Asset Protection Scams

Here is a message about asset protection scams from a concerned reader and a warning on how to avoid asset protections scams.

Asset Protection Scams Letter

“Gary,

Wanted to say thanks for the article on Asset Protection Group in Las Vegas. I have been to there office and visited with the founder and his staff, and had similar conclusions as your article. Thanks. I have been talking with a company called IGP Institute Global Prosterity.

I was wondering if you have looked into them? If so where could I find the info. If not, is there any chance you could look into it with your scam articles as I would be interested in and value your option.

Thanks,”

I alerted an asset protection scams artist who expert on spotting cons and has been working hard to fight these asset protection scams. Here is his reply.

Asset Protection Scams Reply

“Dear Gary, I had a quick buzz through the web site and am concerned. My initial feelings are beware. The format used is similar to many others that have duped investors. The offer covers too many fields, high yield investing, tax elimination, asset protection et al. This is not normal in business. Few financial firms are so up front with so many services. This looks like they have posted every come-on they can think of to try and hook unsuspecting investors.

“This does not mean this is not a legitimate firm. I just have not seen anything like this in my decades of international investing and business experience. I am also concerned that the information provided on the site avoids many important issues, such as where they are incorporated? How long they have been in business? How to see their annual statement? The names of their independent auditors, etc.

“Get this data and you will be a step ahead. Then check it out and be sure that the data provided is really for the firm involved and not for a legitimate firm with the same name. Even then if everything checks out, it is always good advice to start slowly and with small amounts. Remember that even some of the largest financial institutions (such as Credit Suisse-First Boston) have been under investigation for duping their customers. There is no test like time and experience for building confidence. I hope if any readers have had any experience (good or bad) with this firm they will let you know. Take care.”

Once more a reader has been warned to beware of asset protection scams.

Gary

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scams

To avoid scams balance yourself in nature like this cabin at Gary and Merri Scott’s Merrily Farm where you are welcome to visit and stay Little Horse Creek.