Tourism
Financial offshore tourism in Panama
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Why the smart money stays away from Panama's crime-ridden financial sector.
Bananama Republic (http://www.bananamarepublic.com/tag/banking/)
Why the smart money stays away from Panama's crime-ridden financial sector.
Using a license that is only good for pawn shops, Pronto Cash offers a myriad of banking services including fund transfers, mortgages, payday loans and medical loans/insurance.
So now, just in, the news that the French Senate gives Martinelli and his gangsters the big fat finger. Nada, niente, nitsjevo de ratification. The senators don't believe that Panama itself even has access to information it would have to share under that treaty.
Panama hypers have been promoting our third world hellhole as a paradise where tax dodgers, money launderers and hustlers could enjoy unlimited financial privacy and bullet-proof asset protection. All those who actually believed that crap are now royally screwed. We told you so!
Bananama Republic has learned that MasterCard's fraud department is investigating Pronto Cash, a debit card scheme in Panama that is run by Canadian fraud artist Monte Friesner.