Astor Capital Fund Scam

  Introduction The Salinas v. Astor Asset Management case ([2024] EWHC 2522) has sent shockwaves through the financial industry. This high-profile legal battle not only exposes an alleged scheme involving over $400 million in securities but also sheds light on the activities of Val Sklarov, a businessman with a controversial history in international finance. At the center of this case is Sklarov’s alleged misuse of stock-lending agreements and deceptive corporate practices, raising essential questions about transparency and trust in financial markets. Who is Val Sklarov? A Pattern of Financial Controversies Val Sklarov, also known by aliases such as “Gregory Mitchell” and “Mark Simon Bentley,” is an enigmatic figure linked to a series of financial controversies worldwide. In this case, Sklarov is accused of creating an elaborate scheme to defraud Ricardo Salinas and his company, Corporacion RBS, out of millions by disguising himself as a reputable financier. According to c...

  Introduction The Salinas v. Astor Asset Management case, [2024] EWHC 2522, has brought intense scrutiny to stock-lending practices, as well as the financial dealings of Val Sklarov, a businessman with a controversial record in global finance. Involving more than $400 million in collateralized shares, the case accuses Sklarov and associated entities of misusing stock-lending agreements, alleged false representation, and fraudulent financial practices. As the trial unfolds, this case has become a stark reminder of the importance of transparency, accountability, and rigorous due diligence in the financial industry. Who is Val Sklarov? A Background of Financial Controversy Val Sklarov, known by aliases such as “Gregory Mitchell” and “Mark Simon Bentley,” is a financial operator whose international dealings have frequently led to legal challenges. In the Salinas v. Astor case, he is accused of defrauding Ricardo Salinas, a prominent businessman, and his company, Corporacion ...