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EX-CAYMAN BANKER SNAGS 4th TAX CONVICTION
John Mathewson, ex-head of the defunct Guardian Bank & Trust in Grand Cayman, sold out his 1500 clients to the FBI in 1996. For the IRS this is a laundry list of possible tax evaders, the 4th just convicted.More on this story here.
LAWSUIT CHALLENGES BAHAMAS OFFSHORE LAWS
NASSAU. Sen. Fred Mitchell of The Bahamas reports that a lawsuit has been filed against the government attacking the constitutionality of several new laws that severely restrict offshore financial activity.More on this story here.
GET OUT OF VENEZUELA
CARACAS. Hugo Chávez, the far left semi-dictator now threatens to nationalize all banks that fail to follow his orders.More on this story here.
SOMOZA FAMILY LAYS NICARAGUA CLAIM
MANAGUA. 22 years after fleeing ahead of triumphant guerrilla forces, the then ruling Somoza family returns armed with writs and law suits to win back their confiscated property.More on this story here.
E.U. TAX PLANS POSTPONED A YEAR
BRUSSELS. EU ministers decide to delay a decision on withholding taxes on cross border savings income. Austria and Luxembourg wont go along.More on this story here and here.
POLAND MULLS ANTI-TAX HAVEN LEVY
WARSAW. As its economy falters, the government may impose a tax on transactions with alleged “tax haven” nations.More on this story here.
SOUTHERN AFRICAN TURMOIL
JOHANNESBURG. A major factor in the fall of the rand; continuing political and social unrest in neighboring ZIMBABWE.More on this story here.
Meanwhile, Zimbabwe’s virtual dictator, Robert MUGABE, afraid of losing, declares open and “physical war” on his election opponents.More on this story here.
ANTI-TERROR ASSET FREEZE HITS ROADBLOCKS
Alleged terrorists’ cash grabs are meeting resistance from banks and governments who want more than suspicion; they want proof.More on this story here.
U.S. CRACKDOWN ON “SHELL BANKS”
The US Treasury is about to impose tough new regulations on US financial institutions, cutting ties with foreign shell banks allegedly vulnerable to money laundering. All offshore banks with US accounts must make account records available to US criminal investigators.More on this story here.
U.S. FORCES OFFSHORE BANKS “CERTIFICATION”
Using “anti-terror” laws, the US government forces US banks to obtain “certifications” from 9,000 offshore correspondent banks and brokers.More on this story here.
PRIME BANK NOTE SUSPECT ARRESTED
A Canadian wanted in connection with a $50 million Internet prime bank note investment scheme is arrested trying to flee the US.More on this story here.
EUROPEAN EQUITY BOND MAGIC
Using financial alchemy to turn high risk equity into bonds.More on this story here.
FAKE EUROS MAY FLOOD E.U.
Police warn of massive euro counterfeiting on Jan 1st.More on this story here.
ROLE OF CURRENCY IN OFFSHORE REAL ESTATE DEALS
LONDON. Whether the price is right depends on the currency of choice used in offshore rentals and real estate purchases.More on this story here.
INTERNATIONAL BANKRUPTCY PROCEDURE?
Some say ARGENTINA’s collapse shows the need for sovereign bankruptcy procedures that allow a government to go bust.More on this story here.
U.S. WIRETAPPING LAW BACKFIRES
US officials admit a new law that makes wiretapping easier, has led to a system seriously vulnerable to compromise. A fascinating look inside government wiretapping and how it could impact you.More on this story here.
U.S. CUSTOMS MAIL OPENING HIT
A dangerous bill giving US Customs power to open offshore bound mail is denounced as hurting international trade.More on this story here.
UNITED NATIONS SAYS REGISTER EVERYONE
Every person in the world would be fingerprinted and registered under a universal identification scheme proposed at a UN meeting.More on this story here.
U.S. MILITARY STYLE I.D. PROPOSED
High-tech military IDs used for tracking personnel across the globe are now models for national identification cards for all US citizens.More on this story here.
An expose of how ID cards can be used to curb freedom and disrupt lives.More on this story here.
BRITISH POLICE STATE BECOMES LAW
Last minute concessions fail to curb huge new police powers.More on this story here.
And the new law will be challenged in court immediately.More on this story here.
BLAIR AGREES TO E.U.-WIDE ARREST WARRANT
Anyone can be seized in the UK and handed over to any EU country court for trial, even if they have violated no British laws.More on this story here.
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