Donald MacPherson

Nevis-licensed Guardian Trust Company Ltd. has provided records to the United States Internal Revenue Service for use in an investigation into alleged tax evasion by some of its clients who reside in Tennessee.

A well-publicized IRS investigation into the activities of U. S. citizen Jerome Schneider has done little to dampen his enthusiasm for aggressively promoting dubious offshore products.In October, OffshoreAlert was a recipient of a mass mailed, 24-page, color, glossy promotional brochure from Schneider titled "New Wealth Perspectives".

Mexico played host this month to two seminars organized by individuals and groups operating on the murkier side of the offshore world. Cancun was the venue over December 9-11 for the 'Offshore Wealth Summit', which was put on by Jerome Schneider, who is one of the most reviled figures in the offshore world.