Investing Offshore : Secrets Of Asset Protection

Rating:
Summary: Didn't work then - Doesn't work now
Review: This book is sort of the stereotypical "How to hide your money offshore" sort of book, which totally ignores the realities of how people, banks and trust companies must respond to subpoenas, and how they must report offshore activity to the IRS or else face perjury charges for filing false returns. Indeed, some of the strategies advocated by this book have since proven not to work, such as those involving offshore credit cards (the IRS simply issued subpoenas to the major credit card companies for their records and now the people who held such credit cards are facing criminal investigations and possibly significant jail time).

In other words, it is unintentionally a guide as to what not to do. Pass on this one.