The Ultra-Rich Are Building a Separate World Here on Earth
Odd Lots
00:00
Mastering the Offshore Game
Samuel Elandi exemplifies the strategic use of loopholes and favorable jurisdictions to evade legal repercussions and create profitable structures. Originating from Italy, he exploited telecom deregulation to build a successful business, only to face scrutiny when his company failed and funds were traced to obscure offshore locations. Elandi deftly moved to Dubai, a haven without extradition, and enhanced his shield by obtaining diplomatic immunity through a Liberal appointment. Residing on a barge between Dubai and Iran for a year, he demonstrated a profound understanding of offshore complexities, showcasing how opportunistic thinking can unlock numerous advantages in seemingly restrictive situations.
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