What's the most ridiculous....

[Old Greg]

I am putting together a new option called Profits On Nominal Zero Income, just need to think of a clever acronym, I can guarantee you 150% returns after 45 days, or 200% after 90 days.

I used to offer such a scheme but the bureaucrats withdrew the firearms licences.

[DimPrawn]

It was very simple. You invoice including the VAT via a series of shell companies that disappear when the VAT man comes looking. Meanwhile, as an individual you receive six weekly loans in a fast depreciating foreign currency via a Trust in a third jurisdiction, that is then written off by that trust for tax puropses.

Tony Blair and the £8million tax 'mystery' - Telegraph
The mystery of Tony Blair's finances | Politics | theguardian.com


Nah, it would never work.

[Old Greg]

Tony Blair and the £8million tax 'mystery' - Telegraph
The mystery of Tony Blair's finances | Politics | theguardian.com


Nah, it would never work.

I preserve the strictest client confidentiality.

[vetran]

I am putting together a new option called Profits On Nominal Zero Income, just need to think of a clever acronym, I can guarantee you 150% returns after 45 days, or 200% after 90 days.

wasn't he a famous Italian philosopher? Senor Ponzi?

I think his seminal precept, 'I get out what you put in' was a hint of genius.

[Old Greg]

wasn't he a famous Italian philosopher? Senor Ponzi?

I think his seminal precept, 'I get out what you put in' was a hint of genius.

I resent that slur on the industry.

[LisaContractorUmbrella]

Obviously it's more complex than that but commercial confidentiality would prevent me sharing the full details on a public forum.

Typical

[BigTime]

This one hits my spam box around once a week: http://www.income-management.co.uk/in - offering a solid 90%

[Old Greg]

Plan B

I am sole shareholder of MyCo
MyCo has contract to supply Oude Joris Holdings
Oude Joris Holdings has contract to supply
ShellCo (registered in England)
ShellCo invoices ClientCo for £10,000 + £VAT.
Oude Joris Holdings invoices ClientCo for £12,000
Oude Joris Holdings lends funds to Oude Joris Benefit Trust
Oude Joris Benefit Trust lends me £12,000 in a fast depreciating foreign currency loan and then writes it off.
MyCo invoices Oude Joris Holdings for £10,000.
Oude Joris Holdings fails to pay.
MyCo claims £9,000 from its export credit insurer, distributed as dividends following CT.
ShellCo goes under when VAT man comes knocking.


Monthly return on £10,000 contract value = approx. £18,000.

[Old Greg]

This one hits my spam box around once a week: http://www.income-management.co.uk/in - offering a solid 90%

Ask them where the other 30% goes.

[cojak]

You remember my Oude Joris scheme. Funnily enough, I had three enquiries via PM.

I only wish you were joking. But I know you're not...