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.
US couple alleges fraud against offshore asset protection group
14 years ago
KeywordsBenjamin Lecompte III Brenda Moore Dallen Wendt Duane Crithfield Fidelity Insurance Group
First Fidelity Trust Foster & Dunhill Gregory Bertsch Handler Thayer & Duggan James Duggan John Larson Joshua Crithfield Keithley Lake Linda Larson Pamela Jacobs Soulé Peggy Wendt Rakesh Chopra Stephen Donaldson Steven Thayer Thomas Handler Tracy Sunderlage Westminster Hope & Turnberry[ 17 more... ] [ top 5 ]