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Obviously, this scam artist (the now indicted Wayne C. Scott a/k/a Chris Harper) was able to paint a believable picture by trading on the good names, reputations, and achievements of well-known people in the financial industry. I would guess that I'm not the only one who has been unknowingly abused by such con artists.
This five-story office building called Ugland House, in the Cayman Islands, is the official address for 18,857 corporations. About half of these companies have billing addresses in the U.S. The Caymans Islands provides near-total financial secrecy for companies, banks and accounts. As long as the House of Ugland stands, our standard of living will fall.