There are really only two ways to accomplish secure asset protection. By secure asset protection what is meant is that the bank or stockbroker used does not know who you are. One way of doing this is to use Trust Agreement Banking where an intermediary is the signatory on the bank account or stockbroker account. The other way is to obtain a second citizenship along with identity card, passport and driver license.
Second Passport Banking – The way this works is to obtain a second citizenship and passport from another country. The country used must not tax offshore-derived income. To use a country that taxes worldwide income is of course going to incur unnecessary expense, require filings of tax reports and defeat the purpose. The next consideration is to use a country that will allow one to do a name change that is not in the public records. It can be a sealed court proceeding held in judges chambers. You should be able to get at least two government issued photo identity documents one being a passport. The other document is usually a national identity card with a photo. This document is often referred to as a “Cedulla” in Latin America. Sometimes if one is a driver a driver license can be easily obtained as well.
More Details – One will usually have to travel to the country issuing the documents. This is to provide fingerprints, photos and signatures in the government offices. After documents are obtained then one should go to a bank in that country and open up an account with a nominal balance (say 0). This enables one to get a bank reference letter if needed. Then you get a reference letter from a lawyer in that country. Next rent a virtual office and have a cell phone billed to that address for a utility bill. This will get you all the requirements for opening a bank account in a solid jurisdiction like Switzerland, Singapore, Austria, Luxembourg, or Hong Kong. There are banks in Hong Kong and Switzerland that offer insurance on the entire account without any limitations backed by the government.
When you approach banks in these jurisdictions coming in as a citizen of a country that does not tax offshore derived income you will find account opening to be much easier. The bank knows that they are not going to have your country requesting records since your new country does not tax offshore-derived income. They are much more relaxed about giving you an account for this reason. It is like night and day if you are coming from a high tax country that taxes worldwide income.
Renunciation – It is most important to use a country that will not require the renunciation of any previously existing citizenship. Make sure there is no associated military conscription involved that could affect you.
Country Credibility – One needs to make sure the citizenship being obtained comes from a credible nation. No reliable bank will open a bank account for one with a passport from an African nation, except South Africa. Some people offer passports from non-existent countries like Hutt River or the World Passport for instance. These are real passports from not real countries. They are useless for travel or banking.
There are also passports being sold from countries that used to exist, but no longer exist such as Rhodesia or British Honduras. These are referred to as camouflage passports. Again, worthless documents good for nothing. When these passports from not real countries first hit the Internet market six or seven years ago they were working in terms of travel and opening bank accounts. Over time the banks and countries became educated about them and now they are completely worthless but they are still being sold on the Internet.
Asset Protection Value – Your financial enemies will not know your new identity. Remember a confidential name change is a vital ingredient of this package. They will not be able to locate any of your bank or brokerage accounts because they do not know what they are looking for. You do not need to have a corporation to cover your bank and brokerage accounts but we do recommend it anyway to protect your new identity. Anonymous bearer share corporations where the ownership records do not appear in any public registry or database are the best kind to use.
Real Estate Asset Protection and Second Passports – A great way to protect real estate is to have it in the name of your second passport. This can also work for boats, and airplanes. Again using a corporation as well is suggested. This makes punching through the asset protection structure near impossible.
Questions – If you are in need of a new citizenship and passport feel free to contact us for help in obtaining a second citizenship and passport. We usually have several options available.
BankerTrust@gmail.com
We offer valuable information which includes obtaining a Passport, offshore accounts and company formation
Thursday, May 26, 2011
Wednesday, May 25, 2011
Feds use social networks to nab crooks, snoop on Americans
The Feds are on Facebook. And MySpace, LinkedIn and Twitter, too.
U.S. law enforcement agents are following the rest of the Internet
world into popular social-networking services, going undercover with
false online profiles to communicate with suspects and gather private
information, according to an internal Justice Department document that
offers a tantalizing glimpse of issues related to privacy and
crime-fighting.
Think you know who's behind that "friend" request? Think again. Your
new "friend" just might be the FBI.
The document, obtained in a Freedom of Information Act lawsuit, makes
clear that U.S. agents are already logging on surreptitiously to
exchange messages with suspects, identify a target's friends or
relatives and browse private information such as postings, personal
photographs and video clips. Among other purposes: Investigators can
check suspects' alibis by comparing stories told to police with tweets
sent at the same time about their whereabouts. Online photos from a
suspicious spending spree, people posing with jewelry, guns or fancy
cars, can link suspects or their friends to robberies or burglaries.
The Electronic Frontier Foundation, a San Francisco-based civil
liberties group, obtained the Justice Department document when it sued
the agency and five others in federal court. The 33-page document
underscores the importance of social networking sites to U.S.
authorities. The foundation said it would publish the document on its
Web site on Tuesday.
With agents going undercover, state and local police coordinate their
online activities with the Secret Service, FBI and other federal
agencies in a strategy known as "deconfliction" to keep out of each
other's way.
"You could really mess up someone's investigation because you're
investigating the same person and maybe doing things that are
counterproductive to what another agency is doing," said Detective
Frank Dannahey of the Rocky Hill, Conn., Police Department, a veteran
of dozens of undercover cases.
A decade ago, agents kept watch over AOL and MSN chat rooms to nab
sexual predators. But those text-only chat services are old-school
compared with today's social media, which contain mountains of
personal data, photographs, videos and audio clips, a potential
treasure trove of evidence for cases of violent crime, financial fraud
and much more.
The Justice Department document, part of a presentation given in
August by top cybercrime officials, describes the value of Facebook,
Twitter, MySpace, LinkedIn and other services to government
investigators. It does not describe in detail the boundaries for
using them.
"It doesn't really discuss any mechanisms for accountability or
ensuring that government agents use those tools responsibly," said
Marcia Hoffman, a senior attorney with the civil liberties foundation.
The group sued in Washington to force the government to disclose its
policies for using social networking sites in investigations, data
collection and surveillance. Covert investigations on
social-networking services are legal and governed by internal rules,
according to Justice Department officials. But they would not say
what those rules are.
The Justice Department document raises a legal question about a
social-media bullying case in which U.S. prosecutors charged a
Missouri woman with computer fraud for creating a fake MySpace account
effectively the same activity that undercover agents are doing,
although for different purposes.
The woman, Lori Drew, helped create an account for a fictitious teen
boy on MySpace and sent flirtatious messages to a 13-year-old
neighborhood girl in his name. The girl hanged herself in October
2006, in a St. Louis suburb, after she received a message saying the
world would be better without her.
A jury in California, where MySpace has its servers, convicted Drew of
three misdemeanor counts of accessing computers without authorization
because she was accused of violating MySpace's rules against creating
fake accounts. But last year a judge overturned the verdicts, citing
the vagueness of the law.
"If agents violate terms of service, is that 'otherwise illegal
activity'?" the document asks. It doesn't provide an answer.
Facebook's rules, for example, specify that users "will not provide
any false personal information on Facebook, or create an account for
anyone other than yourself without permission." Twitter's rules
prohibit its users from sending deceptive or false information.
MySpace requires that information for accounts be "truthful and
accurate."
A former U.S. cybersecurity prosecutor, Marc Zwillinger, said
investigators should be able to go undercover in the online world the
same way they do in the real world, even if such conduct is barred by
a company's rules. But there have to be limits, he said.
In the face-to-face world, agents can't impersonate a suspect's
spouse, child, parent or best friend. But online, behind the guise of
a social-networking account, they can. "This new situation presents a
need for careful oversight so that law enforcement does not use social
networking to intrude on some of our most personal relationships,"
said Zwillinger, whose firm does legal work for Yahoo and MySpace.
Undercover operations aren't necessary if the suspect is reckless.
Federal authorities nabbed a man wanted on bank fraud charges after he
started posting Facebook updates about the fun he was having in
Mexico.
Maxi Sopo, a native of Cameroon living in the Seattle area, apparently
slipped across the border into Mexico in a rented car last year after
learning that federal agents were investigating the alleged scheme.
The agents initially could find no trace of him on social media sites,
and they were unable to pin down his exact location in Mexico. But
they kept checking and eventually found Sopo on Facebook.
While Sopo's online profile was private, his list of friends was not.
Assistant U.S. Attorney Michael Scoville began going through the list
and was able to learn where Sopo was living. Mexican authorities
arrested Sopo in September. He is awaiting extradition to the U.S.
The Justice document describes how Facebook, MySpace and Twitter have
interacted with federal investigators: Facebook is "often cooperative
with emergency requests," the government said. MySpace preserves
information about its users indefinitely and even stores data from
deleted accounts for one year. But Twitter's lawyers tell prosecutors
they need a warrant or subpoena before the company turns over customer
information, the document says.
"Will not preserve data without legal process," the document says
under the heading, "Getting Info From Twitter, the bad news."
Twitter did not respond to a request for comment for this story.
The chief security officer for MySpace, Hemanshu Nigam, said MySpace
doesn't want to be the company that stands in the way of an
investigation.
"That said, we also want to make sure that our users' privacy is
protected and any data that's disclosed is done under proper legal
process," Nigam said.
MySpace requires a search warrant for private messages less than six
months old, according to the company.
Facebook spokesman Andrew Noyes said the company has put together a
handbook to help law enforcement officials understand "the proper ways
to request information from Facebook to aid investigations."
The Justice document includes sections about its own lawyers. For
government attorneys taking cases to trial, social networks are a
"valuable source of info on defense witnesses," they said. "Knowledge
is power. Research all witnesses on social networking sites."
But the government warned prosecutors to advise their own witnesses
not to discuss cases on social media sites and to "think carefully
about what they post."
It also cautioned federal law enforcement officials to think prudently
before adding judges or defense counsel as "friends" on these
services.
Need an offshore account without a visit: www.Banker-Trust.com
U.S. law enforcement agents are following the rest of the Internet
world into popular social-networking services, going undercover with
false online profiles to communicate with suspects and gather private
information, according to an internal Justice Department document that
offers a tantalizing glimpse of issues related to privacy and
crime-fighting.
Think you know who's behind that "friend" request? Think again. Your
new "friend" just might be the FBI.
The document, obtained in a Freedom of Information Act lawsuit, makes
clear that U.S. agents are already logging on surreptitiously to
exchange messages with suspects, identify a target's friends or
relatives and browse private information such as postings, personal
photographs and video clips. Among other purposes: Investigators can
check suspects' alibis by comparing stories told to police with tweets
sent at the same time about their whereabouts. Online photos from a
suspicious spending spree, people posing with jewelry, guns or fancy
cars, can link suspects or their friends to robberies or burglaries.
The Electronic Frontier Foundation, a San Francisco-based civil
liberties group, obtained the Justice Department document when it sued
the agency and five others in federal court. The 33-page document
underscores the importance of social networking sites to U.S.
authorities. The foundation said it would publish the document on its
Web site on Tuesday.
With agents going undercover, state and local police coordinate their
online activities with the Secret Service, FBI and other federal
agencies in a strategy known as "deconfliction" to keep out of each
other's way.
"You could really mess up someone's investigation because you're
investigating the same person and maybe doing things that are
counterproductive to what another agency is doing," said Detective
Frank Dannahey of the Rocky Hill, Conn., Police Department, a veteran
of dozens of undercover cases.
A decade ago, agents kept watch over AOL and MSN chat rooms to nab
sexual predators. But those text-only chat services are old-school
compared with today's social media, which contain mountains of
personal data, photographs, videos and audio clips, a potential
treasure trove of evidence for cases of violent crime, financial fraud
and much more.
The Justice Department document, part of a presentation given in
August by top cybercrime officials, describes the value of Facebook,
Twitter, MySpace, LinkedIn and other services to government
investigators. It does not describe in detail the boundaries for
using them.
"It doesn't really discuss any mechanisms for accountability or
ensuring that government agents use those tools responsibly," said
Marcia Hoffman, a senior attorney with the civil liberties foundation.
The group sued in Washington to force the government to disclose its
policies for using social networking sites in investigations, data
collection and surveillance. Covert investigations on
social-networking services are legal and governed by internal rules,
according to Justice Department officials. But they would not say
what those rules are.
The Justice Department document raises a legal question about a
social-media bullying case in which U.S. prosecutors charged a
Missouri woman with computer fraud for creating a fake MySpace account
effectively the same activity that undercover agents are doing,
although for different purposes.
The woman, Lori Drew, helped create an account for a fictitious teen
boy on MySpace and sent flirtatious messages to a 13-year-old
neighborhood girl in his name. The girl hanged herself in October
2006, in a St. Louis suburb, after she received a message saying the
world would be better without her.
A jury in California, where MySpace has its servers, convicted Drew of
three misdemeanor counts of accessing computers without authorization
because she was accused of violating MySpace's rules against creating
fake accounts. But last year a judge overturned the verdicts, citing
the vagueness of the law.
"If agents violate terms of service, is that 'otherwise illegal
activity'?" the document asks. It doesn't provide an answer.
Facebook's rules, for example, specify that users "will not provide
any false personal information on Facebook, or create an account for
anyone other than yourself without permission." Twitter's rules
prohibit its users from sending deceptive or false information.
MySpace requires that information for accounts be "truthful and
accurate."
A former U.S. cybersecurity prosecutor, Marc Zwillinger, said
investigators should be able to go undercover in the online world the
same way they do in the real world, even if such conduct is barred by
a company's rules. But there have to be limits, he said.
In the face-to-face world, agents can't impersonate a suspect's
spouse, child, parent or best friend. But online, behind the guise of
a social-networking account, they can. "This new situation presents a
need for careful oversight so that law enforcement does not use social
networking to intrude on some of our most personal relationships,"
said Zwillinger, whose firm does legal work for Yahoo and MySpace.
Undercover operations aren't necessary if the suspect is reckless.
Federal authorities nabbed a man wanted on bank fraud charges after he
started posting Facebook updates about the fun he was having in
Mexico.
Maxi Sopo, a native of Cameroon living in the Seattle area, apparently
slipped across the border into Mexico in a rented car last year after
learning that federal agents were investigating the alleged scheme.
The agents initially could find no trace of him on social media sites,
and they were unable to pin down his exact location in Mexico. But
they kept checking and eventually found Sopo on Facebook.
While Sopo's online profile was private, his list of friends was not.
Assistant U.S. Attorney Michael Scoville began going through the list
and was able to learn where Sopo was living. Mexican authorities
arrested Sopo in September. He is awaiting extradition to the U.S.
The Justice document describes how Facebook, MySpace and Twitter have
interacted with federal investigators: Facebook is "often cooperative
with emergency requests," the government said. MySpace preserves
information about its users indefinitely and even stores data from
deleted accounts for one year. But Twitter's lawyers tell prosecutors
they need a warrant or subpoena before the company turns over customer
information, the document says.
"Will not preserve data without legal process," the document says
under the heading, "Getting Info From Twitter, the bad news."
Twitter did not respond to a request for comment for this story.
The chief security officer for MySpace, Hemanshu Nigam, said MySpace
doesn't want to be the company that stands in the way of an
investigation.
"That said, we also want to make sure that our users' privacy is
protected and any data that's disclosed is done under proper legal
process," Nigam said.
MySpace requires a search warrant for private messages less than six
months old, according to the company.
Facebook spokesman Andrew Noyes said the company has put together a
handbook to help law enforcement officials understand "the proper ways
to request information from Facebook to aid investigations."
The Justice document includes sections about its own lawyers. For
government attorneys taking cases to trial, social networks are a
"valuable source of info on defense witnesses," they said. "Knowledge
is power. Research all witnesses on social networking sites."
But the government warned prosecutors to advise their own witnesses
not to discuss cases on social media sites and to "think carefully
about what they post."
It also cautioned federal law enforcement officials to think prudently
before adding judges or defense counsel as "friends" on these
services.
Need an offshore account without a visit: www.Banker-Trust.com
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