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Mauritius
Port Louis becomes back office for ex-Wall Street gurus touting miracle Forex returns

Russian financier Alex Gerchik.
Russian financier Alex Gerchik. © Alex Gerchik/Facebook
The Russian financier Alex Gerchik, ex-trader and briefly a reality TV star, has set up a subsidiary in Mauritius for his online trading platform. Companies of this type have mushroomed in the island's offshore hub as well in the Seychelles. [...]
Published on 28.01.2021 at 05:00 GMT Reading time 2 minutes
Finance, Business

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Further reading

Lebanon, Mauritius
Mauritius's offshore financial sector helps plug gap left by collapse of its Lebanese counterpart

Lebanese businessman Atef Hazime set up a company in Mauritius in early November as a way of getting round the paralysis currently afflicting banks in his own country. He is being backed by Portuguese financier João de Gouveia, the economic advisor of the Qatar royal family, and leading African financial services company Loita, where one of the founders is also close to the Al Thanis.

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