10/09/2024
There's no point moaning about UK tax and then not educating ourselves on the sheer scale of what goes on in British Overseas Territories.
Did you know that the Cayman Islands is the fifth largest finance centre globally? Did you know they have $6 TRILLION in Hedge funds alone there?
Did you know that investors buy British corporates by loaning the money from their own hedge fund in Cayman at exhorbitant interest rates. This pulls all the profit out of the UK into Cayman TAX FREE.
They then withdraw it there without having paid a penny of UK tax.
So when you're worried about the pensioners having their winter allowance taken, or the inheritance tax or Capital gains going up...now you know one reason why.
The Labour party - the party of the working man - are acquiescing to this state of affairs. OK, we expect the Tories to look after the rich, but Blair did nothing about it, and Starmer won't either.
Think about that as you trudge to work to pay your income tax in the rain - while the billionaires relax on their sunbeds on seven mile beach not paying theirs.
Only when we sit idle because we aren't educating ourselves around there issues, do we get stung over and over again for tax.
Let's all wake up!! If you have a website, link to the Hedge fund pages on the aranea.info website. We need to use Google to get the message out and enable whistleblowers to report what they know.
Like, follow and share the content from the Aranea Facebook and linkedin pages/posts.
REPORT OFFSHORE FINANCIAL CRIME
The first 70 articles, each about a different offshore Hedge Fund are live online. Each Article helps the report something about that Hedge Fund.
https://aranea.info/whistleblowing-news/
The idea is, we get these pages to page one, number one on and any whistleblower will find it if they are searching for help around .
From there, we help them with a lawyer and to get HUGE financial rewards in the US.
The biggest reward to date, to a single individual is a whopping $279 Million.
Report what you know and we will do the rest.
Only another 10,000 pages to go!!
Did you know, that in the Cayman Islands Islands alone, the wealthy have over $6,000,000,000,000 'invested'.
These secretive funds are put in Cayman because there is zero tax and it is hard to get information about them.
Watch this space as we try and breach the secrecy of these opaque funds.
David Lammy Tax Justice Network Tax Justice Nederland Tax Justice Italia Money laundering Financial Crimes Enforcement Network Financial Crime Updates Economic and Financial Crimes Commission