Quantcast
Channel: Channel Islands | The Guardian
Viewing all articles
Browse latest Browse all 237

The 'Sark Lark' Britons scattered around the world

$
0
0
From the Caribbean to Cyprus, former Channel islanders are taking money to disguise the ownership of thousands of companies

Many Britons who make a living from "the signing", as they call it, originate from the tiny Channel island of Sark, a notorious British tax haven. Following scandals more than a decade ago over the "Sark Lark", the group scattered, setting up residence in far-flung jurisdictions such as Cyprus, Dubai, Vanuatu, Mauritius, or Nevis in the Caribbean. Many still keep in touch on Facebook.

They make up teams of sham company directors, according to documents the Guardian has seen, taking money to disguise the real ownership of thousands of international companies. This is not illegal, and they generally say they are helping owners preserve legitimate privacy.


Viewing all articles
Browse latest Browse all 237

Trending Articles