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offshore bank accounts are protected?

footi gupt

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Jun 15, 2016
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I want to know few things. How does offshore bank account works?
If they receive a fraudulent complaint and government ask to get details of a private bank account of someone , can offshore bank account give account details to the government?
 
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No they can't give any details about you or your company that's the beauty of haveing an offshore account your privacy is protected unless you are doing anything illegal.
 
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If you have a company behind it for instant in the Seychelles or Belize you have 100% protection against any lender or creditors unless you reveal the information yourself.
 
Why would they receive a fraudulent complaints? I think its better to have a Professional to handle your Bank accounts since we already know that government will cross the borders just to take some money from you.
 

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