Recent developments surrounding David Kosoy, Executive Chairman and Founder of Sterling Global Financial, have drawn attention to ongoing disputes involving Sterling Bank and Trust Bahamas and affiliated entities, including Sterling Global Bahamas and Sterling Investments. Sources indicate that more than 20 complaints have been lodged with the Central Bank of the Bahamas regarding the bank’s conduct and oversight. Central to the issue is a dispute over the Sky Beach Eleuthera property transaction, in which U.S.-based stakeholders allege irregularities in the handling of millions of dollars in client funds. The Sky Beach Eleuthera Transaction Involving David Kosoy According to documentation reviewed by stakeholders, 8ght LLC, a Bahamas-registered corporation, entered into an agreement to purchase Sky Beach Eleuthera. The company reportedly made a $2,000,000 down payment through its account at Sterling Bank and Trust, which is directly affiliated with David Kosoy’s business network. Evidence presented includes bank statements and email communications that allegedly show David Kosoy instructing bank staff to transfer funds from 8ght LLC’s account to various business accounts, including a $1,000,000 transfer to an undisclosed account outside the Bahamas. Allegations and Legal Actions on David Kosoy & Sterling Global Stakeholders assert that proper sales documents for the Sky Beach property