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St. Kitts: The Corruption & Fraud Capital of the Caribbean

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In St. Christopher (St. Kitts), a tiny Caribbean nation, white collar criminals can easily hide behind banking secrecy laws. Unwitting offshore investors are easily defrauded by "corporate directors" who hide behind secret corporate entities and secrecy laws. However, in the US, directors of corporations have a fidicuary and serious legal responsibility to investors. Normally, this means that corporate directors must work to protect the fidicuary interests of their investors. Under US laws, for example, Sarbanes-Oxley (SOX) and Federal Sentencing Guidelines, it would be considered a serious white collar crime for executives of corporations to abuse their position to defraud investors and/or unjustly enrich themselves. The 1984 U.S. Computer Fraud and Abuse Act makes it a federal offense to alter, damage or destroy information on a federal interest computer. Making matters more difficult for offshore investors is the fact that these tiny Caribbean nations are very protective of the economics of tourism and the economic and political implications of justice against white collar crime in their small nation.

Obstruction of justice is a criminal charge with a very broad definition, it refers to any interference of the administration and due process of law. This can take place during an investigation, as well as during a trial. Anyone who knowingly interferes with the work of police officers, investigators, or government agencies can be charged. Someone can also be charged with obstruction of justice if they impair the efforts of a court trial. For example, threatening a juror or witness, or ordering the destruction of electronic records..

Documented in sworn affidavits, the "corporate directors" of the Angelus Resort, St. Kitts, have purged computer files and destroyed the records of the original investors. The link below includes a collection of facts about the Angelus Resort, resort "directors", news articles, selected public documents, and affidavits of former Angelus employees. We hope this due diligence site will help investors who are considering offshore investments or asset protection strategies to seriously reconsider.