John Todd Bonner — Investigation Profile
John Todd Bonner served as CEO of Next Bank International, Inc. at the time of its regulatory liquidation by OCIF Puerto Rico. He simultaneously chairs NextPlay Technologies (NASDAQ: NXTP) and HotPlay Thailand, operates Longroot Inc., and is linked to 28 offshore entities in the British Virgin Islands. Multiple legal proceedings are active across Puerto Rico, the United States, Canada, and Thailand.
John Todd Bonner
CEO — Next Bank International, Inc.
Professional History
- CEO — Next Bank International, Inc. (Puerto Rico IFE, liquidated 2025)
- Chairman — NextPlay Technologies, Inc. (NASDAQ: NXTP, 20.5% equity with spouse)
- CEO — Longroot, Inc. (subsidiary of NextPlay; crypto/token platforms)
- Chairman — HotPlay (Thailand) Co., Ltd. (founded 2020; IP theft lawsuit)
- Board of Directors — Axion Games Ltd (2006–present; IP theft & breach of duty claims)
- Vice Chairman & CEO — Axion Ventures, Inc. (founded 2016; contempt of court in Canada)
- CEO — Pacific Century Cyberworks, Inc. (2000–2003)
- Co-Chairman — Monaker Group, Inc. (2021)
- Analyst / Research Associate — Alex. Brown and Sons (1991–1994)
Financial Indicators
Offshore Entities — British Virgin Islands
A total of 28 entities registered in the British Virgin Islands are linked to John Todd Bonner. This offshore network is relevant to potential cross-border asset recovery proceedings.
Active (15)
- Network Applications Limited
- Pacific Century CyberWorks Japan Limited
- Bluebell Atlantic Limited
- First Choice Capital Inc.
- Rosewood Island Limited
- PCCW Mediacom Limited
- Cyber Interactions Limited
- Cyber Gains Technology Limited
- Unison Global Limited
- Crowning Vigors Limited
- Fair Media Limited
- Star Creator Inc.
- Unison Global Limited (Shareholder)
- Crowning Vigors Limited (Shareholder)
- Fair Media Limited (Shareholder)
Inactive (13)
- Master Marine Services Limited
- PCCW Japan Limited
- Pacific Century Leasing Limited
- Sky Trend Group Limited
- Vista International Holdings Inc.
- Petunia Development Limited
- Richrider Holdings Limited
- Pacific Century Property Management Limited
- Artking Holdings Limited
- Golden Leaf Group Limited
- Pacific Century Asset Management Services Ltd
- City Art Development Limited
- Richgate Group Limited
Legal Proceedings
NextBank Liquidation — Case C-24-EFI-01
OCIF initiated regulatory action against NextBank in 2024 due to non-compliance with IFE charter requirements. Wigberto Lugo Mender was appointed as Receiver/Trustee. The Liquidation and Dissolution Order was issued on January 7, 2025. Bonner served as CEO throughout the period of compliance failure.
Civil Lawsuits — Breach of Contract (2024)
Multiple civil lawsuits filed in 2024 for breach of contract and guarantee involving NextBank International and NextPlay Technologies. Proceedings ongoing in US federal and state courts.
Axion Ventures — Contempt of Court
Canadian courts found Bonner in contempt for failure to post a court-ordered $3.4M bond in proceedings related to Axion Ventures, Inc. Shares were canceled by court order. Proceedings remain ongoing.
Thailand — Longroot Regulatory Warnings
Longroot Inc., a NextPlay subsidiary operating in Thailand, received compliance warnings from the Thai Securities and Exchange Commission (Thai SEC) for failure to file required IT reports for its crypto and digital token operations.
NextBank Connection & Insolvency
Under Bonner's leadership as CEO, Next Bank International accumulated $16,863,439 in customer obligations while maintaining only $309,899 in available cash — a shortfall of over $16.5M.
The IFE charter issued under Puerto Rico Act 273-2012 was revoked by OCIF following the 2024 regulatory action. The Office of the Commissioner of Financial Institutions determined the bank was non-compliant with operating requirements.
Wigberto Lugo Mender, Esq., CPA was appointed as Receiver/Trustee (OCIF Case No. C-24-EFI-01). The Liquidation and Dissolution Order was ratified on January 16, 2025.
Multiple senior staff members resigned from NextBank prior to the formal regulatory action, a pattern consistent with awareness of the institution's financial difficulties.
Do You Have Additional Information?
If you have any additional information about John Todd Bonner, Nithinan Boonyawattanapisut, or their connected entities — including NextPlay Technologies, HotPlay Thailand, Longroot Inc., Axion Ventures, or any of the 28 BVI entities — we encourage you to share it confidentially. All submissions are stored securely and reviewed by our legal coordination team.
You can attach supporting documents, screenshots, correspondence, or any other evidence with your submission.
Submit Information Confidentially