing, collect substantial advance fees, and deliver nothing. The Corinth Group of Switzerland is the subject of multiple complaints describing this exact pattern.
The Corporate Funding Fraud Model
Companies seeking growth capital are vulnerable to corporate funding fraud. The fraudulent firm typically presents impressive credentials — Swiss registration, references to regulated investment funds, professional documentation — and offers to arrange institutional financing for a fee. The fee is collected under a contract that promises refund provisions, but those provisions are never honoured.
Corinth Group: Promising Institutional Capital
The Corinth Group of Switzerland, operating through Corinth Investment Holdings AG (CHE-102.223.770) and related entities registered at Stadtgartenweg 6, 7000 Chur, presented itself as a "global private investment Group" capable of arranging institutional financing. Its website (cgoch.com) described its entities as "registered and licensed investment funds" [cgoch.com, archived]. In practice, the only entity that ever held a regulatory license — Corinth Fund Management Ltd in Cyprus — had that AIFM license revoked by CySEC in October 2022.
Zero Completed Transactions
Despite collecting fees from clients across multiple countries and years, 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 media coverage in 2021, but Corinth Investment Holdings AG does not appear in Morepen's December 2025 shareholding pattern [BSE India, Morepen Laboratories shareholding].
The Structure Behind the Fraud Allegations
Martin Walter Model, a Swiss economist based in Chur, is identified by multiple complainants and registry data as the directing mind behind the network. Model holds no registered corporate position. Instead, his wife Jurate Kairiene is sole signatory of all six Swiss AGs, his son Justinas Kairys directs five UK special purpose vehicles, and Alec Theunissen managed UK operations as director of 25+ companies [Companies House; Swiss Commercial Register].
Reporting Corporate Funding Fraud
If your business has been targeted by a corporate funding fraud scheme, file reports with: FINMA (Switzerland), the FCA (United Kingdom), Action Fraud (UK), Companies House (UK), and the relevant cantonal prosecution authority (Staatsanwaltschaft) in Switzerland. Preserve all contracts, payment records, and correspondence.
Key Facts
- Zero publicly verifiable completed investment transactions
- Morepen $100M deal: Corinth not in December 2025 shareholding pattern
- cgoch.com claimed 'registered and licensed investment funds' after CySEC revocation
- Directing mind holds no registered corporate position
- Fees collected from clients across Europe, South Africa, and the United States
Complaint Reports
People Involved
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