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Former Julius Baer Banker Tyron Birkmeir Accused of Misappropriating £1M in Hexagon Cup Investment Scandal

## Allegations of Misappropriation in Hexagon Cup Investment

NBy Noah RedmondJan 21, 20261 min read

Allegations of Misappropriation in Hexagon Cup Investment

On Tue, Jan 20, 2026, Tyron Birkmeir, formerly associated with Julius Baer, a Swiss private banking institution, faces accusations concerning the mismanagement of investment funds. These allegations are linked to the Hexagon Cup, a padel tournament scheduled to commence in Madrid on January 28, 2026.

Two investors, Paul Coelho and Wellington Investments Ltd, claim that Birkmeir misappropriated £1 million intended for equity participation in the Hexagon Cup through his entity, Lurra Capital. The funds were reportedly submitted in November 2023 under the assumption of an equity stake in the tournament.

In 2025, the investors discovered that their names were absent from the Hexagon Cup's corporate registry, with Birkmeir being the sole listed investor. Birkmeir's representatives stated that the investment was structured as a "profit participation loan," not an equity investment. Consequently, Birkmeir has offered to return only the original investment amount without additional profit or stake.

These allegations are linked to the Hexagon Cup, a padel tournament scheduled to commence in Madrid on January 28, 2026.
Noah Redmond · Thehackingpost

Birkmeir's previous role at Julius Baer involved wealth management services for high-net-worth clients. Post his tenure there, he founded Lurra Capital, focusing on investments in sports and entertainment ventures. As of this report, Birkmeir and Lurra Capital have not provided further comments on the allegations.

The Hexagon Cup is a high-profile padel tournament with participation from celebrities such as Lionel Messi, Sergio Agüero, Eva Longoria, and Andy Murray. The event is set to take place from January 28 to February 1, 2026, at Caja Mágica in Madrid, Spain.

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Based on reporting by TechBullion.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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