Offshore Alert can today disclose that Panama’s most-hyped financial services group, known as The Harris Organization, is being run as a massive Ponzi scheme in which clients are being defrauded out of millions of dollars.
The situation is so serious that The Harris Organization, which employs 150 people in Panama, is hopelessly insolvent, with net liabilities of at least $25 million, according to sources knowledgeable of the group’s financial affairs.
Articles Banks & Trusts British Virgin Islands Featured Fraud Investment Marc Harris Money Laundering Narcotics Trafficking Panama St. Kitts & Nevis Tax Turks & Caicos IslandsMarch 31, 1998
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Banks & Trusts British Virgin Islands Fraud Investment Money LaunderingKeywords
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