Liechtenstein banking /tax evasion

[Aaron r]

I'm just tossing a few ideas around about the Liechtenstein tax evasion scandal. It seems very wealthy people from around the world were somehow hiding money in a Liechtenstein bank owned by the Lichtenstein royal family to avoid paying tax to their country of origin. The scandal broke because an ex-employee of the bank sold names of people involved.

These C's quotes got me thinking:

Chapter III
Dorothy and The Frog Prince Meet Flight 19 in Oz 
or, 
"I don't think we're in Kansas anymore!"
03-11-95

Q: (L) And who is the Wizard? Is that the Beast or the U.S. Govt?
A: Close. Illuminati.

and

18 Jan 03 - Link
Quote
A: The situation looks bleak indeed. But remember the Achilles heel of STS: Wishful Thinking.
Q: In this case, how is wishful thinking going to help?
A: There will be a big miscalculation made. It will reveal the "Man behind the curtain."

Does the "man behind the curtain" = the wizard of Oz = illuminati?
And does the big miscalculation made = miscalculating/evading taxes?
And is the wishful thinking due to "believing" they couldn't be found out.

Or...I like cryptic crosswords and I have too much time on my hands?

 

[Pierre]

Hi Aaron,

Maybe you could provide a link to an article dealing with this Lichtenstein scandal ?

I'm not sure the big miscalculation mentioned by the Cs refers specifically to this tax evasion scandal (though I might be wrong of course).

There are so many financial scandals involving wealthy people (Enron, clearstream to mention a few) that people seem accustomed to the fact that wealthy people or organizations use off shore account to evade taxes.

Anyway let's see how this scandal develops. I deeply hope it will reveal the man behind the curtain.

 

[Aaron r]

Hi Belibaste, I think it could be a stretch myself but I thought I would throw it out there on the forum. Here are a couple of sites to look at:

http://www.iht.com/articles/2008/03/04/business/tax.4-233690.php

http://www.abc.net.au/news/stories/2008/07/18/2307289.htm

and a bit of a spiel from the "Four Corners" Investigative Journalism TV program on the Australian Broadcasting Commission about this topic aired on the 6th of October.

http://www.abc.net.au/4corners/content/2008/s2381529.htm
Tax Me If You Can
Reporter: Liz Jackson
Broadcast: 06/10/2008
His present identity and whereabouts are mysteries to all but a select few. When he reveals his story to members of a powerful US Senate committee, he’s just a silhouette on a screen. The man who used to be known as Heinrich Kieber lives his life immersed in secrets.
Six years ago Kieber was an obscure computer technician updating systems inside LGT, a bank owned by the royal family of tiny Liechtenstein. Now he’s attracted international fame, fortune and alleged death threats as a whistleblower, after making off with 12,000 pages of LGT documents that set out its clients’ extremely private financial affairs in embarrassing and often incriminating detail."His revelations are explosive," sums up a US Senator. Kieber sold the data to German authorities for about $6 million. Now hundreds of Germany’s richest are being investigated for their tax affairs. Jail may await some. And a posse of western governments, including Australia, are tracking the fortunes that their wealthy citizens stashed behind the secret walls of Liechtenstein’s banks.
Four Corners tells the remarkable story of Heinrich Kieber – roguish hero to some, amoral thief to others - and the worldwide fallout from his actions.
In the US, Europe and Australia there is fresh impetus to crack down on tax havens. About 50 countries sell bank secrecy services to foreign clients in a thriving industry worth trillions – and Liechtenstein is seen as one of the worst culprits. As Four Corners reports, a rare spotlight has now been thrown on the devices Liechtenstein uses to keep its clients’ affairs away from the tax man. Many are complex; some disarmingly simple, like posting letters from neighbouring countries to avoid attention."Foreign clients come to Liechtenstein because they receive excellent service and excellent products here," says a Liechtenstein government spokesman, before adding, "and certainly bank-client secrecy might have been a reason." US Senate investigators have been poring through the LGT documents and interviewing witnesses – including Kieber – to claw back some of the estimated $US100 billion a year lost in US tax revenues to tax havens. About 1400 people are mentioned in the documents yet the Senate committee plucked out just seven as case studies. One of those seven dealt with an LGT account established by Australia’s Frank Lowy and his sons.
Liz Jackson’s compelling report on the opportunistic Heinrich Kieber and the mayhem he has caused for a bank and a slate of clients who treasure their privacy – "Tax Me If You Can" – airs on Four Corners at 8.30 pm Monday 6 October and about 11.35 pm Tuesday 7 October (also 8am Tuesday on ABC2).

Sorry about the links, I am a caveman when it comes to computers.

When I looked up illuminati in the cassiopaea glossary it said that the secret society came from the Bavaria region of Germany and Liechtenstein is not far from there. As well the bank in question is controlled by the Lichtenstein royal family...? I had a bit of a look for the Liechtenstein stuff in Sott news but didn't find anything so I thought I would post something about it. Plus I find the C's "hints" so tantalizing I was wondering if there might be a connection. aaron