Archive | October, 2005

Hijacker of ‘Sex.com’ Is Arrested

By Richard Marosi and Joseph Menn – SAN DIEGO — Four years after dodging a $65-million court judgment by fleeing the country, former online-porn mogul Stephen Michael Cohen was arrested by Mexican authorities in Tijuana and handed over Thursday to U.S. agents. Cohen, a multiple felon and longtime con man, had been on the run […]

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Anti-money laundering rules under scrutiny

The independent Financial Action Task Force (FATF) has welcomed Switzerland’s efforts to combat money laundering. In its latest review the FATF acknowledged Switzerland’s cooperation, but criticised legal loopholes and the slow implementation of international recommendations. (more…)

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“Turning the Tide”

Blogger Bio: Noam Chomsky Linguistics Professor at MIT, critic of US foreign policy, anti-capitalist, and long time advocate of liberation and justice, Noam Chosmky lives in Lexington Massachusetts. Author of dozens of books and hundreds of essays, the content of this blog is drawn largely from his ZNet Sustainer Forum where he answers queries from […]

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Tax Havens, Secrecy, Financial Manipulation and the Offshore Economy

Tax Havens, Secrecy, Financial Manipulation and the Offshore Economy

By Anonymous – An Interview with William Brittain-Catlin William Brittain-Catlin is the author of Offshore : The Dark Side of the Global Economy, an examination of the pervasive phenomenon of financial offshoring. He is a producer for the BBC, a former investigator with Kroll, Inc., a major corporate risk consulting company, and a consultant for […]

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What About the British?

By Jonathan Curshen – It is estimated that in recent years 600,000 or more U.K. citizens have been driven into exile because of high taxes. Once domiciled abroad, in Italy, Portugal, Singapore, or Bermuda, many Brits used to return home like migratory birds to spend six months annually “vacationing” in England. Stay one day more […]

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Offshore HYIP Taxation

QUESTION: I am looking to invest as an individual and have see different HYIP and other private off-shore programs. As a US Citizen can I legally invest in these programs and just file gains when I withdraw gains from an IntGold or eGOLD account? REPLY: The tax treatment of any investment (whether U.S. or foreign) […]

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Global Balancing Act

In 1944, officials from the Allied nations gathered in the sleepy New Hampshire resort town of Bretton Woods to plan to rebuild the global economy after the end of World War II. Their meeting would give birth to the World Bank, the International Monetary Fund, and an agreement that each nation would maintain its exchange […]

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Offshore on-line gaming

The growth in offshore Internet gambling, surpasses any other industry sector, and is one of the hottest topics today. Experts say the business is in it’s infancy and predict it to generate revenues exceeding $100B within 10 years. Bear Stearns Securities came out with a report suggesting that the industry would reach $125 Billion by […]

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Haven sent

Offshore:The ranks of individuals at the English Bar with the experience to handle large, cross-border cases involving offshore jurisdictions is growing. And a handful of chambers are actively marketing their offshore expertise. Charlie Wright looks at the offshore firms’ favourite barristers. Offshore jurisdictions are frequently characterised with clumsy stereotypes of secretive tax havens awash with […]

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