Fraud > Offshore
Planning > EXHIBIT:
Schneider has since served his six-month sentence, and been released.
The information given below relates only to his past conduct, and should in
no way whatsoever be indicative of his post-release activities or character.
We hope that he has finally changed for the better.
Jerome Schneider is an offshore planning scammer who was convicted
of computer fraud in the early 1970s. At some point, Jerome decided that he
could be an offshore planner, and he ran cheesy advertisements in the in-flight
magazines touting his books and seminars wherein he marketed his offshore planning
services, including offshore banks. Jerome's several books are regarded by
asset protection planners and tax planners as the worst crap ever written
about offshore planning.
While offshore planning was very popular in the late 1990s, by
2002, Congress had passed the Patriot Act and other legislation clamping down
on foreign fund transfers and correspondent banking relationships, and the sun
finally set on many of the offshore jurisdictions as deposits dried up.
Copy of Jerome Schneider's Indictment
Shelter Guru's Partner Pleads Guilty, Will Testify -- Eric Witmeyer
pleaded guilty to his role in a tax-evasion conspiracy and will testify against
his alleged partner in crime, Jerome Schneider.
Pleads Guilty to Evasion Scheme -- Witmeyer and co-defendant
Jerome Schneider were indicted by a federal grand jury in December
and were charged with conspiracy and 22 counts of mail and wire
fraud in connection with the marketing and sales to U.S. taxpayer
investors of offshore international banks or corporations and causing
those entities to be decontrolled, a process used by the defendants
to attempt to conceal the U.S. taxpayer's investor's ownership in
the offshore bank or corporation (246 DTR G-6, 12/23/02).
Gurus Jerome Schneider and Eric Witmeyer Indicted -- The author of some
of the worst books on offshore and asset protection planning and his flakey
tax attorney have been indicted for conspiracy to defraud the IRS and for wire
Publishing Company v. Ray Jutkins and Rockingham Jutkins Marketing Inc.
at British Columbia Supreme Court.
warrant relating to an IRS investigation into Jerome Schneider, Eric
Witmeyer and others (6.06 MB in size, over 50 pages). Allow between five and
15 minutes to download, depending on speed of computer and Internet connection.
Well worth the wait!
A. Green v. Premier Management Services Ltd. and Jerome Schneider at
British Columbia Supreme Court.
Stewart Andree v Cloyd Francis Angle, with Jerome Schneider and Wilshire Publishing
as third parties at British Columbia Supreme Court.
Some of Jerome Schneider's Marketing Materials: