NEW YORK, July 22 /PRNewswire/ -- - Victory for Aremis Soft Liquidating Trust Nicosia, Cyprus, Court issues interim Order to immediately freeze assets worldwide of Lycourgos Kyprianou, and persons and companies affiliated with him, as a result of his role in one of the largest international frauds resulting in losses of over US 0 million to investors who were former shareholders of Aremis Soft Corp.
The interim Order results from a lawsuit filed today by the Trustees of the Aremis Soft Liquidating Trust, Joseph P. Zeidman, on behalf of the over 6000 former investors of Aremis Soft Corp.
Pisano of the United States District Court for the District of New Jersey to investigate and pursue claims and recoveries for the former shareholders of Aremis Soft Corp.
Aremis Soft Corporation, which purported to be a multinational software company listed on the United States NASDAQ stock exchange, was the victim of a massive fraud perpetrated by Kyprianou, Aremis Soft's former Chairman and Chief Executive Officer, and others who conspired with him.
The Aremis Soft Liquidating Trust was established in 2002 by Order of the Honorable Joel A.
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