UK Dormant Company Fraud: Three Tuns Network

uk dormant company fraud

6+Fraud Reports

7Jurisdictions

12+Years Active

0Known Funded Deals

0 currentRegulatory Licences

This page examines the regulatory status of entities connected to UK Dormant Company Fraud. All regulatory information is sourced from the official registers of FINMA, FCA, and CySEC.

Current Regulatory Status

No entity in the Corinth Group / Three Tuns network currently holds regulatory authorisation from any financial regulator. This includes FINMA (Swiss Financial Market Supervisory Authority), the FCA (UK Financial Conduct Authority), and CySEC (Cyprus Securities and Exchange Commission) [FINMA, FCA, CySEC public registers].

CySEC License Revocation

Corinth Fund Management Ltd (HE 428770, Cyprus) held an Alternative Investment Fund Manager (AIFM) license (AIFM48/56/2013) from CySEC. This license was revoked in October 2022 [CySEC AIFM register]. The associated fund – Corinth Capital RAIF V.C.I.C. Ltd (HE 409232) – was dissolved in January 2023. A successor fund, Three Tuns Capital RAIF F.C.I.C. PLC, was subsequently registered but its regulatory status requires verification.

Implications for Investors

Entities that collect advance fees for investment transactions without holding the relevant regulatory authorisation may be operating outside the law. In Switzerland, FINMA authorisation is required for fund management activities. In the UK, the FCA regulates investment services. Complainants describe paying advance fees of EUR 30,000 to EUR 500,000 to entities in this network, none of which currently hold regulatory authorisation.

How to Verify

Investors can verify regulatory status through: FINMA's authorised institutions list (finma.ch), the FCA Financial Services Register (register.fca.org.uk), and the CySEC regulated entities list (cysec.gov.cy). All checks can be performed online at no cost.

Key Facts

No current regulatory authorisation in any jurisdiction
CySEC AIFM license revoked October 2022
Corinth Capital RAIF dissolved January 2023
Not registered with FINMA (Switzerland)
Not registered with FCA (United Kingdom)
Complainants describe advance fees of EUR 30,000 to EUR 500,000
6+ independent fraud reports filed between 2014 and 2026

Complaint Reports

People Involved

Related Entities

Related Investigations

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