Cautionary tales and real cases
« Previous EntriesWarning about New Zealand Financial Institutions
Wednesday, July 1st, 2009Although we are generally very positive about New Zealand as an offshore financial centre (I particularly like New Zealand trusts for Asset Protection planning) we are becoming slightly concerned about the way it is being used by some parties. We’ve recently warned on the Q Wealth blog and elsewhere about Hatfield Oak International. And there [...]
St Kitts Offshore Authority Feeling the Pinch
Tuesday, May 26th, 2009It’s been an open secret for the last 6-12 months that many beneficial owners of offshore corporations have not been paying their annual taxes and fees. This is not a good idea as it puts the whole structure at risk and the IBC ceases to be in good standing.
However I was quite surprised to receive [...]
“It’s Possible to Train People to be Crazy”
Friday, April 10th, 2009Guest post for petermacfarlane.net by Terry Coxon, Editor, The Casey Report
We don’t yet know how many trillions will be swallowed up by the government’s rapidly breeding herd of stimulus-bailout-help!help! measures. But additional bold steps are sure to come, some already in R&D and others to be invented on the fly to [...]
Regulators Probe US-owned Stanford Offshore Bank in Antigua
Saturday, February 14th, 2009I 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 [...]
The Revolutionary Guru of Offshore Banking: Four Important Lessons from the Marc Harris Case
Monday, February 9th, 2009Last 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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