Tag Archives: Andorra

Scam or Legit? Pre-Paid Offshore Debit Cards with No Personal Details

by Brian Mahany
Sounds too good to be true. A Master Card debit card with no name on it. Issued by a bank in Central America, the card does not bear the cardholder’s name. Not on the front of the card or in the magnetic strip.  Apparently the bank requires some identification details but claims those

“Tax Havens Pledge to Ease Secrecy Laws”

That was the headline on the cover of the Wall Street Journal on March 13, 2009.  And since that headline, virtually every country has given in to the demands of the Organization for Economic Co-operation and Development (OECD).  As cash strapped governments seek ever dwindling tax monies, the once popular “tax haven” nations are facing