Edmund J. Pancal, a 25-year PI and asset recovery expert, reveals how countries like Belize (24.9% Limpira interest) and Estonia—with no U.S. extradition treaties for financial crimes—can shield wealth, citing Marty Frankel’s $350M–$1B fraud evasion fail. He warns of Y2K risks, advising survival stockpiles over gold, as bank runs could trigger global chaos, while U.S. student loans and fraud claims remain ironclad threats. Offshore privacy erodes under suspicion, with no FDIC equivalent; even nonprofits can be weaponized. Pancal’s blunt take: freedoms shrink slowly, like a frog in warming water, as governments tighten control over money and movement. [Automatically generated summary]
From the high desert in the great American Southwest, I bid you all good evening and or good morning as the case may be across this great land of ours, and it is a great land.
From the Tahitian and Hawaiian Islands out west eastward to the Caribbean and the U.S. Virgin Islands, south into South America, north all the way to the Santa Country at the Pole and worldwide on the internet.
ThanksBroadcast.com for the distribution and of course the Intel Corporation for their wonderful mathematics that allowed this G2 program.
It really is amazing.
G2, what will it do?
Well, G, it will allow you to see and hear the program at the same time.
In other words, you go to my website, download G2.
It's free.
Free, free, free.
Nice word, isn't it?
Download the G2 program, install it into thy computer, return it to my site, click it on streaming video, and there I will be doing the program.
And you'll be able to actually see and hear me at the same time.
It's an amazing technology, and you can do that from here or the other side of the world.
We have a crop circle formation, which I think is a real crop circle formation.
And when you click on it, when you click on it, maybe it's real, maybe it's not.
I think it's real.
Somebody should check the crop circle connector and tell me if they actually find it up there.
If they do, there's no question about it.
This is an alien gray.
It is a crop circle of an alien gray, if I've ever seen one.
Now, whether it's legit or not, I don't know.
Somebody will have to check the crop circle connector and tell me.
And at Sandia Labs, they've got a night camera.
You remember what Peter Davenport was on talking about?
Remember that?
Sandia National Laboratories has a nighttime camera out.
And on that nighttime camera, they caught this incredible flash that literally turns night into day.
That literally the other day turned night into day.
Going back to the old close encounters of the third kind when they interviewed the Frenchman.
Remember the translation to French?
And the translation was, the sun came out last night.
Well, what Peter told us about sort of translated in my mind to that.
And when you see the photographs and or the moving video they have also of what Sandia Labs caught, indeed the sun came out the other night.
Now, ABC has a new game show, a new hit game show.
It's called Who Wants to Be a Millionaire?
And today it crowned its first half millionaire, a Virginia lawyer, who passed up a one in a million opportunity, well I guess one in a million opportunity, to double his winnings from a half million dollars to a million dollars.
But the category, the only category that he could respond to was metal music.
So this is a lawyer who had a half million dollars in the kitty, and all he had to do was answer one question in the category of heavy metal music.
Listen, in Egypt, folks, they have discovered something really incredible.
Dr. Zahi Awass, the director of antiquities at Giza and a good friend, he's probably angry with me now because he wants me to come to Giza and I'm not going to be able to do it.
Dr. Zahi Hawass found 110 mummies encased in gold, G-O-L-D gold.
And they're predicting that as many as 10,000 more, 10,000 more may be buried at the same site.
Let that one sank in a little bit.
There is one more item I want to get in here before we go to a quick break, and that is this.
A scientist at Brookhaven, Long Island, well, the headline actually reads, New York scientists plan strange matter that could cause all matter in the universe to collapse this November or December.
New York.
Scientists Brookhaven, Long Island have built a 2.4-mile underground tunnel where they hope to recreate nothing less than what they believe was the second, or the biggest, not second biggest, but the biggest event in the history of the universe.
Within two spiffy shiny tubes, the ion bunches race around RHIC's, that's their acronym, RHIC's 2.4 mile ring in opposite directions.
Brookhaven physicist Thomas Ludlam, each collision will be like a mini Big Bang.
He continues to say, we also expect to be a little bit surprised since this has never been done before.
They may be a lot surprised because, you see, other scientists are not as sure that this is really a cool idea.
One scientist suggests that the little bang might be a big bang, and the headline is, big bang machine could destroy Earth.
other words one time around the tube you know to me this falls under the category we've talked about this a lot of times of things that we can do but should we do it of course we plow ahead and we do it because we can but eventually one of these things is going to do something like this I'm not suggesting that I necessarily agree with the scientists who say that everything could blink out but I'm also not disagreeing with them and
you know you you reach over to flip up no doubt they have a little safety thing like for a launch you know you flip up up the switch protector and you reach in and you press the switch and the they race around this 2.4 mile ring and they collide and the scientists think you get a mini big bang.
Well, what the hell is a mini big bang?
A mini bang created everything that is.
What if a mini big bang is big enough to take out everything we can see?
All the stars, all the planets, everything.
What if?
Go ahead and we're going to do it anyway.
And I think that's worth a few moments of thought, pondering.
In a moment, I'll tell you more about Ed Pankow, who is a fascinating man.
Absolutely fascinating.
There's much to say about him, and I will say it, and then we will speak with him.
unidentified
The End Now we take you back to the night of August 25, 1999, on Art Bell's Somewhere in Time.
Art Bell's Somewhere in Time Now, Edmund J. Pancal is one of our nation's top 10 private investigators.
Top 10.
He has also become recognized as one of the most informed financial and asset recovery experts in the country.
His expertise has prompted many clients in industry and government to utilize his investigative talent to document fraud, to locate and recover hidden assets.
Pangao is also a best-selling author and renowned public speaker.
In this, his fifth book, number five, Hide Your Assets and Disappear, he's taken an about-pace approach to his search and recovery techniques, techniques that he has taught to thousands at seminars and spelled out in fine detail in his bestseller.
He is an associate editor of BI Magazine, a contributing writer to international living, writes regularly for numerous financial and investigative trade journals, and authored several award-winning books on privacy and investigation to include Everyone's Guide to Investigation, How to Make $100,000 a Year as a Private Investigator, and the PI Portfolio.
All over the place.
My show, of course, Joey Reynolds, G. Gordon Liddy, the NBC Nightly News, ABC's 2020, Larry King Live, ABC Nightline, BBC London, Geraldo Rivera, CNN, Your Money, CNBC Moneyline, Sally Jesse.
I don't know, where hasn't he been?
He has investigated now for 20 years some of the highest profile cases in the entire country.
He's a graduate of the Florida State University School of Criminology, founder and director of PanCal Consulting, an international investigative agency headquartered in Houston, Texas.
If you do this business, as I have, for more than 25 years, yes, you get the romance, you get the intrigue.
You get to investigate and look at some of the most interesting things in the world.
But it is a business, and you've got to work at it like every other job.
But this is a business that depends more on inspiration than perspiration.
It's a business based much on common sense, but also having a very good generalist mind so you can look at things and get a good broad brush idea and know where to go for more information.
Well, here's, I guess, something that I would ask you and ask for a good, honest answer.
Now you've made it to the top of your field.
And so your answer here, I understand.
You know, that sometimes it can be like in the movies, very, very romantic and dangerous and intriguing and all of that.
But then there is also the other depiction in the movies of the guy sitting in the little broken down office, you know, with the shingle on the door and the gum chewing secretary outside and he's just sort of kicking back, taking a knock off a fifth of whiskey, that kind of picture of a PI.
25 years ago, there were a lot of people like that.
When I first got in this business, most private investigators were people that either got fired from the police department or they left under bad circumstances.
And most of them were little one-man agencies, and they were just like Humphrey Bogart.
But today, you've got people that come into the business from computing, from banking, from all types of other fields.
And I've seen this business really grow up as a profession.
And first off, now there's as many women private investigators as there are men.
Really?
Women are much more detail-oriented and make much better court record researchers.
Well I bet they're also in some cases better as PIs, period, because when you're making a phone call and you're saying you're somebody from some credit agency or whatever it is you guys do to get information, why a woman for some reason seems much more trustworthy than a man with those kinds of questions, don't they?
There has been, but again, it's really grown up a lot.
The shady side, the people that did illegal acts or that lived on the edge of the law, many of them have either gone out of business, been closed up, or just can't get clients anymore because much of what we do shows up in court.
Investigators now have to testify a lot to the findings.
Today, much more of our work is either done on computer or it's done with an attorney, you know, developing evidence for court or putting together more factual information.
And judges use affidavits every day, particularly for what's called summary judgment motions, to show that there's an independent third party and that they say X, which supports Y. And, you know, I give affidavits all the time whenever I testify or whenever I put together my information so that it gives both the court and the other side a preliminary indication of what they're going to face if they go to court.
First off, you know, this paralegal is basically insulting them and trying to contaminate them as potential witnesses.
And there's also an implied threat in there in that they can now get their divorce settlements, their tax returns, their social security numbers if a person gives an affidavit.
But the one comment I was going to make is if a person gives an affidavit and the other side wants to depose them, they can depose them, but they basically have to stick to the issues, not go in.
They can't bring in their tax returns just because they gave an affidavit.
Unless the affidavit has got something pertinent to do with their tax returns, it just can't be done.
Well, she said something roughly like this, that Art Bell, what kind of man would attack His sister with a shovel, leaving a permanent scar upon her nose.
And you know, that's true, that's in my book.
But see, that's where she stopped, you know.
And actually, if you keep reading the incident, you find that the incident occurred in a sandbox when I was, I think, maybe five and my sister was three or four.
No, she would have been three.
And so she leaves out that part.
And so it sounds like as a full-blown adult, I went after my sister with a shovel.
Oh, my God, what kind of man is this?
This is the kind of thing you've been getting from the other side.
When the wind blows Well, Jack be nimble, Jack be quick Jack jumps over the canopy He jumps so high up above He landed in the sky In the cradle of love.
We'll rock-a-bye, baby, in the treetop.
When the wind blows, the cradle will rock.
We'll rock-a-bye, baby, in the treetop.
When the wind blows.
I did the little cat.
The little cow jumped over the moon.
And on her way down, she met a turtle dove that said, Let's go rocking in the cradle of love.
Well, rock goodbye, baby.
In the tree.
You're listening to Art Bell Somewhere in Time on Premier Radio Networks.
Tonight, an oncore presentation of Coast to Coast AM from August 25th, 1999.
You'll find this song rattling around in your mind irresistibly soon.
It takes about three or four exposures and then you're hooked.
unidentified
*Screams*
now we take you back to the night of august twenty fifth nineteen ninety nine on art bell somewhere in time Now, look at this from Anchorage, Alaska, all the way from Alaska.
Ed, your book, you might like to know, somebody just checked and faxed me, at Amazon.com in Alaska right now, is the number one selling book in the whole state.
There are a lot of people that, first off, want to just drop out of society.
They've just had it.
And it's really interesting.
The information overload that's been caused by all of the things related to computers and technology and everything else has literally doubled the suicide rate.
And it's most obvious in Australia and New Zealand because they've been exposed to our technology in a couple years where we've had 20 years to get used to it.
Well, first of all, I noticed in some of the materials that were sent to me about you since our last show that you have been commenting on somebody who disappeared recently but is not doing a real good job of it.
Well, over the past year, there's been a lot of articles published and a lot of stuff done about this guy, Marty Frankel, that stole somewhere between $350 million and possibly as much as a billion dollars by defrauding insurance companies.
Well, I don't know a whole lot about disappearing, but even I know that you should go to countries that won't send you back.
In other words, the last show we talked about Belize, and I think there are some other countries in Central or South America that are pretty good that way.
And what are the good countries, by the way, besides Belize, the tropical paradise one may disappear to, and we'll talk about Belize.
But what other countries are good to go to, and what are bad countries to go to?
Well, suppose he's in Europe, which is what we know to be true, the very best place for Marty Frankel would be Austria, because Austria does not have an extradition treaty with the U.S. and many other countries, particularly for financial crimes.
These places view tax evasion as a sport, not a crime.
And basically, once you get in their country, it's like in the Middle Ages, you could go and take shelter and refuge in a church, and nobody can pull you out.
I mean, couldn't it be that somebody, if we want somebody bad enough, badly enough, that our State Department or whoever does this kind of thing does a bunch of back-channel pressure and he's whisked out in the middle of the night or something like that?
I mean, you take a man that has stolen this much money, a man that has spent hundreds of thousands of dollars buying 10 Mercedes, buying one house for $3.5 million cash, another house for $1 million cash, and the pressure of knowing that the government is looking for him.
And you're not talking about Mr. Stability in the first place.
You're talking about somebody that lost his securities license and has screwed everything up he's ever done in his life.
This is the first thing he's ever worked out right now.
As I say, the bad guys are going to bag him and they'll find his body someday at the bottom of the canal, or he's going to just emotionally run himself to such a point where he just gives up or they find him making one of the stupid moves that he's making every day, like calling his mother back in the U.S. to be able to figure out where he is from calls like that.
So now let's focus back upon the relatively common man.
A lot of people in America, I mean, this is a very prosperous country right now, and there are a lot of people who have made a considerable amount of money, and they're just sort of fed up, either with the overload of information or litigation or all the crap that's going on today, or they've got a spouse they want to get the hell away from, some shrieking, screaming, horrid, witch of a woman, and they want to get away, or whatever it is, for whatever reason they want to split with the bucks.
We've just talked about Marty, and I guess these are pretty much the wrong things to do.
The next thing is, does this country have extradition?
And have they signed the MLAT, the Mutual Legal Assistance Treaty, which says if you smoke one marijuana cigarette and inhale, then the government can reach in and touch you.
Well, you know, in those countries, if you've got money, if you've got the ability to provide a good lifestyle, there are thousands that would just, you know, jump right in your lap and say, I'm yours.
You know, I don't, you know, I'll take whatever you got.
And you could live there on basically 25 cents on the dollar of what it would cost here.
And see, many of these countries, they're now getting a great deal of American expatriates because you and I couldn't retire on the money that Social Security is going to give us.
So it's not just the rich ones or the well-off ones, but even just the middle or even low, fairly low-income people can profit significantly in lifestyle.
And that is what counts, after all, by doing as you suggest.
We'll ask a little bit about the leaves in a moment.
unidentified
The End Streamlink, the audio subscription service of Coast to Coast AM, has a new name, Coast Insider.
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Looking for the truth?
You'll find it on Coast2Coast AM with George Norrie.
Even though I think the middle class is being eroded away, because most people are doing relatively okay, we haven't seen that balance of power shift yet.
If that gets higher, I think we've got a real problem.
I don't see governments being supportive of this kind of rising up of people asserting their frustrations.
We're looking at a very historic time beginning to emerge right now.
Now we take you back to the night of August 25, 1999, on Art Bell, Somewhere in Time.
Now, this may be further down in South America or other Central American countries, but a lot of Americans have a mental image of these countries, Ed, as unstable, countries that are constantly going from one dictator to another, and you might not be safe, you might get kidnapped, a lot of terrible things might happen to you.
Well, crime in Belize, Honduras, Costa Rica, most of the Central American countries is very minimal.
There's petty theft and things like this because they still are economically depressed.
But all of the real violent crime has faded away to a great degree ever since the Russians no longer sent money to the Cubans to stir up trouble and basically pay for the guerrilla warfare.
These countries have gone through a real renovation.
First off, they bought all the guns that were out there.
They said, if you people will turn in guns, we'll pay you money.
And they brought in everything from hand grenades to howitzers.
The next thing that went on was that they realized that the one salvation for these countries was to get the American and European retirees, which both raised real estate prices, provided jobs, and brought people in with hard dollars.
So crime is much lower than it is in our major cities in the United States.
Well, if you went down there with half a million dollars, you could live like a king because while your money would only get 3.5% or 4% in a bank here, down there in many countries, they pay 9 to 12% interest if you invest in American dollars, and they pay as high as 24.9% if you invest in the local currency, the Limpira.
Well, you'd get a very similar house to what they have in South Florida.
Basically, it's a house with a regular inner living core with a big outside patio.
A lot of the houses don't have air conditioning, but they've got, you know, just good patios and breezeways.
So it wouldn't be exactly like you would expect here, but very similar, and it would be more adapted to their lifestyle and to their living conditions.
It may be high, but boy, the quality of life is just.
Oh, here's something else I want to ask you about.
You're an expert in this area.
The Cayman Islands have been a traditional haven for people to put money.
I saw something the other day that suggested that there was one super-duper court case that was going to get somehow possibly threaten all of the people who have these secret little accounts in the Caymans, have their names suddenly exposed.
A financial money manager, we'll call him, somebody that used to be a banker that now offers up services for individuals that want to hide their money outside the U.S. Right.
Was grabbed by the IRS, and they offered him the opportunity to be a witness or a co-defendant.
So rather than go to jail, he turned in his 1,500 clients, and the IRS has already collected $50 million, and they say they're going to collect as much as $300 million just on the information he's providing about clients.
And, you know, in my book, Hide It All, or Hide Your Assets and Disappear, I tell people, don't have someone else do this for you because three can keep it secret if two of them are dead.
You can open your own bank account.
Exactly.
You don't want somebody doing it for you just for this reason that if they get caught, they'll say, no, no, you don't want me.
And I'm not going to say who it is, but I had counsel from an acquaintance who said, you ought to take this money and put it in the payments, in a bank account.
And it was explained to me how it was done through a third party.
And, you know, it was said to be safe, safe, safe.
And I always said to the person, well, you know, what about this third party?
I mean, I, first of all, I swear to God this is true.
I decided I don't play that kind of game.
You know, I am an American citizen, and I don't cheat on my taxes.
Number one, I pay my taxes.
I grumble and bitch a lot about it, but I pay them.
And I felt like it was cheating my own country.
And I know that to the people who do this, it's very naive.
But that's the way I feel.
At any rate, when it was discussed, I said, yeah, but you know, how can you trust this person who's handling the money for you?
Because basically, the money comes and goes at their behest, their signature transfers of money.
That's why you don't want to relinquish control of your money.
And, you know, this kind of program is not for people that are just trying to hide money from the U.S. This is for people that very legitimately have worked here, that pay taxes, that want to look forward to retirement or to move their money outside the jurisdiction of U.S. courts.
See, one of the problems is anybody with $102.50 can file a lawsuit.
They can deny you the ability to use your own money to defend yourself by making up affidavits and false statements.
And a court can tie up your assets and freeze them for two or three years while this all gets sorted out.
So if your money's outside the United States, outside the jurisdiction of U.S. courts, it's making a lot better interest.
Plus, some dirtbag lawyer that's trying to make himself a 40% fee of whatever you have can't put his hooks in the money and is going to be not very motivated to pursue a case that he can't see the pot of gold at the end of the year.
So in other words, first off, the only people really in trouble from this guy turning over all these names are the people not who legitimately have the money there, tax already paid, but people who have secreted the money over there without having paid tax on it.
Those people that made cash money or whatever or had money that they never declared the income on, and it's now there and they're not declaring the interest as well.
So the government can go back on them and say, you did not pay the interest on your income, you did not report all your income, you are now a candidate for the criminal investigative division of the IRS, which is not a nice place to be.
Well, the first thing is it makes trouble for those 1,500, but the second thing is it gives the IRS a good look at what's going on in the 460-some banks in the Cayman Islands.
But see, now the Cayman Islands has signed a treaty called the MLAT, the Mutual Legal Assistance Treaty, and they will provide financial information if you're involved in money laundering, if you're involved in drugs, if you're involved in a capital crime.
So if the government can show that this money was made through laundering, and the definition of laundering is so loose that basically taking any money that you make and removing it from the court's jurisdiction and moving that money to avoid other matters, they can consider that money laundering as well.
So it really strikes a real blow against all of the setup of the Cayman Island banking system.
Yeah, well, I wrote an article a couple weeks ago and said this is going to really put a big dent in the Cayman Island banking infrastructure because people are going to move their money from the Cayman Islands to places that have not signed the MLAT, places that haven't become so well-known and public in recent years.
But how do you know that whatever country you might choose would not, you know, two years after you put your money there, sign the, whatever you just call it, the NLAT?
Right.
Would sign that, and suddenly there you are, bare naked.
But the thing is, if you read the newspaper or if you keep abreast of rules, you're going to see that a country is either considering that or your banker, say if you've got your money in the Cook Islands, which is out in the middle of nowhere in the Pacific.
One of my clients leases the Russian Mir satellite to museums, and every year we have to bring them literally three gym bags full of $100 bills, fly to the Soviet Union, get off the plane, hand them the gym bags, get back on the plane, get back to the U.S. You're kidding!
His book, which I'm sure you really want to read, is Hide Your Assets and Disappear.
You can look through my website and click on Ed's name.
It'll take you to amazon.com where you can get the book on the way.
If you're not intrigued, then you're just not listening.
I'm Art Bell, and this is Coast to Coast AM.
unidentified
You're listening to Art Bell's Somewhere in Time.
Tonight featuring a replay of Coast to Coast AM from August 25th, 1999.
Coast to Coast AM from August 25th, 1999.
And in the green shine of the earth, the tree around the beach, and the usual look and the birds of the sand, the smell of the touch, the something inside that you need so much.
The sight of the touch, or the scent of the sand, or the strength of an oak deep in the ground.
The wonder of flowers to be covered and then to burst up through tarmac to the sun again.
Or to fly to the sun without burning a wing.
To lie in a meadow and hear the grass sing, all these things in our memory soul.
And the youth to come, take this place of this face, just for me.
Why take a fear, take a fear of my feet, it's for me.
I know I have to give my heart to it for fear.
I still with my life.
Oh, my God.
You're listening to Art Bell Somewhere in Time, tonight featuring a replay of Coast to Coast AM from August 25th, 1999.
See, there's another benefit to living outside the U.S. If you declare your primary residence outside the U.S., your first $70,000 of income is tax-free.
Well, our government says if you earn your money outside the U.S., you determined personally that this is going to be your primary residence, and you're not using U.S. government services, well, then you get a deduction for that.
I mean, many people live in one country, do business in a second country, and do their financial dealings in a third country.
With communications and the world opening up, it's not like you live in one town or one country anymore.
There's opportunities in other places that don't exist here.
Our stock market is probably getting pretty top-heavy right now, at least I feel so, but there's other countries that need so many things and have got so many natural resources, but they don't have the technology that you could go,
like if you could get the contract to provide a phone system for Belize, you could rent a satellite shop, provide them with satellite service, and give everybody in the country a cell phone and become a multi-million dollar millionaire overnight.
Iridium has not quite lived up to its rep. It hasn't, but it's got the technology, and one day they or somebody using something similar is going to work.
As a matter of fact, I had a young lady on a mountain in Peru that I interviewed on an Iridium phone here about a month ago.
It worked very well.
But somehow, commercially, I think Iridium, I've heard they were filing Chapter 11 or something, and they're going to reorganize.
And so they've had some difficulties.
But it's a whole series, a constellation of satellites that's supposed to allow you to just use what seems like almost a cell phone virtually and make a call from the jungles of Brazil if you want to.
But what's really interesting to me is there are people running around the country saying that this is a government plot, that they're going to use this technology to implant little meta tags in our skulls and track us anywhere in the world.
Back to what we were talking about, taking $10,000, say, at a time out.
Let's say you wanted to begin putting your money in a bank, say, in the Isle of Man.
So you've got to make trip after trip after trip.
You and your wife taking $10,000 a piece out and putting it in the bank in the Isle of Man, or can you go once, establish the account, and then just wire the money over there?
You can go once, establish the account, have them tie it to an international MasterCard visa, and from then on do all your business with them through the Internet.
In my book and on my new website, which is hideyourassets.com, I have a list of banks and other businesses that are user-friendly and do this kind of thing.
I would say, again, not today, but if they, in the future, with a little better technology, could determine how much money it is and also the presence of money like this.
Because once you can get computer chips down and something that's recognizable to any kind of a scanner down to that size, it's possible.
But as I say, we don't have the technology today.
And if you carry money through a computer checkpoint, it's not going to pick that up.
I was in Hong Kong, and I flew back from Hong Kong, and when our plane landed in San Francisco, we went through one of these horrors.
We were on the ground, oh, God, we were on the ground for a good hour and a half, and they wouldn't open the damn plane up and let us out.
And everybody was wondering what was going on, and eventually some security guys rushed on board the airplane, grabbed three Oriental people, and whisked them off.
And finally, the stewardess, the air crew, came and told us what it was.
It was an Oriental family that had brought an entire shoebox.
I say again, a shoebox full of high-denomination bills with them in their luggage.
Now, apparently, this had been discovered in Hong Kong, but they didn't jump on them till they got to San Francisco.
A lot of these countries, they'll let you travel, but they don't want you taking what they consider as their national treasure, which is your money, which you've earned, out of the country.
But we do have the back door to that law through our tax code.
And they're going to presume.
It's like if you're in an airport and you hear the announcement that says warning it is illegal to carry more than $10,000 cash out of the country without reporting it, the only time they play that message is when they know someone's in the airport carrying that much money.
And they make the announcement so that they'll have evidence in court that you're aware of that.
We had a banker in Seattle, Washington, that fled the U.S., was living in Mexico, and he would talk to his spouse and everything else.
And the government put what's called a PIN register on the phone, which told them not what his phone calls said, but what calls were incoming and outgoing from his wife's calls.
So just before Christmas, they saw some telephone activity saying, okay, mama's going to go meet him somewhere.
So the government followed her, and she left Seattle, drove down to a border town across from Tijuana, Mexico.
And when he came across the border to see her, instead of her going across to see him, they introduced him to the ghost of Christmas Past.
And, you know, all his best-laid plans all went to hell because he broke the rules.
But if you follow the rules, if you follow the plan, if you've read your book, and you followed it, then you're going to have a whole new life, many times better than the life you have right now.
I get now six, seven hundred mails, emails every time I open my mailbox.
And I'll tell people out there right now, it's a triage system, and I look at the subject header, and you better attract my attention in that, or it might not get read because it's just not humanly possible.
And I put answers to the most often asked questions and the best resources like where to retire, where to go for international information, where to go for financial information.
So I tell people go to there first and it'll give them some clues.
And if you want to learn more, you either go to my www.pancow site for investigative information or send me an email.
And I do.
I answer almost every one because, you know, in the years I've been in this business, I've made so many friends and I've had so many people say, Ed, you literally saved my life.
You can email him at E-JPanCal, all strung together, lowercase, E-JPAN, K-A-U at A-O-L dot com.
And if you want to find me, you'll find me at Mark Bell at MindSpring.com.
unidentified
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Even though I think the middle class is being eroded away, because most people are doing relatively okay, we haven't seen that balance of power shift yet.
If that gets higher, I think we got a real problem.
I don't see governments being supportive of this kind of rising up of people asserting their frustrations.
We're looking at a very historic time beginning to emerge right now.
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Now we take you back to the night of August 25, 1999, on Art Bell's Somewhere in Time.
Art Bell's Somewhere in Time All right, here we go.
Now, I promised you we would begin to take calls for Ed Pencal, who is one of our nation's top 10 Private investigators has authored Hide Your Assets and Disappear, one of five books actually that he's authored.
And so we're going to do exactly that.
If you have a question, we've covered a lot of territory, and there's a lot of territory that could be covered here, depending on what you would like to ask.
We're now going to make him available if that is okay with Ed.
One of them is concerning personal, a little selfish, and the second one is about Y2K.
First question, I'm 47 years old.
I was married, got in a divorce, literally lost everything.
We both lost.
is penniless.
Yeah, you know it, Art.
I am now in my second career in real estate.
I know I'm going to be doing well because that's what I was, sales was what I was doing before.
Ed, how, the first question is, how do I hide a half of my income or one-third of my income so that it's non-traceable, someplace where if something happens again, I can rely on that money?
First off, it's hard to hide income because if it's reported by an employer, they know the fact how much you make.
But once you cash your paycheck and everything else, if you just take a piece of it and just put it in a box, put it in a safe, put it just under your mattress until you save up a couple thousand dollars, then you take a nice little weekend trip,
take one of these junkets or tours down to Belize, Honduras, any of these countries, and just open a bank account there and just keep putting your money there.
Save up your money and then wire transfer it or mail them a cashier's check when you get enough, and that money will sit in the bank, it'll make 10 to 12 percent interest, and it'll be gone.
Well, what I'm doing is buying a diesel generator.
I'm going to make sure I have at least 10,000 rounds of ammunition.
And you can't eat gold.
If things are really going to happen in Y2K, the things that you can eat and use to generate electricity and things like that are going to have a lot more value than gold.
The one thing that is good news, though, is that of all the compliant agencies or agencies that have got their act together, the IRS is not one of them.
You know, that was actually brought up the other night when I had Gary North on, that the IRS is not prepared for Y2K, and it may well be that they won't know who's paying taxes and who's not and who's supposed to.
Well, the easy way to do it is to go to the free website in the internet or go to your public library and use the free sites.
I use a search engine called Dogpile, and by using that as a search engine instead of many of the others, it magnifies your effort.
But either do that or go to the county courthouse and find identifiers on the people.
Find their date of birth, their social security number, in voter registration records and marriage records and lawsuit records.
Once you've got someone's name or date of birth, you own them.
Also, go to my website, www.tankau.com, and there's links for all the free searches for all of the internet sites where you want to go and find people like Bigfoot, which gives you a printout of everybody in the country with that last name, with their address and phone number.
Yeah, those internet search engines are pretty good.
Let me ask you a question, Ed.
There are companies, and they'll be nameless, that are on the internet that claim to go way beyond the free searches that are available on the internet for people for $19.95, $39.95, whatever it is charged to your credit card.
They will supply you with all kinds of additional information that you can't get otherwise.
Most of them are a rip-off because they give you no more information that you can get for free by going to Bigfoot.
The real databases that have information inexpensively are only available to attorneys, private investigators, and people in the business.
There's a company called DBT AutoTrack, and they have the best information in the country for the money available, but you as a general public can buy it.
Because they provide credit information and other information, and they limit access to it because they made a determination that they're going to police themselves and limit access rather than have the government do it.
But by hiring a PI, but under the color of law, how does a private investigator have a right or does he not have a right to any greater level of information about somebody than Joe Blow?
Well, they don't have any greater right, but the companies that sell the information, their policy is, and it's no law or anything else, it's their policy and they quote the Fair Credit Reporting Act as a means of restricting access to their information.
Now they can't restrict access to public information and public information is publicly available, just they have a more accessible port, but they don't have to give you access unless they want to.
Well, there's very few that they actually have the privilege to join that a public person or average Joe Blow doesn't have access to, but most of all, they have the knowledge of where to go.
Private investigators in general don't spread that knowledge, and so the average person doesn't know about a lot of the free sites or they don't know about places they can go where they can type in an email address and it'll tell who owns that email address.
But since we do this every day for a business, we know that you can go to the PI mall, put in someone's web address, and it'll tell who owns it.
There's a balance usually between security and privacy, and that balance has tipped very far to the side of making information public.
The one thing is the public doesn't realize that their electronic signature does not belong to them, and it's worth thousands of dollars.
Credit card companies, marketing companies, automobile companies know the value of your electronic profile and they buy it and sell it and use it every day.
Well, when one considers Belize or a similar tropical area, what unusual disease problems might you encounter, such as maybe the prevalence of malaria or dengue fever, which about two years ago I noticed had caused many illnesses in Costa Rica, even in the San Jose area?
Belize, Honduras, and other countries really have very little in the way of computer systems, so they're not going to be troubled by this.
The only thing I would recommend is I wouldn't fly within three or four days before Y2K or three or four days afterward because their radar screens may go out and your pilot will be flying blind.
But that could happen anywhere in the world, but particularly in third world countries.
I really like the Communist Chinese solution to this.
And I thought it was very intelligent.
The Communist Chinese government has ordered that every single last one of their airline executives will in fact be on a flight at midnight on New Year's Eve.
Basically, now they have got you by your family best, and you literally can't dismiss this in bankruptcy.
You can't get any kind of deviation.
They cut a deal with the banks that financed these student loans and said, you're going to get paid no matter what.
Otherwise, nobody would have taken any of these student loan monies.
But because they're guaranteed, because they can do garnishment without court, you know, this is now the biggest moneymaker the banks have in the country.
Well, after my last show with UART, I got thousands of calls from people asking about student loans, and they're all suffering this same thing.
It's one of the biggest disgraces and one of the biggest black eyes we have in this country is that, you know, people go and they get these student loans.
When I purchased the property I have now and the house that I have now, Ed, I determined that I was going to live and rot within its walls for the rest of my life.
They are trying to do everything they can to basically make the consumer the victim and guaranteeing lenders the ability to get their money no matter what.
Art Bell, Somewhere in Time The following is from Mike Armagosa, which is close to me here in Nevada, and it's entitled Living in Foreign Countries.
Dear Art, in July of 1997, I retired from the motel business in Las Vegas with a small retirement income.
I bought a one-way ticket for India for $250 a month.
I had a beautiful new studio with a refrigerator, air conditioning, utilities included, all that for $250 a month.
He says, as my $250 a month example illustrates, one can have most of the comforts of home and still live cheaper, much cheaper than in the U.S. One advantage I had is that I had made three prior trips to India.
I'd spent seven months in India prior to the July 97 trip.
Therefore, I had no culture shock on my last trip to India when he was going and just going to live there.
And do you recommend that, Ed, that people go to these countries and get comfortable before they make the big one?
Before you go and make the big step, go take a week-long visit.
Almost all these countries have cheapy tours through travel agencies, and you can go there, look around, see if this is for you, make some local contacts.
There's a group called International Living, and they take tours down there, and they have a newsletter.
You can subscribe to that, go to the internet, read about it, get all the information you can, and then go look and see.
You might say, this isn't for me.
I don't like to fish.
I don't like the sun.
I'd much rather be in some place that I can play more pinochle.
Well, you know, they've got places like that.
But you should definitely go and see if this is the place for you.
I wanted to get the word out or let you explain because I'm not really that familiar with it, but the word expatriate seems to carry a negative connotation.
And I would like for you to explain that a little bit because I've read where several people, I say I've read where several people, I've known several people in reality, that have went to Costa Rica and Belize, etc., and more or less sent their passport home.
How long do you think what we're talking about tonight, what can be done, personally, and successfully so if you do it the right way, as you have outlined in your books, not in totality here, but in your books.
If it's done the right way, how many more years or generations do you think we're going to be able to get away with this?
Or do you think that the old one-world monetary and finally political system will take over and stop all this?
And I think that our generation and the people for the next 10 to 20 years are going to be safe because there's still going to be have-not countries that want to have.
So they're going to create these opportunities.
But the have-countries, the ones that have had all the benefits for years, they're going to make it more and more restrictive to try and keep people from getting their money out of their countries.
Medical costs are much lower in these countries, and the same doctors treating you there are the same ones treating you in the U.S. or Canada.
You see, many of our doctors didn't go to med school in the U.S. They went to teaching medical colleges in Honduras or Costa Rica, and they have very good medical for 25% of the cost in the United States because they don't have to put up with the horrendous malpractice insurance rates.
Yeah, our FDA has not approved treatments, and they do more experimental treatments and treatments that are frowned upon here.
If you're looking for certain treatment that hasn't been approved or hasn't been tested on 10 million people, you may want to go to Mexico or to Costa Rica and things like that.
But medical treatment is much cheaper.
It is very good.
And also, to answer your question about personal safety, I feel you'd be safer in many of these countries, particularly if you're in one of the gringo communities, than you would be on the streets of any major city in the United States.
Well, if you do business, as May West would say, with a well-established firm, one of your big Canadian banks, CIBC, has offices all over the world.
And that's what you do.
You put it in your branch of CIBC in Belize.
And if for any reason there is any kind of unrest or you are not comfortable, you just give them a phone call or send them a fax or an email and say, transfer my money to your branch in Scotland for the next 90 days.
So your money is as safe, if not safer, than it would be here in the U.S. So I should just visit the country, set up a bank account, have a MasterCard, and I'm set.
And, you know, back in the 1980s when we had our last SNL and banking crisis, and I did many of those investigations, there were a lot of people that had their money tied up or people that had more than $100,000 in banks, and they lost it.
Well, those records are really stored at the county level and they're first put on microfish or microfilm.
The court record, both at the local police level and maybe at the national level, which is the National Crime Information Center, may get screwed up for a short while.
But the actual record itself, which exists in the county, is going to be there and will be kept more or less as a hard copy.
But the system could go down and they could lose, and many states have lost, a great deal of their criminal histories that they had on computer.
unidentified
Okay.
I don't have a criminal history myself, but the reason I'm asking, my husband is originally from Mexico and he applied for permanent residency here after we married.
And one of the requirements to prove he had to have a background check and all of this.
And he needed to show an arrest record if he had had one.
And he had had a DUI like 10 years ago.
They had to look this up in their computers at the courthouse here, and they could only go back five years.
And it's a story filed August 20th, entitled, Bank Insiders Can Beat the System.
It says, it was an official document called a suspicious activity report, SAR, which banks and other financial institutions are required to file with federal authorities when employees detect unusually large deposits or transfers or other aberrations.
Now, Ed, I thought we just went through this whole brouhaha about profiling bank customers, and the damn thing got shot down, but this would seem to indicate that there's something in place now that does report unusual transactions, large amounts of money come and going, whatever.
The only thing that got shot down was the know your customer rule, which basically said banks have to document not only who you are, but who you do business with and identify them by photo ID.
The actual profiling by the CTRs, the currency transaction reports, and the SARs, the suspicious activity reports, those are still there.
They're very much enforceable.
And they've actually reduced the dollar limit from $10,000 to $3,000 on a currency transaction report in most jurisdictions.
Yeah, I'm very involved with Native American issues.
And I don't know if you know too much about that, but if you're involved with that, you're on kind of the cutting edge of conflict with the government.
And so we're fighting a nuclear waste dump out here against a consortium of utilities that are trying to, they've basically gone in and undermined the integrity of a small band or tribe, the Goshoots, out here, about 45 miles west of Salt Lake.
We're using my house as kind of an area for setting up an office.
We've created a nonprofit to be able to generate funds for legal expenses and so forth.
And I put a couple of lines in, extra lines into my house.
And one of them rang the other night, which I thought was odd since I didn't even know what the number was.
And so I was talking with guys, and I picked it up, and it was dead.
And just like as if it hadn't been hooked up.
So I told one of the guys, he rolled his eyes back and said, well, you know, you're bugged.
The real truth of the matter is, Ed, if they wish to bug your phone, you know, all the time you hear people say, oh, I hear the clicks, you know, I hear clicks and I hear crunches and I even hear somebody, I think I hear somebody breathing and you hear all this.
The truth is, if they want to tap your phone, there's no way in hell you're ever going to know it's tapped, is there?
Yes, it's actually made number nine on the New York Times bestseller list.
Wow, it's everywhere.
And I've got to thank you a lot for that art.
But it's in all the bookstores.
In fact, I was in one bookstore doing a book signing.
They put 200 of the books in the window, and people that had never walked in this bookstore in their life were coming in by the droves and buying the book.
It's really, you know, unfortunate that our country has reached a point where people can no longer look at it as the place that we've been proud of for so many years.
And Ed Pancal, who's authored Hide Your Assets and Disappear.
It's a runaway bestseller, no question about it.
And I guess if you've been listening tonight, you know why.
unidentified
I'm out.
I'm out.
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Looking for the truth?
You'll find it on Coast2Coast AM with George Norrie.
I argue with people about disclosure time and time again.
unidentified
I've told them governments are not going to come out willingly to tell us it's going to happen by a mistake, it's going to happen by a whistleblower, but it's not going to be an organized thing.
Governments won't do that.
And the reason why they won't do it is because they do not want us to know.
They think that they'll lose control of us if we know.
If you actually truly believe that we were being visited by extraterrestrials and you had categorical proof that it was happening, do you think you would listen to some of the bull that government throws out all the time?
Absolutely not.
You'd look toward the heavens, you'd say there's got to be a better way, and you would start doing your own thing.
And you would forget all about government control and everything else.
So the bottom line is government will never, ever disclose the true facts of UFOs.
You're listening to Art Bell Somewhere in Time on Premier Radio Networks.
Tonight, an encore presentation of Coast to Coast AM from August 25, 1999.
It says, Art, the Government of Canada enacted legislation two years ago permitting Canada student loans to survive most forms of bankruptcy.
This was because, one, 7% of all loans were in default four years after graduation.
Two, of these, there were just a few too many doctors, dentists, and lawyers for the government to ignore the political heat.
Three, when out of this smaller group, two or three simultaneously divorced the spouse who had sacrificed and delayed their own studies to put the other through school, lynch mobs were literally forming in the streets of Ozo Gentle, Canada.
You know, the banks have put pressure on the government saying we're not going to guarantee student loans unless you make them ironclad that people can't get out of them.
And that's what's happened.
You know, Canada went through this.
We've gone through this.
The next is going to be Australia and New Zealand.
And it just, you know, every time something like this comes up and every time the government has some new program and they want somebody to buy into it, they create legislation that guarantees it.
Now, if you happen to have transferred funds out of the country, or even for this reason or that, to your children, and then later on you have to take Chapter 7 bankruptcy, which has nothing to do with the other.
And this is not with consumer or big credit card debt.
You can be nailed for the fraudulent transfer.
And while the law says one-year limit, this vanishes if they claim fraud.
And then it's related back in time, and they can find some reason.
If you transfer the money before you have a financial obligation or knowledge of impending financial obligations, then you can make those transfers and they cannot charge you or bother you under the Financial Conveyance Act.
unidentified
Well, even under case law, which I'm very familiar with, it's your word against theirs whether you knew about a debt or anticipated it.
But the interesting thing, if you have a creditor, let's say it's a business associate or even a relative, using your own money that they caused you to lose and then you claim bankruptcy, and they claim fraudulent transfer, they can fund the bankruptcy court trustee to reopen a case and make sure you are ruined.
I'd like to know where in the world, I know here in America there's some wealth, but it's so hard to get to, but where in the world is there a location?
I've heard of some people going to South Africa, getting dirty, and doing diamond mining and stuff like that.
In Central and South America, there's emerald mining.
There are tons of places, both in the U.S. and in foreign countries, that have gold reserves.
You just take the stretch of highway between Denver and Durango, Colorado.
There's people that go out there in the summers and pan the rivers and make enough college money to pay for the rest of the year's education.
If you're willing to go out and break your back and sweat and work and want to do this, Canada, Alaska, Colorado, Honduras, there's still places with tremendous mineral wealth that are waiting to be picked up.
Go to a highway, like you mentioned, that is not frequently patrolled by the police.
And just early evening, set up a toll booth.
And I would be willing to bet you willing to bet you that 99 out of 100 people would stop and dutifully pay the toll, maybe with a sort of a cringing pace, but they'd pay the toll and go on.
A lot of the countries are very compliant, but others, they're low-tech.
They keep all of their documents on 3x5 cards.
They don't have them computerized.
As long as you've got a good hard copy, there's not going to be a lot of problems.
But, you know, no one knows how the banking and brokerage industries, which are the ones that really hold our money, are going to deal with this.
I personally think that the stock market's going to take a big, big hit between October, November, and December that a lot of people, win, lose, or draw, are going to want to take their money out because they don't know what's going to happen.
And, you know, a lot of the banks, especially the very computerized ones, may have some very real problems.
The banks that are low-tech aren't going to have those kinds of problems.
and is the panic factor i i think that's more likely to do is in them the first Precisely.
I've heard it a million times from Gary North and a lot of other people, and that is that if everybody, or even half of everybody, went and withdrew just a little bit of their money, the banking system could no more handle it than the man in the moon.
Well, no one knows, and no one knows what's really going to happen.
It's one of those things we're going to watch and see.
What I've heard a lot of, and I agree with, is that things are going to wind down, and people are going to get more and more conservative and more cautious.
But if January 2nd comes along and nothing's happened, there'll be a tremendous upsurge again in stocks and this and that and everything else.
And they're asking me, you know, how can they go lower tech?
How can they put their assets and themselves in a situation that if there is a problem, that they can deal with it, that they can put their arms around it and solve the problem.
I tell them basically that, number one, you want to have sufficient survival materials, food, water, electric, this and that, and everything else, available to yourself to get you through a minimum of 10 days, just in case.
And the other thing is your money.
Number one, I would not want to have the government owing me money at that period of time.
I would feel much better underpaying my taxes and then catching it all up in the end of the year than have some computer saying, dear sir, you're lost in the system.
Within the next nine months, we'll get you straightened out.
Well, I tell you, I really believe in the John Galt Society, and it's an idea whose time has come.
unidentified
Oh, we think so.
We definitely think so.
I was wondering, this might be more of a question for the general audience, but do you feel that there's more, do you feel that there's any financial privacy available in the United States?
I've heard that as long as your money is anywhere in the U.S., if it's in a trust, if it's in any bank account, it can be gone to by the government one way or another.
Our banks send your money out of the country on the weekends to gain interest on days that they don't get interest in the U.S. Yes, I know that's true.
I just somehow if someone would have told me five years ago that I would be a radical, that I would be arguing against many of the policies that I taught and I worked for, I never would have believed it.
But I'm like you, I'm 54, and I've seen the world change all around me.
And today we do.
We live in a different world, and we either adapt to it, and we either deal with things as they come up and create our own reality, or someone does it for us.
Art Bell, Somewhere in Time We were talking about, you know, the way you feel about things and the way I feel about things a little while ago ahead.
It's an interesting conversation.
I have what I call my mortality theorem, which is that as we get older, the music of the day sounds like crap.
Society begins to change in a way that we are no longer comfortable with.
And that includes financial and social aspects of society.
The laws change.
The government begins to be more intrusive.
Privacy disappears.
And so, you see, by the time we get to be in our 70s, if we make it that far, even our 80s or better, we're ready to throw up our hands and say, I'm out of here.
I'm out of here.
I don't like it anymore.
Take me away.
And, you know, the new people, what do they know?
They're living with the new, the brave new world, and for them, everything's okay.
And I live near Gilbert in Oak Harbor, and I always wanted to go look for him here, but decided not to.
Anyway, I have two quick questions, and one kind of goes to when Ed was a private investigator.
Sure.
I've done some article writing, and I've found that this is going to sound strange, but I find that men in general will tell women all sorts of things.
They almost don't perceive this as a threat.
And I've been able to weasel so much stuff out of people just because you're a woman.
Just because I'm a woman, yes.
Did you find that with any operatives you worked with or anything like that?
And, you know, in my staff, I've had a staff as high as 75 people, and two-thirds of my investigators were women because women are more detail-oriented and better for doing certain kinds of work, like particularly the court record research, and they're just digging.
Women want to know.
They have this insane desire to know.
And they do.
They make the best investigators.
unidentified
Well, I was doing some marketing research, and I found I had a real talent for this.
And the next thing I know, they have me doing all sorts of little spying things on their competitors.
And I mean, I didn't have to say hardly anything, and these guys would just sort of gave it all away.
But anyway, my other question is, is how good is creating a nonprofit organization to hide your assets under?
Again, if it's done with the intent to commit fraud or to defraud creditors or as an alter ego of an individual, they will slice right through that like a hot knife through butter.
I spent some time in Costa Rica about three and a half years ago.
That's a beautiful place.
If I was going to go move somewhere, that would be it.
They also down there have settlers' rights.
If some guy owns some land and he doesn't live in the country, he doesn't show up there at least once every six months, you can jump on the land and take a claim.
So right now, they're the places that everybody's looking to go to.
But the handwritings on the wall, even Cuba, we as Americans can't go in there and buy property, but the Germans, the Italians, and the French are in there buying up everything they can get their hands on.
This resort that we were at was right on a beach, of course, in Nicolla Bay.
And there's guys wandering around on the beaches there to live in the nearby villages.
And the resorts don't like having them around because they're coming along and they're taking business away from the people that are working there, i.e.
taking them fishing for a price.
But there's nothing they can do about them because they stay on the beach and the beach is public domain.
Well, then that makes me want to ask the following question.
Ed, we believe, most Americans believe, and this may be another one of my old myths and balloons that are about to be popped, but we think we live in the greatest bastion of freedom in the world.
As far as having the personal freedoms to be able to express yourself, it has been for many years.
But again, we have got more to protect now, and so the interests that have the ability to do so will do it.
But as far as having the other freedoms to not be taxed without representation, to not do things, or to be able to have the ability to be more creative, no, we don't have that.
And there's other countries that have a lot more opportunities.
Boy.
And, you know, it's just, it's always a question of the haves and have-nots.
When this Country was a have-not.
We invited people in, we did everything, but today we restrict the people that can come into the United States.
We restrict the amount of money you can take out of the country.
We do all these restrictions because we become a have instead of a have-not.
I mean, I guess I've done a lot of travel ed, and it did strike me, I'm afraid, in certain places that the style of living was easier, more friendly, and it seemed like there were more freedoms, at least on the surface.
Now, I guess our freedom of speech is pretty much still intact, but even that is beginning to get curved edges to it, isn't it?
However, if you look at institutions like we were talking about earlier, on the island of Man, for example, they have been safely storing money and providing interest accounts for people far longer than any bank in the U.S. has been doing it.
Go Nevada, California, anyone in California, Oregon, Arizona, join the corporation, asset protection, take your titles to your real estate, put them in Nevada under a fabricated name, put your bank account in a limited partnership, and they cannot touch it.
That's not true, because basically, again, if the civil authorities or the government alleges fraud, they can cut through all of that, especially if you do it in a fraudulent name or anything.
There's always a paper trail that can be followed for money.
And the more steps you take to wiggle, the more likely they are to find you guilty of fraud.
The only thing that Nevada really offers different in a corporation is that they only list one officer or director rather than three.
But if you've written a check for a corporation, if you've transferred money out of an entity into that, there is a record in the banks and they're going to be able to follow that.
And when they find it, you know, there's a word.
It's called Bohica.
And it stands for bend over.
Here it comes again.
That's what you're going to be dealing with.
So the people that are selling all this and promising this are making empty promises.
Mr. Pancow, the island lives sounds wonderful, but I can't help but think of the Andy Griffith show where Howard Sprague decided to move down to the islands and soon found that there was nothing to do.
For a person who's not retired, what sort of work would there be besides milk and coconuts and peeling pineapples?
These companies are really coming into the 21st century, so they need people that have teaching skills, people that have computer skills, and if you can repair a god in Honduras, if you can repair a car in Honduras, you are a god.
Any of the skills we have here, sales skills, There's many American companies that are looking for agents to go down there and sell their U.S. product in these foreign countries.
But Intel, the big computer company, just built a huge plant in Costa Rica and they're employing thousands of Americans as well as many thousands of Hondurans and Costa Ricans to build computers and to do work that was formerly done in the U.S. So there's plenty of work down there.
My mother-in-law moved down there four years ago.
She now owns the largest real estate business in the island of Royce and makes far more in Honduras than she ever made in the U.S. How about that, Color?
Ed, there's a great way to practice disappearing without actually doing anything, and that's you call up Alcoholics Anonymous and go to their meetings, and you can have a whole new name, meet a whole new class of people.
And it seems to be that underclass of people that deal with cash-only.
And you can practice getting a new job and a brand new life and see if you can handle it.
Just call up in the white pages and head down to one of their meetings.
That's a new one on me, too, but I do understand the theory.
In other words, I think the one thing that people should really do before they take the first step is to really go visit that country, really decide if they're going to make a happy step or they're going to get down to Belize or wherever it is, and they're going to be suddenly very, very unhappy.
So a little bit of investigation before action would be in order, right?
Well, I guess the one thing is, is that before you jump into anything, whether you invest your money, your life, or your heart, remember that magic saying, when in doubt, check it out.