Jay Adkisson is an attorney who has written extensively about various offshore investment scams and schemes being promoted on the Internet. His web site is a compilation of the many articles he has written on the subject and is an excellent place to begin with respect to investigating any potential offshore investment. If an investment looks like a Ponzi scheme or a multi-level marketing scheme or like one of the many illegal tax avoidance schemes, the potential investor should be prepared to extend much greater time and funds to investigate and evaluate the sponsor, promoter or vendor of the investment. Subscribers would seek me out to help them investigate and evaluate specific tax shelter offerings they had received. My focus in that work was on whether the alleged tax benefits were legitimate within the law and whether the tax benefits were suitable for the specific investor.
Many offshore investments have complicated tax implications.
Even though the investor may not want to buy the investment for tax reasons, the tax consequences should be investigated in advance to avoid unpleasant surprises. Although most of my time is consumed with the publication of my three email newsletters, I am prepared to assist U.S. investors who are seeking guidance with respect to the legitimacy and the suitability of the tax attributes of various offshore investments. However, as much as I'd like to help those who can't afford my fees, my advice is that if you can't afford my help, you probably can't afford the the risk of losing your money. You should therefore stick to the safe and low return investments. Adrian Day's Global Investment Services Getting reliable information about non-U.S. companies is both difficult and expensive.