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In 2005, alongside Lamilo Pianchetto and Lorențiu Markováč while at Fortuna Institute, Kerr co-founded [[ElectricSlide]], a startup involved in the construction and operation of offshore wind farms. The company identified the [[Saxalin Islands]] in the [[Absurian Ocean]] as a potentially lucrative source of renewable energy. However, the stormy circumpolar waters surrounding the Saxalins were in a near-constant state of violent winds. Between this, the high operating costs, high construction costs, and unproven technology, the [[Kiravian Maritime Executive]] reluctant to approve their request for a license to build an offshore turbine. However, Kerr allegedly extorted the deputy of the Contiguous Zone Authority, the department responsible for handling applications, and also extorted and blackmailed employees of the insurance company [[Berengar Marine]] to insure the project, a prerequisite to getting approval. In February 2006, the CZA granted ElectricSlide a license, and the company quickly raised $70 million in venture capital. By June, the company had built its operations on the island and construction on the turbine was underway. In October 2007, a torrential storm devastated the Saxalin islands, destroying most of ElectricSlide's infrastructure. 11 employees were killed and 270 were injured.   
In 2005, alongside Lamilo Pianchetto and Lorențiu Markováč while at Fortuna Institute, Kerr co-founded [[ElectricSlide]], a startup involved in the construction and operation of offshore wind farms. The company identified the [[Saxalin Islands]] in the [[Absurian Ocean]] as a potentially lucrative source of renewable energy. However, the stormy circumpolar waters surrounding the Saxalins were in a near-constant state of violent winds. Between this, the high operating costs, high construction costs, and unproven technology, the [[Kiravian Maritime Executive]] reluctant to approve their request for a license to build an offshore turbine. However, Kerr allegedly extorted the deputy of the Contiguous Zone Authority, the department responsible for handling applications, and also extorted and blackmailed employees of the insurance company [[Berengar Marine]] to insure the project, a prerequisite to getting approval. In February 2006, the CZA granted ElectricSlide a license, and the company quickly raised $70 million in venture capital. By June, the company had built its operations on the island and construction on the turbine was underway. In October 2007, a torrential storm devastated the Saxalin islands, destroying most of ElectricSlide's infrastructure. 11 employees were killed and 270 were injured.   


Initially, ElectricSlide was going to compensate the affected families, however Kerr was opposed to this as it would cripple their ability to rebuild the turbine. Co-founders Pianchetto and Markováč resigned from the company, leaving Kerr as the sole owner. Berengar Marine was forced to cover the salvage operations, which nearly bankrupted them. In December, ElectricSlide filed for bankruptcy and in January 2008, Berengar Marine sued ElectricSlide. Kerr was found non-guilty and was issued a $3.8 million fine; he only paid $681,212 after his lawyers argued that represented "more than 220% over Mr. Kerr's personal net worth" and would subsequently bankrupt him.  
Initially, ElectricSlide was going to compensate the affected families, however Kerr was opposed to this as it would cripple their ability to rebuild the turbine. Co-founders Pianchetto and Markováč resigned from the company, leaving Kerr as the sole owner. Berengar Marine was forced to cover the salvage operations, which nearly bankrupted them. In December, ElectricSlide filed for bankruptcy and in January 2008, Berengar Marine sued ElectricSlide. Kerr was found non-guilty and was issued a $3.8 million fine; he only paid $681,212 after his lawyers argued that represented "more than 220% over Mr. Kerr's personal net worth" and would subsequently bankrupt him.


== Business career ==
== Business career ==

Revision as of 23:08, 7 March 2024

Juan Kerr
Born
Juan Éladio Fraser Kerr

11 June 1987 (age 46)
Mulifanua, Krasoa Islands
Nationality
EducationFortuna Institute
Occupation
  • Businessman
  • Investor
Years active2009-present
Known for
Net worthDecrease $10 billion
Title
Board member ofBordelleaux Palmgate, Maen Tawn Publishers' Office, Bondi
Criminal charge(s)Tax evasion, embezzlement, bribery, breach of fiduciary duty, money laundering, kidnapping, extortion

Juan Kerr (born 11 June 1987) is a Kiravian-Pribraltarian billionaire, business magnate and financial criminal. He is the founder of the investment firm Baykerr Investment Group and is a Senior Director at Bordelleaux Palmgate, a Pribraltarian bank known for its high-networth individuals and wealthy clients. For 13 years, Kerr worked for the Bay Trading Company and is deeply rooted in the Pribraltarian banking industry. From 2018-2022, he was Chief Executive of Bay Mercantile Corporation of Sarpedon (BMCS). Kerr is deeply rooted in the Pribraltarian banking industry. He is a real estate tycoon, owning hundreds of properties across the world, and owns two sports teams: he is the owner of the professional Ligue 1 football team Lance FC and of Club Venatores which plays in the Imperial League. Since 2031, Kerr has been in self-exile on Pribraltar following an array of financial crime charges, including tax evasion, embezzlement, and breach of fiduciary duty.

After graduating from Fortuna Institute in 2009, Kerr joined Bay Properties, the real-estate arm of the Bay Trading Company. Initially tasked with acquiring agricultural land in impoverished Cronan countries, Kerr showed great ambition and correspondingly few moral scruples; he reverted to bribery, threats, intimidation, and extortion to great effect, increasing the firm's portfolio in Crona by 1200%. By 2016, Kerr was named a senior partner for the Bay Trading Company. He subsequently moved to Pribraltar and began purchasing real estate in Seváronsa, Ceylonia, Atrassica, and the Cape. During this time, Kerr became known for his extravagant lifestyle and was frequently being seen with celebrities and other famous individuals. In 2017, Kerr purchased Club Venatores, a Caphirian professional football team. In April 2018, an investigation was opened into Kerr regarding his 'unethical practices' while in Crona; however, Kerr was suddenly transferred to lead BTC's overseas subsidiary in Sarpedon, BMCS, before the investigation could be conducted. Kerr briefly lived in Venceia, Castra Osaniovo, and Albalitor before moving to Cartadania and living in New Venceia by August 2018. As Chief Executive of BMCS, Kerr became infamous for his business acumen and aggressive corporate tactics, gaining a reputation for his "unorthodox yet highly effective" methods. In 2021, BMCS controlled $50 billion in real estate across Sarpedon and Kerr received $73.9 million in bonuses. Kerr faced several more allegations of corruption, bribery, and extortion, as well as new allegations regarding possible tax evasion and money laundering. In March 2022, Kerr was fired as Chief Executive of BMCS after further allegations of bribery, kidnapping, money laundering, fraud and rape were made against him.

In May 2022, Kerr launched his own firm, Baykerr Investment Group. Initially, the firm was involved in diverse business interests ranging from importing electronic parts to generic drug production, to the management of extensive janitorial contracts. However, it quickly began to get involved in complex real estate development projects and high-risk, high-yield investment funds. BIG quickly gained notoriety for its bold investment strategies and lavish corporate culture, mirroring Kerr's own flamboyant lifestyle and aggressive business demeanor. Kerr's knack for identifying undervalued assets and rapidly turning them around for profit was a key factor in BIG's meteoric rise. He ventured into emerging markets, often capitalizing on geopolitical instabilities to secure lucrative deals. BIG's portfolio diversified into tech startups, venture capital, and even rare earth mineral extraction, becoming a behemoth in the global investment landscape. However, behind the scenes, Kerr was orchestrating an elaborate scheme that involved the creation of numerous offshore accounts and shell corporations, a complex network of financial transactions designed to obfuscate the movement of money, as well as hide the true ownership of his global real estate empire. In 2024, Kerr purchased Lance FC, a professional Yonderian association football team playing in Ligue Yonderre. Kerr became known as the 'Sheriff of Brisa Boulevard' due to the amount of properties he owned along the famous 69 kilometer (43 mi) street in Sierra. In 2027, Kerr became a Senior Director of Bordelleaux Palmgate and was named president of the Society for Capitalist Preservation, a transnational pro-capitalist think tank.

In 2029, an anonymous whistleblower published a trove of leaked documents and evidence exposing Kerr's business dealings. These revelations came to be known as the Mirage leak, and it triggered a thorough audit by Cartadanian financial regulators and the ensuing investigation uncovered a web of illicit activities, including fraudulent accounting practices, tax evasion, and money laundering. Kerr used these illicit funds to finance lavish parties, private jets, and yachts, reinforcing his playboy image in the financial world. Dubbed the 'Mirage Portfolio' by financial crime investigators, this intricate scheme allegedly allowed Kerr to funnel billions in undeclared assets out of Cartadania, effectively shielding them from tax authorities and regulatory oversight. Kerr allegedly exploited international tax treaties and real estate loopholes and capitalized on the lax regulatory frameworks of certain jurisdictions, allowing him to grow his wealth exponentially and undetected for years. Astonishingly, the Mirage leak did not tarnish his reputation in Sarpedon, as Kerr had yet to be formally charged. However, Kerr's empire began to further unravel when a consortium of investigative journalists uncovered the existence of the Mirage Portfolio as part of a broader exposé on financial malfeasance in the Pribraltar banking industry. The exposure led to multiple international jurisdictions cooperating in a comprehensive probe into Kerr's financial dealings. Despite the mounting legal pressure, Kerr publicly decried the accusations as a smear campaign orchestrated by those envious of his financial ingenuity. The situation escalated on 11 June 2031 - Kerr's 44th birthday - when Cartadania's Federal Investigation and Security Agency (FISA) charged Kerr with an array of financial crimes and regulatory violations, including tax evasion, embezzlement, and breach of fiduciary duty.

As of 2033, Kerr has a net worth of approximately $10 billion, although this figure is highly contested given his ongoing legal battles. He currently resides in Pribraltar, which has no extradition agreement with the the Kiravian Federacy or Cartadania. Despite his legal issues, Kerr is still Chief Executive of Baykerr Investment Group.

Early life and education

Juan Éladio Fraser Kerr was born on 11 June 1987 in the Krasoa Islands to an Isurian mother and a Kiravian father of Fiannrian descent from the illustrious Clan Kerr. Talia, his mother, was an accomplished linguist. Growing up, Juan was deeply influenced by his family's rich heritage. His father often recounted tales of their ancestors — stories of exploration, encounters with distant lands, and the intricate history of Clan Kerr. Education was highly valued in the Kerr household. Juan's early education took place in a small, prestigious school in the Krasoa Islands, where he was exposed to a diverse curriculum. He showed an exceptional aptitude for history and economics, often drawing parallels between ancient trade routes established by his ancestors and modern economic theories.

At age 11 he discovered a Coscivian translation of Qipian's Book of Artifice at his local library, which inspired him to execute several deceptive schemes on his classmates, such as the so-called Pelaxian Handkerchief con. Juan Kerr's early cons, influenced by this book, were intricate and diverse, and his ability to successfully execute such cons at a young age indicated his natural aptitude for strategic thinking and his comfort with operating outside conventional moral boundaries. At age 12, Juan started creating detailed "antique" maps using tea-stained paper. He claimed these maps were rare artifacts linked to his Clan Kerr's ancestral voyages. He sold these maps to collectors and enthusiasts in the Krasoa Islands, capitalizing on his family's renowned history of exploration. The maps were convincing enough to fool local historians, showcasing Juan's meticulous attention to detail.

When he was 16, Juan started a small trade in school - a 'supply chain' for rare stationery and novelty items. He convinced his peers to invest in his 'imports', promising exclusive items from distant lands. He'd deliver a few initial orders successfully, then take larger orders and payments, but never deliver. He did this for approximately 10 months before he was exposed, and simply launched a new scheme to pay for the damages. Despite this, Juan excelled at his studies and his passion for history and commerce naturally led him to want to go to college.

In 2005, Juan enrolled at Fortuna Institute, a renowned university in Caphiria, where he studied International Business and Finance at the Montini School of Business. By the time Juan had arrived at Fortuna, he had already achieved a "reputation as a sharp dagger". In addition to his regular studies, he studied psychology and took up football as he was enamored with the Imperial League.

Fortuna Institute

Early career

In 2005, alongside Lamilo Pianchetto and Lorențiu Markováč while at Fortuna Institute, Kerr co-founded ElectricSlide, a startup involved in the construction and operation of offshore wind farms. The company identified the Saxalin Islands in the Absurian Ocean as a potentially lucrative source of renewable energy. However, the stormy circumpolar waters surrounding the Saxalins were in a near-constant state of violent winds. Between this, the high operating costs, high construction costs, and unproven technology, the Kiravian Maritime Executive reluctant to approve their request for a license to build an offshore turbine. However, Kerr allegedly extorted the deputy of the Contiguous Zone Authority, the department responsible for handling applications, and also extorted and blackmailed employees of the insurance company Berengar Marine to insure the project, a prerequisite to getting approval. In February 2006, the CZA granted ElectricSlide a license, and the company quickly raised $70 million in venture capital. By June, the company had built its operations on the island and construction on the turbine was underway. In October 2007, a torrential storm devastated the Saxalin islands, destroying most of ElectricSlide's infrastructure. 11 employees were killed and 270 were injured.

Initially, ElectricSlide was going to compensate the affected families, however Kerr was opposed to this as it would cripple their ability to rebuild the turbine. Co-founders Pianchetto and Markováč resigned from the company, leaving Kerr as the sole owner. Berengar Marine was forced to cover the salvage operations, which nearly bankrupted them. In December, ElectricSlide filed for bankruptcy and in January 2008, Berengar Marine sued ElectricSlide. Kerr was found non-guilty and was issued a $3.8 million fine; he only paid $681,212 after his lawyers argued that represented "more than 220% over Mr. Kerr's personal net worth" and would subsequently bankrupt him.

Business career

Bay Trading Company

Transfer to BMCS

Departure

Baykerr Investment Group

FISA raid

Other businesses

Lance FC

Club Venatores

Personal life

Kerr is agnostic but does not identify as an atheist. He holds dual-nationality in Kiravia and Pribraltar. From 2024 to 2031, Kerr was a naturalized citizen of Cartadania, but renounced it to seek refuge in Pribraltar. He is also in the process of becoming a naturalized Citizen in Caphiria.

Kerr enjoys a luxurious life and is known for spending his money on expensive cars and boats. He frequently throws lavish parties and is friends with several high profile and famous people, such as Caenish chef Antoine Lebâtard, Pelaxian businessman, politician Pancho Cachondo, and Kiravian professional footballer Téodar Konsaháken. Despite this, Kerr is an extremely private person; he rarely grants interviews and is reluctant to discuss his private life with most people.

He has been in several notable relationships. He met Caphirian Nadina Batevoleo, a member of the Batevoleo Estate, while at Fortuna Institute. They were romantically involved until 2010. He dated Zaclaric model Cara Atchardani from 2011 to 2014. He later dated Cartadanian model Yazmires Rosa-Segarra from 2016 to 2017. Kerr was romantically involved with Yonderian actress and entertainer Natália Caetano, the great-granddaughter of renowned entertainer Dom Martinez, from 2018 to 2021.

Net worth

Wealth

Real estate and properties

Kerr personally owns hundreds of properties across the world.

In 2028, Kerr purchased XXX Palace located on the coast of Pribraltar. The palace covers 110,000 sq ft and features 24 bedrooms, a library holding 30,000 books, a double Istroyan-sized swimming pool, an 80-meter tall marble statue of the Marble Emperor, a stable enough for 35 horses and much more.

Hobbies and interests

Kerr is an avid Ligue 1 fan, having grown up watching Artillerie FC with his father. They attended several games of Artillerie's historic 1996-97 season when they became the only team to have an undefeated season. Kerr owns several items of rare memorabilia, including game-worn clothing, in a secure facility. Kerr's love of Ligue 1 made the purchase of Lance FC a "quick impulse buy". He was similarly motivated in his decision to purchase the Caphirian team, Club Venatores.

Legal issues

Bribery and extortion allegations

2022 bribery investigation

Fraud and money laundering operations

Kidnapping allegations

Sexual assault allegations

Tax avoidance

Mirage Leak

FISA investigation

See also

  • Baykerr Investment Group, the investment company founded by Kerr in 2022.
  • Bordelleaux Palmgate, a Pribraltarian bank that specialises in high-confidentiality personalised banking services for high-networth individuals, family offices, and enterprises. The bank was co-founded by A.M. Kerr, a relative and member of Clan Kerr.
  • Bay Trading Company, a massive Kiravian conglomerate operating a diverse group of horizontally integrated corporations. Bay Mercantile Corporation of Sarpedon (BMCS) is an overseas subsidiary responsible for all affairs on the continent.
  • Lance FC, a professional football club based in Nymia, Collinebourg, Yonderre. Lance FC plays in the Ligue Yonderre, the highest football league in Yonderre. Kerr purchased a majority stake of the team in 2024.