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Staffa label chicanery
Have a look at these fascinating legal synopses of an old tax
shelter fraud case related to Scottish island "stamp" labels (Staffa, Bernera, Eynhallow, Grunay). The amounts of money supposedly changing hands is staggering (although it's clear that a very small percentage involved was actually cash, almost all of it was in promissory notes). Nearly a thousand stamp sheetlet masters selling for hundreds of thousands of dollars a piece. Quite the trick, convincing people that these labels would ever be worth anything remotely approaching the amounts claimed. http://cases.justia.com/us-court-of-...94/781/231004/ http://cases.justia.com/us-court-of-...88/385/203651/ The legal details themselves aren't of interest (to me, at least), but the notion that any of this stuff would ever be worth $160 million is unbelievable. Ryan |
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#2
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Staffa label chicanery
Clive Feigenbaum, the former chairman of Stanley Gibbons (SG), "Ryan Davenport" wrote in message news Have a look at these fascinating legal synopses of an old tax shelter fraud case related to Scottish island "stamp" labels (Staffa, Bernera, Eynhallow, Grunay). The amounts of money supposedly changing hands is staggering (although it's clear that a very small percentage involved was actually cash, almost all of it was in promissory notes). Nearly a thousand stamp sheetlet masters selling for hundreds of thousands of dollars a piece. Quite the trick, convincing people that these labels would ever be worth anything remotely approaching the amounts claimed. http://cases.justia.com/us-court-of-...94/781/231004/ http://cases.justia.com/us-court-of-...88/385/203651/ The legal details themselves aren't of interest (to me, at least), but the notion that any of this stuff would ever be worth $160 million is unbelievable. Ryan |
#3
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Staffa label chicanery
"rodney" Clive Feigenbaum, the former chairman of Stanley Gibbons (SG), More Clive Feigenbaum labels, Nagaland, India Tony Mac collects the uglies, but does not collect these http://cjoint.com/data/etpMkpjlJk.htm A beautiful young lass from Nagaland. http://cjoint.com/data/etpPpyecnG.htm This type of distinctive clothing seems to be consistant around this latitude, I have seen similar in Northern Thailand with the Hmong. |
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