01/02/2008
Liechtenstein Bank Triggered an International Hunt
DAVID CRAWFORD from the Wall Street Journal reported recently that in the spring of 2003, auditors for a bank owned by Liechtenstein's royal family spotted an unusual flurry of money transfers involving a small offshore firm called Martha Overseas Corp
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16:01 Posted in Liechtenstein | Permalink | Comments (0)
12/30/2007
Revenue & Customs dawn swoop to smash money laundering and VAT fraud crime syndicate
Revenue & Customs officers investigating a suspected £20 million VAT missing trader and money laundering fraud swooped in early morning raids today making six arrests in Scotland. Codenamed Operation Vaulter, today's action is the result of a 24-month long investigation and follows the arrest of 17 persons in North West England last September.
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15:15 Posted in UK | Permalink | Comments (0)
Setanta saves millions in Luxembourg tax move
As Tom Lyons reported today in The Sunday Times, PAY-TELEVISION broadcaster Setanta Sports has slashed at least £17m from its tax bill by setting up a subsidiary in Luxembourg.
This will feed again the reputation of tax haven.
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14:45 Posted in Luxembourg | Permalink | Comments (0)