Poor management decisions at the bank level can lead to some scary decisions like frozen accounts. The spin Deutsche put on it makes it even scarier. August 2, 2019 James Simons heads up one of the world’s top-performing hedge funds (Ren-Tech). This fund got to that esteemed position by making predictions so accurate it seemed […]
5 U.S. Agencies Team Up to END Bank Security
By on July 22, 2019 Leave a Comment
The US government is looking for ways to compromise the security of your information so they can gain access to your bank accounts. July 23, 2019 Imagine opening your email one morning and finding this message from your bank: Security Alert: Your Account Has Been Compromised As you processed the meaning of the email, there […]
Deutsche Bank Investigated for Money Laundering (And This)
By on July 16, 2019 Leave a Comment
Several banks around the world are jeopardizing their depositors’ holdings with some rather shady dealings with money launderers. July 16, 2019 What would you think if you went down to the local coffee shop, got a newspaper, and read that your bank was being investigated for money laundering? We’ve previously covered an instance where a […]
A Win for Property & A Loss for Privacy
By on July 7, 2019 Leave a Comment
A win for property rights curbs abuses in asset forfeiture policy; but a loss of privacy could lead to abuse and misuse from the surveillance state. July 8, 2019 By: Bobby Casey, Managing Director GWP Seems I’m reading about taking one step forward on one page and one step backward on the next with the […]
You Need to Know About “Operation Choke Point”…
By on June 27, 2019 2 Comments
The FDIC made a weak admission to Operation Choke Point and its targeted “risk management” in shutting down certain accounts without explanation. June 27, 2019 Imagine this… You walk into your bank to do some business. You pull out your ID, hand it to the teller, and wait for your money or deposit receipt. But […]
Wells Fargo Linked to Money-Laundering?
By on June 3, 2019 Leave a Comment
Some shady dealings were uncovered at Wells Fargo, among other banks and financial institutions. Could this affect you? June 4, 2019 Wells Fargo seems to be walking a thin line between being a legitimate banking institution and a criminal racket. According to the California Office of the Department of Justice, a Wells Fargo banker named […]
How Common Reporting Standards Affect Digital Nomads and Location Independent Entrepreneurs
By on May 21, 2019 Leave a Comment
Banks around the world are reporting their account holders’ information to their official or default tax residences. May 21, 2019 By: Bobby Casey, Managing Director GWP Digital nomads and location independent entrepreneurs often struggle with tax compliance in their home country. Countless penalties and fees for not filing their taxes correctly (or at all) build […]
If Banks Took Your Money and Ran (Like This)…
By on May 16, 2019 Leave a Comment
Many take their banks for granted, never considering they could close unexpectedly. Are you prepared for what happens if your bank closes? May 17, 2019 Imagine if you woke up, got a steaming cup of coffee, and went to your computer. You open up your online banking portal to transfer funds and get the following […]
U.S. Is a Tax Haven for Everyone EXCEPT Americans
By on May 6, 2019 Leave a Comment
Many American citizens consider themselves privileged, but that privilege doesn’t extend to tax protection. That is reserved for everyone EXCEPT Americans. May 7, 2019 By: Bobby Casey, Managing Director GWP It’s well known among digital nomads U.S. citizens are not treated well by their own government when it comes to incorporating and banking. What may […]
How to Protect Your Assets from “Shadow-Banks”
By on April 24, 2019 Leave a Comment
“Shadow Banks” pose a serious risk to the market and your assets because they are non-banks that lend like banks, but with far less oversight or accountability. April 25, 2019 At the heart of the last U.S. financial crisis in 2008 was a $52 trillion “non-banking” industry that lent unqualified borrowers money for mortgages and […]
