I am glad to see you avoided the American Pure Trust Scam. I am not sure it
would be such a problem for a non-US resident, but for a US Resident it is
an absolute disaster.
Normally, when the IRS discovers certain irregularities, they simply want
their money (with interest and penalties). But in regards to the American
Pure Trust, they arrest you, prosecute you, put you in jail upon conviction
(a very easy thing as the Pure Trust is so poorly constructed), and then
they start looking to collect.
Wise move.
On Thu, 18 Jan 2001 00:26:49 +1100, Ian Green wrote:
> [Response is below quoted message]
> > -----Original Message-----
> > From: [EMAIL PROTECTED]
> > [mailto:[EMAIL PROTECTED]]On Behalf Of Glencannon
> > Group Ltd.
> > Sent: Wednesday, 17 January 2001 2:58 PM
> > To: e-gold Discussion
> > Subject: [e-gold-list] Re: Off shore bank accounts
> >
> <SNIP>
> > I am sure most people on this list were fond admirers of the American
Pure
> > Trust. This is an extreme example of pig-headed thinking taken
> > to its worst
> > extreme. Yet thousands of people have been duped out of their money,
and
> > mislead into committing serious felonies. And the worst part about the
> > American Pure Trust is that it is not even an effective criminal
> > activity.
> > All it does is make the Judge and Jury think you are a stupid criminal.
> >
> <SNIP>
>
> Your sarcasm in your earlier response, that they are so generous, and you
> are so looking forward to giving them all of your money was also exactly
how
> I felt. They were not fooling anyone here! :)
>
> I received spam a year or so ago about an Xcompany Pure Trust
"opportunity",
> and I hope that sensible people would do the same, I searched for
everything
> I could find on the Internet about Pure Trusts, and determined that they
> were not only criminal, but highly unethical.
>
> Even *if* I could possibly make a fortune onselling the supposed
> opportunity, such activity would be detrimental to my 'customers'. I will
> not accept any business 'opportunity' that feeds on suckers, no matter
what
> the stakes.
>
> It is better to be poor and honestly provide your customers' with
beneficial
> products and services, than to be rich and to have operated to their
> detriment!
>
> Ian Green
> [EMAIL PROTECTED]
> Managing Director
> Alpha Omega Computers Pty Ltd http://ao.com.au
> aoShop.com, Inc. http://aoShop.com
> [EMAIL PROTECTED]
> Use Pretty Good Privacy? My public key can be found at
> http://ao.com.au/pgp-key.asc
>
>
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