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Who Can Kiss Your A$$
Clearly the topic of my newsletter from earlier this week was a very hot topic. If you missed it, you can click here, “Paypal Can Kiss My A$$”. I received well over 100 email responses to this topic and not one of them was in defense of PayPal’s business practices. Roger said, “Our company processed tens of thousands of transactions with PayPal over several years with only 3 charge-backs and 2 of them were reversed. After all of these years they decided to close our account and froze access to our funds from dozens of clients … [Read More...]
Paypal Can Kiss My A$$
First of all I want to apologize to my regular readers. In over 3 years I have not missed one single Thursday newsletter...until last week. The past few months have gotten increasingly busy here at Global Wealth Protection. We have seen a lot of new clients as well as an increase in traffic on our monthly Ezine - EscapeWealth. In addition, I have also started hosting a weekly radio show every Monday from 3-4pm EST on the Overseas Radio Network called, "Global Escape Hatch". ORN is now completely free. I encourage each of you to … [Read More...]
Mike the Good Ole Country Boy vs. Lester the Scoundrel
Over the past couple of weeks I have gotten an enormous number of inquiries regarding offshore banking and how this is implemented with asset protection planning. For many of you reading this, you may already have an offshore bank account and possibly an offshore company in a place like Seychelles, Belize, Nevis, Cook Islands or Hong Kong. However, there are clearly a large number of you still sitting on the fence and unsure of why you would ever want an offshore bank account. There is also quite a few of you who aren’t even sure if … [Read More...]
Economic Doomsday? Or Opportunity of a Lifetime?
After two weeks, I am finally home from my eastern European road trip. It was a whirlwind trip with visits in Lithuania, Ukraine, Serbia, Bulgaria, Hungary and Poland. The trip was mostly pleasure, but there were a couple of meetings along the way. In future articles I will discuss some of the opportunities that arose from these meetings, but in the meantime, if you have interest in 2nd passport opportunities, anonymous merchant account services, or private offshore banking and money management services, please send me an email and we … [Read More...]
Wake Up and Smell the Gunpowder
On the evening of December 31st, 2011 the Obamessiah signed the 2012 NDAA (National Defense Authorization Act). For those of you following the political news, you will remember that the president vowed to veto this bill because of sub-sections 1021 and 1022. These 2 sub-sections deal with the detention of terrorism suspects. The NDAA grants the president the authority to detain anyone, “who was part of or substantially supported al-Qaeda, the Taliban, or associated forces that are engaged in hostilities against the United States or its … [Read More...]
Global Escape Hatch
I want to begin this newsletter by wishing all of my friends, family and readers around the world a happy holidays. There are a myriad of winter traditions celebrated around the world on a variety of days ranging from Saint Nicholas Day on December 6th, Hanukkah from December 20-28th, Catholic or Protestant Christmas on December 25th, Orthodox Christmas on January 6, 7, or 19th depending on country, or even the ancient traditions of Saturnalia or Mithras which have been celebrated around winter solstice for centuries. Regardless of your … [Read More...]
What is Asset Protection?
This week I felt it would be important to address the topic, “What is Asset Protection?” While you clearly have some idea what is involved in asset protection planning, I frequently get this question or some derivation thereof. The quick and simple answer is that asset protection is a means of protecting your assets from future potential creditors or claimants. From this perspective, a better definition may be that asset protection is a systemic approach to pre-litigation planning to deter lawsuits and encourage out-of-court … [Read More...]
Oh Good, the Government is Here to Help
Now is the Time to Develop your own Asset Protection Plan Before it's too Late This week I want to stress the importance of developing your own asset protection plan now as opposed to later when it can potentially be too late. In last week’s article, “Svetlana Takes Victor to the Cleaners”, we discussed Victor’s problems and how they could have been avoided if he had set the structure in place before his divorce. For the past couple of days, I have been working with 2 clients who also wished they had a properly structured asset … [Read More...]
Svetlana takes Victor to the Cleaners
Asset Protection Planning Could Have Saved Victor a lot of Trouble Yesterday I had a conversation with a friend of mine about offshore asset protection planning and the PT lifestyle. He didn’t understand why anyone would want or need a 2nd passport, a Seychelles company (IBC), or offshore bank account. Understandably, this is a common concern for many people, and you may not know the reason for establishing this type of financial and life planning. Clearly, the majority of you reading this understand the need or else you probably … [Read More...]
Pecan Pie, Gold, and Tryptophan Comas
Time for a Golden Turkey - Asset Protection Planning First of all, I want to wish a Happy Thanksgiving to all of my American readers. I hope you all have a very enjoyable holiday filled with friends, family and tryptophan induced comas. I will keep this newsletter short and sweet. Quite frankly there are probably only 3 of you reading it anyway while the rest of you are eating pecan pie and watching football on the couch. So there’s not much use in spending a lot of time wowing you with my mediocre writing ability. Thanks to … [Read More...]
What is your Escape Hatch?
Do You Have a Realistic Asset Protection Plan? Two weeks ago to the day I received a call from a friend of mine in the US. Dave runs a motorcycle performance shop in North Carolina and called me to chat about business. In the conversation he mentioned that he would be in Milan, Italy the next week and wondered if I was available. Four days later I was on a flight to Milan and going to the EICMA International Motorcycle Exhibition with Dave and a few of his local Italian friends. I won’t bore you with the details, but last week was … [Read More...]
A Free Man’s Perspective
Interview with Paul Rosenberg - Cryptohippie Bobby: Hi Paul, thanks for joining me today. I appreciate you taking the time to share with me and my readers. Let’s get started, shall we? Ok, I am very familiar with your company, Cryptohippie. I am a devoted customer of yours and find this product to be a necessity in today’s world where privacy has become long forgotten human right. I also want to thank you for offering my readers a free 7 day trial. Can you tell me a bit about the product and what makes it so … [Read More...]
Protect Your Assets Like the Uber-Rich
Asset Protection for the Real Estate Investor In my consulting business, I frequently work with real estate investors who are interested in creating a bulletproof asset protection plan to shield themselves from predatory litigation. From my viewpoint, real estate investors have one of the highest risk profiles of any business person. Clearly the world is more litigious today than it was just 10 years ago. I call this phenomenon ‘wealth through litigation’. It is a sad state of affairs when the average American now believes his … [Read More...]
I’m Mad as Hell…
…and I’m not going to take it anymore. This is the sentiment expressed around the US through the recent ‘Occupy Wall Street (OWS)’ movement that seems to be flaring tempers on both sides of the argument. Living in Eastern Europe, I am somewhat sheltered from this, but with Facebook and all of the news outlets it’s impossible to avoid the implications of what’s going on with this movement. The OWS movement reminds me of a scene from the movie ‘Network’ starring Peter Finch where he plays the role of network anchorman, … [Read More...]
Are You a Fascist Troll Lurking in the Shadows?
Asset Protection - Is the US a Fascist Police State? This week I want to share with you two separate news items that are both frightening and disgusting. The first one occurred just about two weeks ago and involves a court case where the CA appeals court approved cell phone searches during traffic stops. The details of the case can be found here. It all started with a traffic stop and a driver that had some photos of guns on his phone. The man was pulled over for speeding in Santa Cruz County and the officer suspected him of driving … [Read More...]
