Dallen Wendt

    SHOWING:

    1 to 3 of 3 results
      

    Sort By:

    Search

    Filter By:

    Topics

    Jurisdictions

    Allegations

    US couple alleges fraud against offshore asset protection group

    A Kentucky-based husband-and-wife claim they were swindled after depositing US$1.9 million in an offshore tax planning and asset protection plan involving insurance, trust, and investment-management companies in Anguilla, the Bahamas, and Nevis. Dallen Wendt, 53, and his wife, Peggy Wendt, 50, were told the offshore products in which they invested during 2002 and 2003 carried "no-risk" and returned 8% and 8.5% annually, according to a complaint they filed at the U. S. District Court for the Northern District of Illinois on June 24, 2008.