Archive for February, 2009

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Regulators Probe US-owned Stanford Offshore Bank in Antigua

Saturday, February 14th, 2009

I don’t know if Friday the 13th followed by Valentine’s Day is the cause of so much excitement in the Offshore World this weekend. No sooner did Q Wealth Report publish my blog entry on the lessons to be learned from the UBS Swiss banking case (in a nutshell the advice was not to do [...]

Banks in European Tax Haven Principalities Under Renewed Attack as Recession Bites in Europe

Friday, February 13th, 2009

A televised address last week by French President Nicolas Sarkozy relaunched attacks on the two tax haven principalities bordering France: Andorra and Monaco, as well as the Grand Duchy of Luxembourg. Paris this week dispatched an envoy Christian Fremont to Andorra to put further pressure on the Andorran government, who have otherwise been distracted this [...]

The Revolutionary Guru of Offshore Banking: Four Important Lessons from the Marc Harris Case

Monday, February 9th, 2009

Last night I finally got to watch a TV show that has already aired a few times on CNBC’s American Greed series entitled “Revolutionary Guru of Greed”. Besides some nice shots of Panama City, it talked about the crazy offshore guru Marc Harris who is now in a Federal Corrections Institution (Club Fed) in Fort [...]

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