Outlandish Enterprises Limited Open for Business
Online, March 18, 2013 (Newswire.com) - Before a small but enthusiastic crowd, Mike Danneskjold today announced that Outlandish Enterprises Limited is open for business and will now be accepting clients.
He opened his remarks with some nostalgia, "When I was a child, I remember a friend of mine betrayed my confidence and told some secrets to my classmates. I was upset and told my grandfather about it, and this I'll never forget. He told me that you could only expect secrets to be kept by your lawyer, your priest or clergyman, and your banker."
Danneskjold continued, " Nowadays, your banker not only doesn't keep your information secret, in many cases he sells your information, or he is compelled to give your information to government authorities - even if you are not suspected of a crime. It seems having an account represents 'probable cause' these days."
Mr. Danneskjold, the Marketing Director for Outlandish Enterprises, spoke at length on the current failings of banking worldwide, endless bailouts, and the erosion of a once sacrosanct ideal - banking privacy.
"It has become painfully obvious to anyone willing to look into the matter that banks have made an unholy alliance with governmental authorities, particularly in the United States. Banks give Uncle Sam any information they desire concerning their clients, and in turn, the banks get endless bailouts, access to congress, and liability protection."
An example of this liability protection can be found in the Patriot Act. The Patriot Act calls for very intrusive KYC(know your customer) policies and AML(anti-money laundering) procedures to be implemented by all financial institutions in the United States. However, should a bank neglect or err in this implementation and a terrorist incident or drug trafficking results, the bank cannot be held liable in any way. They are given a free-pass.
Outlandish Enterprises offers clients a unique solution. Beyond simply opening an offshore bank account which must be reported in tax filings or forming an offshore company which most likely must be reported as well, Outlandish offers clients the opportunity to form a multi-jurisdictional, multi-tiered business structure.
"The point in our structures is to create a method to preserve privacy with no filing requirements. This is not easily done, but we have simplified the process as much as humanly possible so that average people can take advantage of strategies formerly only accessible to the super wealthy and connected." Of course, multi-jurisdictional international business structures have been around for years and been utilized by most Fortune 500 companies and wealthy families to preserve and protect large stores of wealth. Just setting up these structures can run in the millions of dollars - the simplest of them starting around $25,000. Outlandish is offering its clients the same protection for under $1,000.
While Outlandish does not offer trust banking services directly, it does facilitate the opening of trust accounts with an affiliated company for each of its clients. Through the trust accounts clients will be able to hold a dozen or so different currencies, precious metals such as gold and silver, and even invest in stock markets around the globe.
Danneskjold explains the target market for Outlandish is smaller savers and investors inside the United States who have probably never ventured into the offshore world, but who now feel uncertain and uneasy having all their eggs in the U.S. basket.
"Isn't it time YOU had a little something offshore?" Danneskjold says with a smile.
For most, it probably is.