18 Steps to make an easy €150,000,000,000

A large pot of money is needed to set up this method possibly use money form previously successful Time Share Scams.

1. Form lots of companies and have them limited in whatever country they are in.  Make the major shareholder another company in another country you have not used for other companies.
2. Find a product which will not be available to the customer for years. (Property Possibly)
3. Pump loads of money in for advertising so you look legitimate – even set up your own media company.
4. Employ staff on bonus only working for one of your companies but not your main one.
5. Get your customers and staff out of the UK so the Law there can’t be used by them.
6. Get a bent Law Firm to make it all look legitimate and act for your clients.
7. Find a bent Mortgage company to offer customers Finance (can use one of your own companies)
8. Find other bent companies to offer ancillary services (can use one of your own companies)

Now for the kill.
9. Take large deposits from customers followed by stage payments ensuring the don’t actually know which of your web of companies they are dealing with.
10. Take cut from Law Firm acting for you and not your clients
11. Take money for the promise of mortgages which never materialise
12. Employ Large English Law Firm to threaten customers who complain publicly and ignore those who use e-mail or telephone
13. Don’t pay employees their bonuses
14. Each year move customer’s monies to your central shareholding company
15. Very important – do not file company accounts for at least 3 years so no one knows where the money goes.
16. Pay your directors million € salaries so they keep your company going.
17. When the scam is found out blame the market crashes then put your companies into liquidation
18. All the monies transferred to your share holding company is transferred to a Swiss bank then have them move it about a bit.

The outcome is that client accounts are kept empty, Directors are paid well so don’t go to the authorities as they are part of it, your clients and employees are all liars as your English Law Firm can evidence from the many threatening letters they have had to send out and you walk away with at least €150,000000 which is legitimately yours because it was paid in dividends from other companies which you don’t control – well not legally.

Does this sound like a company you know?

The best bit is you never have to pay VAT, Corporation Tax or income Tax because by the time the authorities realise what is going on the companies have been liquidated, the Directors live abroad and you have moved the money to a tax haven complements to our Swiss and South American friends.

Taken from Recent Post on our MRISG Members Only Forum.

Comments

One Response to “18 Steps to make an easy €150,000,000,000”
  1. admin says:

    No Comment?

    We would have hoped someone may be able to improve on this business model by now.

    It may be that someone does not wish to expose their hand and are building improvements to the model to implement in the near future.