Modern Bank Secrecy and Financial Privacy
Think bank secrecy is out of the question today? Concerned about banking privacy and wonder how to arrange your property for financial privacy? Banking secrecy can be accomplished-even today, and in fact, protecting privacy and keeping assets safe from government seizures may be more easily accomplished today than ever. Why? Today, offshore havens that previously promised bank secrecy to customers have been replaced with the more convenient, onshore financial resources that protect privacy of customers who have money and asset protection as a secondary business objective or individual privacy goal. The caveat is that in order to succeed and implement a financial privacy protection plan, you have to understand what you’re doing, who you’re up against, and the resources that are best suited to accomplish your money and property protection and privacy goals.
A Government Asset Seizure Case Study
NORFED Corporation operated for nearly ten years as a claimed “barter system” company prior to having their bank account totaling over a quarter of a million dollars, and all other precious metals assets, and other business assets, confiscated by F.B.I. agents in Novemeber, 2007. The seizure warrant case number 1:07-mj-00119-DLH was signed by United States Magistrate Judge, Dennis L. Howell, Asheville, North Carolina on Novemeber 9, 2007.
Why was the NORFED Corporation singled out as a target for government seizure? Was their claimed system of barter, a precious metals-backed system of exchange using Liberty Dollars with various values assigned competition for the government’s non-asset backed U.S. Dollars, or worrisome for government and their private corporation partner, the Federal Reserve System? In any case, public awareness had made the Liberty Dollars become popular units of exchange for goods and services and the fact that precious metals, primarily silver, backed the “barter system,” makes one wonder if this private company, NORFED had created a system of exchange that the population really wanted-units of value, (silver, gold, copper assets) backing the system of barter.
Regardless of what the public and participants involved believed, the claimed barter system, NORFED is no longer in operation. The asset and bank account seizure broke the business operations.
Are You Worried About a Bank Account Garnishment or a Property Seizure by Your Government?
Are you as a business manager or individual concerned that your company or individual actions will make your bank accounts and business property vulnerable to a government seizure? How is the best way to accomplish banking privacy and asset protection with government seemingly out of control as they seize businesses and individuals’ money and property?
Bank Secrecy in the U.S.A.
Certain privacy oriented business managers and individuals keep their cash under their contol through the use of check cashing stores. They cash their businesss or personal checks, and carry the cash away for safe keeping in an anonymous safe deposit box offered by a private compnay or use a money safe under their control for holding the currency.
Check cashing stores sell prepaid debit cards sponsored by banks. These prepaid cards with the MasterCard or Visa logo function as an online bank account, and banking privacy has been accomplished by privacy seekers who want bank secrecy through the use of these prepaid debit cards. Look for details of these banking privacy resources in my upcoming book, tentatively titled, Bank Secrecy. The book will be available on our website and at bookstores everywhere.
Financial Privacy and Investments
Liquid investments have been held by a Nevada Limited Partnership. Details on how to register the entity privately are explained in Privacy Crisis.
Certain investors and business managers use an Offshore Asset Protection Trust to own the limited partnership.
Real property holdings and liquid assets can be made seizure-free through a financial privacy and asset protection plan.
Readers are advised to consult a competent attorney prior to planning their business and personal asset protection plan.