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Offshore Companies: Seeking Privacy

For many people, the search for privacy and freedom is a basic vital goal. The first step to protecting property is to preserve the privacy and restricted access to third parties interested in knowing more about the account about us and what we have. Security, privacy and total opacity does not exist, as we always have to trust someone and we are always exposed to threats and hazards. The more realistic goal is to reduce the exposure of our data and goods to people who do not want that known. The most basic rule requires trying to lead a quiet life, without boasting of wealth so as not to awake much attention.

It is a fact that we are increasingly harassed in our private lives. For many systems, details of our health, our lifestyle and our habits are accessible to large numbers of people. For example, our image is collected every day by several of the thousands of cameras that record around the clock public places in our country. This monitoring is intended to combat the crime has a good deterrent power and its role in solving serious crimes is usually minimal. The mobile phone allows you to locate a person, knowing what number to call, from where and how long the call takes. In addition, a large number of mobile phones have cameras and can take snapshots anywhere, and they can be filed, handled or distributed worldwide.

One aim of the attacks on our private lives are aggressive marketing strategies. Every day our personal data are, in electronic form, accessible to more people. There are notes of concern that the methods of scanning computerized information and passing data are advancing quickly. The database already built can allow, at least theoretically, the simultaneous investigation of millions of commercial transactions and banking data in real time, that is to say, at the same time they are happening. There are makings of new systems to explore our data to establish our consumer profiles and to try and sell more products and services. Knowing the money we have, the nature of our investments and the movement of our funds is a business objective for many companies or even in the worst cases, blackmailers, criminals and terrorists. Many people have access to greater protection of privacy by placing part of their funds in other territories.

Internet has also revolutionized privacy. We can access more information than ever, but also provided through the network more about us than we can imagine. Systems like the program called cookies, can know what pages we have visited in the network and what our profile of Internet users is. There are programs that are installed on the computer of another person to let you monitor everything he does, even what he is writing at a given time. Each time you make an online purchase, the buyer is asked for their details and they may be sold to other companies and users. To date, we can state categorically that the network is practically insecure.

A few years ago it was made public, with very mild denials, the spy system "Echelon" of which American Security Agency and the British Intelligence Service for commercial purposes may spy on European countries. This system was based on the interception of emails, phone and fax. In May 2001 the European Parliament committee investigating the espionage network recommended that citizens of the European Union encrypted emails. Interestingly, the European Union itself suggested that Internet service providers (ISP) for a certain time retained customer data, which attacks your privacy.

The British Intelligence Service has developed a system of control of all email traffic and Internet, received or sent from Britain. In theory, any electronic message, in whatever form, is available in Britain in intelligence.

At home, there are programs available online that you can "search" and locate a person's private information from a simple data such as phone number or car registration.

Another threat comes from lawsuits. The claims for physicians, surgeons and dentists by malpractice are at alarming levels. Even school principals have been prosecuted for their student’s fortuitous accidents occurring during the school play time. A similar situation can happen to an ordinary citizen as a result of an unfortunate accident.

A lawsuit of this kind can only lead to a significant loss of heritage, but also the professional downfall. One result of this phenomenon is the "defensive medicine", in which the physician orders a multitude of analysis or evidence before making a diagnostic decision or prescribes treatment. The auditors are the latest newcomers to the club. In many cases not enough to have good insurance. It may happen that the claim is not covered by the policy or the amount that is claimed exceeds the coverage.

To have money, income and visible assets makes the work of judges and lawyers the opposing party in a process. One of the first steps to request a lawyer against the other party, and that a judge is likely to take before a lawsuit is to know what the status of their movable and immovable possessions and their expense accounts are.

Often, this action is followed by other preventive measures such as blocking of bank accounts and freezing the assets. The dominant social perception is that he who has money can afford it. And if you have a lot of money, it will not hurt you. The idea is not so much that the owner is guilty, as that the rich can take care of expenses, in other words, "who can afford to pay," and so it seems natural.

The use of tax havens makes it difficult for others to know what assets a person possesses, or where they invest their savings.


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