Anatomy of a fraud on Kroll and Candon by the partners of Buchler Phillips?

 Candon Syndicate NV - a Curacao Company and member of The New York Insurance Exchange.

A wholly owned subsidiary of The Oil & Gas Insurance Company, Ohio USA (OGICO) - itself a wholly owned subsidiary of Petrosurance Incorporated, Ohio USA.

22nd September 1980: Candon incorporated.

1990: Candon and two other member syndicates of the NYIE were succesfully rehabilitated by the "Petrosurance" Group of Companies". (see 2004 report of Peter Bickford, General Counsel NYIE https://www.pbnylaw.com/articles/newyorkinsuranceexchangearticle11-04.pdf). 

2nd May 1990: Candon placed in liquidation.at a meeting of its sole member. The other two rehabilitated NYIE syndicates were US domiciled corporations and were merged into OGICO. (Ohio Court order 27 October 1992)

26th March 1999:  Buchler Phillips, PriceWaterhouseCoopers and the Registrar of Companies for Bermuda unlawfully conspire to compel the Liquidator of Candon to give notice of his resignation to Buchler Phillips by false verbal representations that the sole shareholder of Candon had authorised the appointment of David Julian Buchler FCA of Buchler Phillips to act as Liquidator of Candon when they all knew that was wholly false.

1st April 1999: SEC forms 10Q for 30 June 1999 and10K for the year ended 31 December 1999 report that Kroll acquired the business, assets and liabilities of Buchler Phillips on 3rd June 1999 but "as of 1st April 1999" for a total consideration of US$20,000,000.

15th April 1999: Commercial register in Curacao officially registers change of Candon liquidator to David Julian Buchler

20th May 1999: Kroll forms new English Unlimited Liability company (Retrodata No. 03777089) to acquire the business, assets and liabilities of the Unlimited Liability of the partners trading as Buchler Phillips. (Shareholders of Retrodata: 1 share Kroll Associates Ltd, 1 share Kroll O'Gara UK Ltd)

26th May 1999: Kroll increases authorised Unlimited share capital of Retrodata 

2nd June 1999: Kroll increases authorised share capital of Retrodata and Retrodata issues new Unlimited Liability shares to the following Buchler Phillips "persons": Neil Cooper, James Gleave, Fraser Gray, Archibald Gray, John Kelly, Gary Squires and David Whitehouse who then approve the acquisition of the Buchler Phillips assets and liabilities. 

2nd June 1999: Retrodata approves change of name to Buchler Phillips. Approved by Companies House on, and effective only from, 8th June 1999

3rd June 1999: Retrodata issues new Unlimited Liability shares to (inter alia) David Buchler, Peter Phillips, Simon Freakley, Lee Manning, Edward Wacey, Gurpal Johal.

7th June 1999: Written resolution of all the members of Retrodata to change from Unlimited Company to a Limited Company. Approved by Companies House on, and effective from, 8th June 1999.

Henceforth all monies collected by Buchler Phillips are paid into Kroll UK holding company bank accounts.

1st February 2000: Buchler Phillips changes its name to Kroll Buchler Phillips.

Kroll Buchler Phillips fails to collect monies due from"The Marsh Companies" for breaches of orders of the State Court of New York and (ii) fails to assert its reinsurance claims against OGICO - policy limit US$2,900,000. 

14 February 2002: Following notification that the State of Ohio has determined that OGICO has surplus funds, David Buchler writes stating that he is Chairman and Regional Manager Europe and Africa of Kroll Buchler Phillips unlawfully seeking to claim the monies for himself. He is rebuffed.

11 December 2002: "Kroll" assigns claims against Marsh to original liquidator.

30 September 2003: David Buchler resigns from all Kroll companies

19 May 2004: Marsh buys Kroll

29 September 2006: David Buchler claims against OGICO for not less than US$9.3m. Claim rejected for complete lack of ability to provide any supporting documentation whatosever.