$13 Trillion Offshore

11 04 2011

In a recent radio interview on NPR, Mr. Robert Landori, a former accountant for offshore financial institutions in the Cayman Islands and author of a new book, “Havana Harvest,” said that he estimates criminal and tax-avoidance deposits offshore total a sum in the neighborhood of 13 trillion US dollars. Mr. Landori, a Hungarian by birth,  according to his biographic clip on Amazon Books, was an accountant specializing in mergers and acquisitions and a trustee in bankruptcy in the Caymans. Amazon states that Mr. Landori came in contact in the Caymans with international financiers, notorius con-men, well-known artists and entertainers and members of several countries’ intelligence communities. He was once jailed in Castro’s Cuba for two months on espionage charges that were dropped. He had unknowingly broken Cuba’s law by ordering banned electronic equipment for a Cuba customer.

How much is the United State’s current debt? Need we say more?
jcb

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