 |
Offshore Scams |
|
Has it ever sounded too good to be true ? Wealth, Financial Security,
Avoid taxes! Yet everyday many people lose tons of money to offshore
scams. Even when the 'Get Rich Quick' offer is unbelievable, people
still plop down their money in hopes of 'hitting it big'. Don't be
suckered in. Get the facts on today's offshore scams and new twists on
yesterdays scams.
Iraqi Currency Investment
The Cantrade Bank
Scandal
The Nigerian Advance Fee Scheme
Offshore Reciprocal
"Gift" Program
The Offshore Tax Haven Scam
If You Get Conned, Help is Hard to Find
Bill Comer pointed out a nasty little trap
for those who get conned into "cutting corners" with the U.S. tax laws
in offshore schemes. This unpublished case involved a U.S. business
owner who let his greed get the best of him. He bought into a deal that
involved multiple foreign entities. He was assured he would have
effective control of the trustees and corporate managers even though he
had no legal control over them. It seems the promoters took his money
and wasted it. When he complained, they calmly informed him that he
might have been involved in a tax evasion or money laundering scheme
and could go to jail if the IRS found out about it. Bill tells me this
person has been working to get himself straight with the IRS. As soon
as that's done, he's going after the crooks. The trouble is, he will
have to pursue his case in a country that has laws that are not
favorable to plaintiffs.
Return to Offshore Home Page
Offshore
Press, Inc., Copyright, 2000, 2011, all rights reserved. Offshore
Press, Inc., Box 8137, Prairie Village, KS 66208. (913) 362-9667.