OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.
RSS Feed Print
'American Greed' TV program on Marc Harris
Anonymous
Posted: Saturday, August 13, 2011

Posted: 1/13/2009 2:23:25 PM

By: Unwanted Publicity Intelligence

Must be ESP today. Was just looking over his e-mails. Kristen is no longer at Kurtis. Available for back-channel info.

Thanks for that news, David.

Cheers,

Unwanted Publicity Intelligence
E-MAIL: UnwantedPublicity@Gmail.com
WWW: http://upintelligence.multiply.com

/

/


Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 1/13/2009 1:14:58 PM

By: David Marchant

On February 4, CNBC will air a program about now-imprisoned, former Panama-based offshore provider Marc Harris (the first person to initiate a libel action against OffshoreAlert).

A brief description of the segment on Harris, for which I was one of several people interviewed, can be found at http://www.cnbc.com/id/28547803 and reads as follows:
___

Revolutionary Guru of Greed

Marc Harris claimed he was a 'true believer," a self-stated enemy of the IRS, and promised his investors that he would legally bury their income offshore by using money management techniques employed by the rich and famous. Instead, he used new money coming in to pay off anyone who wanted money back in a classic Ponzi scheme.
___

Nothing has been put yet on the American Greed web-site at http://www.cnbc.com/id/18057119/ but I would expect something to appear before the program airs.

David Marchant


 

Jump to different Forum... 

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory databases, offering documents, and other sources - and email you the results.

View Recent Digests

Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.